Mike Ashley

[Optimistic Nut]

I know Joselu was a few days after, but he was just giving us a glimpse of the benefits and weaknesses of having the transfer window end before the start of the season. Don't know what the fuss is. Great stuff him offering us as a guinea pig.

[Sima]

 

Who would the club go to, some little runt in his family?

 

One of his (two?) daughters? 

 

 

[Si]

If every ST holder throws in £10k, we could buy out Ashley.

 

If every Season Ticket holder throws in £10 we could have him killed

[NG32]

Newcastle fans owning the club wouldn't be much better than Ashley owning it.  Fans can never agree on anything as this forum shows.

 

We could agree and nominate someone to run the club like a president, we all have our clubs best interests at heart.

 

Its never going to happen anyway.

 

[Guest neesy111]

Aye, it wasn't a serious suggestion

 

Although cp40 is right - we are well supported enough to have 250,000 supporters that could throw in £1,600 each which would be enough to buy him out. Works out even less if you let some people throw in more for a slightly bigger percentage.

 

Just needs someone else with a bit more wealth to front the group and the time to take it on.

 

The only downside of course is the club would need on-going investment.

 

51/49 partnership with someone like the bundesliga model would be interesting.

[cp40]

Ashley could actually do all that himself and tap into that well, to fund it while retaining majority share- why not- because he has no desire to see the club succeed, it literally is deliberate.

[AfroP]

http://www.bbc.co.uk/news/uk-england-derbyshire-41095682

 

So one of his cockney mafia that used to be in charge of the club is a thieving lying git

what a surprise

[Sean]

I think looking into what went on at Rangers might give us a better idea of what is likely going on in regards to our club.

 

Something relevant from a Telegraph Article in 2014:

 

On the day before the Somers email, it was revealed that Nash and Wallace had been targeted because they had opposed a deal which would have given Ashley the rights to Rangers’ club crest and trademark in return for emergency funding, a proposition which the pair did not believe represented sound commercial value for the club.

Ashley, meanwhile, had helped bring about another financial crisis at Ibrox, first by refusing to take part in Rangers’ equity issue in August and then by increasing his holding through a private share purchase which meant that his money would not go into the club. As The Daily Telegraph revealed on Monday, Ashley also gave up the naming rights to Ibrox stadium – notoriously acquired for £1 from the Charles Green consortium which brought Rangers out of liquidation in 2012 – but in exchange for significant commercial and advertising rights within the ground.

Another deal with Green channelled Rangers’ merchandising through Sports Direct outlets and gave Ashley even more influence over the club’s financial health.

 

I dread to think of what he'd done or going to do to us in the future. Fucking parasite.

 

 

[AyeDubbleYoo]

Rangers were lucky, they already knew what kind of person he was. We thought it was good to have a billionaire British owner

[Sean]

Rangers were lucky, they already knew what kind of person he was. We thought it was good to have a billionaire British owner

 

Yep, but we know what he's about now unfortunately.

 

Something about this Barnes cunt here:

 

 

 

Mr Barnes, has been acting on a wide number of legal matters on behalf of Sports Direct for a number of years.

 

He was one of the key people responsible for fashion shop group USC when it was put into pre-pack administration and subsequently bought back by Sports Direct debt-free.

 

 

HeraldScotland:

 

Philip Duffy of Duff and Phelps claimed at the Scottish Affairs Select Committee last year that Mr Barnes, who he said looked after all the brands in the Sports Direct group, was one of two members of a senior management team that ignored advice from the administrators Duff and Phelps to inform staff at a Scottish warehouse that they could lose their jobs.

 

MPs on the Scottish Affairs Select Committee were told by Philip Duffy of Duff and Phelps last year that he had held meeting with Mr Barnes and another executive Benjamin Gardener, at which he recommended that staff should be informed sooner rather than later.

 

USC's lack of consultation led to Dave Forsey, the Sports Direct chief executive facing criminal charges over the termination procedures, and he was accused of failing to inform the Business Secretary in advance.

 

HeraldScotland:

 

Mr Duffy (above)  told the select committee: “We arranged a meeting with the company on the morning of the 9th [of January 2015]. On the morning of the 9th, we offered to give them [Mr Gardener and Mr Barnes] draft letters of consultation, saying, ‘You should be giving these to your employees.’ “We said, ‘We can prepare draft letters.’ We weren’t advising them. We said, ‘We think that you should do a consultation. Here are some standard letters that we would use in insolvency situations.’”

 

 

Four days later 79 permanent staff and 166 agency or zero-hour contract workers their posts at Dundonald, South Ayrshire were given only 15 minutes’ notice, despite USC executives allegedly receiving draft letters in advance.

 

In April, a bid to dismiss a criminal charge against Sports Direct's chief executive following the collapse of fashion retailer USC was rejected.

 

He is accused of breaching section 194 of the Trade Union and Labour Relations (Consolidation) Act 1992 along with Robert Palmer, an administrator of USC. Both pleaded not guilty.

 

 

Sounds like he should be in prison tbh. There must be some dirt on these charlatans that'll catch up with them.

 

 

[AyeDubbleYoo]

It's such a weird feeling to have something you love so much associated with such fucking awful people.

 

I guess a lot of football fans are used to this feeling now.

[Dave]

It's such a weird feeling to have something you love so much associated with such fucking awful people.

 

I guess a lot of football fans are used to this feeling now.

 

That's why he's laughing all the way to the bank; it's a captive audience.

[Begbie]

I heard on Norwegian tv that they suggested that Mike Ashley didnt want to spend money because our squad is suppose to be good enough to stay in the Premier League. They showed paralels on how he do his business normaly, that he buys companies and if they are doing bad he is trying to stabilise them and sell them on the next year with a small profit. Can it be that he is hoping to sell us next season?

 

We can only dream, I have now lost my last litle faith in this fat bastard..

[TRon]

I think looking into what went on at Rangers might give us a better idea of what is likely going on in regards to our club.

 

Something relevant from a Telegraph Article in 2014:

 

On the day before the Somers email, it was revealed that Nash and Wallace had been targeted because they had opposed a deal which would have given Ashley the rights to Rangers’ club crest and trademark in return for emergency funding, a proposition which the pair did not believe represented sound commercial value for the club.

Ashley, meanwhile, had helped bring about another financial crisis at Ibrox, first by refusing to take part in Rangers’ equity issue in August and then by increasing his holding through a private share purchase which meant that his money would not go into the club. As The Daily Telegraph revealed on Monday, Ashley also gave up the naming rights to Ibrox stadium – notoriously acquired for £1 from the Charles Green consortium which brought Rangers out of liquidation in 2012 – but in exchange for significant commercial and advertising rights within the ground.

Another deal with Green channelled Rangers’ merchandising through Sports Direct outlets and gave Ashley even more influence over the club’s financial health.

 

I dread to think of what he'd done or going to do to us in the future. Fucking parasite.

 

 

 

We've been relegated twice and seen our brand diminished to small club level. He's been doing it for the past decade, we just didn't click on until it was too late, Rangers managed to get the blocks in before he got his claws sunk in.

[NG32]

He's been afforded a lot of leeway by the fans.

 

If people haven't woken up now then he has won.

[tmonkey]

I heard on Norwegian tv that they suggested that Mike Ashley didnt want to spend money because our squad is suppose to be good enough to stay in the Premier League. They showed paralels on how he do his business normaly, that he buys companies and if they are doing bad he is trying to stabilise them and sell them on the next year with a small profit. Can it be that he is hoping to sell us next season?

 

We can only dream, I have now lost my last litle faith in this fat b******..

 

Absolutely no chance he's looking to sell. He's making all sorts of money from owning NUFC is my guess - probably a bunch of Freddie Shepherd type deals we don't know about (e.g. leasing an empty warehouse from his brother for £0.5m a year). That's before we start considering NUFC being a giant Sports Direct advert for free, and all the high ranking jobs within the club he gives to his unqualified and inexperienced golfing/casino/drinking buddies.

[quayside]

I heard on Norwegian tv that they suggested that Mike Ashley didnt want to spend money because our squad is suppose to be good enough to stay in the Premier League. They showed paralels on how he do his business normaly, that he buys companies and if they are doing bad he is trying to stabilise them and sell them on the next year with a small profit. Can it be that he is hoping to sell us next season?

 

We can only dream, I have now lost my last litle faith in this fat b******..

I can believe anything of Ashley. A scenario whereby he will sell fits the recent events. One problem with the club going on the market as it is is that there is a debt of at least £140 million owed to Ashley in the balance sheet. That is not attractive to a potential buyer. The tactic could be to spend the bare minimum now and use any surplus cash plus the £100 million odd that comes later with the tv deal to wipe the debt. It will be a lot easier to sell with a debt free balance sheet I think. If this is the case then he is of course gambling that we will do the necessary to avoid relegation. A relegated club is worth nowhere near as much as one that is in the EPL

 

On the other hand the explanation could be any of the other theories put up on this forum.......

 

[xLiaaamx]

Apperantly he'll take 33 million of the TV money out to cover what he lost last year. Cunt.

[Sean]

I think looking into what went on at Rangers might give us a better idea of what is likely going on in regards to our club.

 

Something relevant from a Telegraph Article in 2014:

 

On the day before the Somers email, it was revealed that Nash and Wallace had been targeted because they had opposed a deal which would have given Ashley the rights to Rangers’ club crest and trademark in return for emergency funding, a proposition which the pair did not believe represented sound commercial value for the club.

Ashley, meanwhile, had helped bring about another financial crisis at Ibrox, first by refusing to take part in Rangers’ equity issue in August and then by increasing his holding through a private share purchase which meant that his money would not go into the club. As The Daily Telegraph revealed on Monday, Ashley also gave up the naming rights to Ibrox stadium – notoriously acquired for £1 from the Charles Green consortium which brought Rangers out of liquidation in 2012 – but in exchange for significant commercial and advertising rights within the ground.

Another deal with Green channelled Rangers’ merchandising through Sports Direct outlets and gave Ashley even more influence over the club’s financial health.

 

I dread to think of what he'd done or going to do to us in the future. Fucking parasite.

 

 

 

We've been relegated twice and seen our brand diminished to small club level. He's been doing it for the past decade, we just didn't click on until it was too late, Rangers managed to get the blocks in before he got his claws sunk in.

 

Yep. It can and will still get a lot worse though unfortunately I feel.

[quayside]

Apperantly he'll take 33 million of the TV money out to cover what he lost last year. c***.

 

Hadn't heard that.

[Sean]

Somehow we need the level of opposition he faced at Rangers here. It's doubtful that we can ever achieve that though.

[Sean]

Apperantly he'll take 33 million of the TV money out to cover what he lost last year. c***.

 

Hadn't heard that.

 

Wheres this from?

[NG32]

Apperantly he'll take 33 million of the TV money out to cover what he lost last year. c***.

 

And that was his fault again. 

 

If he built a team that was focused on pushing for 7th and 8th every season, he would be set for guaranteed income of TV money every year without the threat of relegation and losing massive revenue streams.

 

Its such a stupid thought process.    I'm starting to come round to the idea that this is deliberate vandalism of the club.

[Sean]

He should be putting £33 million in for advertising not taking it out.

[Sean]

Apperantly he'll take 33 million of the TV money out to cover what he lost last year. c***.

 

And that was his fault again. 

 

If he built a team that was focused on pushing for 7th and 8th every season, he would be set for guaranteed income of TV money every year without the threat of relegation and losing massive revenue streams.

 

Its such a stupid thought process.    I'm starting to come round to the idea that this is deliberate vandalism of the club.

 

Its clearly deliberate. He fucking hates us.