The proposed takeover of Newcastle United would be a game changer for the Premier League as new figures from The State of Football Finance project (via ChronicleLive) analysed the respective turnovers of the clubs in the top flight over the last four seasons.
As per the outlet, the so-called ‘big six’, consisting of Arsenal, Chelsea, Liverpool, Manchester United and Tottenham Hotspur, had a combined turnover of £2.998 billion in the 2018/19 campaign, compared to £2.145 billion for all of the other teams in England’s highest division in the same year.
Income is counted as money from game days, broadcast, and commercial deals, and Man Utd led the way with an overall income of £627.10 million, with £275.09 million of that coming commercially.
The Magpies had an overall turnover of £176.45 million, less than what the Red Devils received in commercial revenue, £24.85 million from match days and £123.94 million from broadcast.
The fact that the overall turnover of the Tyneside club was less than what MUFC made just commercially suggests that if the prospective takeover does eventually go through at St. James’ Park, then these figures could all change, hence it would be a ‘game changer’.
The would-be owners could be set to sit on a big pile of wealth, given that the buying side consists of the Kingdom of Saudi Arabain (KSA) crown prince Mohammed bin Salman (MbS) and his country’s Public Investment Fund (PIF), businesswoman and head of PCP Capital Partners Amanda Staveley and the billionaire Reuben brothers who are originally based in India but are now based in London.
The rather huge sum of money that could be available to NUFC if the £300 million deal with Mike Ashley is approved could potentially see them break the trend of the ‘big six’, but the bid has to be approved by the Premier League first.
Geordies, would the Toon’s turnover break the ‘big six’ after the takeover? Comment below!
