Newcastle’s Wage-To-Turnover Ratio  Of  £13.5million As Champions League qualification

With a top-four finish in the Premier League, the Magpies had an incredibly successful 2022–23 season, but as a result, their monthly spending increased.

As reported by The Athletic, the new Saudi Arabian owners at St James’ Park included lucrative bonuses for Newcastle players if they qualified for Europe.

These bonuses were negotiated between the players and the club on a case-by-case basis, unlike other top-flight clubs.

According to Football Insider, Newcastle’s annual pay expenditure increased by £15 million as a result of Champions League wage bonuses.

Given that Newcastle’s salary cost in 2021/22 was £171 million, or 95% of the club’s revenue, it is a relatively modest increase.

Newcastle’s wage-to-turnover ratio is set to drop however, with the North East club also set to enjoy a significant revenue increase as a result of their Champions League qualification.

On top of the Champions League wage bonuses, Newcastle invested heavily this summer to improve their first-team squad with Sandro Tonali, Harvey Barnes, Tino Livramento and Lewis Hall joining Eddie Howe’s squad.

These four additions are set to add £13.5million to Newcastle’s wage bill, with Tonali the highest earner in the list with an annual wage of £6.2million – £120,000 per week.

Barnes is set to earn £4.1million per year at Newcastle, while Livramento’s £50,000 per week wages will add £2.6million to the annual bill.

However, by taking £7 million off of Newcastle’s salaries, the sales of Allan Saint-Maximin, Chris Wood, and Karl Darlow, as well as a number of loan agreements, have helped to balance the books.

Overall, according to Football Insider’s calculations, Newcastle’s pay bill will climb by $22 million from before the summer transfer window of 2023.