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John Hall wanted to sell, I doubt he cared that much whether Ashley was a w***** or not.

 

This - he just wanted his money.  Having decided the money he had taken out previously wasn't quite enough.

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I GENUINLEY can't understand Ashley's mentality on Pardew and Kinnear.

Yes, they're cheap. But any worthless material thats cheap won't work properly and will make things worse

As Pardew and Kinnear have proved.

Pardew gets good players and makes them FAR worse. Kinnear is....well, Kinnear

 

Love the pic of - Rob Lee is it ? With the MAOC shirt !

 

I think it's a trust problem.  When Ashley has left people to their own devices it's come back to bite him in the arse in some way.

 

- Allows Allardyce to sign players he wants, ends up stuck with utter rubbish on high wages

- Lets Chris Mort set up a "system", ends up with the manager quitting (rightly) with the others in the system completely despised by the fans and s*** at their jobs

- Gets Llambias to run the club, despised by the fans, extremely hesitant in the transfer market to the point that Ashley apparently has to step in to push through purchases in January, fails completely to increase non-football revenues & signs a sponsorship contract that pisses off everyone

 

I don't know if Pardew was Ashley's mate before getting the job or Llambias' mate.  If it was the latter then it's another reason that Ashley might not trust people to do their jobs, if it's the former then it's probably why he's still here despite being demonstrably out of his depth.

 

For some bizarre reason it looks like he trusts JFK hence why he keeps turning to him despite him being a lunatic.

 

Ultimately Ashley's either going to have to bite the bullet and find someone to run the club that he doesn't know and initially trust but who can actually do the job and who knows how football works or he's going to have to be a lot more hands-on in running the club.

 

I think you're very close to the mark. :thup:

 

Generally in his business dealings he works with people who he has known from the very start, or has known over time and promoted. It's clearly a fkn nightmare getting people in he feels comfortable with, and then when he does they turn out to have gained his trust by basically bullshitting just how good they are in a field he knows practically sod all about.

 

I saw Sir John Hall on TV the other day for the unveiling of the gates & thought he's exactly what the club needs at this point, Ashley should beg him to come in and run things, then I realised that Ashley hates him and Shepherd for not disclosing some of the debts that needed to be repaid when the club was sold, etc.

 

Sir John is 80 now and has Prostate cancer - there is NO way he could run the club now and after he stepped down as Chairman for health reasons in 1997, there were plenty of people who were prepared to rubbish his contribution by saying he only did it for the money.....

 

Would YOU want all that again at 80....?? He was, and remains, the best Chairman/owner that NUFC have ever had and we will be lucky to get anyone similar in the foreseeable future.

 

  Remind me, who was it that sold the club to Ashley, and told us he was the best man for the job ???

 

 

Sir John is many things, but being clairvoyant is not one of them - Ashley told him he wanted to make the club more appealing and with a wider world appeal...he's done that hasn't he....NOT.

Ashley got the shares because SJH wouldn't sell to Shepherd - do you wish he had done that instead..?

 

An interesting theory, SJH and his family sold their stake to Ashley for more than £50 million. How was Shepherd going to raise anything like the money to compete with that? Bearing in mind that even if anyone would have loaned that sort of money (in 2006/7) they would spend a lot of time going over the finances of what was being bought first. Given the state of the clubs finances no one would have got involved imo. Potential buyers had already had a look and run away. From that quote from SJH above it sounds as though the Malaysians he was talking to were preparing to do due diligence, and wanted 6 weeks to do it. Would that deal have gone through? No such problem with Mike of course....

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Newspaper "regrets" racism slur on Mags

 

From the Independent letters page on Monday, under the sub-heading of No racism at St James’ Park:

 

Your recent profile of Mike Ashley (“The best boss in the world?”, 20 July) included a claim that Mr Ashley had heard anti-Semitic chants directed at him from the terraces at St James’ Park. As a fan of Newcastle United, I find this claim deeply offensive and I know other fans agree. The allegation was made without reference to any specific incidents, and I am unaware of any incident having been recorded by the police or other authority.

 

As a regular attendee of games at Newcastle (I and my 10-year-old son are season-ticket holders), I know I speak for many when I say I have not once heard an anti-Semitic chant in our ground, whether directed at Mike Ashley or not. I don’t believe our fans are racist – indeed, we are known to have just about the most inclusive and welcoming fanbase in the country.

 

Chris Lane, Liverpool

 

Editor’s Note: The Independent regrets any offence caused by the inclusion of a quote given to us – and published – in good faith.

 

The offending passage was edited out of the online article following complaints from fans - although some related comments from disgruntled fans were also then deleted.

 

This may not be the end of the matter, with Newcastle United commenting via their official twitter site within hours of the article's publication that:

 

"The club is aware of the article in today's Independent and has referred the matter to its lawyers. Thanks to fans who have raised concerns"

 

As yet there's been no response from author Jim Armitage to email questions about his article - and why he saw fit to dream up a wholly fictional and damaging quote.

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Wouldn't surprise me in the slightest if Ashley's taken out another sizeable chunk of money this summer to reduce the club's debt to him. We won't find out until the accounts are published in April (?) obviously.

 

The lack of investment is embarrassing. Not only is he not putting any more cash into the club but he's reluctant to invest the money the club generates itself. Think small, be small.

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The only way we will invest money on new players is if we generate big profits on the ones we've got. So in that sense we might be better off selling the likes of Cabaye and hoping it's invested wisely.

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Last year's accounts said that this summer he was due to take £18m out. Whether he has or not remains to be seen.

 

:thup:

 

Didnt the article on TF say he took 11 million out instead of 18, so we could buy the players in january...

 

Mike Ashley's pocket first club second. 

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At his current rate of paying himself back, how long will it take for the debt to him to be completely gone?

 

Depends...he may take a massive slice of our new tv deal money to help reduce it.  We aint makin any progress until he gets his money back or reduces it by a large amount.  plucking a radom figure out of my arse...id say another 5 years.

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At his current rate of paying himself back, how long will it take for the debt to him to be completely gone?

 

Depends...he may take a massive slice of our new tv deal money to help reduce it.  We aint makin any progress until he gets his money back or reduces it by a large amount.  plucking a radom figure out of my arse...id say another 5 years.

 

How much is the extra tv cash? i've heard £60mil talked about, is that over a few seasons?

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I thought it was 60 mil per season for 3 seasons. Could pay it off tgat way but we would be on the bones of our arse for 3 more season...while every other team progresses. Ashley will be nearing being paid off tho

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I thought it was 60 mil per season for 3 seasons. Could pay it off tgat way but we would be on the bones of our arse for 3 more season...while every other team progresses. Ashley will be nearing being paid off tho

 

Its on average an extra £15-18m every season for 3 seasons.

 

Take that off the debt and the club could probably be bought for a minus £200m outlay, much more likely.

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I thought it was 60 mil per season for 3 seasons. Could pay it off tgat way but we would be on the bones of our arse for 3 more season...while every other team progresses. Ashley will be nearing being paid off tho

 

Its on average an extra £15-18m every season for 3 seasons.

 

Take that off the debt and the club could probably be bought for a minus £200m outlay, much more likely.

 

Yup. It's why he was asking crazy money out in Dubai a few years back.

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I thought it was 60 mil per season for 3 seasons. Could pay it off tgat way but we would be on the bones of our arse for 3 more season...while every other team progresses. Ashley will be nearing being paid off tho

 

Its on average an extra £15-18m every season for 3 seasons.

 

Take that off the debt and the club could probably be bought for a minus £200m outlay, much more likely.

 

O0

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