Pandamninator Posted May 17, 2020 Share Posted May 17, 2020 "This club had £100million-worth of debt which has now been cleared and it would be foolish to stretch it beyond its limits. I HATE this quote! I am right in saying that the most of the debt Ashley inherited was in relation to the level seven expansion, aren't I?! It was secured against 40K season ticket sales up until 2015 but needed to be paid within 30 days IF a sale of the Club went through! Thats right, the loan was secured against the stadium expansion and extra ST sales. Iirc that loan had to be paid up in full when the club was sold which is why Ashley had to fork out the extra money. This should have been highlighted in due diligence for Ashley to consider. If due diligence was ever carried out in full of course. Why Ashley couldn't remortgage I dunno and why he refused to use the overdraft facility Barclays said he could have I dont know either, he basically strangled NUFC of cash flow. Cheers mate! That £100m figure is used by all of the media and those lot down the road to declare how Ashley saved us as we were going to do a Leeds etc - utter shite! Yeah we got bashed over the head by it a few times, they totally ignored that the extra ST money was paying this off with mortgage payments, Ashley also refusing the Barclays overdraft facility seemed very odd as well. I suppose he had a business model that he worked to but for a football club it basically strangled finances, even with the extra TV revenue. Remember he was also happy to sell players to other clubs with payments stretched over a few seasons but for NUFC he insisted that any new players had to be bought out right in one payment. Guessing the Fat Mans logic is by he is able to charge a premium (as well as interest as Derek bragged about when talking about Liverpool being later for a Carroll payment) by selling a player and being paid over time. On the flip side he will be demanding a discount when he buys a player for paying cash up front. Link to post Share on other sites More sharing options...
Kanj Posted May 17, 2020 Share Posted May 17, 2020 His management of cash flow makes abs 0 sense when we accepted fees on sales over multiple years but paid everything outward up front. Link to post Share on other sites More sharing options...
Mikky Posted May 29, 2020 Share Posted May 29, 2020 https://www.facebook.com/TheMagpieChannel/videos/309758583348595/ KK I could listen to the bloke all day - nobody will ever compare to him (for the time being) Link to post Share on other sites More sharing options...
t00nraider Posted May 29, 2020 Share Posted May 29, 2020 His management of cash flow makes abs 0 sense when we accepted fees on sales over multiple years but paid everything outward up front. It does a little. Those clubs desperate for money willing to pay less if money up front and those willing to pay more, but unable, over a longer period of time It sounds good, but obviously paying more for a player to help keep us up or finish higher pays the difference off and more. Link to post Share on other sites More sharing options...
Guest chopey Posted May 29, 2020 Share Posted May 29, 2020 What the holy Fuck, its also a book, why am I just finding this now ? Link to post Share on other sites More sharing options...
NEEJ Posted May 29, 2020 Share Posted May 29, 2020 he's been crowdfunding it for ages. Link to post Share on other sites More sharing options...
Paully Posted July 16, 2020 Share Posted July 16, 2020 Link to post Share on other sites More sharing options...
joeyt Posted July 16, 2020 Share Posted July 16, 2020 Just watched that, class Link to post Share on other sites More sharing options...
LFEE Posted July 16, 2020 Share Posted July 16, 2020 Never tire of listening to KK. Feel for those who missed that period and only know of the last 13 years. Link to post Share on other sites More sharing options...
wormy Posted July 16, 2020 Share Posted July 16, 2020 That emotion. If/when a takeover finally happens this man needs to become a face of the club again. Link to post Share on other sites More sharing options...
NG32 Posted July 16, 2020 Share Posted July 16, 2020 Sky Sports were playing the Liverpool v Newcastle epic 4-3 game a few days ago, found myself fully pulled into and all the emotions back in the day came flooding back. That game was played at some pace from start to finish. Link to post Share on other sites More sharing options...
Superior Acuña Posted July 16, 2020 Share Posted July 16, 2020 Keegan would've become mayor if we were in America. Link to post Share on other sites More sharing options...
frankpingel Posted July 16, 2020 Share Posted July 16, 2020 Keegan would've become mayor if we were in America. Doesn't even have statue never mind a stand named in his honour. Very sad and I would suggest embarrassing given all he did for us. Link to post Share on other sites More sharing options...
Paully Posted August 19, 2020 Share Posted August 19, 2020 It anyone needs cheered up (or made to feel worse!) about the current NUFC then read this! Link to post Share on other sites More sharing options...
Guest neesy111 Posted August 19, 2020 Share Posted August 19, 2020 :'( Link to post Share on other sites More sharing options...
Guest reefatoon Posted August 19, 2020 Share Posted August 19, 2020 Utterly depressing. That is how the game of football should be judged. Dream big and aim high. Fuck I miss those days. Link to post Share on other sites More sharing options...
Carlito Posted August 19, 2020 Share Posted August 19, 2020 We were truly blessed to have Keegan at this club. Miss those days so much man. Link to post Share on other sites More sharing options...
Skeletor Posted August 19, 2020 Share Posted August 19, 2020 Thank you for my happy football childhood Kevin. Little did I know that that was our lot but those memories can never be taken away! Link to post Share on other sites More sharing options...
Bimpy474 Posted August 19, 2020 Share Posted August 19, 2020 Argh it's so frustrating, what our club could be to what the fat shit is making it be Link to post Share on other sites More sharing options...
Collage Posted August 23, 2020 Share Posted August 23, 2020 Utterly depressing. That is how the game of football should be judged. Dream big and aim high. Fuck I miss those days. It’s what it’s all about, what he’s all about. Link to post Share on other sites More sharing options...
Guest reefatoon Posted August 23, 2020 Share Posted August 23, 2020 Utterly depressing. That is how the game of football should be judged. Dream big and aim high. f*** I miss those days. It’s what it’s all about, what he’s all about. It’s why I get no enjoyment out of football now. So many teams just play to “not get beat” which results in negative, boring one sided football matches, where one of the superior teams just try to break down a 10 man defence. Keegan was never scared of the opposition, and only ever concentrated on how his team were going to win. Such an exciting time it was. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted August 23, 2020 Share Posted August 23, 2020 Ah Keegan man Link to post Share on other sites More sharing options...
geordie john Posted August 23, 2020 Share Posted August 23, 2020 What is there to say about the man God? That he gave me the most exciting time I've had in my life? Watching his teams was simply the best. He will forever be special. He knew exactly what we wanted and craved for, and delivered it in bucket loads. It would have been the icing on the cake to have won the league, but, you know, missing out on that has not dimmed the glory he gave our club, our fans, the city. ...and look at what we have now.... Link to post Share on other sites More sharing options...
Happinesstan Posted August 23, 2020 Share Posted August 23, 2020 What is there to say about the man God? That he gave me the most exciting time I've had in my life? Watching his teams was simply the best. He will forever be special. He knew exactly what we wanted and craved for, and delivered it in bucket loads. It would have been the icing on the cake to have won the league, but, you know, missing out on that has not dimmed the glory he gave our club, our fans, the city. ...and look at what we have now.... Couldn't agree more. If somebody offered me a league title but that time would have never existed, I'd say no thanks. Link to post Share on other sites More sharing options...
geordie john Posted August 23, 2020 Share Posted August 23, 2020 What is there to say about the man God? That he gave me the most exciting time I've had in my life? Watching his teams was simply the best. He will forever be special. He knew exactly what we wanted and craved for, and delivered it in bucket loads. It would have been the icing on the cake to have won the league, but, you know, missing out on that has not dimmed the glory he gave our club, our fans, the city. ...and look at what we have now.... Couldn't agree more. If somebody offered me a league title but that time would have never existed, I'd say no thanks. I'm with you 100%. I wouldn't swap a single thing. Winning the title with Rafa (who I could also get emotional about) would not have been the same. Those few years, man they were simply the best. Link to post Share on other sites More sharing options...
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