Alan Pardew

[AyeDubbleYoo]

Yes in revenue, in debt, in anything you care to use to measure it. We're the 20th richest club in world football and the 6th richest in England in terms of revenue. We are also guaranteed at least 25 million pounds extra tv revenue in the next twelve months which will propel us up that world table.

 

Yes, but we have over £100m in debt and up until a couple of years ago were losing £30m+ a year. That's a fact isn't it? So either we need affordable debt sources or Ashley needs to use his own money.

 

Or the club could spend its own money instead of being used to repay the debt. You said yesterday it was unacceptable for him to be withdrawing his debt, now you're saying it's fine.

 

I think it's acceptable for him to take some debt repayments out... repaying debt is part of a company's operations.It's pretty hard to argue about specific amounts though.

 

To their own owner?

 

Just saying "we've got masses of debt" is a misrepresentation. It's like me taking £1000 out of my savings and putting it in my current account, and claiming I have debt problems. I don't. I'm not going to send the heavies round, or come and confiscate my own telly. We have more than enough revenue to spend on players without adding a penny to Mike Ashley's debt.

 

The only reason he needs that money back is greed, and to piss us off.

 

It's not the same at all. Mike Ashley is the owner, sole shareholder or whatever, but he isn't the same entity as NUFC. Yes, companies can be in debt to their owner and pay them back for loans. I don't think it's greed for someone who has turned an expensive bank loan into interest-free debt to take back some repayments. I admit it's hard to say exactly how much is acceptable though, and obviously the long-term health of the business can't be risked.

 

If we have more than enough revenue to sign players then let's do it. But as far as I know we have only posted two small profits in our recent history, so our spending has been outstripping our income for years. Before it was adding to the debt we owed to Barclays (IIRC), now it would be up to Ashley to finance it.

[mrmojorisin75]

How is he due it from his own company? He's entitled certainly, due implies we have some reason to pay it back other than him being a total cunt.

wullie the club is a company as much as you might not like to hear it, freddy mortgaged our future and now we're paying for it

 

that's the simple fact...it'd be great if fat mike was benevolent enough to forget the 100m he spent wiping out freddy buying owen and luque but apparently he's not

[Wullie]

How is he due it from his own company? He's entitled certainly, due implies we have some reason to pay it back other than him being a total cunt.

wullie the club is a company as much as you might not like to hear it, freddy mortgaged our future and now we're paying for it

 

that's the simple fact...it'd be great if fat mike was benevolent enough to forget the 100m he spent wiping out freddy buying owen and luque but apparently he's not

 

And as I've already said, I'm not asking him to forget it. It's still on the books and will remain there.

[Guest icemanblue]

I can slag off bimpy for a bit, if anyone would prefer that?

[Wullie]

If we have more than enough revenue to sign players then let's do it. But as far as I know we have only posted two small profits in our recent history, so our spending has been outstripping our income for years. Before it was adding to the debt we owed to Barclays (IIRC), now it would be up to Ashley to finance it.

 

 

Christ.

[BrettNUFC]

I can slag off bimpy for a bit, if anyone would prefer that?

 

Would it involve finance?

[Mick]

How come sbr never lost a league game after a champions league match?

 

The Europa is tougher than the Champions League.

[Guest neesy111]

How come sbr never lost a league game after a champions league match?

 

The Europa is tougher than the Champions League.

 

That was when there was 2 group stages as well.

[AyeDubbleYoo]

If we have more than enough revenue to sign players then let's do it. But as far as I know we have only posted two small profits in our recent history, so our spending has been outstripping our income for years. Before it was adding to the debt we owed to Barclays (IIRC), now it would be up to Ashley to finance it.

 

 

Christ.

 

FFS man Wullie, it's a fact we were making regular losses and our debt was increasing.

[Beren]

How come sbr never lost a league game after a champions league match?

 

The Europa is tougher than the Champions League.

 

Due to the denigration of sports science, the theft of nutritional dietary knowledge and less advanced training methods players are less well equipped to play two games a week than they were 10 years ago. You can't compare the two.

[mrmojorisin75]

When you consider that Swansea finished 7th last season then it shows that with a half decent squad you can still have a very good season, but you need a good manager who has a squad which is tailored to his preferred style of play. We have neither.

 

 

 

i'd like the facepalm explained brett, disgrace tbh

 

Facepalm explaination: Basically Swansea have had one good year under Laudrup, finished 7th. We had our good year under Pardew finished 5th. He then went on to fail last season.

 

We don't know how Laudrup will get on this season yet but Pardew has proved as well with a 'half decent squad you can still have a good season' but everyone is in sort of agreement he isn’t a good manager which makes the original point incorrect (you need a good manager), if it is to believed he is in fact poor.

 

 

well, as tron was pointing out swansea were essentially a new promoted team in their second season in the PL, laudrup came in and signed jokers like michu for 2m and they were expected to fail....alas they thrived and won a cup due to have a manager who knew how to coach good football, rotate a small squad, and succeed when it looks like the odds were against him, that type of thing

 

contrast wtih AP who went into in his best ever season with a plan a...it worked then it started to fail, badly, only he was lucky enough to have 2 double figures strikers hitting form at the right time...actually that wasn't quite enough, it took ben arfa to force him to play him and embark on a period of quality football for say 8 matches that we'd never seen the entire season

 

the same system he abandoned at the start of the next season to such wonderful effect

 

i don't know man, your wish to believe pardew will "turn it around" seems to know no bounds, not even those of reality

[thomas]

I heard that if you turn out the lights and look in a mirror and say "Finances" three times NE5 appears behind you and starts a tepid conversation about McKeag and SJH.

[Wullie]

If we have more than enough revenue to sign players then let's do it. But as far as I know we have only posted two small profits in our recent history, so our spending has been outstripping our income for years. Before it was adding to the debt we owed to Barclays (IIRC), now it would be up to Ashley to finance it.

 

 

Christ.

 

FFS man Wullie, it's a fact we were making regular losses and our debt was increasing.

 

I'm not explaining it again, it's not going in and isn't going to.

[AyeDubbleYoo]

If we have more than enough revenue to sign players then let's do it. But as far as I know we have only posted two small profits in our recent history, so our spending has been outstripping our income for years. Before it was adding to the debt we owed to Barclays (IIRC), now it would be up to Ashley to finance it.

 

 

Christ.

 

FFS man Wullie, it's a fact we were making regular losses and our debt was increasing.

 

I'm not explaining it again, it's not going in and isn't going to.

 

Give it one more go, I'd honestly like to know if I'm being an idiot.

[BrettNUFC]

When you consider that Swansea finished 7th last season then it shows that with a half decent squad you can still have a very good season, but you need a good manager who has a squad which is tailored to his preferred style of play. We have neither.

 

 

 

i'd like the facepalm explained brett, disgrace tbh

 

Facepalm explaination: Basically Swansea have had one good year under Laudrup, finished 7th. We had our good year under Pardew finished 5th. He then went on to fail last season.

 

We don't know how Laudrup will get on this season yet but Pardew has proved as well with a 'half decent squad you can still have a good season' but everyone is in sort of agreement he isn’t a good manager which makes the original point incorrect (you need a good manager), if it is to believed he is in fact poor.

 

 

well, as tron was pointing out swansea were essentially a new promoted team in their second season in the PL, laudrup came in and signed jokers like michu for 2m and they were expected to fail....alas they thrived and won a cup due to have a manager who knew how to coach good football, rotate a small squad, and succeed when it looks like the odds were against him, that type of thing

 

contrast wtih AP who went into in his best ever season with a plan a...it worked then it started to fail, badly, only he was lucky enough to have 2 double figures strikers hitting form at the right time...actually that wasn't quite enough, it took ben arfa to force him to play him and embark on a period of quality football for say 8 matches that we'd never seen the entire season

 

the same system he abandoned at the start of the next season to such wonderful effect

 

i don't know man, your wish to believe pardew will "turn it around" seems to know no bounds, not even those of reality

 

Can't even be arsed to climb down the hole you've just dug to explain a reply to you. Michu expected to fail 

[Dokko]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

[AyeDubbleYoo]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

[mrmojorisin75]

Can't even be arsed to climb down the hole you've just dug to explain a reply to you. Michu expected to fail 

 

"they" were expected to fail i said, let me retract and say "not expected to succeed" if that helps you

 

i've come to the conclusion you know absolutely nothing about football brett, nothing at all

[Belfast Mags]

It's spiky in here today 

[Dokko]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

 

Aye but players are worth money over their contract, so buying them means we are valued the same, like that makes all the difference especially to what we have to spend.

 

This bullshit is why I dropped the conversation yesterday, so much crap flying around to try and cloud things, totally pointless trying to wade through it all.

[Wullie]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

 

Absolutely pathetic.

[AyeDubbleYoo]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

 

Aye but players are worth money over their contract, so buying them means we are valued the same, like that makes all the difference especially to what we have to spend.

 

This bullshit is why I dropped the conversation yesterday, so much crap flying around to try and cloud things, totally pointless trying to wade through it all.

 

Ah right, aye I understand that in accounting terms they become assets. But that's just accounting magic, and only effects us if we sell them or the club. In cash flow and debt terms, you still have to finance the actual deals with money.

 

Anyway, sorry for dragging out the whole finances thing, just seems impossible to avoid when everyone is talking about our level of spending.

[AyeDubbleYoo]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

 

Absolutely pathetic.

 

I honestly want it explained, I don't know how much clearer I can be. I'm not having a go at you.

[BrettNUFC]

Can't even be arsed to climb down the hole you've just dug to explain a reply to you. Michu expected to fail 

 

"they" were expected to fail i said, let me retract and say "not expected to succeed" if that helps you

 

i've come to the conclusion you know absolutely nothing about football brett, nothing at all

 

Just like Newcastle weren't expecting success when they haven't replaced Carroll and spent the 35 million, they've sold Enrique, they've sold Nolan, they've released Barton and brought in 'jokers' like Cabaye for 4 million? Works both ways. Just your basically trying to go down the line of we fluked the 5th because of a few good players. The original point which was made 'you need a good manager to have a very good season' is basically what Pardew proved to be incorrect, like i say, if he is in fact poor. I think your trying to deflect away praise for Pardew for our season we finished 5th, people don’t want to believe he actually did it. He, Alan Pardew, got a side who were the underdogs, fighting for a champions league spot. No two ways about it.

[Wullie]

Basically we make loads of money, and outgoings don't matter. We're rich only Ashley is keeping it all for himself so he can dive in to it ala Scrooge McDuck.

 

I think that's what he's saying.

 

I honestly don't get it. I feel like I've missed something incredibly important. As far as I knew, if you were spending loads more than you were earning then that would lead to increased debt. I can't see how that can exist alongside being able to spend as much as you want.

 

I'm genuinely not having a go either, I'm just stumped.

 

Absolutely pathetic.

 

I honestly want it explained, I don't know how much clearer I can be. I'm not having a go at you.

 

What, that I don't think we can "spend as much as we want"?