Happy Face Posted February 24, 2015 Share Posted February 24, 2015 I never understand that when supporters say they want investment in the team why that is always interpreted by the media and pundits as we want to spend the same as Chelsea and Man City. We all know how far we are behind those clubs financially. But we spend less than virtually every other club in the league and we should be able to compete with most of them as we are much richer than they are. We have the 10th costliest squad. Link to post Share on other sites More sharing options...
pedro111 Posted February 24, 2015 Share Posted February 24, 2015 Pretty much all I have left as a Newcastle fan is this thread. Everytime I see new posts I get a little pang of hope that finally, at last this cunt is selling up or is dead. Straights, thats all I have left. Depressing. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted February 25, 2015 Share Posted February 25, 2015 Even if we did half fancy a cup run, when a culture of mediocrity and surrender is embedded deeply throughout the whole club it's extremely difficult to just switch on ambition whenever you want. Everyone from Ashley down to the cleaners knows that Newcastle's only aim is to avoid relegation. Link to post Share on other sites More sharing options...
loki679 Posted February 25, 2015 Share Posted February 25, 2015 We're making £50m profit a year at the moment. Investing £50m a year into the first team would make a massive difference and that's without sending the club into debt, without borrowing, without stupid installments. Simply investing our profits would see us competing at the right end of the table (including a proper salary for a real manager). Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We're making £50m profit a year at the moment. Investing £50m a year into the first team would make a massive difference and that's without sending the club into debt, without borrowing, without stupid installments. Simply investing our profits would see us competing at the right end of the table (including a proper salary for a real manager). We haven't reported a profit before player trading yet. Operating profit for the last 7 years has been... -29.0m -24.7m -37.7m -33.5m -3.9m -5.1m -0.6m I'd expect us to spend in Summer. Link to post Share on other sites More sharing options...
Andymc1 Posted February 25, 2015 Share Posted February 25, 2015 We're making £50m profit a year at the moment. Investing £50m a year into the first team would make a massive difference and that's without sending the club into debt, without borrowing, without stupid installments. Simply investing our profits would see us competing at the right end of the table (including a proper salary for a real manager). I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif Link to post Share on other sites More sharing options...
Yorkie Posted February 25, 2015 Share Posted February 25, 2015 John Anderson is an absolute turd. Irritates me how the likes of him are privileged with a public voice on matters regarding the club. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Link to post Share on other sites More sharing options...
Andymc1 Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2015 Share Posted February 25, 2015 De Jong's lungs are like a broken airbed. Link to post Share on other sites More sharing options...
Ronaldo Posted February 25, 2015 Share Posted February 25, 2015 Got to remember we only spent last summer because we had nearly £35m incoming from player sales due to Cabaye, Debuchy, Tavernier and the clause for Fraser Forster. Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2015 Share Posted February 25, 2015 We only spend when we sell. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Link to post Share on other sites More sharing options...
Andymc1 Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. We've just made a sizeable profit in the January transfer window man. I can't begin to understand what has brought you to the conclusion that we're all of a sudden about to start splashing the cash. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Made about £40m profit on transfers before January, as if we are going to drastically change our sell to buy policy. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We've just made a sizeable profit in the January transfer window man. I can't begin to understand what has brought you to the conclusion that we're all of a sudden about to start splashing the cash. The first sentence is one of the reasons for the conclusion in your second sentence. I was saying the same thing this time last year too. I thought we would double previous spending and I fell short with that estimate. http://www.toontastic.net/board/topic/34855-clement-grenier/?p=1255479 Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 We only spend when we sell. While unprofitable. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Got to remember we only spent last summer because we had nearly £35m incoming from player sales due to Cabaye, Debuchy, Tavernier and the clause for Fraser Forster. That's been my point all along. For the most part, we spend our profits. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 25, 2015 Share Posted February 25, 2015 Interesting if we extend spending profits on player sales to spending general profits from TV etc. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. a) so we haven't b)what's that got to do with anything? What happened in January then? Or when we sold Cabaye? What got spent then? a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. Link to post Share on other sites More sharing options...
Andymc1 Posted February 25, 2015 Share Posted February 25, 2015 I'd expect us to spend in Summer. http://reactiongif.org/wp-content/uploads/GIF/2014/08/GIF--laughing-funny-LOL-haha-hehe-hilarious-fun-happy-laugh-are-you-kidding-me-Michael-Jordan-GIF.gif You don't think we will? Last summer we spent £12m MORE than we had in the previous FIVE summers COMBINED. Exactly. Last Summer was a one off and certainly wasn't the norm. We have the two Forest lads coming in plus Siem De Jong & Rolando Aarons back from injury. Over the course of the window we'll make a profit. Pretty likely there'll be one 'marquee' sale followed by a couple of players on the cheap in my opinion. Or the previous 4 windows were an exercise in making the club self-sustaining and it will continue to invest the majority of whatever profits there are into new signings. Depsite 10 years of evidence to the contrary? We have spent almost all of our profits on transfers for the past ten years. Except £11m that went on a loan repayment. We'd have spent that on 2 years interest on loans under Shepherd. a) so we haven't b)what's that got to do with anything? What happened in January then? Or when we sold Cabaye? What got spent then? a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. We're about to announce HUGE profits. Come back then please. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Interesting if we extend spending profits on player sales to spending general profits from TV etc. I have no doubt that we will. I often think the anger at Ashley is misdirected. We all hoped that a billionaire owner would start hammering millions of his own money into the team and coaching. Once he had made clear he wouldn't do that then you can take his wealth out of the equation and look at how he runs the club as a self-financed entity. Many people still fixate on wanting his billions spent. In terms of transfers, the self-sustaining approach has been a success, on it's moderate aim of survival. Profits are spent entirely on improving the club either on the field or on the balance sheet. Loans are repaid only if and when the club can afford it having spent just enough on the squad to stay up. As profits grow, so does spending power. The failure of Ashley has been in completely obliterating our advantage over other clubs. They all have the increased TV income as well. But he has dropped Commercial and matchday income to West Ham and Sunderland levels. Retail deals and advertising that benefit his shop ahead of Newcastle United reduce the profits we make and mean a process of stabilisation that could have taken one or 2 years takes 5 years. Link to post Share on other sites More sharing options...
STM Posted February 25, 2015 Share Posted February 25, 2015 We get the best part of 150m from t.v money and revenue, plus 20m from transfer sales ever year but when we "spend" 20 pence on transfers we shoild be thankful. Hate these cunts. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 a) "almost" I said. b) Without an owner or buyer willing to splash millions as a plaything, the club has to be self-sustaining. The fact it is self-sustaining and spends what profits it earns rather than being an Ashley cash cow suggests the bumber profit we report will get reinvested too. Did you see the chart? We spent over £37m after selling Cabaye. The club will still have a large cash surplus. Yes but nobody is talking about Shepherd are they? Where is the TV money then? we can afford to spend that no? Shepherd? You've lost me. TV Money? Up until now? No we can't afford to spend that because it's all been used to cover costs. Operating profit includes TV money and we've reported a loss every year. Again, this is why I expect the bumper profits this year to be followed by a good summer spend. It's also one of the reasons I've always been optimistic about Pardew's replacement. The club can afford to look at starting to grow now, rather than surviving the loss making years. Link to post Share on other sites More sharing options...
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