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Everything posted by UV
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Where did you get this from? There's no way the club's worth anything like £200m+. Writing off that loan has to be part of any realistic deal surely. The key word there is realistic. I don't any more than anyone else on here but I could well believe that Ashley's insistence on recovering his loan is a key reason for there being no takers so far. I've seen nothing from any reliable source that indicates the loan is being written off. When you buy a business you inherit its assets and liabilities and the loan is simply a liability of the company. It is indeed, I put it in specifically. If Ashley is attempting to the sell the club for £100m plus £110m debt to Ashley plus any overdraft, then any and all bids have almost certainly been pure fabrications. If he is trying to sell the club for that, then he isn't seriously trying to sell it at all. (I don't believe this is the case.) The only realistic way he could sell the club for anything like £100m is if he wrote off the debt. If this is the case and if the money from player sales is going towards reducing that debt, then should a sale go through he is effectively "trousering the cash" as it is reducing his losses and is money the club will never see again. We all talking blind here because we don't know what it is costing to run the club now. The wage bill has gone down but so has the income so the club will, in all probability, still be running at a loss. Someone or something would have to fund that loss. And it isn't Barclays. So the player sales would have to provide funding. Seeing as the player sales probably don't provide immediate cash I would guess that things are still extremely tight at the club. As for Ashley's loan and writing it off in full, in part or deferring repayment I just don't know what the deal on the table is. I agree that if he wants full and quick repayment it is likely to be a deal blocker. But then again there doesn't appear to have been a rush to snap up the club at terms suitable to Ashley, what are those terms? You're right of course, we're all just guessing, however I personally don't think the club is worth £100m even with the debt written off considering we'll be running at a loss this year, and nowhere near guaranteed promotion without investment now. Sunderland sold for £16m with £35-£40m debt I believe, and this was before the credit crunch. They have a large stadium already and similar potential to us. I don't see why we would be valued at so much more. That's why I don't think there's been a stampede of interest even if he is writing off the loan.
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Where did you get this from? There's no way the club's worth anything like £200m+. Writing off that loan has to be part of any realistic deal surely. The key word there is realistic. I don't any more than anyone else on here but I could well believe that Ashley's insistence on recovering his loan is a key reason for there being no takers so far. I've seen nothing from any reliable source that indicates the loan is being written off. When you buy a business you inherit its assets and liabilities and the loan is simply a liability of the company. It is indeed, I put it in specifically. If Ashley is attempting to the sell the club for £100m plus £110m debt to Ashley plus any overdraft, then any and all bids have almost certainly been pure fabrications. If he is trying to sell the club for that, then he isn't seriously trying to sell it at all. (I don't believe this is the case.) The only realistic way he could sell the club for anything like £100m is if he wrote off the debt. If this is the case and if the money from player sales is going towards reducing that debt, then should a sale go through he is effectively "trousering the cash" as it is reducing his losses and is money the club will never see again. How does he get that cash out of the club though? People on here who are significantly more clued up on finances than I keep saying it would be illegal. There's nothing illegal about paying off a debt. The debt is to Ashley. The money would go into Ashley's bank account. Yeah but its unlikely we've received much as the transfer will be over a few years. You're only guessing that though. Ashley may have insisted on getting all or most of the money up front. I'd be surprised if we haven't received at least £10-15m cash from sales so far this Summer, plus there are the instalments from Milner, Given, N'Zogbia, the season ticket income, new away kits, etc. All things considered, the club should really have no overdraft and money in the bank at this point in the season, but noone really knows for sure, it MAY have gone into paying off the debt to Ashley.
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Where did you get this from? There's no way the club's worth anything like £200m+. Writing off that loan has to be part of any realistic deal surely. The key word there is realistic. I don't any more than anyone else on here but I could well believe that Ashley's insistence on recovering his loan is a key reason for there being no takers so far. I've seen nothing from any reliable source that indicates the loan is being written off. When you buy a business you inherit its assets and liabilities and the loan is simply a liability of the company. It is indeed, I put it in specifically. If Ashley is attempting to the sell the club for £100m plus £110m debt to Ashley plus any overdraft, then any and all bids have almost certainly been pure fabrications. If he is trying to sell the club for that, then he isn't seriously trying to sell it at all. (I don't believe this is the case.) The only realistic way he could sell the club for anything like £100m is if he wrote off the debt. If this is the case and if the money from player sales is going towards reducing that debt, then should a sale go through he is effectively "trousering the cash" as it is reducing his losses and is money the club will never see again. How does he get that cash out of the club though? People on here who are significantly more clued up on finances than I keep saying it would be illegal. There's nothing illegal about paying off a debt. The debt is to Ashley. The money would go into Ashley's bank account.
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Where did you get this from? There's no way the club's worth anything like £200m+. Writing off that loan has to be part of any realistic deal surely. The key word there is realistic. I don't any more than anyone else on here but I could well believe that Ashley's insistence on recovering his loan is a key reason for there being no takers so far. I've seen nothing from any reliable source that indicates the loan is being written off. When you buy a business you inherit its assets and liabilities and the loan is simply a liability of the company. It is indeed, I put it in specifically. If Ashley is attempting to the sell the club for £100m plus £110m debt to Ashley plus any overdraft, then any and all bids have almost certainly been pure fabrications. If he is trying to sell the club for that, then he isn't seriously trying to sell it at all. (I don't believe this is the case.) The only realistic way he could sell the club for anything like £100m is if he wrote off the debt. If this is the case and if the money from player sales is going towards reducing that debt, then should a sale go through he is effectively "trousering the cash" as it is reducing his losses and is money the club will never see again.
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Where did you get this from? There's no way the club's worth anything like £200m+. Writing off that loan has to be part of any realistic deal surely.
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I am a poster who can't say what I want to about why this quote is insulting because I am advised I would be banned.
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On sale for £50, but the laces, insole, tongue and studs have been removed, plus you have to pay Sports Direct a further £100 if you ever score a goal wearing them.
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Prices get lower for the remaining unsold stock the closer you get to the end of the Sale. As a buyer if you hold your nerve, that's how you pick up real bargains. We're now into the last 2 weeks of the NUFC closing down, everything must go sale, the prices are bound to be at an all time low. Do none of you ever go shopping?
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Thats a pretty moronic thing to say at this point in time. I doubt those who've "had enough" really have, theyre just expressing their dispair. I also wouldnt massively judge people negatively for having fallen out of love with football recently after having this fat clown consistantly f*** up any hopes we could possibly have of enjoying football once again. Probably best to get off your high horse. He's absolutely right though. We're going through the shite again and we'll come out of the other side again too. You mean like Leeds, Forest, Sheff Weds, Southampton etc? No, like we did 17-18 years ago No, like we did 31 years ago
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If anyone thinks this Fanbase nonsense would delay even slightly any real bid which was close to going through, they need their heads checking.
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I fail to see what NUSC have done wrong here. They were contacted by someone claiming to be interested in buying the club and met with them to see what they had to say. As they were given no details of the bid or future plans, they refused to offer an endorsement, and advised these Fanbase people not to go to the press until their bid was more concrete. Fanbase went to the press anyway and mentioned NUSC. How is any of this the fault of NUSC?
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Were you in the Beatles?
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Yes the younger better one's are always cheap. I'm sure the manager will be straight on to it. younger, better than Damien Duff though. Could be an u-18 from Gillingham. In 5 years time maybe. We can then sell him on for our new best deal ever. Shall I spell it out for you? Because it seems necessary. 1. We can't afford his wages. 2. He doesn't want to stay. Welcome to big school. Shall I spell it out for you? 1) If we carry on selling our best players - and yes, Duff was one of our best players - then we will be closer to relegation than to promotion. Mike Ashley CAN afford his wages, and he has no choice but to subsidise the club or he will lose even more. Do not expect me to be happy when we have saved Mike Ashley some money by weakening the team. 2) Every last one of our players would move to a Premier League club if offered. Shall we sell them all?
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Yes the younger better one's are always cheap. I'm sure the manager will be straight on to it. younger, better than Damien Duff though. Could be an u-18 from Gillingham. In 5 years time maybe. We can then sell him on for our new best deal ever.
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If Oba was too expensive for the Championship so was Duff. There is no counter argument. If you're happy to accept being in this division for a good few years, then you're right it was a good move. If you're hopeful of getting straight back into the Premiership, then I fail to see how this can be seen as a positive. If he is replaced at all it will not be by anyone half as good, so the team is weakened by this move. Aye, because all the other promotion-chasing sides have £70k-a-week wingers on their books, fffs. The only thing we have as an advantage in this division is our midfield. I agree, but I just don't think we need an hugely overpaid, underperforming, injury-prone player to aid our cause. We need good team players who are going to play 45 games. You think Burnley had a Damien Duff? Exactly. Can't believe that still even after relegation people haven't woken up... I woke up to the nightmare a long time ago thanks. Unless Ashley wants to put the club into administration and lose all his money, then he has no choice but to foot the bill for any overspend this season. As I support NUFC, not SJHL, I couldn't give a flying fuck what the wage bill is, I just want the team to have the best chance it can of getting back into the Premier league ASAP. As far as I'm concerned Ashley owes this club the drop in revenue from relegation due to his mistakes and negligence.
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All "we've" gained is a reduction in Ashley's losses for the coming season. The club has gained nothing. Yes the younger better one's are always cheap. I'm sure the manager will be straight on to it.
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We've sold another player, time to crank up the sale rumour mill and wheel out some more mysterious bidders to keep the plebs happy.
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If Oba was too expensive for the Championship so was Duff. There is no counter argument. If you're happy to accept being in this division for a good few years, then you're right it was a good move. If you're hopeful of getting straight back into the Premiership, then I fail to see how this can be seen as a positive. If he is replaced at all it will not be by anyone half as good, so the team is weakened by this move. Aye, because all the other promotion-chasing sides have £70k-a-week wingers on their books, fffs. The only thing we have as an advantage in this division is our midfield.
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I think it will have a similar benefit to the club.
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If Oba was too expensive for the Championship so was Duff. There is no counter argument. If you're happy to accept being in this division for a good few years, then you're right it was a good move. If you're hopeful of getting straight back into the Premiership, then I fail to see how this can be seen as a positive. If he is replaced at all it will not be by anyone half as good, so the team is weakened by this move.
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Nail in the coffin of any chance of promotion this year IMO
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Am going off the standard of football i've seen him produce over his career. Enrique and Taylor still have some way to go on that front. If Barton stays, he will be instrumental. Does this mean he won't open his fucking mouth?
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Aye, I can see that happening, not a bad guess Minhosa. Ashley said a long time back he'd be keen to bring in other investors to spread/share the risk. May well be what happens here now. I agree, been thinking for a while that while a takeover's not going to happen, it's a highly possible scenario that Moat could buy a stake in the club and be made the public face of the club's ownership.
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The rumours do everyone a favour - Moat - favour for a mate, profile++, seen as local hero Ashley - seen as trying to sell, stops any trouble until football starts, excuse for not appointing manager/buying players Harris - looks like he's done his part by finding loads of bidders Papers - sells papers Well, I should have said they do everyone a favour but the supporters that is.
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Pretty sure that's wrong and those numbers are from 06-07 and 05-06 respectively. just going off the telegraph http://www.telegraph.co.uk/sport/football/leagues/championship/newcastleunited/4322723/Newcastle-owner-Mike-Ashley-to-address-escalating-wage-bill.html They've got their numbers wrong, turnover in 07-08 was nearly £100m, which would make the ratio 62% not 70% if the wage bill was only £62.3m.