BlueStar Posted October 9, 2012 Share Posted October 9, 2012 id absolutely love to know how much this is worth a year Telegraph Sport @TelegraphSport Wonga pay #NUFC £4m PA. By our calculations, if Wonga loaned you £4M your annual interest would be £164M (Plus £5.50 transmission fee) Link to post Share on other sites More sharing options...
SEMTEX Posted October 9, 2012 Share Posted October 9, 2012 I don't know much about the controversies regarding the company itself, but purely in terms of aesthetics of the brand, i can't see it looking too bad on the shirt tbh. At least it's vaguely symmetrical, rather than just a 'stick this there then stick 'money' next to it' like the current one. It's a bit of a garish colour but meh, can't see it looking so bad. Agreed. Wonga is an unknown company over here and the mockup of the shirt some pages back looked a damn sight better than the current one with VM as far as I am concerned. On the other hand I can see why fans living in the UK wouldn't be thrilled about walking around with a replica shirt advertising such a dubious company to be fair. Edit: was on about this: http://i49.tinypic.com/33vyyw3.jpg Thats actually not bad tbh. Its just the word 'Wonga' i f***ing hate. If they were called Aon, Standard Chartered, or Investec id be COMPLETELY over the moon, and not just pleased with all this. why ? Because i dont want a s*** word across the front of our tops? does it matter what the word is when they are all very dodgy companies. I'd rather have Shit & co on the shirt if it was a reputable company. theres some style over substance going on here, not to mention snobbery. Style is much more relevant than substance when all people are concerned with is how it will look on the shirt. I'm indifferent about who we take money from. Link to post Share on other sites More sharing options...
nuneaton Posted October 9, 2012 Share Posted October 9, 2012 wasnt it 10 a year with virgin? Link to post Share on other sites More sharing options...
Toon Hoser Posted October 9, 2012 Share Posted October 9, 2012 Well, don't have to wonder if I'll end up shelling out for a strip for the next four years, must be the first time these arseholes have actually saved someone money. Puma can go ahead and put on all the skunk stripes and spikes and slashes they want now. Link to post Share on other sites More sharing options...
Unbelievable Posted October 9, 2012 Share Posted October 9, 2012 Some articles about this deal claim our current VM deal was only worth 3 million a year? In short, who the fuck knows. I trust the club to have made a better deal than the one they ended on their own initiative with VM. Link to post Share on other sites More sharing options...
madras Posted October 9, 2012 Share Posted October 9, 2012 would it be possible to structure a deal in different ways, for example, shirt sponsorship, also money for the academy etc...different monies for different things could make a deal of difference when it comes to the tax man and accounts. Link to post Share on other sites More sharing options...
BlueStar Posted October 9, 2012 Share Posted October 9, 2012 Newcastle North MP slams Wonga tactical error Catherine McKinnell, Member of Parliament for Newcastle North, reacted with shock and dismay at the news that Newcastle United have today entered into a sponsorship deal with pay-day lenders Wonga. Catherine said “Whilst I appreciate the importance of sponsorship to Football clubs, partnering with a pay-day lender is a tactical error. “Pay-day lenders prey on the most vulnerable people in society, namely those on low incomes or unemployed. I know of many cases where constituents have turned to pay-day lenders in desperation and find themselves trapped in a cycle of debt at excessive interest rates of over 4000% per annum. “During this double-dip recession, Wonga have seen their profits soar as many households struggle to make their income stretch to cover the rising costs of living. “I am disappointed that the board has chosen to associate our club, brand and city with practices which too often penalise struggling families. I worry that by associating the club with such a company, it could normalise their practise and plunge many more families into the cycle of debt. Many will see this deal as money from misery. “The Government must take steps to better regulate the consumer lending industry to stop companies taking advantage of people, often at their lowest point, by charging excessive interest rates. There also needs to be much better financial education to enable people to fully understand what a dreadful deal they are being offered. “I would also like to see the Football Association take a firm stance on this issue and extend the ban on alcohol and gambling advertising to include payday loan companies on merchandise for under-18s.” Link to post Share on other sites More sharing options...
nuneaton Posted October 9, 2012 Share Posted October 9, 2012 ashley may be many things, but certainly not a bad businessman. Link to post Share on other sites More sharing options...
Mick Posted October 9, 2012 Share Posted October 9, 2012 Wonga are a shit company and they're only sponsoring us because of the high level of unemployment up here. I'm over the moon that the ground is reverting to it's proper name but I can't seperate that from the company that we'll be helping to shit on even more people. Link to post Share on other sites More sharing options...
JH Posted October 9, 2012 Share Posted October 9, 2012 wasnt it 10 a year with virgin? Nearer 3m. Link to post Share on other sites More sharing options...
nuneaton Posted October 9, 2012 Share Posted October 9, 2012 wasnt it 10 a year with virgin? Nearer 3m. how have those cowboys along the river got 20m ? Link to post Share on other sites More sharing options...
Tiresias Posted October 9, 2012 Share Posted October 9, 2012 Wonga are a s*** company and they're only sponsoring us because of the high level of unemployment up here. I'm over the moon that the ground is reverting to it's proper name but I can't seperate that from the company that we'll be helping to s*** on even more people. Link to post Share on other sites More sharing options...
Fenham Mag Posted October 9, 2012 Share Posted October 9, 2012 Wonga are a shit company and they're only sponsoring us because of the high level of unemployment up here. I'm over the moon that the ground is reverting to it's proper name but I can't seperate that from the company that we'll be helping to shit on even more people. People's option to go with Wonga at the end of the day. Link to post Share on other sites More sharing options...
Guest bimpy474 Posted October 9, 2012 Share Posted October 9, 2012 Newcastle North MP slams Wonga tactical error Catherine McKinnell, Member of Parliament for Newcastle North, reacted with shock and dismay at the news that Newcastle United have today entered into a sponsorship deal with pay-day lenders Wonga. Catherine said “Whilst I appreciate the importance of sponsorship to Football clubs, partnering with a pay-day lender is a tactical error. “Pay-day lenders prey on the most vulnerable people in society, namely those on low incomes or unemployed. I know of many cases where constituents have turned to pay-day lenders in desperation and find themselves trapped in a cycle of debt at excessive interest rates of over 4000% per annum. “During this double-dip recession, Wonga have seen their profits soar as many households struggle to make their income stretch to cover the rising costs of living. “I am disappointed that the board has chosen to associate our club, brand and city with practices which too often penalise struggling families. I worry that by associating the club with such a company, it could normalise their practise and plunge many more families into the cycle of debt. Many will see this deal as money from misery. “The Government must take steps to better regulate the consumer lending industry to stop companies taking advantage of people, often at their lowest point, by charging excessive interest rates. There also needs to be much better financial education to enable people to fully understand what a dreadful deal they are being offered. “I would also like to see the Football Association take a firm stance on this issue and extend the ban on alcohol and gambling advertising to include payday loan companies on merchandise for under-18s.” Ahhh yes the views of MP's of all ilk. Those who tax me on my earnings, my food, my car, my house buy and sale, my clothes, my holidays, my nights out and virtually everything else they can including when i die. Yes i shall take note of that, when that shitbag doesn't pay for nearly anything as its all on expenses. She can shove her plastic outrage up her marmite motorway the fecking bag of shite. Link to post Share on other sites More sharing options...
Mick Posted October 9, 2012 Share Posted October 9, 2012 People's option to go with Wonga at the end of the day. And? People chose to do a lot of things for different reasons, it doesn't make it right and let's be honest nobody would make that choice unless they had to. Link to post Share on other sites More sharing options...
nuneaton Posted October 9, 2012 Share Posted October 9, 2012 Wonga are a s*** company and they're only sponsoring us because of the high level of unemployment up here. I'm over the moon that the ground is reverting to it's proper name but I can't seperate that from the company that we'll be helping to s*** on even more people. People's option to go with Wonga at the end of the day. tend to agree, these people who take these deals are inherently stupid with respect. Link to post Share on other sites More sharing options...
Unbelievable Posted October 9, 2012 Share Posted October 9, 2012 Bimpy Link to post Share on other sites More sharing options...
Guest bimpy474 Posted October 9, 2012 Share Posted October 9, 2012 People's option to go with Wonga at the end of the day. And? People chose to do a lot of things for different reasons, it doesn't make it right and let's be honest nobody would make that choice unless they had to. Not true sometimes Mick, plenty of people go to places like that because they have to have something. They don't need it or cant afford it but they have to have it......we are in a world like that now. Link to post Share on other sites More sharing options...
Guest firetotheworks Posted October 9, 2012 Share Posted October 9, 2012 Newcastle North MP slams Wonga tactical error Catherine McKinnell, Member of Parliament for Newcastle North, reacted with shock and dismay at the news that Newcastle United have today entered into a sponsorship deal with pay-day lenders Wonga. Catherine said “Whilst I appreciate the importance of sponsorship to Football clubs, partnering with a pay-day lender is a tactical error. “Pay-day lenders prey on the most vulnerable people in society, namely those on low incomes or unemployed. I know of many cases where constituents have turned to pay-day lenders in desperation and find themselves trapped in a cycle of debt at excessive interest rates of over 4000% per annum. “During this double-dip recession, Wonga have seen their profits soar as many households struggle to make their income stretch to cover the rising costs of living. “I am disappointed that the board has chosen to associate our club, brand and city with practices which too often penalise struggling families. I worry that by associating the club with such a company, it could normalise their practise and plunge many more families into the cycle of debt. Many will see this deal as money from misery. “The Government must take steps to better regulate the consumer lending industry to stop companies taking advantage of people, often at their lowest point, by charging excessive interest rates. There also needs to be much better financial education to enable people to fully understand what a dreadful deal they are being offered. “I would also like to see the Football Association take a firm stance on this issue and extend the ban on alcohol and gambling advertising to include payday loan companies on merchandise for under-18s.” Ahhh yes the views of MP's of all ilk. Those who tax me on my earnings, my food, my car, my house buy and sale, my clothes, my holidays, my nights out and virtually everything else they can including when i die. Yes i shall take note of that, when that shitbag doesn't pay for nearly anything as its all on expenses. She can shove her plastic outrage up her marmite motorway the fecking bag of s****. :lol: Fuckin' class. Link to post Share on other sites More sharing options...
Wilson Posted October 9, 2012 Share Posted October 9, 2012 "marmite motorway" Link to post Share on other sites More sharing options...
Mick Posted October 9, 2012 Share Posted October 9, 2012 tend to agree, these people who take these deals are inherently stupid with respect. Does these people being “inherently stupid” make taking the piss out of them right? They go with Wonga and the like because nobody else will give them a loan, they don't do it out of choice most of the time, it's out of necessity and that's a big difference. Link to post Share on other sites More sharing options...
Mick Posted October 9, 2012 Share Posted October 9, 2012 Not true sometimes Mick, plenty of people go to places like that because they have to have something. They don't need it or cant afford it but they have to have it......we are in a world like that now. Aye, things like gas, electricity, food etc. We're talking about people who have nothing, not people who are looking for a night at the theatre. Link to post Share on other sites More sharing options...
BlueStar Posted October 9, 2012 Share Posted October 9, 2012 Hope our next sponsor is a heroin dealer. I mean, they're not bad people, it's people's own stupid fault for buying it. Link to post Share on other sites More sharing options...
Incognito Posted October 9, 2012 Share Posted October 9, 2012 People's option to go with Wonga at the end of the day. And? People chose to do a lot of things for different reasons, it doesn't make it right and let's be honest nobody would make that choice unless they had to. Not true sometimes Mick, plenty of people go to places like that because they have to have something. They don't need it or cant afford it but they have to have it......we are in a world like that now. Some do granted, but I'd wager the vast majority don't. Link to post Share on other sites More sharing options...
Mick Posted October 9, 2012 Share Posted October 9, 2012 Hope our next sponsor is a heroin dealer. I mean, they're not bad people, it's people's own stupid fault for buying it. To be honest, some people wouldn't give a shit as long as it doesn't affect them in a negative way. It's even better if they're going to get something out of it. Link to post Share on other sites More sharing options...
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