Player's salaries increased to £15m in the period and net transfer fees were £6.1m in deficit.
Total operating expenses were up 11% to £35.5m, which more than offest an increase in TV fees by 37% to £9.5m.
Newcastle In Red
Newcastle United FC posted a £1.4m loss in the six months to 31st January and cut it's interim dividend 22% to 0.8p.
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