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Falcons’ soaring wage bill costing Kurdi dear

By NEALE HARVEY
NEWCASTLE’S reliance on their Jordanianborn owner Semore Kurdi is starkly illustrated in the club’s latest accounts, which reveal the club lost £3.2m for 2016-17.
It takes overall losses among the 12 Premiership clubs to a whopping £30.5m, the first time that landmark figure has been breached, reflecting rocketing salaries. Kurdi, who first became involved in 2010, has overseen a period of growth at Newcastle, with turnoverrising from £9.1m to £9.7m in the last financial year – up 6.1 per cent.
However, Newcastle Rugby Ltd’s in...

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