the club announced record profits last month of £ 18.7 million for the 2013/14 season .
but the full accounts registered with companies house on monday show that £ 38.6 million was transferred into newcastle 's bank account as a cash-flow sum - paying off a £ 4.5 million overdraft and leaving £ 34.1 million available .
the revelation has infuriated newcastle fans who claim owner mike ashley has little ambition beyond remaining in the top flight and benefiting from the lucrative premier league tv deals .