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Lee Ryder

Newcastle United owners react after latest financial figures show £70.7m loss

Newcastle United CEO Darren Eales has reflected on the club's latest financial accounts and says the club can look forward with confidence.

Eales, who was appointed last July, believes United are making good progress off the field and are in line with their performances on it. Speaking after the figures were released today, Eales said: “This is an ambitious, long-term project. "The financial success of the club goes hand in hand with our performances on the pitch.

"We have come a long way in the past few months. There’s still a long way to go but we are looking to the future with confidence."

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