The make-up of the clubs ranking in positions 11 to 20 in the Money League demonstrates the seismic influence of on-pitch performance on financial revenues.

No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins. Alongside record matchday revenue, Money League clubs also generated record commercial revenue, which totalled €4. In relation to estimates and projections actual results are likely to be different from those projected because events and circumstances frequently do not occur as expected, and those differences may be material. To maintain that level of spending, they would have to financially break-even over the next two years.

The debts nearly killed Pompey, however, and the fallout, which included a nine-point deduction for the south coast side, saw seismic change brought to the English game and how it was governed from a financial perspective, the changes designed to put guardrails around spending in the Premier League. These include the Angel of the North, Newcastle’s iconic Tyne Bridge and the Newcastle Gateshead Quayside. However, the reality is that I could end up not going to a single game at St James’ Park this coming season having forked out fifty seven quid for memberships. As you can see, it’s not easy, a real balancing act, however, we’re heading in the right direction, have a great squad and manager and the future’s bright. Using some base data from the consistently excellent Swiss Ramble, I’ve been able to roughly calculate where we stand right now.

It is extremely refreshing when I come across kids who support their local team and who actually go to games. A collection of greeting cards of the Newcastle Tyne Bridges, the Angel of the North, the Newcastle Gateshead Quayside, and the North East Coast.Clubs that are taken over by rich owners, generally quickly increase their commercial income through dubious sponsorship deals with companies connected to the new owner. I’m going to keep it simple and top-level, also worth noting that this view does not include any additional constraints placed on the club in respect of ‘wages to turnover ratio’ by either the Premier League or UEFA. Some neutral observers on Twitter have also stuck their oar in (and helpfully done much of the hard graft on the figures for me! A new wave of stadia development is already underway across European football, funded in various ways including through minority equity sales (Paris Saint-Germain) and ringfenced private equity investment, as seen in the Spanish and French leagues.