Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Player sales(approx) 2007 & 2008 - £20m 2009 - £27m 2010 - £25m 2011 - £40m 2012 - £10m 2013 - £13m 2014 - £30m 2015 - £10m Sales under Ashley approx £155m. Just a small surplus of £40m ish Link to post Share on other sites More sharing options...
NG32 Posted February 25, 2015 Share Posted February 25, 2015 We have to buy as the squad is so thn at the minute, we will likely lose Sissoko, Tiote and maybe one or two more over the summer. All the costs of these will be covered from player sales, Ashley wont allow any other money to spent. We buy with what we generate from player sales, end of. Link to post Share on other sites More sharing options...
Happy Face 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. Best part of £150m is a strange way of putting £78.2m It doesn't matter if Wages eat up the vast majority of it as it has up until now. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Ignoring a key word like revenue is a strange way of replying to him. Pretty obvious what he means like 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. You brought him up! Not me! Aye well we will see, optimism towards Ashley is just so unfounded these days shocked it still exists Ah, you were referring back 2 posts. Soz. I'm not optimistic about Ashley. See my other post about what he's done wrong. I just don't see the evidence for him pocketing tens of millions of the clubs income people seem to suggest. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Ignoring a key word like revenue is a strange way of replying to him. Pretty obvious what he means like Missed it. Didn't ignore it. TV money is revenue so it was a strange way of phrasing it Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 It was more like £120m anyway mind, not that it matters where Ashley is concerned Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted February 25, 2015 Share Posted February 25, 2015 I'm expecting the biggest face turn ever from Mike this summer - he's going for Cenaesq face status Link to post Share on other sites More sharing options...
Guest dazzanufc1892 Posted February 25, 2015 Share Posted February 25, 2015 I'm expecting the biggest face turn ever from Mike this summer - he's going for Cenaesq face status great reference, zero chance. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Always easier to look like we spend when you ignore the £70M+ we made over various January windows Link to post Share on other sites More sharing options...
Hughesy Posted February 25, 2015 Share Posted February 25, 2015 How is the summer spend relevant? I couldn't give a shit when the money is spent.. Link to post Share on other sites More sharing options...
merlin 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. For heaven's sake - is that overpaid, under-talented Irishman still waffling on about NUFC and trying to justify his publicly-paid existence on a channel funded by Licence payers..? How anyone can have any credence with Anderson's opinions I don't know. Turn the bu---r off..!!! Link to post Share on other sites More sharing options...
Heake Posted February 25, 2015 Share Posted February 25, 2015 Apart from after being relegated we've never really sold big in summer. We've not spent much more than we've recouped either, except last summer. When profits grew. Always easier to look like we spend when you ignore the £70M+ we made over various January windows Yep...You beat me to that one. Its all about context. We`ve continually under invested for years under Ashley now. I would imagine there'll be a few arses in Fenwicks window were he ever to go & provide serious investment in the team / squad before he fucks of into the sunset. We cant compete with the likes of Southampton FFS 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). 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. Conveniently ignoring the mahoosive tv deal Why discount player trading btw? Does that money not count? Link to post Share on other sites More sharing options...
Wallsendmag Posted February 25, 2015 Share Posted February 25, 2015 Maybe if he allowed some other sponsors some coverage inside the stadium at the expense of some of his sports direct adverts the club may well make a profit before player trading. Every other club in the PL has grown their commercial revenue massively in the past 7 years except us. Link to post Share on other sites More sharing options...
Chris_R 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. Conveniently ignoring the mahoosive tv deal Why discount player trading btw? Does that money not count? I struggle to trust these numbers. Remember that Starbucks reported a profit of £1.05m last year. They have 791 stores and that's the first profit they've reported in 17 years. Never underestimate the importance of a decent accountant. I'd be amazed if the numbers NUFC report are anywhere near indicative of the financial performance of the club and everything associated with it. Link to post Share on other sites More sharing options...
Elliottman 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. Conveniently ignoring the mahoosive tv deal Why discount player trading btw? Does that money not count? I struggle to trust these numbers. Remember that Starbucks reported a profit of £1.05m last year. They have 791 stores and that's the first profit they've reported in 17 years. Never underestimate the importance of a decent accountant. I'd be amazed if the numbers NUFC report are anywhere near indicative of the financial performance of the club and everything associated with it. That cant be right surely? 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). 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. Conveniently ignoring the mahoosive tv deal Why discount player trading btw? Does that money not count? I struggle to trust these numbers. Remember that Starbucks reported a profit of £1.05m last year. They have 791 stores and that's the first profit they've reported in 17 years. Never underestimate the importance of a decent accountant. I'd be amazed if the numbers NUFC report are anywhere near indicative of the financial performance of the club and everything associated with it. That cant be right surely? Pre-Tax "profits" for starbucks in the last three accounts. 2012: -30,403,907 2013: -20,465,123 2014: 1,056,196 Link to post Share on other sites More sharing options...
Chris_R Posted February 25, 2015 Share Posted February 25, 2015 They'd have carried on the charade if it wasn't for the uproar in the media when someone noticed they'd paid NO tax at all for nearly 2 decades. So they sheepishly announced a tiny, token profit so they would pay a tiny bit of tax. I'm highlighting Starbucks, but every company uses legal and not so legal means to minimise their tax exposure. I'm sure Newcastle United are no different in that regard. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 How is the summer spend relevant? I couldn't give a shit when the money is spent.. Discussion started with someone laughing at me for thinking we would spend in the summer. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Always easier to look like we spend when you ignore the £70M+ we made over various January windows But the point I was laughed at for was that we will spend in Summer. 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. Conveniently ignoring the mahoosive tv deal Why discount player trading btw? Does that money not count? Because people seem happy enough that we basically spend what we earn from player trading. My point is that there's been nothing in the kitty over and above that to spend. Until now. There were TV deals in place when those results were announced. We've increased outlay since moving into the current TV deal. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 Maybe if he allowed some other sponsors some coverage inside the stadium at the expense of some of his sports direct adverts the club may well make a profit before player trading. Every other club in the PL has grown their commercial revenue massively in the past 7 years except us. Spot on. That's where he deserves criticism. NUFC growth is restricted for the benefit of his shops retail operations and publicity. Link to post Share on other sites More sharing options...
Happy Face Posted February 25, 2015 Share Posted February 25, 2015 They'd have carried on the charade if it wasn't for the uproar in the media when someone noticed they'd paid NO tax at all for nearly 2 decades. So they sheepishly announced a tiny, token profit so they would pay a tiny bit of tax. I'm highlighting Starbucks, but every company uses legal and not so legal means to minimise their tax exposure. I'm sure Newcastle United are no different in that regard. I'm told Newcastle have built up enough losses over the last 2 decades that paying tax on profits isn't really a concern. Link to post Share on other sites More sharing options...
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