Newcastle United have announced record revenues on Tuesday morning.
These are the financial results for the 2024/25 season, the accounts for the year ending 30 June 2025.
The results including a 44% increase in commercial income.
Newcastle United stating in their official release: ‘The 2025 financial results are supported by success on the pitch during the account period, with the club winning a first domestic trophy in 70 years and achieving a fifth-place finish in the Premier League to qualify for the 2025/26 UEFA Champions League. Despite not playing in European competition during the accounting period, the club’s turnover rose by £15m to £335.3m. Profit after tax was strongly positive at £34.7m.’
The figures announced today follow on from the 2026 Deloitte Football Rich List, when it was first revealed that Newcastle United had risen to £335m+ for the 2024/25 season. That placed Newcastle United in 17th place in the Deloitte list, two places down from the previous season. Almost all clubs supply Deloitte with their headline financial figures if their accounts haven’t as yet been published, to allow them to be included in each season’s January Football Rich List of top revenues in World football.
The 2024/25 season saw the move over to Adidas from the Castore arrangement set up by Mike Ashley.
That massively impacting the commercial money generated.
The club stating: ‘A 44% rise in commercial revenue was a key driver in overcoming the loss of European earnings. This was supported by investment into a new in-house retail operation and the opening of the unique ‘St. James’ STACK’ fan zone next to St. James’ Park.’
David Hopkinson commenting: “Our financial results reflect not only strong progress on and off the pitch but also the firm foundations being laid for the future we all aspire to. Thanks to the continued backing of PIF and the Reuben family, we are better positioned than ever to invest in our long-term vision and create the conditions for sustained success.”
The Newcastle United CEO then adding: “Together with our supporters, our staff, our players and our ownership, we move forward with ambition and a shared belief in what this club can become. As these results pre-date my arrival, I also want to express my sincere gratitude to Darren Eales for his leadership and dedication during an important period of transition for the club. He made a lasting contribution during a key phase, and we are building on that progress with confidence.”