Newcastle United announces record income after 44% commercial revenue increase | OneFootball

The 2025 financial results are supported by success on the pitch during the account period, with the club winning a first domestic trophy in 70 years and achieving a fifth-place finish in the Premier League to qualify for the 2025/26 UEFA Champions League.

Despite not playing in European competition during the accounting period, the club's turnover rose by £15m to £335.3m. Profit after tax was strongly positive at £34.7m.

A 44% rise in commercial revenue was a key driver in overcoming the loss of European earnings. This was supported by investment into a new in-house retail operation and the opening of the unique 'St. James' STACK' fan zone next to St. James' Park.

The club also undertook the reorganisation of its property holdings and group structure to support future investment in infrastructure, which was accounted for in accordance with FRS102 accounting rules. The 2025 financial results reflect a profit on disposal of £133.2m, which will be slightly adjusted in Financial Year 2026 based on results of a now-concluded Premier League fair market value process.

David Hopkinson said: "Our financial results reflect not only strong progress on and off the pitch, but also the firm foundations being laid for the future we all aspire to.

"Thanks to the continued backing of PIF and the Reuben family, we are better positioned than ever to invest in our long-term vision and create the conditions for sustained success.

"Together with our supporters, our staff, our players and our ownership, we move forward with ambition and a shared belief in what this club can become.

"As these results pre-date my arrival, I also want to express my sincere gratitude to Darren Eales for his leadership and dedication during an important period of transition for the club. He made a lasting contribution during a key phase, and we are building on that progress with confidence."

Newcastle United's financial results for the year ended June 2025 can be found here.