An insightful piece has emerged from the Shields Gazette on the finances at NUFC, revealing that the club could take in as much as £121.5m come the end of the season – a figure that could boost Benitez’s summer transfer budget.
This comes from Joel Sked, who has looked into all the avenues of revenue that the club look set to benefit from, including merit payments (how much Newcastle will receive based on their league position) and income from the lucrative overseas and domestic TV rights deals.
He explains that every Premier League place is worth an estimated £1.9m, meaning our potential rise from 15th to 10th could end up handing us an extra £10m – an amount that could come in very handy in a few months when we look to secure the permanent signings of Kenedy and Dubravka.
Here’s a breakdown of the payments we look set to receive for the 2017-18 season as reported by the Gazette:
Equal share: £35,301,989
Facility fees: £21m
Merit payment (for 10th place finish): £21,357,699
Overseas TV: £39,090,596
Central commercial (Sky/BT): £4,759,404
Total payment: £121,508,688
#NUFC are primed for a huge windfall from the Premier League end-of-season payments. If tenth place is taken as a barometer, United can expect to earn around £121.5million for season 2017-2018, which would be a healthy boost to the club's transfer budget. https://t.co/R9NxGuF3ja
— NUFC 360 (@NUFC360) April 16, 2018
The problem in all of this is that ‘we’ as a club may not actually see a great deal of this money, with owner Mike Ashley being the man who has to distribute these millions to Benitez.
We know he wants to sell, but he’s too hard to predict and even more difficult to do business with it seems.
Hopefully he gets an acceptable offer and is gone for good this summer, but if he remains, let’s hope Rafa sees a sizeable chunk of this £121m the club looks set to receive.