Post by ezzy79 on Aug 13, 2009 16:28:26 GMT 7
Old Story;
www.guardian.co.uk/football/table/2009/jun/03/premier-league-turnover-wages-debt
I think we were in pretty decent financial position but it needs to be noted that this is up to May 31st 2008, before we did a lot of personnel changes last season and just before the full impact of the economic meltdown so i think currently we should be a bit worse off, but should be better than some of top 4, Liverpool for instance, although it needs to be said that they have private owners.
We did spent a decent amount of money compare to other clubs this pre-season but we also released a lot of deadwoods to alleviate the strain of our wage structure.
Odd how Newcastle WAS the sixth highest earning BPL club...
www.guardian.co.uk/football/table/2009/jun/03/premier-league-turnover-wages-debt
I think we were in pretty decent financial position but it needs to be noted that this is up to May 31st 2008, before we did a lot of personnel changes last season and just before the full impact of the economic meltdown so i think currently we should be a bit worse off, but should be better than some of top 4, Liverpool for instance, although it needs to be said that they have private owners.
We did spent a decent amount of money compare to other clubs this pre-season but we also released a lot of deadwoods to alleviate the strain of our wage structure.
Odd how Newcastle WAS the sixth highest earning BPL club...