The details of how much Premier League clubs paid in agents' fees for the 2022/23 season have been made public, following a decision by the authorities to increase transparency. The data includes all intermediary and agents' fees paid during the last two transfer windows through the FA's clearing account. The figures reveal that despite being the 11th highest for agents' fees, Newcastle United still paid a significant amount of PS10,784,029. However, this quantity is less than the PS11,349,953 paid out in the season ending 2020/21. It is also noteworthy that several clubs paid higher than NUFC, such as Man City who spent an unprecedented PS51m, followed by Chelsea at PS43m, and Manchester United at PS24m.
Newcastle United filed its financial results for the 2021/22 financial year, and the figures revealed a PS70.7m loss after tax for Newcastle United Limited due to investment in the playing squad during the January 2022 transfer window. However, the numbers showed a sharp recovery in revenues to PS180m from PS140.2m the previous year, implying that crowds' return to St. James' Park contributed to enhanced matchday revenues. Additionally, commercial and media rights revenues increased as the team's league standing improved. The new ownership group has now injected additional capital into the club to improve the business's financial position further. Newcastle United CEO, Darren Eales, has stated that the success of the club financially goes hand in hand with the team's performances on the pitch, and the club is looking to the future with confidence.