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The reason there was no transfer fund was that he gave EVERYONE employed at Newcastle United a 30% bonus for being promoted.

 

Is that true? How much is that likely to have amounted to, a few million? Surely it's a stretch to say that's the reason we didn't invest properly in the summer. We pulled £11million out of somewhere in our measly reserves, whilst everyone else presumably dipped into their next June moneys. That's been the difference imo.

 

Well it's obviously not the reason we didn't spend in the Summer.

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Guest firetotheworks

Thinking about it, you could make the case for him deliberately setting an unachievable target as false motivation or ambition, just as much as you could make the case for him genuinely being mentally ill enough to think that there's been enough investment in the team that winning the F.A Cup is very possible. He's just as much a manipulative, pathetic cunt as he is completely bereft of any basic football knowledge.

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Newcastle meanwhile have resolved their bonus row with their players, after Ashley intervened on Thursday. Newcastle’s players will now receive £4 million if they finish 17th and keep the club in the Premier League and the bonus structure will increase incrementally with each league position.

 

However, the real shock for the players was the offer of a £20 million carrot to end Newcastle’s FA Cup drought since 1955. That was the last time Newcastle won the competition, although they have lost in three finals since then.

 

The record in the FA Cup since Ashley took ownership of Newcastle United from the Hall and Shepherd families in 2007, has been poor, with the club failing to get beyond the fourth round in a decade.

 

The club’s board had gone on record to state that survival in the Premier League and the financial implications that went with it meant cup competitions would be lessened in their significance.

 

That, however, changed on Thursday when Ashley intervened and promised the bonus payment from his own money, not from the club’s finances. Ashley has told club officials that the policy u-turn will now see Newcastle throw everything into finally ending their 63-year wait for domestic silverware.

 

:rolleyes:

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Guest neesy111

The fact players were whinging about bonuses, to get a £4m bonus between them just for doing their jobs is a bit of a joke like.

 

It is, but it's standard practice to have them for a professional football club.  It's a joke it's got this far and the players had to force their hands.

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Newcastle meanwhile have resolved their bonus row with their players, after Ashley intervened on Thursday. Newcastle’s players will now receive £4 million if they finish 17th and keep the club in the Premier League and the bonus structure will increase incrementally with each league position.

 

However, the real shock for the players was the offer of a £20 million carrot to end Newcastle’s FA Cup drought since 1955. That was the last time Newcastle won the competition, although they have lost in three finals since then.

 

The record in the FA Cup since Ashley took ownership of Newcastle United from the Hall and Shepherd families in 2007, has been poor, with the club failing to get beyond the fourth round in a decade.

 

The club’s board had gone on record to state that survival in the Premier League and the financial implications that went with it meant cup competitions would be lessened in their significance.

 

That, however, changed on Thursday when Ashley intervened and promised the bonus payment from his own money, not from the club’s finances. Ashley has told club officials that the policy u-turn will now see Newcastle throw everything into finally ending their 63-year wait for domestic silverware.

 

:rolleyes:

 

Out in the 3rd round then.

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The fact players were whinging about bonuses, to get a £4m bonus between them just for doing their jobs is a bit of a joke like.

 

Isn't this exactly the same as what you're always on about with wages? Why shouldn't they be paid the same as other clubs offer their players?

 

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That's not what I mean, that's probably £150-200k a head which is about a month's wage to them. Point is they must have known they'd be getting a bonus so not sure what the fuss was.

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anyone know the statistical odds of winning it? It's basically a sure thing bet for him, very unlikely to happen, drop in the ocean if it does. I really f***ing despise him.

 

Edit: We are 40/1 as far as i can see  :D

 

You can get 50/1 quite easily, I posted a link 2 or 3 pages ago.

 

Again (To everyone, not you): Mike Ashley is not putting up £20m. He's staked £400k @ 50/1 and will use the winnings to pay the players. This saves him over £600k vs what he was going to offer for league placings, ie £1m+ depending on position, which would have been much harder to cover with a bet as the odds of us finishing 17th or greater are nowhere near 50/1. He's a known big-time gambler and I'm as sure as anything I've ever been sure on that this is what he's done.

 

This is not affecting our transfer budget at all

This is not costing Mike Ashley £20m, nor is he risking £20m if we do win it

This is not money we could have spent on players by Rafa, in fact if anything Rafa now has an extra £600k to spend because of this though of course a far more likely outcome is a guesswhowinsagain moment where he just trousers the difference

 

I hate that fat cunt as much as anyone for what he's done to the club, and this offer is still shit for a number of reasons, but let's not pretend this £20m is anything that it's not.

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