Vital Football

Latest Newcastle United News

Lost Fixtures Cost United Millions

Lost Fixtures Cost United Millions

Newcastle have recorded a loss of £6.3million in the club's interim results for the six months ending January 31, 2006. This compares to a profit of £9.7million over the same period last year.

The losses are principally attributed to a fall in overall revenue fell from £49.5million to £43million due to the club having six fewer fixtures in all competitions.

Newcastle also invested significantly on players during the period, signing Michael Owen, Albert Luque and Nolberto Solano. Profit before player trading was recorded at £2.7million, down from £8.5million on the same period last year.

Chairman Freddy Shepherd: 'The current season has been disappointing with performances on the pitch falling well below the level we expected. Since his appointment as acting team manager, Glenn Roeder, capably supported by Alan Shearer, has overseen a significant improvement in team performances.

'We want this positive trend to continue, while our search for the best possible team manager takes its course.'


Click here to join in the debate on the club forum.

Writer:
Date:Thursday April 13 2006
Time: 10:42AM

Login to post a comment

Best of Vital Network

Recent Newcastle United Articles

Newcastle Add Second German Friendly

Newcastle have announced that we will face FSV Mainz

Newcastle Midfielder To Move To Holland

Haris Vuckic is leaving us for Holland

Incoming NUFC Deals Said To Be Imminent

Talk of proper transfer news coming.

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Archived TOTT Articles

TOTT articles from

Site Journalists

TNMW
Editor email
Profile

Current Poll (see more polls)

How Many Players Do NUFC Need To Survive Next Season?
Suggested By: Talk of the Tyne
None2%
1-32%
4 or 531%
6 or 745%
More than 720%
ScoopDragon Premier League Network Sites
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot119
2.CuckFan54
3.keggy_keagal52
4.PieMag46
5.officemonkey30
6.Rytoon27
7.carlosvendetta24
8.billybobcat17
9.daftladguy14
10.Mcnamee6714
Write for Vital Football