Shearergol

Ashley put money into NUFC on both occasions, he repaid himself the first time after the Carroll sale, we'll have to wait to see if the same thing has happened this time- it could be one reason why there is such limited funds this summer. He didn't plunge the club into debt, this was just the mechanism of him putting more money in and out. There are other ways to put money into the club; he chose to loan the club money to be repaid at a later date on both occasions effectively increasing our debt position. I don't see what's contentious about this at all or how it doesn't equate to plunging the club in more debt? Seems to me like you are arguing for arguing's sake in some financial defense of what Ashley has done to this club since taking over. Pointing out reality doesn't equate to a defense of Ashley. Is this the SMB now and we all have to follow the line? Putting in funds as a shareholder loan does not mean they will be repaid or need to be repaid. It is purely form over substance. He could have put in equity and taken a dividend with exactly the same impact. Debt which might be paid back but doesn't have to be, doesn't bear any interest and has the same beneficial owner as the equity isn't debt. NUFC as a business is debt-free since the satisfaction of the charges in favour of Barclays earlier in the year. Always interested to hear your balanced views on the finances, but just wondered what your actual thoughts and opinions are on what he's doing financially - is he doing this for the good of the club, or the good of SD (in your opinion, it's pretty obviously to most that he's not doing anything for the good of the club).

Hard call tbf

only if you're obsessed with a third division team that has no relevance to us And colour blind. What? The puma on the 3rd kit is black. How colourblind would you have to be to not see that?

It cannot be hidden. But if, for example, Ashley uses the tv money to repay his loan it won’t affect the stated profit at all. It will just reduce the company’s debt liability to him. I have no idea if he will do that but this is just to make the point that it can’t disappear from the accounts. Thanks. Wasn't suggesting he was going to funnel it out, I was just wondering what creative accounting he could use. I'd kinda prefer if he did come out and say that he's repaying the loan to be honest. I don't want the club to be in any debt to that wanker.

I'll tell you two things that would say we do.... 1. Shelvey gets injured 2. Lascelles gets injured Either of those things happen, we're screwed.

Nah, that's wrong. Rafa has absolutely nothing to lose and everything to gain. If/when we get relegated everyone knows his hands are tied and he did his best dealing with the worst owner in the league. If he keeps us up it proves how good he is. His reputation will be higher regardless of what happens.

Aimed at anyone who understands the accounts (Matt?) but how do you suggest the TV money is going to be hidden in the next accounts released? There's no way he's going to risk the club making a huge profit, and unless we're paying the three new players £400k a week, there's no way that the wage bill has increased.

Everton will always be average, doesn’t matter how much they spend.

Nice

https://www.themag.co.uk/2018/05/revealed-mike-ashley-committed-newcastle-united-least-55m-future-lease-payments/

Enjoy the one season of him then ✌?

We have to get away from this idea that Ashley is on the rob / cooking the books / fingers in the till and we're being wronged. Aside from the fact he has only once actually taken any cash out the club, he can use cash in the club to repay the intercompany loan or pay himself a dividend whenever he likes. It's shit but that's the reality. He wants to ensure there is a minimal risk of him putting more of his own money into the club and he sees the best way to do that is to just about survive in the PL and build up enough reserve to go straight back up (in theory). All supporters can do is vote with their feet and by all accounts we've pretty much sold out of STs despite a price hike for many so why on earth would he change his behaviour? He's sold the club the lease of the land behind the stadium (which he bought with the club but claimed he paid %50m for in a sperate deal) for £55m which will only give the club the lease for the land for 5 years and he has already said the club has no plans to use that land to expand the stadium. He's funnelling money out of the club. No doubt he'll have family members who are registered as agents who get large agents fee's and such. Following this.... Matt?

I see he still hasn’t

Gayle found his level yet?

Go back a couple of pages for the link

Giving Shane Ferguson another shot says it all about this club right now. 6 players there that will never have a top flight career then.

Ashley young? What...

Cheaper than man united’s. Although they actually sign players too.

Wait till Mitrovic has a season long loan at Fulham with an option for £15m. Colback on loan to forest, chancel on loan to Porto etc etc No sales = no signings

That doesn't really fit with the grief Joselu gets. So who is at fault? Joselu for not being up to the task? Rafa's for wrongly identifying a player, or ours for not recognising the important role Joselu performs?

Black cat stands out.....

What's the skull reference in the last frame?

Disgraceful attitude from Rafa. Surely someone who has managed Real Madrid should be more than capable of keeping us up, even with the likes of Colback, Elliot and Gayle in the team.

Or could just be a reflection of current reality: 1. Promising midfielder sold back to Spain. 2. Promising winger signed on loan. 3. Midfielder signed on free transfer. 4. Rafa not signing a contract extension. Obviously when we make two signings for £40m+ the mood will lift considerably.... 5. Another promising midfielder putting a request to leave in. 6. Being linked with West Brom strikers who some, rightly or wrongly, deem no better than what we already have 7. The manager, only person at the club we really trust, having to tell fans that we're wheeling and dealing