Heron Posted September 24, 2017 Share Posted September 24, 2017 Link to post Share on other sites More sharing options...
gdm Posted September 24, 2017 Share Posted September 24, 2017 Where is this Facebook NDA talk coming from? Read a mag article that states that it was in the times. The mag has gone right downhill mind Link to post Share on other sites More sharing options...
gdm Posted September 24, 2017 Share Posted September 24, 2017 http://www.themag.co.uk/2017/09/mike-ashley-talks-buyers-newcastle-signing-non-disclosure-agreements-newcastle-united/ https://www.thetimes.co.uk/edition/sport/ashley-cuts-newcastle-asking-price-to-380m-029rv7ch6 Link to post Share on other sites More sharing options...
loki679 Posted September 24, 2017 Share Posted September 24, 2017 Reckon that 20m off will really make a difference to Facebook, like. Link to post Share on other sites More sharing options...
Charlies Posted September 28, 2017 Share Posted September 28, 2017 http://www.chroniclelive.co.uk/sport/football/transfer-news/new-mike-ashley-accounts-suggest-13689062 New Mike Ashley accounts suggest money is available to Newcastle United for transfers Newcastle United owner Mike Ashley's company Mash Holdings leave statement in the accounts pledging £80m for transfers COMMENTS BYCHRIS WAUGHGRAEME WHITFIELD 15:39, 28 SEP 2017 TAP TO PLAY HOW CLOSE IS MIKE ASHLEYTO SELLING NEWCASTLE? Get Newcastle United FC updates directly to your inbox + Subscribe Mike Ashley says he has “committed” to spending £80m on transfers at Newcastle United - suggesting the club has a kitty of around £60m when the transfer window re-opens. The statement comes in accounts for Mash Holdings, the company that controls Mr Ashley’s holdings in Newcastle United, Sports Direct and a range of other companies. It is not clear from the accounts whether the £80m commitment is Mr Ashley saying what he has actually spent in the last three transfer windows or whether this is money he has made available for the club to spend. Mike Ashley (Image: PA) But given that it is thought the club has spent around £100m in that period and recouped about £80m - giving a net spend of approximately £20m - it suggests that around £60m could be available for future transfers. Newcastle United and Sports Direct have both been approached for comment but have not replied. Both the club and Mr Ashley faced criticism for fans at the end of this summer for not sufficiently backing manager Rafa Benitez in the transfer window. ADVERTISEMENT The statement on transfer funds comes in annual accounts for Mash Holdings for the 12 months ending April 26, 2016. It is contained in a section on “post-balance sheet events”, meaning that it is likely to be describing potential spending in the last three transfer windows. It says: “Subsequent to the balance sheet date, the club has committed to a further net spend of approximately £80m on additions to the playing squad.” READ MOREWhat is Mash Holdings? Take a look at Mike Ashley's main company A later note in the accounts says the club generated a net surplus of approximately £40m in the last three transfer windows - thought to be mostly from the sale of Moussa Sissoko and Georginio Wijnaldum - though it adds that “a substantial proportion of the player sales are on deferred terms and will be received over the next three to four years.” The accounts essentially cover the 2015-16 season, when United were releated from the Premier League, and highlight the cost of that “hugely disappointing” result, with media revenue falling 6% to £72.7m and the club’s wages to turnover ratio increasing significantly as it brought in new players and sacked manager Steve McClaren.The accounts say that “results for 2017 will reflect the significant financial impact of relegation”, and also outline how United’s debt - in the form of interest free loans from Mr Ashley - increased from £80.7m to £127.3m. Mr Ashley’s problems were not confined to the playing field, with his Sports Direct empire reporting a “disappointing financial result” which he attributes to a “tough trading environment”. Overall Mash Holdings saw its turnover rise slightly to top £3bn but group profit almost halved to £277.7m. The company employed 18,500 people, a growth of around 1,000 from the year before, with the majority in Sports Direct stores. Link to post Share on other sites More sharing options...
SEMTEX Posted September 28, 2017 Share Posted September 28, 2017 fuck off Link to post Share on other sites More sharing options...
Mole_Toonfan Posted September 28, 2017 Share Posted September 28, 2017 So why wasn't it spent then? bloke is a lieing piece of shit. Link to post Share on other sites More sharing options...
Eddy Chibas Posted September 28, 2017 Share Posted September 28, 2017 though it adds that “a substantial proportion of the player sales are on deferred terms and will be received over the next three to four years.” Relating to money due to be received from the Sissoko & Wijnaldum sales. A three to four year wait (for staggered instalment payments) is a dead weight caveat for any manager (Rafa) looking to make a splash in the transfer market. Given that we only spend what's in the bank our policy of paying upfront in full (for players), and receiving fees in installments, pretty much restricts our ability to compete in the transfer market by design (or deliberately). It's why the surplus generated during the relegation Summer should be discounted, when evaluating Rafa's spending power in the short-term, and why calls along the lines of "but we have the Sissoko Money" should be thrown in the bin as fantasy talk. Link to post Share on other sites More sharing options...
Guest neesy111 Posted September 28, 2017 Share Posted September 28, 2017 So why wasn't it spent then? bloke is a lieing piece of shit. Link to post Share on other sites More sharing options...
NG32 Posted September 28, 2017 Share Posted September 28, 2017 So why didnt shit cunt borrow the money and pay back with the installments. Saying as his stupidity fucking relegated us anyway. Tit. Link to post Share on other sites More sharing options...
Dave Posted September 28, 2017 Share Posted September 28, 2017 So a company he owns paid him £36m based on his own valuation of some property he owned. Doesn't have any money though, and can't get any. Link to post Share on other sites More sharing options...
SEMTEX Posted September 28, 2017 Share Posted September 28, 2017 lets see what he can do in january man Link to post Share on other sites More sharing options...
Mole_Toonfan Posted September 28, 2017 Share Posted September 28, 2017 lets see what he can do in january man #wait Link to post Share on other sites More sharing options...
Dave Posted September 28, 2017 Share Posted September 28, 2017 Can't spend money we don't have, not even in exceptional circumstances. Link to post Share on other sites More sharing options...
Dave Posted September 28, 2017 Share Posted September 28, 2017 Must have found a rich wallpaper collector. Link to post Share on other sites More sharing options...
Wallsendmag Posted September 29, 2017 Share Posted September 29, 2017 Hmm. A couple of days ago there was talk of him wanting to extend Rafa's contract and today the talk is of £60m being made available for transfers in January. To say I'm sceptical would be an understatement. Link to post Share on other sites More sharing options...
NG32 Posted September 29, 2017 Share Posted September 29, 2017 I'm waiting for the "we tried but Rafa wanted to leave"...empty offers that were never available in the first place. Link to post Share on other sites More sharing options...
Collage Posted September 29, 2017 Share Posted September 29, 2017 Link to post Share on other sites More sharing options...
NG32 Posted September 29, 2017 Share Posted September 29, 2017 We've seen and heard it all before. Wasn't there some stupid comments about them trying to KK to stay or wanted him to stay 10 years ago when it all kicked off. They are so predictable. Link to post Share on other sites More sharing options...
Matt Posted September 29, 2017 Share Posted September 29, 2017 What a load of nonsense from the Chronicle. The comment reflects the total net amount spent on transfers in the period from the balance sheet date to the date of the accounts (April 2016 to September 17). Now £80m net spend sounds high, but it's worth remembering how many of those fees now quoted as gospel were ever officially confirmed by either party. Link to post Share on other sites More sharing options...
gdm Posted September 30, 2017 Share Posted September 30, 2017 http://www.chroniclelive.co.uk/sport/football/football-news/chinese-interest-newcastle-united-stepped-13696132 Link to post Share on other sites More sharing options...
Taylor Swift Posted September 30, 2017 Share Posted September 30, 2017 What a load of nonsense from the Chronicle. The comment reflects the total net amount spent on transfers in the period from the balance sheet date to the date of the accounts (April 2016 to September 17). Now £80m net spend sounds high, but it's worth remembering how many of those fees now quoted as gospel were ever officially confirmed by either party. It could be the net cash outlay as the Sissoko and Wijnaldum cash will be coming in over 3-4 years. Those two were £55m together, if we only 25% of the cash then it’s only £14m. That’s a cash deficit of £41m plus incoming transfers, I could see it being close to £80m. Of course it’s just typical of the way the club and Ashley dress things up. Link to post Share on other sites More sharing options...
Guest chopey Posted September 30, 2017 Share Posted September 30, 2017 http://www.chroniclelive.co.uk/sport/football/football-news/chinese-interest-newcastle-united-stepped-13696132 Thanks for posting because I love going onto the Chronicle website and if you really dig deep inside the adverts and read the story that is so expertly written it tells you the grand total of fuck all. Link to post Share on other sites More sharing options...
gdm Posted September 30, 2017 Share Posted September 30, 2017 http://www.chroniclelive.co.uk/sport/football/football-news/chinese-interest-newcastle-united-stepped-13696132 Thanks for posting because I love going onto the Chronicle website and if you really dig deep inside the adverts and read the story that is so expertly written it tells you the grand total of fuck all. Tbf I tried copying and pasting but 1, fucked my phone up trying to select all the txt and 2 I'm at work so tough shit Link to post Share on other sites More sharing options...
Guest chopey Posted September 30, 2017 Share Posted September 30, 2017 http://www.chroniclelive.co.uk/sport/football/football-news/chinese-interest-newcastle-united-stepped-13696132 Thanks for posting because I love going onto the Chronicle website and if you really dig deep inside the adverts and read the story that is so expertly written it tells you the grand total of f*** all. Tbf I tried copying and pasting but 1, f***ed my phone up trying to select all the txt and 2 I'm at work so tough s*** Link to post Share on other sites More sharing options...
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