Newcastle Eagles — Investor Profile
Men's · Super League Basketball
Not an audit. Compiled from AI-assisted deep research into UK professional basketball financial/ownership structures (source doc dated 2025, regulatory status as of October 2025). Not an independent audit — verify before relying on any figure here.
- Turnover
- £1,900,000 (period ending 31 July 2024) Audited
- Operating result
- Break-even Estimated
- Net equity
- Net liabilities of £322,500, offset by long-term foundation asset value Audited
Legal entity
Newcastle Eagles (Basketball) Limited + Eagles Community Foundation (registered charity)
Owner / backer
Paul Blake (Managing Director, majority control since 1999) — community foundation model
Ownership concentration
Owner-operator model; Blake holds majority control via the community structure.
Venue
Vertu Motors Arena (opened 2019), £8.4m capital financing via North East LEP/Sport England/Newcastle City Council. Capacity 2,800; avg. attendance 2,200–2,600 — highest occupancy in the top flight.
Venue risk
Club controls the venue through its foundation — low venue risk.
Risk classification
“Largely self-funding, limiting reliance on owner capital injections.”
Notes
34 full-time employees (audited); estimated playing budget £350k–£450k.
Compiled: 2026-09-14