Paul Mitchell set for ‘exciting’ role change at Newcastle United as huge 2025 summer transfer hint dropped….
Darren Eales has teased an exciting summer ahead for Newcastle United following the club’s latest financial results.
Newcastle arguably haven’t made a major first-team addition in each of the last three transfer windows. With head coach Eddie Howe previously warning that his squad risks becoming ‘stale’ with a lack of additions, the big question is whether the club will have the funds to keep key players and make significant additions this summer.
The club published record revenue levels of £320.3million for the 2023-24 season and reduced losses to £11.1million for the 12 months ending June 30, 2024. Increased commercial revenue and the money acquired through recent player sales puts the club in a more comfortable position when it comes to complying with Premier League Profitability and Sustainability Rules heading into the summer.
Newcastle are set to have money available to spend in the summer, though there is no set budget in place.
Hall to miss rest of the season with foot injury…
The 20-year-old was injured during the Magpies’ Premier League fixture at Liverpool.
Following a scan and advice from a specialist, Lewis will undergo surgery before a period of rehabilitation with the club’s medical team.
Everyone at Newcastle United wishes Lewis the very best with his surgery and recovery.
The leading scorer missed the midweek loss at Liverpool with a slight groin injury but is back to face the Seagulls at St. James’ Park in the 1:45pm (GMT) kick-off.
Joelinton makes a timely return to action after a month out after suffering a knee injury against Fulham at the beginning of February.
Also coming into the side are Martin Dúbravka, Kieran Trippier, Lewis Miley and Harvey Barnes.
Nick Pope, Lewis Hall, Bruno Guimarães, Jacob Murphy, Joe Willock and Callum Wilson make way, with Hall not named in the squad at all due to an ankle injury. Trippier captains the side, with Dan Burn lining up against his previous club.
Newcastle United: Martin Dúbravka, Kieran Trippier (c), Fabian Schär, Joelinton, Sandro Tonali, Anthony Gordon, Harvey Barnes, Alexander Isak, Tino Livramento, Dan Burn, Lewis Miley
Substitutes: Nick Pope, Callum Wilson, Matt Targett, Emil Krafth, William Osula, Jacob Murphy, Joe Willock, Sean Longstaff, Bruno Guimarães.
Newcastle United announces financial results for the year ended June 2024..
This strong financial performance reflects continued progress on and off the pitch during the financial year, including a return to the UEFA Champions League.
These figures represent a substantial improvement on the previous two financial years, which had been characterised by significant investment into the squad.
The improved result was driven mainly by revenue growth from Newcastle United’s participation in the Champions League and profits from transfer dealings in line with Premier League profit and sustainability rules (PSR).
Newcastle United increased its latest reported revenue to £320.3million (from £250.3million in 2022/23), reflecting 90% and 32% increases in commercial and matchday revenues respectively.
Since the end of the accounting period, the ownership group led by PIF has continued to invest capital into the club to improve the financial position of the business. This continued investment is consistent with the shareholders’ approach of long-term, patient investment.
