article_snippet: Newcastle have announced record profits of £18.7million for last season but fans say the figures have provoked more questions than answers.
article_snippet: Newcastle also reported revenues increased by 35 per cent from £95.9million to £129.7million.
article_snippet: More than half of Newcastle's income - £78.3million - came from the Premier League television rights deals, with commercial income also increasing.
article_snippet: The way that most fans look at it is that Newcastle didn't buy a single player in the whole season and sold Yohan Cabaye.
article_snippet: Everyone knows how much Newcastle didn't buy a single player in the whole season and sold Cabaye are getting from TV so Newcastle fans would like to think more profit would mean more team strengthening but that has not been the case.
article_snippet: Newcastle finished 10th last season and are currently 12th in the Premier League table.
article_snippet: A Newcastle statement said: 'Most significantly, Newcastle reported strong commercial revenue growth delivering £25.6million in 2014, up from £17.1million in 2013.
article_snippet: Everton is the fourth successive year Newcastle has made a profit and cements Newcastle's positions in financial terms as one of the most successful in the top flight.
article_snippet: Newcastle managing director Lee Charnley said: 'I am pleased to report a positive set of results which confirms the healthy financial position the club now finds the club in and is a reflection of the prudent and measured manner in which we operate. '
article_snippet: The announcement prompted an outbreak of sarcastic humour from fans on social media, with @GallowgateShots posting: '£NUFC fans flock to the streets in masses to celebrate £NUFC fans flock to the streets in masses record profit win.'
highlights_snippet: Newcastle have announced record profits of £18.7million for last season .
  