Mike Ashley

[Theregulars]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

[madras]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

[Matt]

One of the local journo's I think should really write an in-depth article properly researched into what he's put in and took out and the look into his future intentions from this.

 

Well the local journo's have zero hope for the last part. As for the rest everything you need is in the club accounts.

 

It would give Lee Ryder a chance to show he's a bit better with numbers than he is with words.

[madras]

One of the local journo's I think should really write an in-depth article properly researched into what he's put in and took out and the look into his future intentions from this.

 

Well the local journo's have zero hope for the last part. As for the rest everything you need is in the club accounts.

 

It would give Lee Ryder a chance to show he's a bit better with numbers than he is with words.

or as bad ?

[Theregulars]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

[madras]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

[Wullie]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Only because he's not paying for his advertising. His main company is 19 times more valuable over the same period though, just as well considering how strapped for cash the poor old soul must be.

[Wullie]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

[madras]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

unless someone is willing to pay him near quarter of a billion.

[BlueStar]

Suggestion of a sit-in after the Hull game gaining momentum on twitter.

[Teasy]

Lots of lovely TV money safely nestling unspent in Ashleys pocket.

 

Not sure if you're serious here, but you're very wrong if you believe that.  Same goes for the people who think Ashley's had what he spent back already, not even close to being close to true.  Still should have money available to invest in players though, there's no excuse for that not happening.

[AyeDubbleYoo]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

unless someone is willing to pay him near quarter of a billion.

 

Can't see Ashley ever making money from owning us, except indirectly through some (hard to quantify) benefit to Sports Direct.

 

Anyway, I believe his decision is much more likely to be made on a whim than for any sound financial reason. He might be slightly more likely to sell once he gets his loan back, but even then I doubt it's going to be a decision made for financial reasons.

[madras]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

unless someone is willing to pay him near quarter of a billion.

 

Can't see Ashley ever making money from owning us, except indirectly through some (hard to quantify) benefit to Sports Direct.

 

Anyway, I believe his decision is much more likely to be made on a whim than for any sound financial reason. He might be slightly more likely to sell once he gets his loan back, but even then I doubt it's going to be a decision made for financial reasons.

don't think he'll make money personally. could well pay him back his loan over a few years then sell at near to his original purchase price.

 

then theres still the free advertising.

[AyeDubbleYoo]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

unless someone is willing to pay him near quarter of a billion.

 

Can't see Ashley ever making money from owning us, except indirectly through some (hard to quantify) benefit to Sports Direct.

 

Anyway, I believe his decision is much more likely to be made on a whim than for any sound financial reason. He might be slightly more likely to sell once he gets his loan back, but even then I doubt it's going to be a decision made for financial reasons.

don't think he'll make money personally. could well pay him back his loan over a few years then sell at near to his original purchase price.

 

then theres still the free advertising.

 

Yeah, that's what I meant by the benefit to Sports Direct. It's not really free advertising, it's probably the most expensive and stressful advertising he could have bought.

[Wullie]

Still astounded that fans who have the club's best interests at heart see fit to keep giving this bloke their money. No-one should be going within ten feet of SJP until he's gone.

 

Well done that man. It's such a simple solution. He's only here to generate mild profit while he looks to sell. Starve sources of profit, he has to make a move.

he's still a long way off from making any sort of profit mind.

 

Even better.

and you really think he'll just cut his losses ?

 

Why would he need to?

unless someone is willing to pay him near quarter of a billion.

 

Can't see Ashley ever making money from owning us, except indirectly through some (hard to quantify) benefit to Sports Direct.

 

Anyway, I believe his decision is much more likely to be made on a whim than for any sound financial reason. He might be slightly more likely to sell once he gets his loan back, but even then I doubt it's going to be a decision made for financial reasons.

 

It's not that hard to quantify. The club is bringing in £13m a year less in sponsorship than it was when he took over, the only club in the league whose commercial revenue has decreased.

 

That advertising has been replaced by his company, which the club pays to provide. He has actively reduced the club's income only to then plead poverty.

[Teasy]

 

Can't see Ashley ever making money from owning us, except indirectly through some (hard to quantify) benefit to Sports Direct.

 

Anyway, I believe his decision is much more likely to be made on a whim than for any sound financial reason. He might be slightly more likely to sell once he gets his loan back, but even then I doubt it's going to be a decision made for financial reasons.

 

Don't believe he'll ever make a profit, but he'll start to recoup what he spent in a major way soon if we keep spending £0 net on players (as in just spending what we bring in from sales).  At the moment we're basically breaking even financially every year, but once the increased TV money starts in 2014 we should be making at least £20-£25m profit (that's without taking the new Wonga deal into account as I'm unsure what its worth).  Its one thing not spending anything net on players when you can at least release accounts showing you aren't pocketing club money.  But what happens if he releases an account showing the club made a £25m profit and he just took it out?  People are talking about protests now.

[Wullie]

If he continues taking money at the same rate he is now, he'll be in profit within five years. Why would he stop at that point?

[Fenham Mag]

If he continues taking money at the same rate he is now, he'll be in profit within five years. Why would he stop at that point?

 

If we get relegated? which seems the only way out at the moment.

[Teasy]

Continues taking money at what rate?  As of the last accounts he hadn't taken any of his original investment back and we have no reason to believe we suddenly have massive excesses of money for him to take.  That obviously could change next year when the improved TV money starts.

[Fenham Mag]

Continues taking money at what rate?  As of the last accounts he hadn't taken any of his original investment back and until the improved TV money comes in next year we have no reason to believe we suddenly have massive excesses of money for him to take.

 

The money fills the hole left by the decreased commercial revenue due to him using the company as a free sponsor vehicle for his pride and joy - Sports Direct.

 

He is indirectly taking money out of the club.

[Guest Roger Kint]

 

It's not that hard to quantify. The club is bringing in £13m a year less in sponsorship than it was when he took over, the only club in the league whose commercial revenue has decreased.

 

That advertising has been replaced by his company, which the club pays to provide. He has actively reduced the club's income only to then plead poverty.

 

Where are you getting this from? Or are you wrongly lumping all commercial income together as being advertising?

[Wullie]

Don't know where you're getting that from. The last accounts showed he took £11m and the same accounts showed that he is due to take another £18m in this accounting period.

[J7]

 

It's not that hard to quantify. The club is bringing in £13m a year less in sponsorship than it was when he took over, the only club in the league whose commercial revenue has decreased.

 

That advertising has been replaced by his company, which the club pays to provide. He has actively reduced the club's income only to then plead poverty.

 

Where are you getting this from? Or are you wrongly lumping all commercial income together as being advertising?

£29million to about £14million a year. Doesn't exactly take a brain surgeon. To think our turnover was higher than Spurs in 2007 too.

[Guest Roger Kint]

 

It's not that hard to quantify. The club is bringing in £13m a year less in sponsorship than it was when he took over, the only club in the league whose commercial revenue has decreased.

 

That advertising has been replaced by his company, which the club pays to provide. He has actively reduced the club's income only to then plead poverty.

 

Where are you getting this from? Or are you wrongly lumping all commercial income together as being advertising?

£29million to about £14million a year. Doesn't exactly take a brain surgeon. To think our turnover was higher than Spurs in 2007 too.

 

Clearly it does as commercial income is not just sponsorship which is the point i was making, genuinely dont know what your post has to do with mine.

[Wullie]

Spurs' has doubled in the same period, ours has halved. Nothing to do with Sports Direct taking all our advertising space though, pure coincidence.