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Is Mike Ashley the worst person ever to have been associated with NUFC?


AlanSkÃrare

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I bet the scousers are in tears, "Oh no, we're trying to win things! We've bought another player! The balance sheeeeeetttt!"

I'll certainly be gloating in the stands when Suarez scores against us, waving my little calculator and singing songs about how I have reservations over if their champions league Tv money will adequately cover their wages.  Can't wait to see their faces.

 

They'll be in tears in a few years time if it all backfires. If they don't make Champions League they'll start selling to buy next season (and they can afford to use all of their transfer funds, because the revenue they bring in is far greater than us)

 

Actually they won't because they have been able to reinvest through sales (Carroll cost them noubt remember) and there board seem happy to fund some of their signings as they know that Europe will pay for them through TV and other revenue. Add to that the new rules from UEFA and any outgoings in terms of debt will either be written off and done in such a way the club will have no problems. It doesn't have to be as simple as sell all to stop change your clubs funds you know ?

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Comparing us to Chelsea, Man City, Man Utd & Liverpool? Really?

 

No, can't you read your own posts ? You said clubs like Liverpool heading for economical chaos if they don't win anything. I said people have been saying that about Chelsea, Man City and Man Utd for years yet they are doing fine.

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I for one welcome the sustainable business model that Mike Ashley has implemented. It's practical and through some increased revenues through extra sponsorship around the stadium (Sports Direct) and a few sales, our finances are eventually looking good.

 

I'm glad that he doesn't spunk stupid money on players like other clubs do, you have to make sure you get value for money and we weren't able to do that. Hopefully in January it will be different.

 

Far too many clubs (Leeds, Portsmouth) have spent above their means and look where they are now. Well done Mike, I for one appreciate you.

 

Cracking news we get to spend years living within our means not looking for Europe or trophies as that might mean we have to spend some cash. But hey what does trying to win things mean when Ashley can be in profit WAHOOOOOOO

 

Some people have to accept that we're a mid-table club - which is actually quite good considering our position (you know, newly promoted etc)

 

Sorry if I'd rather accept that we finished mid table last year, got rid of dead wood and could have actually improved the squad with the funds that were made available due to the sale of key players. It's how a club should progress by improving each year. I'm not expecting us to be fighting for Europe this year but I am expecting the club to try and improve the squad to eventually get there, not sit round looking for profit.

 

We did improve the squad though?

 

No we didn't, we improved some of the positions in the first team 11. If we improved the squad we wouldn't be struggling for a  striker despite needing one for 8 months. We wouldn't be one of the only clubs I know who don't have a recognised replacement to come in at centre back. We also weakened some of the first team such as left back and upfront with the sales of enrique and Carroll.

 

Santon will turn out better than Enrique in time, trust me.

 

Steven Taylor is in career best form, so is Tim Krul and Colo has been amazing. Our midfield is better than it was last year, and midfield is where most games are won and lost. You guys will eat your words when we finish top half this season.

 

I said the same to a Sunderland fan who told me that Wickham will be great in the future. We need someone now. If he isn't going to be able to cope in the PL straight away then we're screwed down the left. You appear to fail to even mention the worries of one of Taylor or Colo getting suspended or injured. Hell what happens if they both are missing, it's happened before. If you lose your only two centre backs and are left with the back 4 of Santon, r Taylor, Perch and Simpson we're going down simple as that. Defend from the midfield all you want but we will concede bucket loads and that is the fault of the two at the top.

 

Unlike Wickham, Santon is actually ready to play PL now though. It's not as if the guy has played 7 times for Italy and 50 times or so for Inter  :rolleyes:

 

All I was saying is that he'll get better and better, eventually reaching a level that is better than Enrique.

 

If Taylor or Colo gets injured we're f***ed, but let's just hope it doesn't happen.

 

Am I not right in thinking that was all before Jose left Inter, since then he's been left to play on loan and people in Italy aren't as impressed as they once were ? Yes he may come good but who knows.

 

But after these past two windows we shouldn't be in the position where we have to hope it doesn't happen. We've made huge profits. I won't cheer about huge profits when the first team squad needs huge investment.

 

When a company has more than £100 mill in debt,  it's not successfull in my eyes. For once we managed to get more money in than out, but it's the decade with overspending without results on the pitch that we're now paying for..

 

A debt which is still at such a peak because of Ashley though

 

Is that really relevant? A debt is a debt, it needs to be repaid. The club has to be very careful for the next few years - anyone that actually spent we would spent the majority of the Carroll money was in cuckoo land.

 

Exactly! The club has to take incremantal steps towards recovery. I do not want us to be like Liverpool. They're going "all in" as we speak. Imagine the economical chaos if they don't win anything.

 

People have said the same about Chelsea, and Man City and Man Utd yet them seem to all be doing fine and have been for a while now. I'm not and most people are not asking to go all in just spend some of the money say £13m on a striker and a loan defender and we would have been covered and still made a huge profit. Ashley has no intention of progressing the club, i said it from day one when he took over. His intentions are to make himself lots of money he really doesn't care if we fight relegation each year, and once the club is able to support himself he would;nt care about another season in the championship either as the club could still run a profit off parachute payments.

 

Cannot compare us with those clubs. ManC and Chelsea are supported by owners that have A LOT more money than Ashley. Abrahimovich is approxemately 10 times richer than MA.  Chelsea was in an economical shit storm too when he bought them in 2003. The difference is that he had the funds to literally buy them out of an economical disaster. Those clubs are not earning money, in fact they're totally dependent on a steady influx of owner capital. In 2009/2010 Chelsea's had a deficit of £70 millions (!!). As long as we're not supported by a super duper rich owner, MA's strategy is the only way to success I'm afraid. And whats' the fun of supporting MAnC? They bying silverware.

 

And it's well proven fact that MA, unlike Fat Fred, has never taken a dime from the club. It's the other way around.

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I bet the scousers are in tears, "Oh no, we're trying to win things! We've bought another player! The balance sheeeeeetttt!"

I'll certainly be gloating in the stands when Suarez scores against us, waving my little calculator and singing songs about how I have reservations over if their champions league Tv money will adequately cover their wages.  Can't wait to see their faces.

 

They'll be in tears in a few years time if it all backfires. If they don't make Champions League they'll start selling to buy next season (and they can afford to use all of their transfer funds, because the revenue they bring in is far greater than us)

 

Actually they won't because they have been able to reinvest through sales (Carroll cost them noubt remember) and there board seem happy to fund some of their signings as they know that Europe will pay for them through TV and other revenue. Add to that the new rules from UEFA and any outgoings in terms of debt will either be written off and done in such a way the club will have no problems. It doesn't have to be as simple as sell all to stop change your clubs funds you know ?

 

Their spending spree stops now - to suggest that they're going to continue on with the same level of spending is wrong. Money runs out eventually.

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And even if I did compare us, then why not ? Clubs with either loans which have helped them spend small fortunes to get where they are, or financed by billionaire owners like our own. As I said before, there are other ways to support a club who is making a loss rather than simply selling all players and refusing to spend money. That's why those clubs are fighting to win stuff and we're still talked about with relegation.

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I for one welcome the sustainable business model that Mike Ashley has implemented. It's practical and through some increased revenues through extra sponsorship around the stadium (Sports Direct) and a few sales, our finances are eventually looking good.

 

I'm glad that he doesn't spunk stupid money on players like other clubs do, you have to make sure you get value for money and we weren't able to do that. Hopefully in January it will be different.

 

Far too many clubs (Leeds, Portsmouth) have spent above their means and look where they are now. Well done Mike, I for one appreciate you.

 

Cracking news we get to spend years living within our means not looking for Europe or trophies as that might mean we have to spend some cash. But hey what does trying to win things mean when Ashley can be in profit WAHOOOOOOO

 

Some people have to accept that we're a mid-table club - which is actually quite good considering our position (you know, newly promoted etc)

 

Sorry if I'd rather accept that we finished mid table last year, got rid of dead wood and could have actually improved the squad with the funds that were made available due to the sale of key players. It's how a club should progress by improving each year. I'm not expecting us to be fighting for Europe this year but I am expecting the club to try and improve the squad to eventually get there, not sit round looking for profit.

 

We did improve the squad though?

 

No we didn't, we improved some of the positions in the first team 11. If we improved the squad we wouldn't be struggling for a  striker despite needing one for 8 months. We wouldn't be one of the only clubs I know who don't have a recognised replacement to come in at centre back. We also weakened some of the first team such as left back and upfront with the sales of enrique and Carroll.

 

Santon will turn out better than Enrique in time, trust me.

 

Steven Taylor is in career best form, so is Tim Krul and Colo has been amazing. Our midfield is better than it was last year, and midfield is where most games are won and lost. You guys will eat your words when we finish top half this season.

 

I said the same to a Sunderland fan who told me that Wickham will be great in the future. We need someone now. If he isn't going to be able to cope in the PL straight away then we're screwed down the left. You appear to fail to even mention the worries of one of Taylor or Colo getting suspended or injured. Hell what happens if they both are missing, it's happened before. If you lose your only two centre backs and are left with the back 4 of Santon, r Taylor, Perch and Simpson we're going down simple as that. Defend from the midfield all you want but we will concede bucket loads and that is the fault of the two at the top.

 

Unlike Wickham, Santon is actually ready to play PL now though. It's not as if the guy has played 7 times for Italy and 50 times or so for Inter  :rolleyes:

 

All I was saying is that he'll get better and better, eventually reaching a level that is better than Enrique.

 

If Taylor or Colo gets injured we're f***ed, but let's just hope it doesn't happen.

 

Am I not right in thinking that was all before Jose left Inter, since then he's been left to play on loan and people in Italy aren't as impressed as they once were ? Yes he may come good but who knows.

 

But after these past two windows we shouldn't be in the position where we have to hope it doesn't happen. We've made huge profits. I won't cheer about huge profits when the first team squad needs huge investment.

 

When a company has more than £100 mill in debt,  it's not successfull in my eyes. For once we managed to get more money in than out, but it's the decade with overspending without results on the pitch that we're now paying for..

 

A debt which is still at such a peak because of Ashley though

 

Is that really relevant? A debt is a debt, it needs to be repaid. The club has to be very careful for the next few years - anyone that actually spent we would spent the majority of the Carroll money was in cuckoo land.

 

Exactly! The club has to take incremantal steps towards recovery. I do not want us to be like Liverpool. They're going "all in" as we speak. Imagine the economical chaos if they don't win anything.

 

People have said the same about Chelsea, and Man City and Man Utd yet them seem to all be doing fine and have been for a while now. I'm not and most people are not asking to go all in just spend some of the money say £13m on a striker and a loan defender and we would have been covered and still made a huge profit. Ashley has no intention of progressing the club, i said it from day one when he took over. His intentions are to make himself lots of money he really doesn't care if we fight relegation each year, and once the club is able to support himself he would;nt care about another season in the championship either as the club could still run a profit off parachute payments.

 

Cannot compare us with those clubs. ManC and Chelsea are supported by owners that have A LOT more money than Ashley. Abrahimovich is approxemately 10 times richer than MA.  Chelsea was in an economical s*** storm too when he bought them in 2003. The difference is that he had the funds to literally buy them out of an economical disaster. Those clubs are not earning money, in fact they're totally dependent on a steady influx of owner capital. In 2009/2010 Chelsea's had a deficit of £70 millions (!!).

 

And it's well proven fact that MA, unlike Fat Fred, has never taken a dime from the club. It's the other way around.

 

The club was capable of making large purchases and still staying solvent under FS, he would usually have spates where we didn't spend much one season but then the next we were back after changing funding or reducing wages. And I didn't compare, another who can't read.

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Their spending spree stops now - to suggest that they're going to continue on with the same level of spending is wrong. Money runs out eventually.

 

And yet I and most people are not asking for a spending spree simply to reduce this years profits possibly in half so that we could buy the players the squad needs. The other way to do this was to not sell so many players then we would have been doing what most sensible clubs do which is build upon what we have.

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And even if I did compare us, then why not ? Clubs with either loans which have helped them spend small fortunes to get where they are, or financed by billionaire owners like our own. As I said before, there are other ways to support a club who is making a loss rather than simply selling all players and refusing to spend money. That's why those clubs are fighting to win stuff and we're still talked about with relegation.

 

Our owner is different to their owners. Fucking deal with it and get on with things, that's the case, everybody should know that's the fucking case, so why the fuck do people still complain about it?

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And even if I did compare us, then why not ? Clubs with either loans which have helped them spend small fortunes to get where they are, or financed by billionaire owners like our own. As I said before, there are other ways to support a club who is making a loss rather than simply selling all players and refusing to spend money. That's why those clubs are fighting to win stuff and we're still talked about with relegation.

 

Our owner is different to their owners. f***ing deal with it and get on with things, that's the case, everybody should know that's the f***ing case, so why the f*** do people still complain about it?

 

We're not complaining about that for f***s sake, we're complaining the club is trying to rake in huge profits rather than progressing the squad, it's people like yourself who are arguing the club are doing a great job as the accounts are cracking. Frankly I couldn't give a fuck about the accounts I care about the club and it becoming better.

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And even if I did compare us, then why not ? Clubs with either loans which have helped them spend small fortunes to get where they are, or financed by billionaire owners like our own. As I said before, there are other ways to support a club who is making a loss rather than simply selling all players and refusing to spend money. That's why those clubs are fighting to win stuff and we're still talked about with relegation.

 

Our owner is different to their owners. f***ing deal with it and get on with things, that's the case, everybody should know that's the f***ing case, so why the f*** do people still complain about it?

 

Yay we turned a profit ! yay !

 

Toon toon money in the bank army !

Toon toon money in the bank army !

Toon toon money in the bank army !

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I for one welcome the sustainable business model that Mike Ashley has implemented. It's practical and through some increased revenues through extra sponsorship around the stadium (Sports Direct) and a few sales, our finances are eventually looking good.

 

I'm glad that he doesn't spunk stupid money on players like other clubs do, you have to make sure you get value for money and we weren't able to do that. Hopefully in January it will be different.

 

Far too many clubs (Leeds, Portsmouth) have spent above their means and look where they are now. Well done Mike, I for one appreciate you.

 

Cracking news we get to spend years living within our means not looking for Europe or trophies as that might mean we have to spend some cash. But hey what does trying to win things mean when Ashley can be in profit WAHOOOOOOO

 

Some people have to accept that we're a mid-table club - which is actually quite good considering our position (you know, newly promoted etc)

 

Sorry if I'd rather accept that we finished mid table last year, got rid of dead wood and could have actually improved the squad with the funds that were made available due to the sale of key players. It's how a club should progress by improving each year. I'm not expecting us to be fighting for Europe this year but I am expecting the club to try and improve the squad to eventually get there, not sit round looking for profit.

 

We did improve the squad though?

 

No we didn't, we improved some of the positions in the first team 11. If we improved the squad we wouldn't be struggling for a  striker despite needing one for 8 months. We wouldn't be one of the only clubs I know who don't have a recognised replacement to come in at centre back. We also weakened some of the first team such as left back and upfront with the sales of enrique and Carroll.

 

Santon will turn out better than Enrique in time, trust me.

 

Steven Taylor is in career best form, so is Tim Krul and Colo has been amazing. Our midfield is better than it was last year, and midfield is where most games are won and lost. You guys will eat your words when we finish top half this season.

 

I said the same to a Sunderland fan who told me that Wickham will be great in the future. We need someone now. If he isn't going to be able to cope in the PL straight away then we're screwed down the left. You appear to fail to even mention the worries of one of Taylor or Colo getting suspended or injured. Hell what happens if they both are missing, it's happened before. If you lose your only two centre backs and are left with the back 4 of Santon, r Taylor, Perch and Simpson we're going down simple as that. Defend from the midfield all you want but we will concede bucket loads and that is the fault of the two at the top.

 

Unlike Wickham, Santon is actually ready to play PL now though. It's not as if the guy has played 7 times for Italy and 50 times or so for Inter  :rolleyes:

 

All I was saying is that he'll get better and better, eventually reaching a level that is better than Enrique.

 

If Taylor or Colo gets injured we're f***ed, but let's just hope it doesn't happen.

 

Am I not right in thinking that was all before Jose left Inter, since then he's been left to play on loan and people in Italy aren't as impressed as they once were ? Yes he may come good but who knows.

 

But after these past two windows we shouldn't be in the position where we have to hope it doesn't happen. We've made huge profits. I won't cheer about huge profits when the first team squad needs huge investment.

 

When a company has more than £100 mill in debt,  it's not successfull in my eyes. For once we managed to get more money in than out, but it's the decade with overspending without results on the pitch that we're now paying for..

 

A debt which is still at such a peak because of Ashley though

 

Is that really relevant? A debt is a debt, it needs to be repaid. The club has to be very careful for the next few years - anyone that actually spent we would spent the majority of the Carroll money was in cuckoo land.

 

Exactly! The club has to take incremantal steps towards recovery. I do not want us to be like Liverpool. They're going "all in" as we speak. Imagine the economical chaos if they don't win anything.

 

People have said the same about Chelsea, and Man City and Man Utd yet them seem to all be doing fine and have been for a while now. I'm not and most people are not asking to go all in just spend some of the money say £13m on a striker and a loan defender and we would have been covered and still made a huge profit. Ashley has no intention of progressing the club, i said it from day one when he took over. His intentions are to make himself lots of money he really doesn't care if we fight relegation each year, and once the club is able to support himself he would;nt care about another season in the championship either as the club could still run a profit off parachute payments.

 

Cannot compare us with those clubs. ManC and Chelsea are supported by owners that have A LOT more money than Ashley. Abrahimovich is approxemately 10 times richer than MA.  Chelsea was in an economical s*** storm too when he bought them in 2003. The difference is that he had the funds to literally buy them out of an economical disaster. Those clubs are not earning money, in fact they're totally dependent on a steady influx of owner capital. In 2009/2010 Chelsea's had a deficit of £70 millions (!!).

 

And it's well proven fact that MA, unlike Fat Fred, has never taken a dime from the club. It's the other way around.

 

The club was capable of making large purchases and still staying solvent under FS, he would usually have spates where we didn't spend much one season but then the next we were back after changing funding or reducing wages. And I didn't compare, another who can't read.

 

FS almost bankrupted the club..Thank god MA didn't check the books proparly before he bought it. If he did, he would never have touchd us.  This is an interesting article about NUFC finances from an esteemed blogger:

 

http://swissramble.blogspot.com/2010/12/newcastle-uniteds-finances-in-black-and.html

 

 

The aricle is quite clear in its conclusions..FS mismanaged the clu.

 

 

 

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But we're not making a profit you f***ing idiots.

 

Yes we are, we may have made past losses but  that doesn't change the fact that this year our balance sheet will show a profit, last season will probably show as break even. We still have a debt yes but this was a debt that can easily be paid back a little at a time without cocking up the whole squad.

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FS almost bankrupted the club..Thank god MA didn't check the books proparly before he bought it. If he did, he would never have touchd us.  This is an interesting article about NUFC finances from an esteemed blogger:

 

http://swissramble.blogspot.com/2010/12/newcastle-uniteds-finances-in-black-and.html

 

 

I've read it before, the club were in a bad way but could have turned it round by reducing purchases and getting rid of a few players like we had in the past. We broke the bank to get Owen and that was a mistake. That doesn't excuse from the mistakes and fuck ups that Ashley has made and how he has made the problems more difficult by how he has run the club.

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But we're not making a profit you f***ing idiots.

 

Yohan Cabaye (£4.3m) for Kevin Nolan (£4m)

Demba Ba (free) for Andy Carroll (£35m)

Sylvain Marveaux (free) for Joey Barton (free)

Gabriel Obertan (£3.25m) for Wayne Routledge (£2m)

Rob Elliot (£0.1m) for Fraser Forster (loan)

Davide Santon (£5m) for Jose Enrique (£6m)

Total spent £12.65m Total received £47m

 

 

 

:facepalm:

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But we're not making a profit you f***ing idiots.

 

Yes we are, we may have made past losses but  that doesn't change the fact that this year our balance sheet will show a profit, last season will probably show as break even. We still have a debt yes but this was a debt that can easily be paid back a little at a time without cocking up the whole squad.

 

If the person that lent us the money wants it back, that's fine. He's entitled to it.

 

A profitable company doesn't just show 1 year of profits, it shows many years. Before you argue 'we're not a company', well I hate to tell you, but we are.

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FS almost bankrupted the club..Thank god MA didn't check the books proparly before he bought it. If he did, he would never have touchd us.  This is an interesting article about NUFC finances from an esteemed blogger:

 

http://swissramble.blogspot.com/2010/12/newcastle-uniteds-finances-in-black-and.html

 

 

I've read it before, the club were in a bad way but could have turned it round by reducing purchases and getting rid of a few players like we had in the past. We broke the bank to get Owen and that was a mistake. That doesn't excuse from the mistakes and fuck ups that Ashley has made and how he has made the problems more difficult by how he has run the club.

 

On that we agree..MA did some bad decisions himself. But everything was already set in motion by FS.

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FS almost bankrupted the club..Thank god MA didn't check the books proparly before he bought it. If he did, he would never have touchd us.  This is an interesting article about NUFC finances from an esteemed blogger:

 

http://swissramble.blogspot.com/2010/12/newcastle-uniteds-finances-in-black-and.html

 

 

I've read it before, the club were in a bad way but could have turned it round by reducing purchases and getting rid of a few players like we had in the past. We broke the bank to get Owen and that was a mistake. That doesn't excuse from the mistakes and f*** ups that Ashley has made and how he has made the problems more difficult by how he has run the club.

 

I cant beileve we are back to freddy shepherd now, hes been gone 4 years  :lol:

 

Freddy wasn't about when the club was relegated.  :lol:

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But we're not making a profit you f***ing idiots.

 

Yohan Cabaye (£4.3m) for Kevin Nolan (£4m)

Demba Ba (free) for Andy Carroll (£35m)

Sylvain Marveaux (free) for Joey Barton (free)

Gabriel Obertan (£3.25m) for Wayne Routledge (£2m)

Rob Elliot (£0.1m) for Fraser Forster (loan)

Davide Santon (£5m) for Jose Enrique (£6m)

Total spent £12.65m Total received £47m

 

 

 

:facepalm:

 

Oh sorry, I didn't realise that transfers were the only element on a clubs balance sheet/income statement.

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But we're not making a profit you f***ing idiots.

 

Yes we are, we may have made past losses but  that doesn't change the fact that this year our balance sheet will show a profit, last season will probably show as break even. We still have a debt yes but this was a debt that can easily be paid back a little at a time without cocking up the whole squad.

 

If the person that lent us the money wants it back, that's fine. He's entitled to it.

 

A profitable company doesn't just show 1 year of profits, it shows many years. Before you argue 'we're not a company', well I hate to tell you, but we are.

 

That was never going to be my argument lol you really just don't get it do you. I do not care about the funds of the club I care about the club moving up the league and trying to win stuff. If we make a huge profit one year, use some of the money to pay off some of the debt and use more of it to add to the signings we have already made. Is it really that difficult ?

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But we're not making a profit you f***ing idiots.

 

Yes we are, we may have made past losses but  that doesn't change the fact that this year our balance sheet will show a profit, last season will probably show as break even. We still have a debt yes but this was a debt that can easily be paid back a little at a time without cocking up the whole squad.

 

If the person that lent us the money wants it back, that's fine. He's entitled to it.

 

A profitable company doesn't just show 1 year of profits, it shows many years. Before you argue 'we're not a company', well I hate to tell you, but we are.

 

That was never going to be my argument lol you really just don't get it do you. I do not care about the funds of the club I care about the club moving up the league and trying to win stuff. If we make a huge profit one year, use some of the money to pay off some of the debt and use more of it to add to the signings we have already made. Is it really that difficult ?

 

Yeah, because the owner doesn't feel that way and he's entitled not to. He doesn't support the club or have any ties to it, as long as the company is performing how the board want it to, that's their only objective.

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FS almost bankrupted the club..Thank god MA didn't check the books proparly before he bought it. If he did, he would never have touchd us.  This is an interesting article about NUFC finances from an esteemed blogger:

 

http://swissramble.blogspot.com/2010/12/newcastle-uniteds-finances-in-black-and.html

 

 

I've read it before, the club were in a bad way but could have turned it round by reducing purchases and getting rid of a few players like we had in the past. We broke the bank to get Owen and that was a mistake. That doesn't excuse from the mistakes and f*** ups that Ashley has made and how he has made the problems more difficult by how he has run the club.

 

On that we agree..MA did some bad decisions himself. But everything was already set in motion by FS.

 

Answer me this, are we in a position knowing what we saw in the books for relegation and the changes that have occurred, to pay off some of the debts last year and this year and still have more money than we have spent on transfers this window. The answer you and I both know is yes and unless we suddenly buy some high paid, costly players in the January window will be yes again for the next year. So why didn't he. If he had I would have had no complaints but instead we are stuck with a squad that isn't big enough still worrying about relegation with a paper profit.

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