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NUFC Accounts 2012/13 published: PROFIT - from Page 7


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Guest neesy111

Basically Mike Ashley has made this club smaller in terms of revenue and our standing in the PL.  Nice going you fat cunt.

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Good work HF. As damning as that analysis is, it's not until you compare to our traditional rivals that you realise how badly we have been mismanaged financially (as well as otherwise).

 

Aye someone on Twitter just came out with the global recession excuse, i had to break out this bad boy on him....

 

http://i41.tinypic.com/161l5ao.jpg

 

 

 

Based upon this... Part 2...

 

http://nufc-ashlies.blogspot.co.uk/2014/03/the-myth-of-mike-ashleys-financial.html

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Good work HF. As damning as that analysis is, it's not until you compare to our traditional rivals that you realise how badly we have been mismanaged financially (as well as otherwise).

 

Aye someone on Twitter just came out with the global recession excuse, i had to break out this bad boy on him....

 

http://i41.tinypic.com/161l5ao.jpg

 

 

 

Based upon this... Part 2...

 

http://nufc-ashlies.blogspot.co.uk/2014/03/the-myth-of-mike-ashleys-financial.html

 

That's a good read and well presented  :thup:

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Basically Mike Ashley has made this club smaller in terms of revenue and our standing in the PL.  Nice going you fat c***.

 

But his overall business is doing well.  NUFC is just a cog.

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Basically Mike Ashley has made this club smaller in terms of revenue and our standing in the PL.  Nice going you fat c***.

 

But his overall business is doing well.  NUFC is just a cog.

 

:thup: A well oiled constant advertising campaign.

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For those interested, the accounts are available from companies house now for £1, or you can get them emailed to you for free if you sign up to companycheck.co.uk (you can get all the accounts back to 1992 if you want).

 

Pretty much all the relevant numbers were in the press release. Despite a "profit" the net debt increased by £4.2m (bank overdraft).

 

This bit is new in the related party transactions section:

 

Newcastle United Football Company Limited, a subsidiary of the company, made sales of £1,710,000 (2012 £nil) and purchased goods to the value of £841,000 (2012 £nil) from Sports Direct.com Retail Limited, a company connected with Mr M J W Ashley. These transactions were on normal commercial terms. The balance owing at 30 June 2013 to Sports Direct.com Retail Limited was £217,000.

 

If that £1.7m is most or all of our branded product revenue it's pretty disappointing (was £7.8m in 2006).

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Only the same note from the previous accounts that £18m is due for repayment within one year. Obviously there was no spare cash to pay any off last season, but there almost certainly will be this year.

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  • 4 weeks later...
Of our three core income streams - broadcast, matchday and commercial - it is only our commercial income that we are able to affect to any great degree

 

http://4.bp.blogspot.com/-AB9xEMxPRws/UgfsvEA-gMI/AAAAAAAAG14/2XLQtaJ6HMg/s1600/8+Money+League.jpg

 

Great work over the last 7 years Mike :thup:

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Yeah, another good read. Can't get my head around people who claim he's running us well from a financial perspective at all, or he's saved us from financial ruin. We've been making tidy profits because we're a selling club nowadays that's riding the Premiership/TV money gravy train, not because we're growing the club as a business or doing well on or off the pitch.

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  • 1 month later...

Up from £45m for the previous season

 

http://www.skunkers.net/attachment.php?attachmentid=812&d=1400075323

 

 

Matt McGeehan – Updated 14 May 2014 03:38 PM

 

The league's new £5.5billion broadcast deal meant Cardiff received £62.08million in finishing 20th this term, compared to United's £60.8m for winning the 2012/13 title.

 

Manchester City, who succeeded United as champions on Sunday with a second title in three years, earned £96.5m, with second-placed Liverpool the top earners with £97.5m as a consequence of more of their games being screened live by broadcasters.

 

City's windfall was almost £36m more than United's last term.

 

Manuel Pellegrini's men did not top the league, though, as they appeared in 25 games broadcast in the UK by either Sky Sports or BT Sport, compared to Liverpool's 28.

 

Third-placed Chelsea, United and Arsenal also appeared in 25 live televised games and Cardiff were one of eight teams to appear in 10 live matches.

 

The Welshmen, who returned to the Championship after one season in the top-flight, received over £22m more than QPR did in finishing last in the 2012/13 season.

 

The season was arguably the most exciting in recent memory, with the lead changing hands 25 times and 1,052 goals scored alongside a record stadium occupancy of 95.9 per cent.

 

The total dividends paid out to the 20 competing clubs was £1.56billion, compared to £972m the previous year. The ratio between the top and bottom earning club was 1.57:1.

 

The Premier League Founder Members' Agreement dictates 50 per cent of UK broadcast revenue is split equally, 25 per cent is paid in merit payments depending on the finishing position in the final table - £1.2m was paid for every place - and 25 per cent is paid in facility fees each time a club's matches are broadcast, while all international broadcast revenue, and central commercial revenue, is split equally amongst the 20 clubs.

 

City received £24.72m for finishing first and facility fees of £19.68m; their predecessors as champions United earned £17.30m for finishing seventh and facility fees of £19.68m in a total of £89.1m.

 

The equal share was £21.6m (a rise of 63 per cent on the 2012/13 value of £13.8m), overseas TV revenue was £26.29m and central commercial income of £4.27m to equal £31m (up 61 per cent on the previous year).

 

The Premier League payment in figures:

 

:: The 20 competing clubs earned £1.56billion, compared to £972m in 2012/13.

 

:: Champions Manchester City earned £96.5m (£24.72m for finishing first, facility fees of £19.68m, equal share of £21.6m, overseas TV revenue of £26.29m, central commerical income of £4.27m).

 

:: Manchester United received £60.8m in winning the 2012/13 title and £89.1m in finishing seventh a year later.

 

:: Liverpool, the runners-up, earned £97.5m (£1.2m less than City in merit payments, but £2.21m more in facility payments by virtue of appearing in more televised matches).

 

:: Bottom club Cardiff received £62.08m from their one-season stay in the top flight, compared to QPR's £39.75m the previous year.

 

:: Each club received: £21.6m (equal share), £26.29m (overseas TV revenue), £4.27m (central commercial income).

 

Premier League payments to clubs for 2013/14 (highest-lowest):

 

1 Liverpool £97,544,336

 

2 Man City £96,578,329

 

3 Chelsea £94,106,163

 

4 Arsenal £92,870,080

 

5 Tottenham £89,663,884

 

6 Manchester United £89,161,831

 

7 Everton £85,027,727

 

8 Newcastle £77,379,252

 

9 Southampton £76,915,298

 

10 Stoke £75,679,215

 

11 Swansea £74,173,056

 

12 West Ham £73,671,003

 

13 Crystal Palace £73,207,049

 

14 Aston Villa £72,666,897

 

15 Sunderland £71,700,890

 

16 Hull £67,026,634

 

17 West Brom £65,790,551

 

18 Norwich £64,554,468

 

19 Fulham £63,318,385

 

20 Cardiff £62,082,302

 

Total £1,563,117,350

 

 

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Guest TruToon94

Surely Mike Ashley must realize that if we aimed for top four rather than top ten and got into the Champions League he'd recieve a shit ton more views of Sports Direct branding the world over in the most prestigious competition. He has the money to invest so why doesn't he?

 

I know he hates us but you think a man like him would really want to win and shut us all up on that front? I don't get it, usually that's what these Billionaire types are like, wanting to win. Mike's a very odd man.

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Surely Mike Ashley must realize that if we aimed for top four rather than top ten and got into the Champions League he'd recieve a shit ton more views of Sports Direct branding the world over in the most prestigious competition. He has the money to invest so why doesn't he?

 

I know he hates us but you think a man like him would really want to win and shut us all up on that front? I don't get it, usually that's what these Billionaire types are like, wanting to win. Mike's a very odd man.

 

He can't have the Sports Direct signs on for the CL.

 

I sincerely believe that's the reason he'd want no part of it :lol:

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Guest antz1uk

you know if he gave it a go and actually got into the champions league would anyone have a problem with him being the shirt sponsor?

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