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Really happy for him. Despite all our moaning and suffering it's nothing compared to what super fan Mike Ashley has to endure. A small part of him dies every time we play poorly and I know how much this result will have meant to him.

 

Have a good one, Mike.

 

:lol:

 

Seriously though, the local journos must be feeling sick after today's result, the heat is off again.

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Interesting stuff from the nufc.com match report.

This is surely the type of sane, mature reasoning we need to move forward under the present ownership.

At present fan protest seems to be along the lines of trying to impress the owner by waving hankies or newspapers at him both of which were laughable and became embarrassing failures. We need people who are capable of entering into a grown up, business like dialogue rather than organisations who turn every utterance or action into a negative, in an attempt to score points for their crusade, and end up merely antagonising an already polarised situation.

Some of our so called representatives are in reality as representative of Newcastle supporters as the BNP is of the British people.

The Magpie Group, although a different situation at a different time, showed what could be achieved with a hard headed, pragmatic, determined approach rather than a seemingly hysterical one. Perhaps a starting point right now could be the banging together of a few stubborn heads.

 

 

The result and second half display restored some much-needed credibility to squad and manager, as a pre-game mood that was more one of disappointment and disenfranchisement that demonstration was swept away, fans finding both feet and voices to unite in praise rather than protest.

 

And that in a nutshell encapsulates the simultaneous joy and curse of this club - it's all about the game here, for better or worse. Whatever the romantic/utopian ideals of some (including ourselves) supporters support the team, not meetings, protests or boycotts. They don't want to own NUFC.

 

Simmering discontent among some sections of the fanbase with our current situation seems to have been triggered by the return of Joe Kinnear, setting the clocks back to 2008 in some households.

 

Actions such as that enrage many and energise some, but forcing issues like the identity of club personnel, the shirt sponsor or the status of various press box occupants is ultimately divisive and destructive. People who struggle with the concept of pensions and savings are being tasked with understanding the whys and wherefores of corporate finance. It's not meant to be complicated.

 

Days like this surely just emphasise the aching sense of underachievement and the true potential that remains unrealised. The fervour evident in the closing moments is a hint of what still lies there -  even with a split fanbase. That's one where some are content with the status quo, but others demoralised, some to the point of outright conflict or watching from afar as a personal protest.

 

A change of policy - not necessarily a change of personnel - seems to be the real world scenario in the absence of a willing new owner - and given the madness that has unfolded at Hull, Leeds, Cardiff, Birmingham, Portsmouth and Blackburn that in itself is fraught with pitfalls. 

 

People are waiting to support the club - their club - and Pardew's line about not being able to spend £100m entirely misses the point. Previous attempts to compete with the big lads in transfers and wages played their part in the comparative age of austerity we know live in and left us where we are now, beholden to a sandshoe salesman deemed a fit and proper person by his predecessors.

 

Sane folks need do no more than refer to the manager's own summer wants list, namely a free transfer centre half and something in the way of striking cover with a physical presence. Surely making adequate preparations for the task ahead is a common-sense policy, especially when the previous two seasons have borne witness to a similar failure to act?

 

Appointing a competent MD might help, someone who can convincingly convey the club's message publicly and provide some motivation and leadership off the pitch. Today's match programme contained lesson #2 of the JFK guide to football finance, where he explained Financial Fair Play - although in reality he probably thinks that's letting a bank manager beat him over 18 holes....

 

By the next time we assemble here, Remy's charge of alleged rape will have come before the courts and his fellow countrymen will know whether to start planning for a trip to Brazil next summer. Both of those situations could have a profound influence on the outcome of this season - the quest to collect as many points as possible as quickly as possible remains paramount.

 

There's one thing that people can agree on at least, even if the jury remains out whether today was a rebirth or a grand example of papering over the cracks. This isn't meant to be an open letter to the owner, but if it was the message would be simple.

 

Realise your own potential at your own club, stop creating conflict and confusion and picking fights with your own customers. Opinion is divided over whether you're a fan or a businessman, but it seems to be neither on current evidence.

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Interesting stuff from the nufc.com match report.

This is surely the type of sane, mature reasoning we need to move forward under the present ownership.

At present fan protest seems to be along the lines of trying to impress the owner by waving hankies or newspapers at him both of which were laughable and became embarrassing failures. We need people who are capable of entering into a grown up, business like dialogue rather than organisations who turn every utterance or action into a negative, in an attempt to score points for their crusade, and end up merely antagonising an already polarised situation.

Some of our so called representatives are in reality as representative of Newcastle supporters as the BNP is of the British people.

The Magpie Group, although a different situation at a different time, showed what could be achieved with a hard headed, pragmatic, determined approach rather than a seemingly hysterical one. Perhaps a starting point right now could be the banging together of a few stubborn heads.

 

 

The result and second half display restored some much-needed credibility to squad and manager, as a pre-game mood that was more one of disappointment and disenfranchisement that demonstration was swept away, fans finding both feet and voices to unite in praise rather than protest.

 

And that in a nutshell encapsulates the simultaneous joy and curse of this club - it's all about the game here, for better or worse. Whatever the romantic/utopian ideals of some (including ourselves) supporters support the team, not meetings, protests or boycotts. They don't want to own NUFC.

 

Simmering discontent among some sections of the fanbase with our current situation seems to have been triggered by the return of Joe Kinnear, setting the clocks back to 2008 in some households.

 

Actions such as that enrage many and energise some, but forcing issues like the identity of club personnel, the shirt sponsor or the status of various press box occupants is ultimately divisive and destructive. People who struggle with the concept of pensions and savings are being tasked with understanding the whys and wherefores of corporate finance. It's not meant to be complicated.

 

Days like this surely just emphasise the aching sense of underachievement and the true potential that remains unrealised. The fervour evident in the closing moments is a hint of what still lies there -  even with a split fanbase. That's one where some are content with the status quo, but others demoralised, some to the point of outright conflict or watching from afar as a personal protest.

 

A change of policy - not necessarily a change of personnel - seems to be the real world scenario in the absence of a willing new owner - and given the madness that has unfolded at Hull, Leeds, Cardiff, Birmingham, Portsmouth and Blackburn that in itself is fraught with pitfalls. 

 

People are waiting to support the club - their club - and Pardew's line about not being able to spend £100m entirely misses the point. Previous attempts to compete with the big lads in transfers and wages played their part in the comparative age of austerity we know live in and left us where we are now, beholden to a sandshoe salesman deemed a fit and proper person by his predecessors.

 

Sane folks need do no more than refer to the manager's own summer wants list, namely a free transfer centre half and something in the way of striking cover with a physical presence. Surely making adequate preparations for the task ahead is a common-sense policy, especially when the previous two seasons have borne witness to a similar failure to act?

 

Appointing a competent MD might help, someone who can convincingly convey the club's message publicly and provide some motivation and leadership off the pitch. Today's match programme contained lesson #2 of the JFK guide to football finance, where he explained Financial Fair Play - although in reality he probably thinks that's letting a bank manager beat him over 18 holes....

 

By the next time we assemble here, Remy's charge of alleged rape will have come before the courts and his fellow countrymen will know whether to start planning for a trip to Brazil next summer. Both of those situations could have a profound influence on the outcome of this season - the quest to collect as many points as possible as quickly as possible remains paramount.

 

There's one thing that people can agree on at least, even if the jury remains out whether today was a rebirth or a grand example of papering over the cracks. This isn't meant to be an open letter to the owner, but if it was the message would be simple.

 

Realise your own potential at your own club, stop creating conflict and confusion and picking fights with your own customers. Opinion is divided over whether you're a fan or a businessman, but it seems to be neither on current evidence.

The present owner doesn't want to know, it's his way and nobody else matters.
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The Mag

 

Newcastle United Financial Accounts – Where Has The Money Gone Under Mike Ashley?

55 mins ago by Mark Jensen

Football is a game of opinions, it is what keeps us all going in between those ninety minutes’ that are played on the green stuff.

Sadly, much of the chat between fans these days isn’t just about what happens on the field of play, instead much of our time (including on this website) is spent discussing how the club is run off the pitch under Mike Ashley.

The finances coming into the sharpest focus when for example Newcastle United don’t buy a single player in the summer window just gone by.

Alan Pardew has regularly told us that Newcastle can’t compete when it comes to the financial side of things, justifying the lack of transfer activity and Newcastle United’s place in the scheme of things.

To back this message up, we have been treated to some quite bizarre columns appearing under Joe Kinnear’s name in recent matchday programmes, for example lecturing fans about the ins and outs of FFP (Financial Fair Play) and United’s commercial income compared to other clubs. All very bizarre, not just the ridiculous nature of what they are saying, in my opinion, but that they also expect us to actually believe that Joe Kinnear has written it.

Repeatedly it is hammered home, Newcastle fans who think their club should be able to compete these days with the ‘big boys’, or indeed the not so big boys, are clearly deluded.

So is that the end of it? Should we just accept that Newcastle will always now be also-rans, with no chance of ever competing with what people generally see now as the ‘top six’, or even those below that?

Alan Pardew has often said that off the pitch there is no way Newcastle can compete with Manchester United financially but to many of us that isn’t the point. What I, and many others, believe is that a well run Newcastle United can year after year build its way into a club that can compete with those in that top six. Newcastle will never have a turnover that matches Manchester United but what NUFC are capable of, is making massive strides in closing the gap on those other clubs in that top six and eventually getting in amongst them.

How can this be done? Well the answers to many puzzles are often to be found by looking backwards to help take us forwards.

Newcastle United’s financial position is currently;

1. Mike Ashley has made clear Newcastle United has to live within its means, he isn’t going to put his own money in to subsidise the running of his club (asset).

2. The second part of the equation is that the income Newcastle bring in from commercial activities and match day revenue streams, is far lower than that of those top six and much of a muchness now with clubs such as Everton, Villa and others.

So that’s it then, isn’t it? If you believe so then it is a depressing reality because then the only possible advantage Newcastle could have over any of our ‘competitors’ is Graham Carr unearthing player after player who will massively increase in value, with Newcastle selling high and reinvesting in other hidden gems.

Obviously it is a huge benefit to have somebody of Graham Carr’s experience and expertise but it isn’t a whole plan or strategy in itself. For starters every club is looking to get quality players at the best price, plus for every success you will have players who don’t increase in value.

So the bottom line is that for Newcastle United to realistically compete year after year and have a chance of winning trophies you need money, the conundrum is where can it come from?

The financial information below, comes from the annual Deloitte reports, or the ‘Rich List’ as it is often referred to. Deloitte put out a report examining the twenty football clubs with the highest turnovers in the world, they look at each club and see where they get their money from.

The income is divided into Matchday, which includes all money generated such as corporates and boxes, not just the ‘ordinary’ fan buying tickets.

Then you have Broadcasting which is almost exclusively from the various TV deals both in the UK and increasingly, income generated from overseas rights.

Finally, Commercial income, which is pretty much everything not included in the other two categories; shirt sponsor, merchandise, kit deal, perimeter advertising inside St.James’ Park and increasingly (for most clubs) all kinds of tie-ins with companies both in the UK and again increasingly around the world, with the reach of the English Premier League allowing its clubs to bring in massive amounts of extra cash due to the exposure. This was given a massive shot in the arm with the latest North American deal seeing matches shown live on terrestial TV over the pond, making the audience infinitely greater.

So what about Newcastle United?

Well look at these figures we have taken from various Deloitte reports, as a decent illustration we have compared Newcastle United’s figures with Tottenham’s, for the three seasons before Mike Ashley took over and then the latest available Deloitte report for the 2011/12 season when Newcastle finished fifth in the Premier League.

Have a good look.

The world placing refers to highest turnovers in the world, so basically in 2004/05, Newcastle’s was the 12th biggest and Spurs’ was 13th.

Then we have the overall turnover figure, before the breakdown of that figure into the three different categories that make up the total..

World Placing Turnover Matchday Revenue Broadcasting Revenue Commercial Revenue

£Millions £Millions £Millions £Millions

2004/05

Spurs 13th 70.6 21.1 25.5 24.00

NUFC 12th 87.1 35.3 27.9 23.9

2005/06

Spurs 15th 74.1 17.6 28.7 27.8

NUFC 13th 85.9 31.5 26.5 27.9

2006/07

Spurs 11th 103.1 30.9 33.7 38.5

NUFC 14th 87.1 33.6 25.9 27.6

2011/12

Spurs 13th 144.2 41.1 61.6 41.5

NUFC 20th 93.3 23.9 55.6 13.8

 

Naturally, there are all kinds of talking points but there are a number I’d particularly like to draw your attention to.

1. Spurs have more than doubled their income in seven years, Newcastle’s has pretty much stayed the same, rising by around 7%.

2. In those three seasons before Mike Ashley arrived, Newcastle were more than competing with Spurs and in fact Matchday income saw United well in front, while it was only in that 2006/07 season where Spurs came alive on the Commercial front and leapt ahead of Newcastle.

3. Newcastle’s income was very steady and it isn’t using a one-off season to back up any argument. These were solid income streams and these aren’t from Champions League seasons either, sadly they (Champions League seasons)were history by this point.

4. The TV money has gone up by tens of millions.

Leaving comparisons with Spurs aside, because really we are only bothered about Newcastle, the NUFC figures are astonishing.

We are repeatedly told that Newcastle are now a financially well run club under Mike Ashley. Not spending more than you get in is only part of the equation, the amount of money you get in is ‘quite’ important as well!

The figures are mind blowing, Mike Ashley has managed to halve Newcastle United’s Commercial income from £27.9m in 2005/06 to £13.8m in 2011/12, this is without even taking into account higher prices/inflation and so on which should have automatically INCREASED the total, never mind it going backwards. Standing still would have been seen as disastrous, never mind what the actual reality we are faced with..

When it comes to Matchday money, income has come down from £35.3m (2004/05) to £23.9m (2011/12).

What has happened to the money? With Mike Ashley owning Newcastle United in its entirety, he presents his accounts as he sees fit, with only the basics available for us to see via the published club accounts and then set out by such things as the Deloitte reports.

What the figures tell me is that Newcastle United has been turned into a massive financial failure, it is an absolute disgrace. Money that should be there, and we are talking tens of millions every season, is just no longer there in the totals. Where it has gone is obviously a very interesting question.

The combined income from Matchday and Commercial was £57.2m in 2004/05 and Ashley has turned that into £37.7m in 2011/12.

Comparing Newcastle to Spurs is a very small part of the story, if you looked at every single club in the Premier League and probably all of those below the top division, I bet you wouldn’t find one that has less (non-TV) income in 2011/12 than they had seven years previous.

Mike Ashley is turning us (has turned us?) into almost another Blackburn or Bolton. Clubs where the TV income is everything.

What Ashley has done to Newcastle is strip away belief and self-respect amongst many fans that our club is something special.

Read the following extracts from the Deloitte reports in the three seasons before Ashley arrived at St.James’ Park.

2004/05

“Newcastle is the highest placed club not to benefit from Champions League revenue. This is a remarkable testament to the strength of the brand, and the club’s fanatical support. Average Premiership attendances stood at 51,800.”

2005/06

“Newcastle’s Money League placing is largely due to the club’s strong home support, and average Premier League attendances have been above 50,000 for all six seasons since St James’ Park expanded.”

2006/07

“Newcastle have featured in all eleven Money Leagues, and the club is once again in the list despite not benefiting from UEFA Champions League football, a tribute to the strength of the club’s brand and its loyal following.

“The club will hope the change in ownership and management will provide the catalyst for improvement both on and off the pitch.”

Read those quotes and weep.

Mike Ashley took over a club that was a brilliant ‘brand’ and was successful (in making money) BECAUSE of the massive support, Newcastle United just needed a little care & attention and management expertise to turn that into success on the pitch. Freddie Fletcher’s commercial expertise had helped make Newcastle a money making machine and it had only been brought to its knees thanks to all the money the Halls and Shepherds took out of the club and the disastrous decisions made in appointing people like Dalglish and Souness, combined with a disastrous transfer policy much of the time.

Freddie Fletcher turned Newcastle United’s fanatical support into pounds, via the Matchday and Commercial income.

There has never been a better time to sell the appeal of Premier League clubs both in the UK and around the World.

Whatever his motivation, Mike Ashley has screwed Newcastle United into the ground and into a club that cannot compete, thanks solely to the way he has the club organised. The rest of Ashley’s empire is booming but Newcastle United is now starved of money as well as trophies.

For Newcastle United to compete and potentially win trophies, the club doesn’t need Mike Ashley to ‘put’ money in, all that it needs is to be run professionally and with ambition.

We know our club is something special and one day it may have the chance to prove that once again to the outside world, sadly it won’t happen without massive changes and clearly the biggest of those is Mike Ashley.

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In fairness, I am assuming matchday revenue is down because Ashley has not increased ticket prices to the same degree as Spurs.  I work with a season ticket holder at Spurs and his ticket (which isn't the most expensive you can get) is over 1k.

 

The commercial revenue decline is a disgrace though.

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Guest Roger Kint

Without bothering with most of that well overdone discussion ie Commercial theres some rank stupidity in there.

 

'What has happened to the money? With Mike Ashley owning Newcastle United in its entirety, he presents his accounts as he sees fit, with only the basics available for us to see via the published club accounts and then set out by such things as the Deloitte reports.'

 

He actually publishes the FULL accounts, unless this bloke is asking for every bastard receipt he wont see more in any club. Baffling statement there :lol:

 

I hope Ashley doesnt read that article either, if The Mag think matchday revenue isnt high enough am sure theres a way for Mike to charge fans more. After all affordable tickets arent worth shit to the clubs profits

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Guest Roger Kint

He is killing the club. Slowly. It's in the hands of the fans - if nobody went to the game for a few weeks how long would he last? :(

 

The same amount of time as he would if people still went obviously. Unless you think he will refund every unused season ticket for those weeks?

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Guest Roger Kint

I think the massive (negative) publicity would drive him out or at least piss him off enough to go. The alternative is apathy and resignation that this is how it must be.....

 

People have already paid for their season tickets, only way that fans can force him is if they dont buy them on a longer term than that ie at renewal time. One or two no shows are as unlikely to work as they are unlikely to happen.

 

Do you own a ticket?

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I just think we're operating under a massive delusion if we think it's possible for enough fans to stay away for long enough to force a change of ownership. How many would it take? 20k crowds for a whole season? It's just never going to happen. And more than that, I don't blame anyone who wants to continue to enjoy match day.

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Guest Roger Kint

I just think we're operating under a massive delusion if we think it's possible for enough fans to stay away for long enough to force a change of ownership. How many would it take? 20k crowds for a whole season? It's just never going to happen. And more than that, I don't blame anyone who wants to continue to enjoy match day.

 

This. Even if 25000 stayed away til May he has that money, doesnt gain for catering matchdays and ultimately wont lose enough to decide to give away the club for a price where he loses £100m or whatever.

 

Only course of action ticket wise would be to not renew in Feb. Even then financially i see many fans not doing that as like you say people still enjoy going and will use it to save on full price tickets.

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