Belfast Mags Posted March 19, 2014 Share Posted March 19, 2014 Thoughts Link to post Share on other sites More sharing options...
buzza Posted March 20, 2014 Share Posted March 20, 2014 I think Ashley is preparing us for a stock market flotation That statement makes a lot of sense... He has experience doing it with SD, he can't find a buyer, NUFC has bags of potential and could really become a popular club again with success, he wants his 240 mill back... Whoever was in charge of administrating the club might have a much more positive outlook o n the way we were run... PLEASE!!! Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted March 20, 2014 Share Posted March 20, 2014 Don't see it - share prices are indicitive of future performance (or projected performance), you would be looking to maiximse income streams in preparation for a floatation. Cost control like we've seen at NUFC points more to a full sale than a floatation Link to post Share on other sites More sharing options...
mrmojorisin75 Posted March 20, 2014 Share Posted March 20, 2014 Don't see it - share prices are indicitive of future performance (or projected performance), you would be looking to maiximse income streams in preparation for a floatation. Cost control like we've seen at NUFC points more to a full sale than a floatation that's what i was thinking, said it better than i was going to - we're not a good investment, not at all Link to post Share on other sites More sharing options...
AlanSkÃrare Posted March 20, 2014 Share Posted March 20, 2014 Don't see it - share prices are indicitive of future performance (or projected performance), you would be looking to maiximse income streams in preparation for a floatation. Cost control like we've seen at NUFC points more to a full sale than a floatation I don't think it points to either. I think it points to self-financing. We're structured to aid "the group structure". The group consists of us and Sports Direct among others and is Ashley's personal revenue stream. He's getting wealthier because of this arrangement. He's not looking to sell. Link to post Share on other sites More sharing options...
Guest JS Posted March 20, 2014 Share Posted March 20, 2014 Don't see it - share prices are indicitive of future performance (or projected performance), you would be looking to maiximse income streams in preparation for a floatation. Cost control like we've seen at NUFC points more to a full sale than a floatation I don't think it points to either. I think it points to self-financing. We're structured to aid "the group structure". The group consists of us and Sports Direct among others and is Ashley's personal revenue stream. He's getting wealthier because of this arrangement. He's not looking to sell. Not an expert on stock markets and all that jazz, but what's stopping him offering shares and advertising space if it's making SD more money at the moment? Would Ashley accept selling, say, 25% of the club and advertising space for a big chunk of money? Surely if SD profits have went up and could be pinned to increased exposure in the premier league, with the club also becoming self sustainable to a degree, that would be an attractive proposition for an investor? Just want rid of this fucking bandit now Link to post Share on other sites More sharing options...
AlanSkÃrare Posted March 20, 2014 Share Posted March 20, 2014 Don't see it - share prices are indicitive of future performance (or projected performance), you would be looking to maiximse income streams in preparation for a floatation. Cost control like we've seen at NUFC points more to a full sale than a floatation I don't think it points to either. I think it points to self-financing. We're structured to aid "the group structure". The group consists of us and Sports Direct among others and is Ashley's personal revenue stream. He's getting wealthier because of this arrangement. He's not looking to sell. Not an expert on stock markets and all that jazz, but what's stopping him offering shares and advertising space if it's making SD more money at the moment? Would Ashley accept selling, say, 25% of the club and advertising space for a big chunk of money? Surely if SD profits have went up and could be pinned to increased exposure in the premier league, with the club also becoming self sustainable to a degree, that would be an attractive proposition for an investor? Just want rid of this f***ing bandit now That money would have to be the equivalent of what he expects to earn from Sports Direct in the forthcoming years - i.e. how much the free marketing is valued at. In my mind there's no point in investing heavily in an entity (this case club) that is a) already heavily associated with and branded by another brand - there'd be an immediate conflict of interests between Ashley and the parties. b) not expecting or aiming to grow, but rather being conciously handicapped by it's majority shareholder and his self-inflicted debt. Link to post Share on other sites More sharing options...
Unbelievable Posted March 20, 2014 Share Posted March 20, 2014 We're now a very profitable company like. Link to post Share on other sites More sharing options...
Varadi Posted March 21, 2014 Share Posted March 21, 2014 Selling the land behind the Gallowgate apparently: https://www.facebook.com/nufctrust/posts/10152291220643905:0 Link to post Share on other sites More sharing options...
LesPaul Posted March 21, 2014 Share Posted March 21, 2014 Anything to make a few more pound. No need to worry about what trouble this might cause down the line. Link to post Share on other sites More sharing options...
Elliottman Posted March 21, 2014 Share Posted March 21, 2014 Its on the front of the Chronicle, havent had a chance to read it yet. Link to post Share on other sites More sharing options...
NUFC_Chris Posted March 21, 2014 Share Posted March 21, 2014 Had no idea they'd done that! Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 21, 2014 Share Posted March 21, 2014 No doubt this sale won't find it's way back to the club. We are officially being asset stripped now imo. Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 21, 2014 Share Posted March 21, 2014 http://www.chroniclelive.co.uk/news/north-east-news/mike-ashley-accused-selling-newcastle-6858859 Link to post Share on other sites More sharing options...
KDT Posted March 21, 2014 Share Posted March 21, 2014 Those who've cancelled their season ticket have brought this onto the club. Link to post Share on other sites More sharing options...
Big Geordie Posted March 21, 2014 Share Posted March 21, 2014 More asset stripping. The club is shrinking right before our very eyes. Link to post Share on other sites More sharing options...
NEEJ Posted March 21, 2014 Share Posted March 21, 2014 Fat fucking cunt. Link to post Share on other sites More sharing options...
captainhaircut Posted March 21, 2014 Share Posted March 21, 2014 He's a twat but it's somewhat irrelevant. The only way that's getting extended is if we get taken over by someone who cares and if that happens they can buy the land back. Am I right in thinking the proposed expansion only adds 8k as well? With the TV money nowadays, that's next to nothing in terms of new revenue. Link to post Share on other sites More sharing options...
Big Geordie Posted March 21, 2014 Share Posted March 21, 2014 Aye, but it's not just about the 8000 extra seats. There were plans for a hotel, casino and conference centre (which would be owned by the club) Extra revenue down the pan. Link to post Share on other sites More sharing options...
NG32 Posted March 21, 2014 Share Posted March 21, 2014 Oh well. All Hope begins to die. Link to post Share on other sites More sharing options...
Unbelievable Posted March 21, 2014 Share Posted March 21, 2014 He's a t*** but it's somewhat irrelevant. The only way that's getting extended is if we get taken over by someone who cares and if that happens they can buy the land back. Am I right in thinking the proposed expansion only adds 8k as well? With the TV money nowadays, that's next to nothing in terms of new revenue. What? And break whatever new building was constructed there down? Link to post Share on other sites More sharing options...
AlanSkÃrare Posted March 21, 2014 Share Posted March 21, 2014 This is a fucking tragedy, the club's fading away. The Benjamin Buttons of football clubs. Link to post Share on other sites More sharing options...
sempuki Posted March 21, 2014 Share Posted March 21, 2014 Fat f***ing c***. This but the word "greedy" should be in there. Link to post Share on other sites More sharing options...
Guest reefatoon Posted March 21, 2014 Share Posted March 21, 2014 The sooner this cunt bursts the better. Link to post Share on other sites More sharing options...
Interpolic Posted March 21, 2014 Share Posted March 21, 2014 He's a t*** but it's somewhat irrelevant. The only way that's getting extended is if we get taken over by someone who cares and if that happens they can buy the land back. Am I right in thinking the proposed expansion only adds 8k as well? With the TV money nowadays, that's next to nothing in terms of new revenue. What? And break whatever new building was constructed there down? Link to post Share on other sites More sharing options...
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