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Thanks for that. Of course, the next season I imagine Newcastle's profits would have been a lot lower as they'd have been in the Championship but it's a bit of an eye opener as to how much profit Toon makes, Surprised at Southampton's profits being so low though. Surely they must make good...

If Southampton are worth £260m (if 80% of the value is £210m) then how come Ashley values Newcastle at £400m? Surely, Southampton are better established PL club, one with an excellent academy - one of the best in the country. Perhaps El Pres or one the accountants on here can tell me why...