Wilky Posted October 19, 2009 Share Posted October 19, 2009 If Barry can't afford 80 Mil? up front I think he can't afford to have this club..... It is really low price for this football club..... It's not really. Even at £80million, NUFC as it stands is very much overpriced at that figure. I mean, what are our assets that make us worth that much? The playing squad certainly isn't - the training ground is probs worth a few quid and the club don't own St James Park, so it cannot be called an asset. If Ashley keeps on fannying about, doesn't invest in January and we don't get promoted - what are we going to be worth then? The club do own SJP; the council own the land and NUFC pay a peppercorn ground rent which will be peanuts. This is not uncommon for city centre property and land of strategic importance. If anything that situation is to our advantage at the moment; whilst it all depends on the lease terms I can't imagine the council did not retain some interest in planning and development (e.g. Ashley could not knock it down and build something else). Whilst this has to be considered within any valuation, for example you couldn't value the land as office/resi/retail because of the restriction in use; you certainly could take into account its existing use value (i.e. a football ground) - which most certainly is an asset I guess the best way to explain it is, take for example flats. Unless you own the entire building; you cannot purchase the freehold of a flat - known as a flying freehold. (well you can hold a commonhold but its relatively new and not taken off yet) Flats are typically bought on long leaseholds with peppercorn rents hidden within service charges usually. It doesn't mean it is not an asset that can be sold on. Link to post Share on other sites More sharing options...
Wallace Posted October 19, 2009 Share Posted October 19, 2009 I would be surprised if we get promoted if Ashley stays as I cannot believe he will spend the necessary money to do so. If we don't get promoted this season, then the remaining decent players will be off and some poorer ones brought in and then it will be a case of rebuilding from scratch. Promotion the following season would be even more unlikely. His latest comments imply that he has learnt nothing from the past 2 years and is prepared to make the same mistakes all over again thinking that his luck is bound to change at some point. If we then have to go through this farce again next Summer - promoted or not - it will be probably end up in the same way but we will be in an even worse state than we are today. With regards to the £80m cash up front - we don't really know if that is the true amount. He may just want that much up front and the balance paid off at a later date, extra payments if promoted and what about the "loan" from Ashley. At the beginning of this saga, it was implied that it was £100m, and he would write off all the debts and then it gradually appeared that was not the case but then again, we still really don't know what the true price of the club is. Has Moat got the money? Who knows? I have no idea of his finances. Journalists may infer he does not have the money but how do they know? Surely all of that information is confidential anyway. He has never spoken in public about his offer. Maybe it is all a game of brinkmanship on his part. Maybe he believes the club is seriously overpriced. We have not seen the books so we don't know what state it is in. Ashley's latest comments make it appear that he has done his best and all he wants is £80m up front and that it is his misfortune that everyone is messing him around and no-one has met his price. I suspect that as always with Ashley, the truth is much complicated than that. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted October 19, 2009 Share Posted October 19, 2009 ha ha, i don't think its the results that have lowered the "value" of the club - more like it was overpriced in the first plac,e and that fat c*** has pocketed £25m since our relegation in player sales, decreasing the alleged nett worth of the club. Beggars belief that people can still come out with that crap like. Link to post Share on other sites More sharing options...
NG32 Posted October 19, 2009 Share Posted October 19, 2009 Piss off Mike Ashley. Link to post Share on other sites More sharing options...
Guest itsTosh Posted October 19, 2009 Share Posted October 19, 2009 When do we get our Milner money? You don't - he does. Link to post Share on other sites More sharing options...
Happy Face Posted October 19, 2009 Share Posted October 19, 2009 Another batch of quotes from Mike Ashley appeared over the weekend. Once again they're embarrasing half truths and misrepresentations the club would call 'public relations' but the rest of us call 'horseshit'. First of all he said: “Barry Moat has been driving me mad for two years. If he wants to buy the club, he’s got a one-off opportunity to come up with the cash — £80m upfront.” This has led to a rush of headlines across the sporting media: "Mike Ashley cuts price of Newcastle United" - The Times "Ashley reduces asking price" - Sky Sports "Ashley puts £80m price on Newcastle" - The Independent I'm sure i'm not the only one that will be questioning the leap of logic in these reports. Mike Ashley has said he wants £80m up-front. Not £80m. There is no doubt in my mind his asking price includes future payments. The portrayal from todays press of Ashley as a man willing to haggle down to a more realistic price gives him undue credit. He went on: “I have to put £20m a year into the club — I spend more than every other fan put together puts into the club each year. If you can’t pay upfront to buy the club, you can’t afford it.” We'll have to wait a few more months for the accounts to be released to see if there's any truth in the £20m every year claim. The last set of accounts did say £20m was pumped in during his first season. It came in the form of a loan, which is STILL outstanding to be repaid to him. I don't think I'm due back any of the money I've ploughed into the club. More importantly, it's an outright lie that it's more than the fans "put together" (I refuse to say "other fans" like Mike has presumed to). Before you get into pies and pints and strips (3 new this season) and stadium tours and cup games and a host of other ways we invest, just on match tickets alone we're only slightly short of overshadowing his yearly 'investment'. Our average attendance is 40,801 at the moment. Estimating conservatively at an average of £20 a ticket over 23 games, that's over £18.75million of income per season. Strange also that he derides buyers who "can't afford it". This is the man who has reiterated with every public utterance since he arrived the financial cost of taking on the club. He's constantly moaned about the level of investment required, he's already taken it down to a championship level of investment and seems to be determined to go further (see below) and he has the gall to complain that it's other people that can't afford it. If anyone can't afford this club, it's demonstrably Mike Ashley. The most frightening thing about Ashley's delusion though is how it is going to go on hurting the club. In one breath he says: "I never said I was an expert in football clubs. I tried my best. But I accept my best was woefully short." And with the next: "if I keep the club I will have the final say on players." A self confessed dunce when it comes to football matters, who's shown over two years that all he can do is take us on a downward spiral, is still insisting he's the one to identify which players we need. Get out of our club Get out of our club You fat cockney bastard Get out of our club Link to post Share on other sites More sharing options...
J7 Posted October 19, 2009 Share Posted October 19, 2009 The fat cunt never intended to sell, which is why he's attatched unrealistic prices on the club for the past 13 months. Hes a self confessed lier and has admitted only saying things for publicity. His ridiculous statements every 6 months are just fuckin annoying and every time he makes them he shows a total lack of understanding which makes him look idiotic. Even the January transfer window was a farce where the club made two riudiculous bids that they knew would never come off. Keep the fans sweet so it looks like where trying. Knew it at the time and know it now. the longer he stays the worse it will get. Link to post Share on other sites More sharing options...
johnnypd Posted October 19, 2009 Share Posted October 19, 2009 So the Nolan quotes were in the Journal this morning, apparently hughton and the squad have been asking for strengthening and it has, to use Nolan's phrase, "fallen on deaf ears." Link to post Share on other sites More sharing options...
Happy Face Posted October 19, 2009 Share Posted October 19, 2009 Aren't the options in the poll rather loaded? Link to post Share on other sites More sharing options...
relámpago blanco Posted October 19, 2009 Share Posted October 19, 2009 Aren't the options in the poll rather loaded? Don't think it matters what we want, we ain't gonna get it. More chance of Dave winning a header against Jan Koller than the club being sold. Link to post Share on other sites More sharing options...
NG32 Posted October 19, 2009 Share Posted October 19, 2009 Piss off Ashley Link to post Share on other sites More sharing options...
Dave Posted October 19, 2009 Share Posted October 19, 2009 Aren't the options in the poll rather loaded? Don't think it matters what we want, we ain't gonna get it. More chance of Dave winning a header against Jan Koller than the club being sold. Link to post Share on other sites More sharing options...
Wallace Posted October 19, 2009 Share Posted October 19, 2009 http://www.mirrorfootball.co.uk/opinion/columnists/simon-bird/Once-again-Mike-Ashley-s-numbers-just-don-t-add-up-article194037.html Once again Mike Ashley's numbers just don't add up By Simon Bird Published 13:13 19/10/09 . Well done Mike Ashley. You give an interview amounting to a few lines of quotes, and still you managed to offend Newcastle United fans! Ashley spoke this weekend to the Sunday Times Business section, and the gist was that Barry Moat needs to cough up £80million by the end of the week to buy the club, or it’s off the market. We’ve heard all that many times before during this tedious takeover saga. But Ashley took time to rather bitterly point out: “I have to put £20m a year into the club - I spend more than every other fan put together puts into the club each year. Well, let’s look at that boast in detail.... because as with most statements from this discredited regime, it doesn’t stand up to a simple fact test. Newcastle’s last published accounts (I assume Ashley has read them, although you never know, maybe not) says "matchday income" from ticket sales and corporate fans brought in £32million. That’s right, £32million pumped in from fans who it appears are having their loyalty questioned by Ashley. And then there’s the £27 million of "commercial income", a sizeable chunk of which included shirt sales... purchased by fans out of their own pockets. So Ashley is only a few tens of millions out in his figures. With that sort of grasp for detail, no wonder Newcastle have been in such a mess since he took over. Perhaps it is another one of those lies that the club tells as a "public relations exercise" and exposed by Kevin Keegan’s recent tribunal against Ashley. Link to post Share on other sites More sharing options...
Keefaz Posted October 19, 2009 Share Posted October 19, 2009 I don't care. I just want him to go away. Link to post Share on other sites More sharing options...
Nicky Posted October 19, 2009 Share Posted October 19, 2009 Just about to post that. Been quite a few good articles by Simon "you're a cunt" Bird recently Link to post Share on other sites More sharing options...
johnnypd Posted October 19, 2009 Share Posted October 19, 2009 http://www.mirrorfootball.co.uk/opinion/columnists/simon-bird/Once-again-Mike-Ashley-s-numbers-just-don-t-add-up-article194037.html Once again Mike Ashley's numbers just don't add up By Simon Bird Published 13:13 19/10/09 . Well done Mike Ashley. You give an interview amounting to a few lines of quotes, and still you managed to offend Newcastle United fans! Ashley spoke this weekend to the Sunday Times Business section, and the gist was that Barry Moat needs to cough up £80million by the end of the week to buy the club, or it’s off the market. We’ve heard all that many times before during this tedious takeover saga. But Ashley took time to rather bitterly point out: “I have to put £20m a year into the club - I spend more than every other fan put together puts into the club each year. Well, let’s look at that boast in detail.... because as with most statements from this discredited regime, it doesn’t stand up to a simple fact test. Newcastle’s last published accounts (I assume Ashley has read them, although you never know, maybe not) says "matchday income" from ticket sales and corporate fans brought in £32million. That’s right, £32million pumped in from fans who it appears are having their loyalty questioned by Ashley. And then there’s the £27 million of "commercial income", a sizeable chunk of which included shirt sales... purchased by fans out of their own pockets. So Ashley is only a few tens of millions out in his figures. With that sort of grasp for detail, no wonder Newcastle have been in such a mess since he took over. Perhaps it is another one of those lies that the club tells as a "public relations exercise" and exposed by Kevin Keegan’s recent tribunal against Ashley. you can add a large chunk of the TV money to that as it is ultimately coming from fans forking out for sky sports packages. Link to post Share on other sites More sharing options...
ohmelads Posted October 19, 2009 Share Posted October 19, 2009 the longer he stays the worse it will get. With every transfer window that passes while Ashley is in charge, another opportunity to rebuild this mess disappears. With every month that passes, another opportunity to install a manager and identify the players we need to keep and those we need to move on disappears. This man and those he has put in charge (his mates Mort and Llambias thus far) have made a horrible mess. But it is not beyond repair. If we don't go up this season though, the repair job becomes massive because all of our decent and half-decent players will leave, and so too will a growing number of utterly disillusioned fans. If we don't get promoted this season it could take years - the stakes are massive. The January window is a huge opportunity for us - if we're in contention for promotion by then we could attract young and promising players with the promise of promotion. With Ashley at the helm - nothing will happen and more players may be sold. It is vital he is gone by then but the only way I see him selling up is if a poor run of results sends us down the table. Link to post Share on other sites More sharing options...
Mowen Posted October 19, 2009 Share Posted October 19, 2009 Just about to post that. Been quite a few good articles by Simon "you're a cunt" Bird recently The critics of the Ashley regime have been cropping up more and more of late. They're very late on the bandwagon but the media always are in football. Link to post Share on other sites More sharing options...
High Five o Posted October 19, 2009 Share Posted October 19, 2009 I envy the people on this board who still belive we will be sold this year. So far we have Moat who looks serious, but it just not moving forward. Sherd or whatever, never trusted that man, havent heard a good word about him from anyone, except Silliman Soddus and his deadline galore. Then a dirty dozen of fabricated stories from Ashleys PR dept, who by the way have won alot of major prizes for business excellent.... NOT! Ill just give up... Link to post Share on other sites More sharing options...
NG32 Posted October 19, 2009 Share Posted October 19, 2009 the longer he stays the worse it will get. With every transfer window that passes while Ashley is in charge, another opportunity to rebuild this mess disappears. With every month that passes, another opportunity to install a manager and identify the players we need to keep and those we need to move on disappears. This man and those he has put in charge (his mates Mort and Llambias thus far) have made a horrible mess. But it is not beyond repair. If we don't go up this season though, the repair job becomes massive because all of our decent and half-decent players will leave, and so too will a growing number of utterly disillusioned fans. If we don't get promoted this season it could take years - the stakes are massive. The January window is a huge opportunity for us - if we're in contention for promotion by then we could attract young and promising players with the promise of promotion. With Ashley at the helm - nothing will happen and more players may be sold. It is vital he is gone by then but the only way I see him selling up is if a poor run of results sends us down the table. OML, We al know it, but dickhead doesn't or wont. He is gambling again on the club getting promoted with whats it got. Without a proper manager installed I think we'll start to slip up. This will scrape off even more money from his investment. Link to post Share on other sites More sharing options...
Guest ToonBart Posted October 19, 2009 Share Posted October 19, 2009 Just about to post that. Been quite a few good articles by Simon "you're a c***" Bird recently The critics of the Ashley regime have been cropping up more and more of late. They're very late on the bandwagon but the media always are in football. Apart from the local rags who should be ashamed of their silence Link to post Share on other sites More sharing options...
Guest sicko2ndbest Posted October 19, 2009 Share Posted October 19, 2009 After the kk findings the chron/journal should have had open season on ashleys regime. They never get any good scoops anyway so what are they fearful of. Ryder and co are gutless Link to post Share on other sites More sharing options...
NG32 Posted October 19, 2009 Share Posted October 19, 2009 After the kk findings the chron/journal should have had open season on ashleys regime. They never get any good scoops anyway so what are they fearful of. Ryder and co are gutless Yup, they should be going for them hell for leather. But sadly they wont. Crazy headlines like "destroying our club" Get some pressure on the fat stinker. Link to post Share on other sites More sharing options...
jdckelly Posted October 19, 2009 Share Posted October 19, 2009 After the kk findings the chron/journal should have had open season on ashleys regime. They never get any good scoops anyway so what are they fearful of. Ryder and co are gutless ashley obviously doesn't like the local press as seen by giving interviews to the sunday times not once but twice to discuss newcastle, something ryder seemed pissed off about in his last blog Link to post Share on other sites More sharing options...
TheGuv Posted October 19, 2009 Share Posted October 19, 2009 After the kk findings the chron/journal should have had open season on ashleys regime. They never get any good scoops anyway so what are they fearful of. Ryder and co are gutless ashley obviously doesn't like the local press as seen by giving interviews to the sunday times not once but twice to discuss newcastle, something ryder seemed pissed off about in his last blog Because he is a f****n cockney c**t Link to post Share on other sites More sharing options...
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