Quote Originally Posted by qccfc View Post
Why is making a profit at a football club now seen as a bad thing?

Fans seem to want "ambition", but then are up in arms when the club gets relegated and is in immediate financial danger and have to sell players to survive, claiming "where is the money gone".
But transfer fees aren't the only outgoings and income that a club has. You are allowed to use other money streams... IE gate receipts and TV money to spend on players.

I don't have details of Newcastle's finances so can't really comment to much on them, but for profit or loss you can't just look at the transfer market