Newcastle CEO Darren Eales met with the new Fan Advisory Board late last month, and the meeting details have now been revealed.
We discussed earlier today what CEO Darren Eales stated regarding the potential expansion of St. James’ Park and the research that will be released next month.
Here’s what CEO Darren Eales said regarding Newcastle’s future plans:
“We’re going to build a results-driven, world-class, sustainable organization that consistently achieves top-six status for men’s and women’s teams and wins major trophies, within the next five years.”
“The club’s revenue growth over the last two seasons and into this season has been incredible.”
“Off the pitch, because we started from a low revenue base, we are still a long way behind the top six in the Premier League.”
“Since we can only spend a percentage of revenue, we always look to spend the maximum we can on the team within the Profit and Sustainability Rules (PSR).
“This means it is vital that we look at ways to raise revenue streams, whether through matchday, St. James’ STACK, commercial partnerships, retail/merchandise, tours, hospitality, and events.”
Darren Eales’ words are encouraging, and they will help keep some of our top players at Newcastle as we strive to become a world-class team and company.
They will also help us recruit new players this summer.
However, Newcastle must get enough points in their next ten league games to offer players European football next season, even if it is in the Europa Conference.
That may be challenging given our current league ranking of 10th.
Premier League Table 2023-2024
| Position | Team | Played | Won | Lost | Drawn | GD | Points |
|---|---|---|---|---|---|---|---|
| 8 | Brighton | 28 | 11 | 8 | 9 | 6 | 42 |
| 9 | Wolves | 28 | 12 | 11 | 5 | -2 | 41 |
| 10 | Newcastle | 28 | 12 | 12 | 4 | 11 | 40 |
| 11 | Chelsea | 27 | 11 | 10 | 6 | 2 | 39 |
| 12 | Fulham | 29 | 11 | 13 | 5 | -1 | 38 |
What are your thoughts?
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