The accounts for Newcastle United's 2022/23 season have been made public, revealing the financial impact of the Saudi Arabia PIF led consortium's ownership.
These were the accounts for last season, the 12 months up to 30 June 2023. These 2022/23 accounts were the first ones covering a season where the Saudi Arabia PIF led consortium had been in charge for a all of the 12 months. The previous accounts (12 months to end of June 2022) the new owners had been in charge for less than nine of those twelve months, plus of course the basics of that season, particularly when it comes to generating cash, had been largely dictated by the previous NUFC owner.
Anyway, a lot of media coverage and debate since these accounts have been made public by the club. Some of it enlightening, much of it not so. Indeed, lazy and embarrassing are two words that spring to mind, with a lot of what I have seen from journalist
Newcastle United Accounts 2022/23 Season Saudi Arabia PIF Consortium Ownership
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