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Matt

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Everything posted by Matt

  1. I like how that article moves from sensation to reality as it goes on. 'But in the end, maybe nothing will happen'
  2. The club isn't worth anything like what Ashley has invested to date, but it might be if we went straight back up and stabilised. For that reason, I can't see him selling. If the club becomes marooned in the Championship, then it's worth bugger all.
  3. Surely the only way he'll stay is if the entire board is removed?
  4. The only protest that will make any difference is a large cheque. What we think doesn't bother him in the slightest. His only aim is getting as much as his money back as he can.
  5. The business he owns will be £70m+ worse off than if we had stayed up, how is this not impacting him financially?
  6. Matt

    PROMOTIONOMETER

    Last time we were on TV something like 16-17 times.
  7. Re-reading the Swiss Ramble piece from a few weeks back- we're unlikely to be forced into offloading a huge number of players straight away. The drop in TV money is 40m from this season's level to next season's parachute payment and we'll likely be down 10-15m more in terms of matchday revenue and sponsorship. Last season the club generated operating cashflow after tax of around 40m (my guess), so the gap which will need to be filled will likely be in that 10-15m range. Our ability to bring in sponsors and corporate seats will be impacted significantly by who is in the dugout. Given that incoming players will be on lower wages than those on the way out, we could theoretically get away with just the saleable want-aways leaving- Sissoko, Wijnaldum, Perez, Janmaat - and having enough left over to strengthen elsewhere and just about staying on an even keel. I suspect the club will do what they did last time and apply an impairment to the value of players on the books following relegation and use that non-cash loss as a tax shield for potential future profitable seasons.
  8. Spurs may not have the title to play for on the last game, but they might still be fighting off Arsenal for 2nd place. A draw tomight would be handy.
  9. To get 99 points and not go up is gutting
  10. I'm hoping today's game was filmed
  11. West Ham have a pretty good following and the Olympic Stadium is much easier to get to from Essex where they have decent support, but I can't see them filling it week in, week out.
  12. SDI issued a clarification to the market stating that earnings would be at the bottom end of previous guidance, presumably in an attempt to prevent Ashley being hauled up for disclosing such information in his interview, rather than through the proper channels. Ashley is famously private about his business, now he is suddenly doing interviews on Sky News and sparring with MPs. His maverick style has always weighed down on the share price, and now he is using it to his advantage.
  13. The Copa del Rey is two-legged all the way to the final, so the argument about La Liga is bollocks.
  14. It's going to be a £180 million black eye for him, and I can only hope that leads to him selling up a lot quicker. He could take this season's TV money out to pay off what the club 'owes' him and then put the For Sale sign up. If we go down there will be a massive financial black hole and no guarantee of a swift return. The club as an ongoing business would be virtually worthless. You might get someone who just wants to own a club putting up a few quid, but it would be a face-losing loss- is MA prepared to face that?
  15. It is his cash. They are his player registrations and his trademarks. The seats in SJP all belong to him too.
  16. Why was that sub giving his cock a squirt of the water bottle?
  17. He's a perfect 10, but he wears a 12 There ain't a hair on his head And our number 4 Was just so poor We went and bought Shelvey instead
  18. Hah fatty goes in there. I bob in after work now and then. Ashley's cost control extends to drinking in a Sam Smith's pub. Probably on the Alpine Lager.
  19. It's not outlandish to suggest that MA could look to take SD private again with the share price so depressed. He could probably do this without the need to sell NUFC if he could secure enough debt but if he could sell NUFC for a decent sum (and God knows what he'd want) that cash could be crucial in buying back the business and not having to worry about keeping debtholders happy.
  20. Shamelessly ripped from FT.com
  21. SD peaked in August at 815p a share and is down around 46% since then. Ashley's holding (assuming its been constant at 55%) has fallen in value from about £2.68bn to £1.43bn, so that's a cool £1.25bn off his stake. By comparison, the FTSE100 is down 11% in the same period. A bit like the fans at NUFC, a lot of shareholders do not like the way he runs the business- some are vocal about it and others keep quiet as long as results are on track. But when things aren't performing, all those governance issues (working practices at Shirebrook, USC, appointing his daughter's boyfriend etc) all come to the fore. Did you find out how many shares he owns? I calculated it as around 577m based on that Guardian article I linked which said he had sold 2,6% of his stake or 15,4m shares early last year. He sold a 2.6% stake rather than 2.6% of his stake. Google Finance (it's what all the pros use....) has total shares at 598m and latest reports show Ashley holds 330m shares, so revising my earlier number the pain today is about £255m. And I agree with Loveit above- if he bought a chunk of shares not only would it support the price, it would give confidence that he still believes that is business model is viable.
  22. SD peaked in August at 815p a share and is down around 46% since then. Ashley's holding (assuming its been constant at 55%) has fallen in value from about £2.68bn to £1.43bn, so that's a cool £1.25bn off his stake. By comparison, the FTSE100 is down 11% in the same period. A bit like the fans at NUFC, a lot of shareholders do not like the way he runs the business- some are vocal about it and others keep quiet as long as results are on track. But when things aren't performing, all those governance issues (working practices at Shirebrook, USC, appointing his daughter's boyfriend etc) all come to the fore.
  23. He's down about £290m today.
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