Newcastle’s new owners have reported a reduced loss after tax of £12.2million and have pumped in £167.9m since their arrival, the club’s latest financial statement has revealed.
Figures for the 11 months to June 30, 2021, during which Mike Ashley was still at the helm, show overall turnover fell by £12.4m to £140.2m with match income slashed by 99 per cent to just £0.2m due to the absence of crowds at St James’ Park under Covid-19 restrictions.
