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Mike Ashley


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You can get all you need to know from the first and last set of figures in the article.

 

2001 - 22 games, income £24.9

2014 - 22 games, income £25.9

 

Both seasons we had 3 home cup games and finished slap bang in the middle of the table. Matchday revenue has gone up by only £1m over 13 years, 4% overall, around 0.3% per year.

 

In that time (in less time than that in fact) Spurs have more than doubled their matchday income from a starting point significantly below ours to one nearly £20m ahead of us today.

 

 

YAY!!! let's charge Spurs prices :)

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Honestly not sure what that graph's meant to show except a net zero spend over 8 seasons, and that we made a big transfer profit selling Cabaye in 2014 knowing we were already making a massive profit in that season.

 

The 13/14 profit we announce won't be a surprise which is why we spent over £21m in 14/15.

 

The actual profit will be £50m+

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You can get all you need to know from the first and last set of figures in the article.

 

2001 - 22 games, income £24.9

2014 - 22 games, income £25.9

 

Both seasons we had 3 home cup games and finished slap bang in the middle of the table. Matchday revenue has gone up by only £1m over 13 years, 4% overall, around 0.3% per year.

 

In that time (in less time than that in fact) Spurs have more than doubled their matchday income from a starting point significantly below ours to one nearly £20m ahead of us today.

 

 

24.9m in 2001 is about 36m today

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You can get all you need to know from the first and last set of figures in the article.

 

2001 - 22 games, income £24.9

2014 - 22 games, income £25.9

 

Both seasons we had 3 home cup games and finished slap bang in the middle of the table. Matchday revenue has gone up by only £1m over 13 years, 4% overall, around 0.3% per year.

 

In that time (in less time than that in fact) Spurs have more than doubled their matchday income from a starting point significantly below ours to one nearly £20m ahead of us today.

 

 

YAY!!! let's charge Spurs prices :)

 

Or, you know, we could make more because we have 16000 more seats.

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Guest Roger Kint

Honestly not sure what that graph's meant to show except a net zero spend over 8 seasons, and that we made a big transfer profit selling Cabaye in 2014 knowing we were already making a massive profit in that season.

 

The 13/14 profit we announce won't be a surprise which is why we spent over £21m in 14/15.

 

The actual profit will be £50m+

 

How can he link last summer transfers to our profit with a straight face? Its almost as though Cabaye was never sold for about that amount just 6 months earlier :lol:

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Honestly not sure what that graph's meant to show except a net zero spend over 8 seasons, and that we made a big transfer profit selling Cabaye in 2014 knowing we were already making a massive profit in that season.

 

The 13/14 profit we announce won't be a surprise which is why we spent over £21m in 14/15.

 

The actual profit will be £50m+

 

How can he link last summer transfers to our profit with a straight face? Its almost as though Cabaye was never sold for about that amount just 6 months earlier :lol:

 

You don't think the £21m net spend in 14/15 had something to do with turning a £30m+ Operating profit in 13/14?

 

 

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Guest Roger Kint

Honestly not sure what that graph's meant to show except a net zero spend over 8 seasons, and that we made a big transfer profit selling Cabaye in 2014 knowing we were already making a massive profit in that season.

 

The 13/14 profit we announce won't be a surprise which is why we spent over £21m in 14/15.

 

The actual profit will be £50m+

 

How can he link last summer transfers to our profit with a straight face? Its almost as though Cabaye was never sold for about that amount just 6 months earlier :lol:

 

You don't think the £21m net spend in 14/15 had something to do with turning a £30m+ Operating profit in 13/14?

 

 

 

We sold Cabaye for £17m in that same year, something you are ignoring. Its a £4m net spend plus we raked in another £10m 6 months later but yeah lets ignore that too as it also fucks your bizarre argument. No idea why you insist on banging this drum ad nauseum

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Because people disagree that spending goes up with profits and seem to think Ashley is pocketing money from transfers.  Just because you have cash in your pocket it doesn't mean it needs spent immediately.  Everyone has been raging about january and the need to spend to survive, but we're as good as safe with 10 games left.  Summer is the time to spend as it drives season ticket sales and starts the season on a high.  Throwing money around in January only leaves less available in the summer.

 

I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher.

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Nice that the club can take money off people at the start of the season, then once its safe in the league, it just gives up and expects people to be happy with it.

 

Any, NUFC isnt a football club anymore.  Its just advertising space.

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Does the oily Keith Bishop fella have more of a role at the club than just PR Guru? He seems to be at every home game and is looking on smugly, sitting next to the two fatties.

 

He'll be advising Carver on what to say to the media.

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Guest Roger Kint

 

I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher.

 

In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that.

 

Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition.

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I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher.

 

In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that.

 

Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition.

That's basically what I've been saying. Nufc has been hamstrung by limited spending while it waits to turn an operating profit and pay off repayable debt.

 

Now that has been achieved we can spend everything we earn after costs.

 

 

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I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher.

 

In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that.

 

Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition.

 

I kinda get where HF is coming from - but you are right in that we have to ignore the other 17 clubs in the premier league getting huge incomes, its irrelevent to Ashley.

 

With that in mind, its been painfully obvious that MA will not spend a penny more than the club makes and bar the first 2 summers signings will always follow sales or cash inflow (and the signings may not be immediately after). Now that we have made a large operating profit there is every chance that (if you go on history being the best indicator of future actions) we will show a decent net spend in the summer. Will the full profit be spend on transfers? Probably not as remember no money is spent in advance of receiving cash so increases in wages will also be funded from this profit.

 

There will still be a gap between what we spend and what clubs who operate with debt can/will spend - but it will be interesting to see how many clubs use this years TV money to reduce debts or how many banks call in some of the debts now that everyone is cash rich.

 

Over the long term things have to balance out, so if huge debts are built up by other clubs now there will come a time where either they need to start paying them back or a buy out happens and the debts get wiped out. No debt will be sustained forever.

 

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Matthew 7:15-16

 

Beware of false profits, which come to you in sheep's clothing, but inwardly they are ravening wolves.

Ye shall know them by their fruitless transfer windows.

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Let me try to put it this way.  Its taken 8 years but Ashley has now got a club in the position he always claimed it needed to be in order to compete.

 

There have been excuses that deserved some degree of credence throughout his painful and destructive  ownership.

 

Now there are none whatsoever.

He either starts to deliver a superior product on the field or the small number that were willing to stick with him on the terms of his 'vision' will dessert him too.

 

I am hopeful he proves us all wrong and builds a club as successful as his shop.

 

Though I remain doubtful.

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Matthew 7:15-16

 

Beware of false profits, which come to you in sheep's clothing, but inwardly they are ravening wolves.

Ye shall know them by their fruitless transfer windows.

I don't remember saying that this morning, then again I was a bit hungover.

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If I for one minute thought this was all a master plan to get us into a position where he was going to spend properly I might buy into that...but there is no chance. It'll be same as always.

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