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http://www.dailymail.co.uk/sport/football/article-2648989/Premier-League-TV-bonanza-sees-players-wages-rise-2bn-2-5m-season-man-gap-flight-Championship-widens.html

 

 

Of the £2.5 billion net debt in the Premier League, almost two thirds (£1.6 billion) is in the form of non-interest bearing ‘soft loans’ of which over 90 per cent related to four clubs - Chelsea (£984m), Newcastle United (£266m), Queens Park Rangers (£166m) and Aston Villa (£72m).

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I think that figure is from Deloitte's 2013 football research report amazingly. Looks like they have included the acquisition cost, which I don't think our accounts mark as debt against the club.

 

For some reason, they always talk about Ashley investing £250m+ in the club in a way that implies that is how much we owe him but as you say that includes the purchase price.  I just don't get that as when you buy something you don't say that you are owed for that item.

 

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I think that figure is from Deloitte's 2013 football research report amazingly. Looks like they have included the acquisition cost, which I don't think our accounts mark as debt against the club.

 

Yep - it's annoying that half of that debt has came about during his tenure mostly down to getting relegated through his lunacy! Fat wanker!

 

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Guest chopey

Judging by the standard of signings we are looking to make and the manager we have in place, Ashley really has lost all interest in the football side of the club, I doubt he will even attend any games outside of London next season

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Guest neesy111

Judging by the standard of signings we are looking to make and the manager we have in place, Ashley really has lost all interest in the football side of the club, I doubt he will even attend any games outside of London next season

 

He doesn't attend games when they are in London as well.

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http://www.scotsman.com/sport/football/latest/hearts-sever-ties-with-payday-loan-firm-wonga-1-3443712

 

HEARTS have severed all ties with sponsor Wonga in a bid to distance itself from the controversial payday loans company.

 

The club’s corporate team is understood to be hunting new sponsors for next year - two months after unveiling a new home kit featuring a blank maroon strip in tribute to members of the 1914 Hearts team who lost their lives in the First World War 100 years ago.

 

Wonga said it had agreed to break the partnership with Hearts following talks with the club - despite having years left to run on its contract.

 

It is understood that the perimeter boards advertising Wonga’s name will be removed from Tynecastle ahead of the first game of the season, while the new away kit, which was unveiled earlier this week, was also revealed to be sponsor-free - sporting a Foundation of Hearts crest in place of a sponsorship logo as a ‘thank you’ to fans for helping keep the club alive.

 

Hearts, which is under new ownership in the form of majority shareholder Ann Budge, officially came out of administration on Wednesday.

 

“It sends the signal out that things are moving forward and that things have changed,” said a source close to the club.

 

“Given that the club has just come out of administration and wants to grow its fan base and get the team back to where it wants to be in terms of football, they would prefer a more acceptable shirt sponsor.”

 

Ian Murray, chairman of Foundation of Hearts and Labour MP for Edinburgh South, said the new kit represented Hearts’s return to a respected family club.

 

He said: “The club needs to lead by example and our shirt sponsors should reflect the aspiration to be the best family club in Scotland. Our supporters, who will ultimately own the club, deserve nothing less.”

 

It is believed that Wonga had already drawn up a draft deal for the away strip - before being asked to break the sponsorship agreement it has held with Hearts for the past four years.

 

Wonga, the market leader in the controversial payday lending sector, said it had agreed to walk away from the contract at the end of the season when the decision to remove all logos from the strip offered a “natural point” for the partnership to end.

 

The firm has come under fire from both politicians and consumer groups over the high interest loans it offers to cash-strapped customers, with its sponsorship of Hearts sparking complaints from parents who told football club officials that they did not like their children wearing the logo of a payday loan company on a football shirt.

 

Unveiling the home strip in April, Hearts insisted that the blank shirts were a “mark of respect to the team which went to war”, echoing the plain tops which would have been worn at the time by the team who joined McCrae’s Battalion following the outbreak of the Great War - and claimed that Wonga was “fully in tune with our views”.

 

A spokesman for Wonga insisted it would not rule out forging a new partnership with Hearts in future years, pointing to its support of the club when it was struggling under financial pressures.

 

“The club was clear that it wanted to have no sponsor on the shirt for the season,” said a spokesman for Wonga. “That provided a natural break for our sponsorship. We have an open mind about future sponsorship opportunities and working together, but this seemed like a natural point for us to stand aside.

 

“We had rights to extend the deal, but the club was very keen to take the sponsor off the home shirts, so we agreed to end it.”

 

He added: “We are aware that some people have strong opinions [about Wonga] but we are proud of our years with the club. We have always been very supportive of the club and advanced them some of our sponsorship money during the administration period.”

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http://www.scotsman.com/sport/football/latest/hearts-sever-ties-with-payday-loan-firm-wonga-1-3443712

 

HEARTS have severed all ties with sponsor Wonga in a bid to distance itself from the controversial payday loans company.

 

The club’s corporate team is understood to be hunting new sponsors for next year - two months after unveiling a new home kit featuring a blank maroon strip in tribute to members of the 1914 Hearts team who lost their lives in the First World War 100 years ago.

 

Wonga said it had agreed to break the partnership with Hearts following talks with the club - despite having years left to run on its contract.

 

It is understood that the perimeter boards advertising Wonga’s name will be removed from Tynecastle ahead of the first game of the season, while the new away kit, which was unveiled earlier this week, was also revealed to be sponsor-free - sporting a Foundation of Hearts crest in place of a sponsorship logo as a ‘thank you’ to fans for helping keep the club alive.

 

Hearts, which is under new ownership in the form of majority shareholder Ann Budge, officially came out of administration on Wednesday.

 

“It sends the signal out that things are moving forward and that things have changed,” said a source close to the club.

 

“Given that the club has just come out of administration and wants to grow its fan base and get the team back to where it wants to be in terms of football, they would prefer a more acceptable shirt sponsor.”

 

Ian Murray, chairman of Foundation of Hearts and Labour MP for Edinburgh South, said the new kit represented Hearts’s return to a respected family club.

 

He said: “The club needs to lead by example and our shirt sponsors should reflect the aspiration to be the best family club in Scotland. Our supporters, who will ultimately own the club, deserve nothing less.”

 

It is believed that Wonga had already drawn up a draft deal for the away strip - before being asked to break the sponsorship agreement it has held with Hearts for the past four years.

 

Wonga, the market leader in the controversial payday lending sector, said it had agreed to walk away from the contract at the end of the season when the decision to remove all logos from the strip offered a “natural point” for the partnership to end.

 

The firm has come under fire from both politicians and consumer groups over the high interest loans it offers to cash-strapped customers, with its sponsorship of Hearts sparking complaints from parents who told football club officials that they did not like their children wearing the logo of a payday loan company on a football shirt.

 

Unveiling the home strip in April, Hearts insisted that the blank shirts were a “mark of respect to the team which went to war”, echoing the plain tops which would have been worn at the time by the team who joined McCrae’s Battalion following the outbreak of the Great War - and claimed that Wonga was “fully in tune with our views”.

 

A spokesman for Wonga insisted it would not rule out forging a new partnership with Hearts in future years, pointing to its support of the club when it was struggling under financial pressures.

 

“The club was clear that it wanted to have no sponsor on the shirt for the season,” said a spokesman for Wonga. “That provided a natural break for our sponsorship. We have an open mind about future sponsorship opportunities and working together, but this seemed like a natural point for us to stand aside.

 

“We had rights to extend the deal, but the club was very keen to take the sponsor off the home shirts, so we agreed to end it.”

 

He added: “We are aware that some people have strong opinions [about Wonga] but we are proud of our years with the club. We have always been very supportive of the club and advanced them some of our sponsorship money during the administration period.”

Well done Hearts.
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I'd rather not buy a shirt that puts money in his pocket in the first place. Canny addition if people somehow ended up buying the kit like

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Guest reefatoon

This has to be a wind up. I know a percentage of our fans are totally blinkered to what is going on, but fucking hell this bloke who commented on a Chronicle story must surely win the Thickest fan ever award.

 

Daley • 4 hours ago

Everytime a transfer window comes around, Newcastle United fans plead for Mike Ashley to splash the cash. But Mike has already put a lot of his money into the club for little or no reward. Have a glance at the following:

1.Mapou Yanga Mbiwa - 8.5m. Huge waste of money, worst player I've ever seen in a Newcastle shirt. People say he is being played out of position but I've seen him in three different positions and he hasn't impressed in either. People say he is a centre back but this is arguably his worst position judging on displays on Tyneside. Only position he looks comfortable in is the substitutes bench.

2. Massadio Haidara - 2m. More famous for a tackle being made on him than any actual footballing ability. Enough said.

3. Gabiel Obertan -3m. Winger who offers nothing - no goals,no assists

4. Xisco - 5.8m. 11 games, one goal.

5. All the youngsters - Fabio Zamblera, Haris Vuckic, Tamas Kadar, Ole Soderberg, Wesley Ngo Baheng, Ben Tozer, Gael Bigirimana....all of these young players came to the club with great expectations each for around 1m and none will be at SJP for the opening day of next season.

Don't blame Mike for wanting to be more careful with who we sign.

 

Absolutely unbelievable.

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This has to be a wind up. I know a percentage of our fans are totally blinkered to what is going on, but f***ing hell this bloke who commented on a Chronicle story must surely win the Thickest fan ever award.

 

Daley • 4 hours ago

Everytime a transfer window comes around, Newcastle United fans plead for Mike Ashley to splash the cash. But Mike has already put a lot of his money into the club for little or no reward. Have a glance at the following:

1.Mapou Yanga Mbiwa - 8.5m. Huge waste of money, worst player I've ever seen in a Newcastle shirt. People say he is being played out of position but I've seen him in three different positions and he hasn't impressed in either. People say he is a centre back but this is arguably his worst position judging on displays on Tyneside. Only position he looks comfortable in is the substitutes bench.

2. Massadio Haidara - 2m. More famous for a tackle being made on him than any actual footballing ability. Enough said.

3. Gabiel Obertan -3m. Winger who offers nothing - no goals,no assists

4. Xisco - 5.8m. 11 games, one goal.

5. All the youngsters - Fabio Zamblera, Haris Vuckic, Tamas Kadar, Ole Soderberg, Wesley Ngo Baheng, Ben Tozer, Gael Bigirimana....all of these young players came to the club with great expectations each for around 1m and none will be at SJP for the opening day of next season.

Don't blame Mike for wanting to be more careful with who we sign.

 

Absolutely unbelievable.

Surname must be Ashley. Or fucking thick idiot.
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All the youngsters - Fabio Zamblera, Haris Vuckic, Tamas Kadar, Ole Soderberg, Wesley Ngo Baheng, Ben Tozer, Gael Bigirimana....all of these young players came to the club with great expectations each for around 1m and none will be at SJP for the opening day of next season.

 

THis has to be a piss take  :lol: :lol:

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This has to be a wind up. I know a percentage of our fans are totally blinkered to what is going on, but f***ing hell this bloke who commented on a Chronicle story must surely win the Thickest fan ever award.

 

Daley • 4 hours ago

Everytime a transfer window comes around, Newcastle United fans plead for Mike Ashley to splash the cash. But Mike has already put a lot of his money into the club for little or no reward. Have a glance at the following:

1.Mapou Yanga Mbiwa - 8.5m. Huge waste of money, worst player I've ever seen in a Newcastle shirt. People say he is being played out of position but I've seen him in three different positions and he hasn't impressed in either. People say he is a centre back but this is arguably his worst position judging on displays on Tyneside. Only position he looks comfortable in is the substitutes bench.

2. Massadio Haidara - 2m. More famous for a tackle being made on him than any actual footballing ability. Enough said.

3. Gabiel Obertan -3m. Winger who offers nothing - no goals,no assists

4. Xisco - 5.8m. 11 games, one goal.

5. All the youngsters - Fabio Zamblera, Haris Vuckic, Tamas Kadar, Ole Soderberg, Wesley Ngo Baheng, Ben Tozer, Gael Bigirimana....all of these young players came to the club with great expectations each for around 1m and none will be at SJP for the opening day of next season.

Don't blame Mike for wanting to be more careful with who we sign.

 

Absolutely unbelievable.

Surname must be Ashley. Or fucking thick idiot.

 

Makes you wonder what the fuck Graeme Carr's up to - some shite in there mind.

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"I would also like to remind people that Athletico Madrid were perceived as a mid table club who follow our business model and who are now la Liga champions who also reached the CL final! But that doesn't matter. All that matters is that you slag off your beloved club. As I have said on many occasions, some 'fans' hatred of Ashley has outstripped their love of the toon. Any good news is treat with derision and any not so good is a reason to go nuclear.......At xmas we were 4pts behind Liverpool, so the basics are there, just some acute aquisistions and fine tuning coupled with a bit of patience is required. We are primed for take off in the next couple of seasons and actually the envy of a lot of clubs around Europe."

 

So much  :anguish:

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