Income bill went up by 20 per cent, but the general news is covered in gravy for the Toon - even with cold season ticket prices Activity Newcastle said to be one of the world's top 20 wealthiest clubs, after revealing noise economic benefits today. Manager Alan Pardew is set for more support in summer time shift industry on the rear of a solid performance off the message, as well as on it. The St James' Park club increased their turnover to A93.3million this past year (up 5.4%) improved by bonus money for finishing a surprise fifth in the Premier League. The club say that places them in the elite world segment of top making football clubs, with a further boost coming with information that they made a profit for the next straight year, this time of A1.4 million. The only down side to this is really a 2,000 escalation in the wage bill to A64.1m after stars including Yohan Cabaye, Demba Ba and Pappis Cisse bolstered the squad. That puts the club's wages-to-turnover at 68.7%, an increase of 8.1% on this past year, and at the top end of the necessary range. The figures, for the financial year ending on June 30, 2012, show the club is making strides towards stability off the pitch. And in addition they show a rare exemplory instance of a team compromising revenue to keep ticket prices down. The average attendance at St James' Park increased to 49,936 - 2,190 up - but ticket income fell by 1 week after a time ticket price freeze, and cheaper seven and ten year longterm discounts being offered. These initiatives swelled the number of season ticket holders to the best degree since 2007 and this season's average gate will top 50,000. TELEVISION income grew by 14.6%, with that number set to increase dramatically with next season's tv rights deal which ensures prime trip clubs a minimum of A60m a year. Industrial revenue fell by 12.7%, although the latest figures don't include revenue from the club's new deal with Wonga. That alliance, which will be efficient from the 2013/14 time, "represents a significant increase on the club's past professional agreements", the club say. This past year Newcastle made an overall gain of A32.6m, were considerably enhanced by the A35m purchase of Andy Carroll to Liverpool.
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