Guest thenorthumbrian Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Link to post Share on other sites More sharing options...
tgarve Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed Link to post Share on other sites More sharing options...
Doug Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? Link to post Share on other sites More sharing options...
tgarve Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? It was included in the accounts . We barely made a profit I don't think. I think this years will give a better idea Link to post Share on other sites More sharing options...
Guest neesy111 Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? It was included in the accounts . We barely made a profit I don't think. I think this years will give a better idea Last years account haven't been submitted yet. Link to post Share on other sites More sharing options...
tgarve Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? It was included in the accounts . We barely made a profit I don't think. I think this years will give a better idea Last years account haven't been submitted yet. That's what I mean then. I'm still sure so far that he hasn't taken money out. Someone would have to confirm that though cos I'm not sure Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted December 2, 2014 Share Posted December 2, 2014 I don't think he has, the test will come now when we're looking at 2 years of decent profit. And then the debate about what level of debt repayment is OK... I'll be on holiday for that. Link to post Share on other sites More sharing options...
magpie1892 Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? Nearer £80m with the prize money for 10th, etc. All gone. Link to post Share on other sites More sharing options...
Unbelievable Posted December 2, 2014 Share Posted December 2, 2014 I don't think he has, the test will come now when we're looking at 2 years of decent profit. And then the debate about what level of debt repayment is OK... I'll be on holiday for that. As long as the interest free nature of the loan/debt is being used as an argument by the club for the non-payment for Sports Direct having been plastered all over SJP I don't think any debt repayment is OK unless the club benefit from it in a tangible way. Link to post Share on other sites More sharing options...
afar Posted December 2, 2014 Share Posted December 2, 2014 Despite all the crap he's subjected us to over the years, I would be more than happy to give him my support IF...... He said look I proven I can make a profit out of running a football club, I'm going to change direction a bit now and try to push the club on. I'll make substantial funds available during the upcoming transfer windows to make the club competitive. I'll not sell our best talent unless a deal comes along that clearly benefits the club and we have suitable replacements recruited immediately. I'll bring in a manager and coaching staff that will challenge the best in this country and ultimately Europe. I'll ensure they have the facilities to make Newcastle United a great club once more. ... sorry was drifting off into a dream I think. The sad thing is that much if not all of this is so achievable for him and wouldn't require a huge outlay of money, he's got the foundations in place at the club. If he made some wise managerial appointments for a change and just invested a little (or even just recycled the money already generated by the club) he could make even more money , you would think as a business man and a gambler he would see the potential to do that. Link to post Share on other sites More sharing options...
cp40 Posted December 2, 2014 Share Posted December 2, 2014 Despite all the crap he's subjected us to over the years, I would be more than happy to give him my support IF...... He said look I proven I can make a profit out of running a football club, I'm going to change direction a bit now and try to push the club on. I'll make substantial funds available during the upcoming transfer windows to make the club competitive. I'll not sell our best talent unless a deal comes along that clearly benefits the club and we have suitable replacements recruited immediately. I'll bring in a manager and coaching staff that will challenge the best in this country and ultimately Europe. I'll ensure they have the facilities to make Newcastle United a great club once more. ... sorry was drifting off into a dream I think. The sad thing is that much if not all of this is so achievable for him and wouldn't require a huge outlay of money, he's got the foundations in place at the club. If he made some wise managerial appointments for a change and just invested a little (or even just recycled the money already generated by the club) he could make even more money , you would think as a business man and a gambler he would see the potential to do that. the profile he and sports direct would gain from a successful NUFC ( and I accept within a sensible financial structure) would be enormous- I dont think he is anywhere near aware how big it can be. Link to post Share on other sites More sharing options...
wyn davies Posted December 2, 2014 Share Posted December 2, 2014 see Rangers fans kicking off already reckon the deal he has for the merchandise is r****g them of cash, nowt new then. Link to post Share on other sites More sharing options...
tgarve Posted December 2, 2014 Share Posted December 2, 2014 see Rangers fans kicking off already reckon the deal he has for the merchandise is r****g them of cash, nowt new then. We're they not going to go bust till he got involved? Link to post Share on other sites More sharing options...
Teasy Posted December 2, 2014 Share Posted December 2, 2014 Ashley has increased United's debts, is taking millions out of the club,is using the St James' as an advertisng hoarding worth millions to him. He is a proven liar, as confirned by an employment tribunal. He uses cheap labour in his factories and employs people in the UK on disgusting zero hour contracts. He is a parasite on Newcastle United, on the Geordie people and it will be the same for Rangers. He is a parasite on humanity. Agree with all of that but I thought he hasnt taken money out of the club bar a small percentage of what he was owed What has happened to all the TV money? over £50M last year alone wasn't it? Nearer £80m with the prize money for 10th, etc. All gone. There should be at least £30m of it unspent, we won't know for sure exactly where it is until we see the latest financial report. Link to post Share on other sites More sharing options...
Unbelievable Posted December 2, 2014 Share Posted December 2, 2014 see Rangers fans kicking off already reckon the deal he has for the merchandise is r****g them of cash, nowt new then. We're they not going to go bust till he got involved? From what I read in that article there was funding for 16 million which was scuppered when he got (more) involved, so no, I don't think so, not immediately anyway. Link to post Share on other sites More sharing options...
Dave Posted December 2, 2014 Share Posted December 2, 2014 I don't think he has, the test will come now when we're looking at 2 years of decent profit. And then the debate about what level of debt repayment is OK... I'll be on holiday for that. Link to post Share on other sites More sharing options...
Unbelievable Posted December 2, 2014 Share Posted December 2, 2014 I don't think he has, the test will come now when we're looking at 2 years of decent profit. And then the debate about what level of debt repayment is OK... I'll be on holiday for that. It's fucking unfathomable people still take this stance. This will be the fourth year of "decent profit". Nothing will happen, except the club continuing to be shafted into oblivion. Link to post Share on other sites More sharing options...
Disco Posted December 2, 2014 Share Posted December 2, 2014 I've already requested the street be closed for the releasing of the next accounts because they're probably going to be the best the footballing world* has ever seen. Best street party NE6 has seen. *actually not a joke, the profit should be unreal with Cabaye+TV. Link to post Share on other sites More sharing options...
sempuki Posted December 2, 2014 Share Posted December 2, 2014 Not sure what he gets out of going to games. Can't be for the scintillating football. Link to post Share on other sites More sharing options...
Ronaldo Posted December 2, 2014 Share Posted December 2, 2014 I'm starting to think Ian genuinely can't be judged by the standards of normal people with reasonable intelligence. Link to post Share on other sites More sharing options...
Big Geordie Posted December 2, 2014 Share Posted December 2, 2014 I reckon NUFC will certainly be posting a profit of £45million+ when the accounts are due in March. He is scheduled to take back £18million sometime soon though, am sure. Link to post Share on other sites More sharing options...
Mattoon Posted December 2, 2014 Share Posted December 2, 2014 I reckon NUFC will certainly be posting a profit of £45million+ when the accounts are due in March. He is scheduled to take back £18million sometime soon though, am sure. I think we could quite conceivably give him his £18m and still post profits north of £30m. They'll be lost somewhere by being accounted for in wages over the duration of contracts or something. There's no way he'll post substantial operating profits, creative accountancy at its best. Link to post Share on other sites More sharing options...
nemtizz Posted December 2, 2014 Share Posted December 2, 2014 https://www.youtube.com/watch?v=d7aQerzD65k Surprised he hasn't done that tbh. Link to post Share on other sites More sharing options...
Decky Posted December 3, 2014 Share Posted December 3, 2014 What's to stop Ashley just taking money out of the club anyway and not repaying the debt at all while he's here? We'd go crazy but he could just do it anyway and not give a fuck couldn't he? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted December 3, 2014 Share Posted December 3, 2014 What's to stop Ashley just taking money out of the club anyway and not repaying the debt at all while he's here? We'd go crazy but he could just do it anyway and not give a fuck couldn't he? If we make profit he can pay himself dividends, aye. But they're taxable so it might be more efficient for him to move money back to his holding company in the form of debt repayments. The amounts involved probably don't make any difference to him anyway, except as a point of principal. Link to post Share on other sites More sharing options...
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