NEWCASTLE, England (AP) \u2014 Eddie Howe\u2019s job as Newcastle manager was safe \u201cat the moment,\u201d chief executive David Hopkinson said on Tuesday.<\/p>\n
The Saudi-owned Premier League team also released its latest financial figures showing the club effectively sold St James\u2019 Park to its parent company.<\/p>\n
Hopkinson stopped short of giving assurances that Howe, who has been manager since November 2021, will remain in charge beyond the end of this season.<\/p>\n
Newcastle is in 12th place in the 20-team Premier League, has just been eliminated from the Champions League in humiliating fashion by Barcelona in the round of 16, and is sure to finish the season without a trophy.<\/p>\n
Newcastle\u2019s most recent match was a 2-1 loss at home to fierce rival Sunderland, which ramped up the pressure on Howe.<\/p>\n
\u201cEddie\u2019s our manager,\u201d Hopkinson said. \u201dI expect to have a great run to the end of the season here and we\u2019ll talk about the future when it\u2019s time.\u201d<\/p>\n
Asked to clarify his comments, Hopkinson said: \u201cWe are not looking to make a change at the moment. We are not having those conversations. We are still in the midst of the season. Right now, we are focused on the seven matches we have remaining and not distracting ourselves with speculation about what we may or may not do in the summer.\u201d<\/p>\n
In a group strategic report released by Newcastle covering the 12 months to June 2025, the club said it made a profit after tax of 34.7 million pounds ($45.9 million). That was driven in part by a 44% increase in commercial revenue as turnover rose by 15 million pounds ($20 million) to a record 335.3 million pounds ($444 million) \u2014 around half that of England\u2019s biggest teams.<\/p>\n
The report also said the decision to effectively sell St James\u2019 Park \u2014 Newcastle\u2019s storied stadium close to the city center \u2014 to immediate parent company PZ Newco Limited and lease it back was part of a \u201creorganisation of its property holdings and group structure to facilitate future infrastructure investment.\u201d<\/p>\n
___<\/p>\n
AP soccer: https:\/\/apnews.com\/hub\/soccer<\/p>\n
The Associated Press<\/p>\n","protected":false},"excerpt":{"rendered":"NEWCASTLE, England (AP) \u2014 Eddie Howe\u2019s job as Newcastle manager was safe \u201cat the moment,\u201d chief executive David…\n","protected":false},"author":2,"featured_media":573107,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[440],"tags":[49,48,561,82],"class_list":["post-573106","post","type-post","status-publish","format-standard","has-post-thumbnail","category-soccer","tag-ca","tag-canada","tag-soccer","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/573106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=573106"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/573106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/573107"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=573106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=573106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=573106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}