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Mike Ashley


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If the Financial Fair Play rules are adhered to then anyone should be able to afford to run a football club, it should run itself. The extortionate TV deal will help. Buying it in the first place is a different thing of course.

 

Not that I think the rules will be enforced properly, or that FIFA will have the balls to stand up to a big club entering into dodgy sponsorship deals with associates of its owners (I'm looking at you Man City...)

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So the 'purples' we have right now:

 

Krul

Coloccini

Taylor

Debuchy

Santon

Cabaye

Anita

Tiote

Ben Arfa

Gutierrez

Cisse

 

And people are hoping we'll bring more players in this month, right? That'll require contradicting themselves once again then. :lol:

 

I wouldn't worry about that. It's what they do.

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If I couldn't afford to run my car, I'd sell it.  If he can't afford to run a football club, then put us up for sale.

 

Still utterly laughable that for a businessman, this clown didn't conduct due diligence.

 

He put us up for sale a couple of times, it's for the benefit of everyone that he knuckled down after not finding a buyer.

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Guest neesy111

One of the reasons he couldn't find a buyer was because of the mismanagement he did before that regarding our ridiculous wage bill.

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Guest bimpy474

Cheers guys. I thought that was it. So he needs to take £100m or so out before he takes any profit for himself, unless he sells for more than he bought it for + the whatevers left of the debts he paid off.

 

We are stuck with this bloke for a while longer aren't we :(

 

One thing's for sure, our approach to transfers isn't going to change any time soon (and rightly so in many regards), so with the mega cash bonanza next season he'll be able to claw that back much more quickly than up to this point.

 

If we stay up.

 

I'm with you on the transfers, i think we go about it the right way to an extent. But you mustn't refuse to buy to the detriment of the team, like we did in the summer.

 

I think this is where their lack of football knowledge kicks in, any fool knew we needed more players, all we got was some nonsense about purple players. Such non football speak from non football men.

 

I'm hoping they learn from each mistake. Every plane crash stops a hundred more, to steal a strange fact that floats about in my brain.

 

It's not "lack of football knowledge." Just a different set of priorities.

 

I think it's a mix of the two tbh. One goes with the other where them two are concerned.

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  • 2 weeks later...

Let me start of by saying I applaud the general direction of financial stability, extensive scouting and looking for player value in the transfer policy that Mike Ashley has set out for the club, as I don't think the late spending spree that was overseen by his predecessor was sustainable and the results were hit and miss to say the least. His approach to running a football club has a lot of merits, and when things go well (as they did last season) he will get a lot of credit. However, if you look at our transfer and wage figures compared to other Premiership teams, it becomes clear that "last season" was a flash in the pan, and that our current season is about where you'd expect a club of our transfer activity/wage structure to be.

 

In terms of transfer fees, this is the Premiership league table for nett investment over the last five years, i.e. roughly since Ashley took over:

 

http://i.imgur.com/bBUiA.jpg

 

Source: http://transferleague.co.uk/league-tables/transfer-league-table-last-five-seasons.html

 

In terms of wage total, here's a fairly recent breakdown of wage totals of Premiership teams from the 2010/1011 season teams marked with an asterix are 2009/2010 figures):

 

http://2.bp.blogspot.com/-GD4P0rhmO2w/T2hAJj3JJmI/AAAAAAAAFcg/sXBXt61En_Q/s400/23%2BNewcastle%2BWages%2BLeague.jpg

 

Source: http://swissramble.blogspot.nl/2012/03/newcastle-united-life-in-northern-town.html

 

So 19th in terms of nett transfer investment and 13th for wage total. Now, I'm willing to accept that we can't compete with the oil rich sugar daddy clubs like Chelsea and Man City, or traditional powerhouses with huge commercial value such as Man U, Arsenal and Liverpool, but beyond that I fail to see why we shouldn't be able to compete financially for our transfer targets. If we are only willing to pay lower midtable transfer fees and wages, what else can we expect long term other than lower midtable Premiership finishes?

 

Serious questions have to be asked about what Ashley's level of ambition is for Newcastle United and why he bought us in the first place.

 

(Posted these figures earlier in the Remy thread when it went 100mph, so sorry if you've seen them before, but I thought it was worth sharing in the Ashley thread).

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Guest malandro

Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

Because any player who does well is going to be tempted away by clubs with more ambitious salary scales, and it's only the bargains that turn out not to be bargains that will stay?

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Guest tollemache

The net transfer total isn't particularly important when trying to assess a team's level, but teams DO tend to finish pretty much in order of wage bill. We're in a decent position here because our % of turnover committed to wages is just about where we'd want it to be, with a little bit of headroom perhaps, and we're turning a profit.

 

Question: Do you think Arsenal are a well-run club, and would you like to think of Newcastle being run in that way?

 

Also: Do you think it is a necessary trait of a chairman that he is willing to plough his own money into the club in order to make it ever more ambitious? Or should the money for transfers and wages come from within the club? If someone slightly richer and more reckless than Mike Ashley came in and offered to subsidise transfers and wages to boost us up the league, but we'd be dependent on his cash and vulnerable if he fucked off, would you prefer that? I'd rather our level of ambition was dictated by the actual size of the club, tbh

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Guest tollemache

Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

The truth is probably somewhere in the middle. The 5th placed finish was a little fortunate and the wage budget (which is a far better guide than one league placing) should see us in midtable.

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Guest malandro

He bought us as a platform for his gash sportswear empire, he (or one of his cronies) admitted that ages ago.

One look at SJP proves this. I don't think he has any ambition for the club beyond plugging SD and clawing back the money he lost by not undertaking due diligence.

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Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

The truth is probably somewhere in the middle. The 5th placed finish was a little fortunate and the wage budget (which is a far better guide than one league placing) should see us in midtable.

when we went down we held our hands up and said you finish where you deserve, the league table dosen't lie at the end of may, why the change when we do well ?
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He bought us as a platform for his gash sportswear empire, he (or one of his cronies) admitted that ages ago.

One look at SJP proves this. I don't think he has any ambition for the club beyond plugging SD and clawing back the money he lost by not undertaking due diligence.

 

Nail on head. :thup:

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He bought us as a platform for his gash sportswear empire, he (or one of his cronies) admitted that ages ago.

One look at SJP proves this. I don't think he has any ambition for the club beyond plugging SD and clawing back the money he lost by not undertaking due diligence.

 

I think that was his original intention but the success of the 'model': buy younger, or damaged/maverick, players with a sell on fee and put them on relatively low wages has, I think, changed his outlook.

 

As long as he can keep them coming in and has a compliant,semi-competent, manager who can keep us in the top flight the cunt is literally printing money. Once the TV moolah starts rolling in and we continue making a profit he has no need to jeopardise the status quo by doing anything risky like attempting  to win a trophy or crazy shit like that.

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Guest tollemache

Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

The truth is probably somewhere in the middle. The 5th placed finish was a little fortunate and the wage budget (which is a far better guide than one league placing) should see us in midtable.

when we went down we held our hands up and said you finish where you deserve, the league table dosen't lie at the end of may, why the change when we do well ?

 

Who's we? I didn't say that, did you? Someone at the club?

 

Of course it's possible to play above yourself and get a bit lucky and finish higher than you'd normally expect to, and of course it's possible to have a rubbish run and finish lower than you'd expect. Teams have surprisingly good seasons and surprisingly bad seasons all the time. What I'm saying is it is a stone cold fact that leagues normally finish roughly in order of wage bill, and that where you come in the wage bill league is generally a very good guide as to where you should expect to end up. Check the stats for any league going and you will tend to find that that principle applies. Afford more good players = probably do better.

 

We deserved to go down because we'd spent a few years putting together an absolute joke of a club and had managed to compile a team of overpaid duds. That doesn't change the fact that, on the whole, expensive squads do better than cheaper ones because, on the whole, the other factors tend to balance out. I'm talking about averages, rough guides, and as far as working out likely league positions goes, total wages are the most accurate predictor going.

 

 

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Guest tollemache

Another question (though nobody's answered the previous two yet): If we displayed more 'ambition' and bought our way up the league, but it meant we ended up spending 85% of our turnover on wages, would you like that?

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Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

The truth is probably somewhere in the middle. The 5th placed finish was a little fortunate and the wage budget (which is a far better guide than one league placing) should see us in midtable.

when we went down we held our hands up and said you finish where you deserve, the league table dosen't lie at the end of may, why the change when we do well ?

 

Who's we? I didn't say that, did you? Someone at the club?

 

Of course it's possible to play above yourself and get a bit lucky and finish higher than you'd normally expect to, and of course it's possible to have a rubbish run and finish lower than you'd expect. Teams have surprisingly good seasons and surprisingly bad seasons all the time. What I'm saying is it is a stone cold fact that leagues normally finish roughly in order of wage bill, and that where you come in the wage bill league is generally a very good guide as to where you should expect to end up. Check the stats for any league going and you will tend to find that that principle applies. Afford more good players = probably do better.

 

We deserved to go down because we'd spent a few years putting together an absolute joke of a club and had managed to compile a team of overpaid duds. That doesn't change the fact that, on the whole, expensive squads do better than cheaper ones because, on the whole, the other factors tend to balance out. I'm talking about averages, rough guides, and as far as working out likely league positions goes, total wages are the most accurate predictor going.

 

 

 

LOL the team that went down had one of our highest wage bills.

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So this latest crisis we're in makes it open season to question/criticise/abuse Ashley's ownership and his financial strategy again.

That's fine of course, but what is the suggested alternative this time, bearing in mind he won't be changing course any time soon ?

Is it fairy godmother Arabs, fanzine editors wanting our pension pots or perhaps another "Geordie" knight in shining armour dashing to our rescue?

 

I could always start raising money again to mount a takeover.

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Guest malandro

Another question (though nobody's answered the previous two yet): If we displayed more 'ambition' and bought our way up the league, but it meant we ended up spending 85% of our turnover on wages, would you like that?

I doubt it but that's not what anybody is asking for. What many supporters want to to see is an NUFC that tries to punch its weight, something more ambitious than the small time mentality we have now. A middle ground that reflects the size of the club, not the owners' bargain basement business philosophy.

 

Oh, and get that SD shit off the stadium. 

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Guest tollemache

Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

The truth is probably somewhere in the middle. The 5th placed finish was a little fortunate and the wage budget (which is a far better guide than one league placing) should see us in midtable.

when we went down we held our hands up and said you finish where you deserve, the league table dosen't lie at the end of may, why the change when we do well ?

 

Who's we? I didn't say that, did you? Someone at the club?

 

Of course it's possible to play above yourself and get a bit lucky and finish higher than you'd normally expect to, and of course it's possible to have a rubbish run and finish lower than you'd expect. Teams have surprisingly good seasons and surprisingly bad seasons all the time. What I'm saying is it is a stone cold fact that leagues normally finish roughly in order of wage bill, and that where you come in the wage bill league is generally a very good guide as to where you should expect to end up. Check the stats for any league going and you will tend to find that that principle applies. Afford more good players = probably do better.

 

We deserved to go down because we'd spent a few years putting together an absolute joke of a club and had managed to compile a team of overpaid duds. That doesn't change the fact that, on the whole, expensive squads do better than cheaper ones because, on the whole, the other factors tend to balance out. I'm talking about averages, rough guides, and as far as working out likely league positions goes, total wages are the most accurate predictor going.

 

 

 

LOL the team that went down had one of our highest wage bills.

 

And I could probably pick out a few more exceptional examples to add to that one if you like? It doesn't change the fact that, by and large, league tables finish pretty much in order of wage bill. You know how statistics work, yeah? We're talking about averages, trends etc... Do a graph of final positions vs wage bills in every Premier League season ever and every Serie A season ever and every Liga season ever and every Bundesliga season ever all rolled into one and you'd get a smooth diagonal line showing a direct relationship between wage bill and league position. I don't give a flying f*** if an overpaid team went down once or Muggins Utd won the league.

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Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

Because any player who does well is going to be tempted away by clubs with more ambitious salary scales, and it's only the bargains that turn out not to be bargains that will stay?

 

Until that starts to happen regularly then that's conjecture. Ba is the only person who has shown any real desire to leave and he was apparently offered terms that would've almost gave him parity with our highest earner.

 

I don't quite understand why the board are coping flack for adopting a sensible wage structure. We've been down the road of paying grossly over inflated salaries to players whose performances and/or ability haven't justified them. It got us into trouble and was clearly unsustainable. Why do it again?

 

Our position in that wages table is being obsessed over but whether 1st, 13th or 20th, it's completely moot. The figure that does count for something is wages to turnover. 70% is hypothesised to be the tipping point between a club that can cope and one that is in danger and we're not a million miles off that. The only way we can really begin to pay more is to increase turnover.

 

I think there are some very justified criticisms of the board, for example the extremely ponderous way we approach transfer windows which seems to be borne out of a belief we can come out on top in the sagas that pass for negotiations nowadays when all evidence points to the fact that clubs are getting wise and preferring to play hard ball with us, but our wage structure? Christ, it's one of the things the current owners have got very, very right. It's flexible enough to allow us to reward players who perform well (as we did with Tiote in his first season and Krul last year) but won't see us get taken for mugs.

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Can I just point something out really, really quickly that might help shorten this debate quite substantially...

 

We finished 5th last season.

 

How can you come to the conclusion that our transfer policy is going to see us mired near the foot of the table when less than 12 months ago it had us competing at the very top?

 

I think you may have misunderstood the point I was trying to make. I think our transfer is very good on a number of aspects:

 

- we are getting value for money

- we are buying players just before or in their prime

- the characters coming into the club are professional

- our first team looks very good on paper ("eleven purples")

 

There are also some quite obvious problems with it:

 

- we do not focus on the positions that need strengthening, but on getting a bargain, meaning we can literally go for years without filling a position

- we do not place value in building a squad, so beyond the first team are players with neither much ability nor potential

- despite publicly stating we invest heavily in youth we barely ever do and we have no apparent structure to bring young players through

 

My entire point is that if Ashley was willing to trust the football people around him, and back them accordingly to even an average Premiership level in relation to our club size/revenue/potential we could work on the weak points of the policy effectively and be so much better for it. In my opinion Mike Ashley just seems on some kind of mission to prove you can run a Premiership club at a profit, which would be great news if we were shareholders, but is in reality not so much considering we are fans.

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