Failed relegation fight took toll on Newcastle United profits

Newcastle United

By David Owen

April 17 – Newcastle United, the Tyneside club close to sealing an immediate return to the Premier League under big-name Spanish manager Rafa Benítez, have reported a sharp downturn in profits for their relegation season. Pre-tax profit plunged to £4.2 million for the year to 30 June 2016, against £36.2 million, the second-highest in the league, in 2014-15.

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