The business end of the Premier League is fast approaching and Newcastle United look poised to be in the hunt for a European spot come mid-May. The Magpies had a taste of the bright lights in the 2023/24 season but after a campaign that saw them miss out by a whisker, it is mightily important, financially, that the club return to the top table.
Not that they were in need of one - but the release of Arsenal's financial accounts on Wednesdayprovides a timely reminder of the truly game-changing funds on offer by qualifying for the UEFA Champions League. The Gunners posted an overall loss of £17.7m but vastly increased their revenue - £613.5m from the £464.6m - mainly due to their European exploits.
Mikel Arteta's side reached the quarter-final of the Champions League and received £80.4m in broadcast payments from UEFA for their participation - compared to £22m from the Europa League in the previous season. In total, the club's broadcasting revenues sat at £262.3m, up from £191.2m.