mrmojorisin75 Posted May 23, 2015 Share Posted May 23, 2015 problem with that douglas article is while the theory might be right, and he might want out to concentrate on raping people for money over property instead, the issue will be there's simply no way he'll sell that club at a loss imo and no-one is giving him 250-300m for it either Exactly - he might shift focus away from football but he's not going to flush millions of pounds down the toilet. As the article says, there are clubs better placed than us that can't be sold at the moment. I think the only way the club can be sold is if there is a sale price and the interest free loan is converted into a "normal loan" with the debt saddled on the club. Or some horrible clauses regarding advertising at al. Ashley's not going to lose a penny, out of spite. is this a potential reason for building up stockpiles of cash within the club? we had 34m in 2014 so lets assume that'll increase between now and the next results to june 2015 and we've got say 60m in the bank; could he be wanting to say to potential buyers pay 250m for the club but you'll have 60m cash in the bank when you buy it to spend on whatever you like? he gets his money back, the buyers effectively get the club cheaper.... I don't know how these things work but it'd make more sense than him taking the cash out and having to take the tax hit maybe? Link to post Share on other sites More sharing options...
Mattoon Posted May 23, 2015 Share Posted May 23, 2015 http://www.telegraph.co.uk/sport/football/teams/newcastle-united/11625434/Newcastle-United-the-experts-verdict-This-club-is-rotten-from-the-top-down.html Good article. f***ing Les Ferdinand, man. When did he become such an ignorant c***? I was reading this last night and shaking my head in disbelief every time I read LF. He's so far disconnected from the club he's just regurgitating cliché. "Be careful what you wish for?" Aye fuck off! Some local "experts" doing a complete 180 on their earlier comments there like. I appreciate what they're saying nut it sounds a bit hollow after they've previously backed the ownership. Rob Lee though, love the guy! Link to post Share on other sites More sharing options...
Raconteur Posted May 23, 2015 Share Posted May 23, 2015 Not really. Once we relegated, the club value would take a serious hit and this actually reduce his wealth already. And, if we are further relegated, he would realize eventually he would get nothing in return from us and he would fire sale at a very low price. in short, one relegation may not be enough, but two would do it. Lets prepare for life in League One. I don't agree - his wealth would only be effected as the value of an illiquid asset dropped, but since that money is already tied up there's no need to let the asset go. And if he splits the sale price and keeps the loan separate, then it would only be the sale price that would drop and the loan would continue to hang over our heads. Conceivably, we could get relegated to a pub league and still have his 117 million debt (or whatever it is) attached to the club. I think he'd be more disinclined to sell. You're assuming he'll cut his losses at some point. I think the way he runs the club assures he will cut our cloth to wherever we are and then (continue to) stick two fingers up at the fans whatever league we are in. Link to post Share on other sites More sharing options...
Tsunami Posted May 23, 2015 Share Posted May 23, 2015 He's got that much money he really doesn't need to sell us until he gets bored. He could sell us for a massive loss and he wouldn't notice the difference other than it being a figure. Problem is that he'll simply not do that, if we go down I really do think he'll find a way of loaning us more money making us even less attractive to potential buyers. Unless we go down another division or so I think we're stuck with him for the foreseeable future. It would take a major campaign to get the thick skinned, malicious git out of the club. Link to post Share on other sites More sharing options...
STM Posted May 23, 2015 Share Posted May 23, 2015 I'm pretty convinced he had no intention of selling the club when we got relegated in 09. I see no reason why he would do it now. Link to post Share on other sites More sharing options...
Mattoon Posted May 23, 2015 Share Posted May 23, 2015 I'm pretty convinced he had no intention of selling the club when we got relegated in 09. I see no reason why he would do it now. Absolutely this, if he "puts the club up for sale" it's because he wants us off his back, that's all he did it for last time and it worked. Link to post Share on other sites More sharing options...
Ronaldo Posted May 23, 2015 Share Posted May 23, 2015 Barry Moat didn't float his boat. Link to post Share on other sites More sharing options...
Mattoon Posted May 23, 2015 Share Posted May 23, 2015 Barry Moat didn't float his boat. .... go get your coat. Link to post Share on other sites More sharing options...
Adam Posted May 23, 2015 Share Posted May 23, 2015 https://www.youtube.com/watch?v=23d0TwN7Hd8 Link to post Share on other sites More sharing options...
David Icke - Son of God Posted May 23, 2015 Share Posted May 23, 2015 Nee Kendrick, like Link to post Share on other sites More sharing options...
bowlingcrofty Posted May 23, 2015 Share Posted May 23, 2015 Tomorrows rags saying he'll be at the game and he's opening up SJP for a Sports Direct party in midweek. Link to post Share on other sites More sharing options...
sempuki Posted May 23, 2015 Share Posted May 23, 2015 Tomorrows rags saying he'll be at the game and he's opening up SJP for a Sports Direct party in midweek. He might get a few boos like. Link to post Share on other sites More sharing options...
olliemort Posted May 23, 2015 Share Posted May 23, 2015 I was just thinking he's a brave man going to the match tomorrow but then again what are the fans going to do anyways....give him a wave probably Link to post Share on other sites More sharing options...
Dogmatix Posted May 23, 2015 Share Posted May 23, 2015 You just know that WHEN or IF he sells up,that he will do his damnedest to fit us up with some entity much worse Link to post Share on other sites More sharing options...
Dave Posted May 23, 2015 Share Posted May 23, 2015 http://www.express.co.uk/sport/football/579521/Newcastle-United-owner-Mike-Ashley-St-James-Park EXCLUSIVE: Newcastle United owner Mike Ashley to face angry fans at St. James’ Park NEWCASTLE UNITED owner Mike Ashley will place himself in the front line at St. James’ Park today as the club fights for its Premier League future. By JOHN RICHARDSON PUBLISHED: 22:30, Sat, May 23, 2015 Ashley who has missed recent games as the relegation heat intensified has decided to attend this afternoon’s crunch Tyneside game against West Ham. A Newcastle insider told Sunday Express Sport: “It’s a huge game - one of the biggest in years - and Mike feels it’s important he comes up to give his support to the management and the players.” Ashley who has been subjected to a fans’ campaign to remove him knows that things could turn nasty if Newcastle are relegated for the second time during his controversial reign. But he is prepared to front everybody up hoping that Newcastle are still a Premier League club at 5pm. Ashley is believed to be fuming about the situation Newcastle find themselves in and has promised big changes and investment in the summer. He knows he has to find a new manager following Alan Pardew’s departure and John Carver’s appalling record since taking over on an interim basis. Newcastle are still likely to go foreign in their pursuit of a new boss especially after former England manager Steve McClaren rejected overtures from the Toon on two occasions. The continual links with Newcastle are likely to cost McClaren his job at Derby. Link to post Share on other sites More sharing options...
Dave Posted May 23, 2015 Share Posted May 23, 2015 Hope some radgee does him in. Link to post Share on other sites More sharing options...
Guest axel Posted May 23, 2015 Share Posted May 23, 2015 Hope a horde of people run World War Z style up to where he sits and murders him in front of Charnley. Link to post Share on other sites More sharing options...
Robster Posted May 23, 2015 Share Posted May 23, 2015 I hope they murder him using Charnley. Link to post Share on other sites More sharing options...
Carlito Posted May 23, 2015 Share Posted May 23, 2015 https://www.youtube.com/watch?v=ZynloVJaO3Q Link to post Share on other sites More sharing options...
nemtizz Posted May 24, 2015 Share Posted May 24, 2015 If we were a real club someone would shoot a flare right into his eyeball tomorrow. Link to post Share on other sites More sharing options...
DJ_NUFC Posted May 24, 2015 Share Posted May 24, 2015 http://www.express.co.uk/sport/football/579521/Newcastle-United-owner-Mike-Ashley-St-James-Park EXCLUSIVE: Newcastle United owner Mike Ashley to face angry fans at St. James’ Park NEWCASTLE UNITED owner Mike Ashley will place himself in the front line at St. James’ Park today as the club fights for its Premier League future. By JOHN RICHARDSON PUBLISHED: 22:30, Sat, May 23, 2015 Ashley who has missed recent games as the relegation heat intensified has decided to attend this afternoon’s crunch Tyneside game against West Ham. A Newcastle insider told Sunday Express Sport: “It’s a huge game - one of the biggest in years - and Mike feels it’s important he comes up to give his support to the management and the players.” Ashley who has been subjected to a fans’ campaign to remove him knows that things could turn nasty if Newcastle are relegated for the second time during his controversial reign. But he is prepared to front everybody up hoping that Newcastle are still a Premier League club at 5pm. Ashley is believed to be fuming about the situation Newcastle find themselves in and has promised big changes and investment in the summer. He knows he has to find a new manager following Alan Pardew’s departure and John Carver’s appalling record since taking over on an interim basis. Newcastle are still likely to go foreign in their pursuit of a new boss especially after former England manager Steve McClaren rejected overtures from the Toon on two occasions. The continual links with Newcastle are likely to cost McClaren his job at Derby. So according to this article, McLaren fucked himself royally by flirting with us and turning us down, angering both us and Derby into leaving him without employment completely? Link to post Share on other sites More sharing options...
afar Posted May 24, 2015 Share Posted May 24, 2015 http://www.express.co.uk/sport/football/579521/Newcastle-United-owner-Mike-Ashley-St-James-Park EXCLUSIVE: Newcastle United owner Mike Ashley to face angry fans at St. James’ Park NEWCASTLE UNITED owner Mike Ashley will place himself in the front line at St. James’ Park today as the club fights for its Premier League future. By JOHN RICHARDSON PUBLISHED: 22:30, Sat, May 23, 2015 Ashley who has missed recent games as the relegation heat intensified has decided to attend this afternoon’s crunch Tyneside game against West Ham. A Newcastle insider told Sunday Express Sport: “It’s a huge game - one of the biggest in years - and Mike feels it’s important he comes up to give his support to the management and the players.” Ashley who has been subjected to a fans’ campaign to remove him knows that things could turn nasty if Newcastle are relegated for the second time during his controversial reign. But he is prepared to front everybody up hoping that Newcastle are still a Premier League club at 5pm. Ashley is believed to be fuming about the situation Newcastle find themselves in and has promised big changes and investment in the summer. He knows he has to find a new manager following Alan Pardew’s departure and John Carver’s appalling record since taking over on an interim basis. Newcastle are still likely to go foreign in their pursuit of a new boss especially after former England manager Steve McClaren rejected overtures from the Toon on two occasions. The continual links with Newcastle are likely to cost McClaren his job at Derby. So according to this article, McLaren f***ed himself royally by flirting with us and turning us down, angering both us and Derby into leaving him without employment completely? I hope they are right. Link to post Share on other sites More sharing options...
Peppe Posted May 24, 2015 Share Posted May 24, 2015 http://www.express.co.uk/sport/football/579521/Newcastle-United-owner-Mike-Ashley-St-James-Park EXCLUSIVE: Newcastle United owner Mike Ashley to face angry fans at St. James’ Park NEWCASTLE UNITED owner Mike Ashley will place himself in the front line at St. James’ Park today as the club fights for its Premier League future. By JOHN RICHARDSON PUBLISHED: 22:30, Sat, May 23, 2015 Ashley who has missed recent games as the relegation heat intensified has decided to attend this afternoon’s crunch Tyneside game against West Ham. A Newcastle insider told Sunday Express Sport: “It’s a huge game - one of the biggest in years - and Mike feels it’s important he comes up to give his support to the management and the players.” Ashley who has been subjected to a fans’ campaign to remove him knows that things could turn nasty if Newcastle are relegated for the second time during his controversial reign. But he is prepared to front everybody up hoping that Newcastle are still a Premier League club at 5pm. Ashley is believed to be fuming about the situation Newcastle find themselves in and has promised big changes and investment in the summer. He knows he has to find a new manager following Alan Pardew’s departure and John Carver’s appalling record since taking over on an interim basis. Newcastle are still likely to go foreign in their pursuit of a new boss especially after former England manager Steve McClaren rejected overtures from the Toon on two occasions. The continual links with Newcastle are likely to cost McClaren his job at Derby. "Finally!" Link to post Share on other sites More sharing options...
Ronaldo Posted May 24, 2015 Share Posted May 24, 2015 Just put on SSN and the first thing I see is my mum and aunty holding an Ashley Out banner. So proud. Link to post Share on other sites More sharing options...
sempuki Posted May 24, 2015 Share Posted May 24, 2015 He will piss people off big time by attending and won't exactly help create a positive atmosphere. Hopefully it kicks off. Link to post Share on other sites More sharing options...
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