Newcastle United handed £28m FFP boost - but it could have been more

Newcastle United finished bottom of their Champions League groupNewcastle United finished bottom of their Champions League group
Newcastle United finished bottom of their Champions League group | AFP via Getty Images
Newcastle United’s coffers are set to be given a tidy boost ahead of the upcoming FFP/PSR year - but the situation could have been better

Newcastle United earned just over £28million from competing in the Champions League last season.

Supporters were in dreamland a year ago when Eddie Howe guided the Magpies to a historic top-four finish. The Magpies had endured a 20-year exile from UEFA’s elite competition and Toon fans began gearing up for the adventure of a lifetime.

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As it turned out, Newcastle were plunged into the “Group of Death” given their low UEFA coefficient. This made qualification for the knockout rounds difficult but ensured tasty European trips for a club battling relegation just two years prior.

A draw away to AC Milan and that unforgettable 4-1 rout over Paris Saint-Germain got Newcastle off to a flyer - and progression was within sight. However, the Magpies failed to win another game, with their exit marred in controversy.

That 98th-minute penalty for handball to deny a famous win in Paris still haunts Toon fans. The result also dented the club’s bank balance as each group stage win generated £2.4million.

Three points at PSG would have put one foot in the knockout rounds, with last 16 qualification fetching a further £8.3million. Instead, Newcastle were forced to accept the standard £13.5million for reaching the group stage.

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They also received £800,000 for the two draws against PSG and Milan. That takes the overall prize money earned to £17million but TV revenue and UEFA coefficient enhanced the coffers by a combined £10.7million - taking the total figure to £28.7million.

FFP/PSR restrictions have created a tight balance sheet on Tyneside and these numbers will be accounted for once the three-year cycle advances in July. However, the Magpies must also consider the fact they will not be in European competition next season.

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