Newcastle news

Magpies announce profits

March 27, 2013
By ESPN staff
Newcastle United have recorded a profit for the year ending June 2012, the club has revealed.

• Blog: Poor little Michael

The Magpies, who have recorded a profit for two years running, released their latest financial figures on Wednesday.

The Premier League club made a profit after player amortisation (the paying off of debt in regular installments over a period of time) of £1.4 million, however, that is a lot less than last year's level of £32.6 million, ...

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