By Paul Nicholson
March 28 – Newcastle United have recorded only their second year of profit since billionaire Mike Ashley bought the club in 2007 for £135m. The £1.4m profit is a drop on the previous year’s £32.6m profit, but substantially better than the finances at Coventry (English Championship) and Dunfermline (Scottish Division 1) who both fell into the hands of administrators yesterday.
Newcastle in black, but Coventry and Dunfermline see red and rock bottom
