Jump to content

Recommended Posts

I actually think he came across OK.

 

I know he has done none of us any favours and only appointed Rafa as a last resort to save his flagging Newcastle United investments but, the whole point of this interview was to answer questions that arose as a result of the parliamentary enquiry into working conditions at Sports Direct... 

 

In context that business is enormous and he has tried to retain 100% control over every aspect of it, of course only focusing on the bits that make him money.  Hence the HR and day to day concerns of the people that work for him have not been his priority - until now!  He seems to be trying to correct some of the problems, zero hours contracts are not his idea, they are a thing that seems to have happened and developed over recent years.  These suit some people and don't suit others.  So he says he will give contracts that guarantee a minimum number of hours to anyone who wants one, fair enough?  He pays what the government tell him is the minimum wage, if it was higher he would pay the higher amount, he said it, he does not set these rules.

 

On the topic of him having a wedge of cash in his pocket....  well why not?  He is wealthy, he has risked everything to make his business successful and it paid off.  Some of the things he has done are shady - the float and subsequent buy back for example - has p*ssed off the stock market but, it was not illegal, in the end the stock market itself is as shady as anything he has personally done! 

 

I still hate what he has done to our club but, I don't hate him for being successful at business.

 

I agree, think he came across pretty well tbh.

 

What's happening is positive but he always needs a chinese burn into doing the right thing, usually in retrospect of something awful having to happen. It's just embarrassing for us as much as anything.

Link to post
Share on other sites

He doesn't seem to be very proactive in the running of his businesses, its always the bottom line of cost.  While this is massively important to all businesses, when you have employees working for you then their health and safety should be number 1 priority.

 

He is only reacting to this situation because of the light which has been shed on his awful business practices, he only wants to keep share holders happy.  He is not doing this from the goodness of his heart.   

Link to post
Share on other sites

:lol: "the government set minimum wage, what am I supposed to do?"

 

Pay more than the minimum wage? Especially to those contracted for 30 minutes of work every month. Maybe then you'd get a few non scumbag charvs applying for jobs there.

Link to post
Share on other sites

Choosing the right people to run his businesses his the hardest thing for him to do, but he must be good at it. The current CEO at the training company I work at will close it in 18 months due to him being a complete moron.

Link to post
Share on other sites

Involement

£80,000,000M is one hell of a revenue drop

Didn't sell Coloccini

 

That whole report is just tip of the iceberg stuff for most knowledgeable fans tbh

 

:thup: think it's just beneficial for non-nufc fans to hear this from a non-geordie perspective.

Link to post
Share on other sites

  • 4 weeks later...

http://www.telegraph.co.uk/football/2016/10/20/newcastle-united-reject-foreign-bids-for-club-as-mike-ashley-put/?

 

Newcastle United reject foreign bids for club as Mike Ashley puts up not for sale sign

 

Luke Edwards

20 OCTOBER 2016 • 5:19PM

 

Newcastle United have rejected attempts by foreign investors to buy the club following its relegation to the Championship and are adamant owner Mike Ashley will not contemplate selling despite the financial impact of losing a place in the Premier League.

 

Telegraph Sport understands Chinese consortiums were at the front of the queue of potential buyers  because they believed they would be able to persuade Ashley to sell for a bargain price.

 

There was a widespread assumption abroad that the billionaire would be looking to sell following Newcastle’s catastrophic campaign, which ended with the Magpies relegated for the second time in only seven years.

 

However, the managing director, Lee Charnley, was reassured immediately after relegation that Ashley had no interest in selling and was instructed to reject any attempt to open negotiations. As a result, potential buyers have been dismissed, even those who said they were willing to prove they had the funds needed to tempt Ashley to sell.

 

The message from within St James’ Park is that the club is not for sale this season and it is highly unlikely Ashley will consider looking for a buyer for the foreseeable future.

 

Although he rarely attends games, Ashley is said to be delighted with the way things are going under new manager Rafa Benítez, who has helped repair the fractured relationship between the club and its supporters.

 

For the first time in years, there has been no sign of any protests and St James’ Park has been full for almost every home game.

 

Much of the damage at St James’ Park had been caused by Ashley’s flawed decision making, but he has given Charnley more freedom to run the club in the way Benítez demanded. That has brought an end to a failed recruitment model, while Benítez has been left in charge of the football side of the business.

 

One of the key reassurances given to the Spaniard when he was persuaded to stay after relegation was that Ashley was willing to cover any losses in the Championship, which meant he would not be forced to sell players against his wishes.

 

It is not known how large those losses will be, as Newcastle were able to sell Moussa Sissoko to Tottenham Hostpur for £30m and Georginio Wijnaldum to Liverpool for £25m,which funded their own summer recruitment.

 

Chinese consortiums have been circling around a number of English clubs in recent months, taking control of four in the West Midlands – Aston Villa, Birmingham City, Wolverhampton Wanderers and West Bromwich Albion. Another deal is expected to be ratified in the next few weeks, with Hull City the latest English club to attract buyers from the Far East. Sunderland owner Ellis Short also discussed a possible takeover with a Chinese group, but those talks ended without any sign of an agreement in the summer.

Link to post
Share on other sites

It's a difficult one. Benitez being here and keeping every fucker else pinned to the ground... it just changes everything. If you asked me the question, would you rather Ashley stayed or left I'd probably take the chance and keep things as they are.

 

The policies came above him, but it was Pardew's ineptitude who made Ashley think we couldn't compete. If Benitez is allowed to do his thing we could be a proud club again in spite of Ashley.

Link to post
Share on other sites

It's a difficult one. Benitez being here and keeping every f***er else pinned to the ground... it just changes everything. If you asked me the question, would you rather Ashley stayed or left I'd probably take the chance and keep things as they are.

 

The policies came above him, but it was Pardew's ineptitude who made Ashley think we couldn't compete. If Benitez is allowed to do his thing we could be a proud club again in spite of Ashley.

:thup:
Link to post
Share on other sites

I don't think I'd fancy being owned by a Chinese consortium, they'd be in it for the money over glory and could well ruin a club trying to make the most of failed investment.  Better the devil you know over that. We need a benevolent, money no object, glory hunter, with limitless patience with Nufc to take over from Mike.

Link to post
Share on other sites

Guest
This topic is now closed to further replies.
×
×
  • Create New...