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I don't understand what the issue is around the debt.  A company that has debt is worth less due to the debt you take on when you buy it.

 

He got the club for £125m which undervalued the club, so he can't complain about the debt he took on.  Also our debt this season will be under our yearly income so it's easily manageable.

 

Exactly. As if he didn't actually know about the debt when he bought us. It's all smoke and mirrors.

 

I bet this £30 million doesn't come off the debt owed to him, not even a penny of it.

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So he'd rather have his wedge of cash back first and risk the club being relegated again  :lol:

 

He could have taken 10 million and allowed us to spend 23.  Then the season after take another 10 mil and so on and so on.  :undecided:

 

You can comfort yourself a bit by taking this as a desperation for selling the club and take back his investment.

 

It would be foolish to assume he intentions to sell the club given his repeated PR exercises pretending he wants to sell. Even if he states its for sale we shouldn't trust a word that come out of his mouth.

 

It doesn't matter.  The key is as long as their is a loan own to him, that will count as part of the purchase price for the next owner.  So in any case, Ashley will take back his money, just in the form of repayment of loan from the club, or from the next owner.

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The club spending next to no money makes it a talking point. Everyone outside of Newcastle thinks we're a bunch of deluded arseholes.

 

Creating a bit of drama keeps us relevant and therefore advertising shite direct by stealth. If we'd had a reasonable window we'd be in the background drifting to mid table mediocrity. That wouldn't sell Slazenger t shirts

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The club spending next to no money makes it a talking point. Everyone outside of Newcastle thinks we're a bunch of deluded arseholes.

 

Creating a bit of drama keeps us relevant and therefore advertising s**** direct by stealth. If we'd had a reasonable window we'd be in the background drifting to mid table mediocrity. That wouldn't sell Slazenger t shirts

 

3 for a fiver.  Dat quality!

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So he'd rather have his wedge of cash back first and risk the club being relegated again  :lol:

 

He could have taken 10 million and allowed us to spend 23.  Then the season after take another 10 mil and so on and so on.  :undecided:

 

You can comfort yourself a bit by taking this as a desperation for selling the club and take back his investment.

 

It would be foolish to assume he intentions to sell the club given his repeated PR exercises pretending he wants to sell. Even if he states its for sale we shouldn't trust a word that come out of his mouth.

 

This. He's not going to sell this club. We can revisit this in another decade that there's basically no truth in whatever he says.

 

Unless he stops wasting oxygen within this time. Fingers crossed.

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He just can't let us have even an ounce of joy can he?! Any manager we like, support and get behind he undermines and belittles - Keegan, Shearer, Hughton and now Benitez. Yet he gives Pardew, the most loathsome, odious fraud (who we collectively, openly hated) an 8 year contract, and backs McLaren to the hilt.

There's a clear M.O here and I assume it stems from the protests, criticism and insults levelled at him over the past 10 years (fat cockney rapist springs to mind). It's not just that he doesn't give a s*** about the progression of NUFC, it's more than that. It's a calculated process of removing any enjoyment we can derive from supporting our beloved football team.

There may have been more openly awful Premier League football club owners than Ashley but I can't think of any that have been so petty, conniving, deceitful and completely unworthy of the position they hold.

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He just can't let us have even an ounce of joy can he?! Any manager we like, support and get behind he undermines and belittles - Keegan, Shearer, Hughton and now Benitez. Yet he gives Pardew, the most loathsome, odious fraud (who we collectively, openly hated) an 8 year contract, and backs McLaren to the hilt.

There's a clear M.O here and I assume it stems from the protests, criticism and insults levelled at him over the past 10 years (fat cockney rapist springs to mind). It's not just that he doesn't give a s*** about the progression of NUFC, it's more than that. It's a calculated process of removing any enjoyment we can derive from supporting our beloved football team.

There may have been more openly awful Premier League football club owners than Ashley but I can't think of any that have been so petty, conniving, deceitful and completely unworthy of the position they hold.

 

You're giving the fat odious bastard too much credit, he cleared McClaren out when his investment was in danger (albeit too late) and he only kept Pardew because he was a sniveling arse lick who took the flack whilst doing his bidding, all the while finishing in his favourite position of 10th-17th. As far as he was concerned Pardew was a safe pair of hands, don't give the deluded Geordies any hope of ambition but keep his SD shite on the gravy train. All the others you mentioned wanted more for the club, as well they should and all had a level of understanding of what the club deserves.

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I'd love to know what changed at Christmas, like. :lol: Out of morbid curiosity more than anything else.

 

Creased at the idea of him thinking we should have got into the Champions League in 11/12 as well. Absolutely mental beyond all measure, that cunt.

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I'd love to know what changed at Christmas, like. :lol: Out of morbid curiosity more than anything else.

 

Creased at the idea of him thinking we should have got into the Champions League in 11/12 as well. Absolutely mental beyond all measure, that c***.

 

just remember reports of the fat cunt absolutely fuming that he had wasted £9m (?) on cisse as we had only finished 5th.

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I'd love to know what changed at Christmas, like. :lol: Out of morbid curiosity more than anything else.

 

Creased at the idea of him thinking we should have got into the Champions League in 11/12 as well. Absolutely mental beyond all measure, that cunt.

 

IIRC he was supposedly furious that we'd shelled out on Cisse in January and then not qualified.

 

EDIT: added the IIRC there and it cost me. :(

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I'm not just saying this for effect, I think he knows less about football than any person I've ever encountered. It's not just that he knows nothing, it's that he actually know less than that. The likes of Paul Merson would run rings around him in terms of their insight.

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I'd love to know what changed at Christmas, like. [emoji38] Out of morbid curiosity more than anything else.

 

Creased at the idea of him thinking we should have got into the Champions League in 11/12 as well. Absolutely mental beyond all measure, that cunt.

 

IIRC he was supposedly furious that we'd shelled out on Cisse in January and then not qualified.

 

EDIT: added the IIRC there and it cost me. :(

Despite us not even coming close to having spent the Carroll money by then despite it being 18 months later, and then there was the money brought in from the sales of Enrique, Nolan etc that was also untouched. Arsehole had no right expecting anything.
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That's a quality rant tbf. Obviously will be completely ignored by everyone that's not a Newcastle fan.

 

And plenty of them will be on Twitter giving Edwards abuse for writing it.

Two replies out of 22. One's a mackem and other is just a mong. "Stop repeating the same story" blah blah blah

 

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