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Well, we're definitely not going to shown twice s much as Villa or Leicester this season. Absolute horse shite to watch, maybe it's the car-crash telly thing that gets the viewers cause I'm stumped.

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So we lost potentially £6mill for leaving the moron in charge? Not that it really matters since we will do fuck all with the money

 

Forgetting £3m compo plus we didn't have to pay a proper manager for 5 months. #cashback

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So we lost potentially £6mill for leaving the moron in charge? Not that it really matters since we will do fuck all with the money

 

We were 9th when Pardew left, from that to our final position of 15th cost just under £7.5m in merit payment.

 

Edit: after everyone had played 19 games we were 10th, so yeah £6.2m is closer to the truth.

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Well, we're definitely not going to shown twice s much as Villa or Leicester this season. Absolute horse s**** to watch, maybe it's the car-crash telly thing that gets the viewers cause I'm stumped.

 

You got shown more than us this year :lol:.

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Well, we're definitely not going to shown twice s much as Villa or Leicester this season. Absolute horse s**** to watch, maybe it's the car-crash telly thing that gets the viewers cause I'm stumped.

 

You got shown more than us this year :lol:.

 

It's not that funny. Yous have been shit an arl

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Well, we're definitely not going to shown twice s much as Villa or Leicester this season. Absolute horse s**** to watch, maybe it's the car-crash telly thing that gets the viewers cause I'm stumped.

 

You got shown more than us this year :lol:.

 

It's not that funny. Yous have been s*** an arl

 

Well it's all relative, I suppose.

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  • 10 months later...

The accounts state that “advertising and promotional services were provided to Sports Direct” free of charge, but note that the club “anticipates receiving payment for these services in the future

 

absolutely shameless :lol:

 

He strangled the club's finances for his own gain.  Absolute short sighted nobber.

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The accounts state that “advertising and promotional services were provided to Sports Direct” free of charge, but note that the club “anticipates receiving payment for these services in the future

 

absolutely shameless :lol:

 

He strangled the club's finances for his own gain.  Absolute short sighted nobber.

 

To be fair, the full quote is

 

No consideration has been paid by Sports Direct International for these services to date but Sports Direct International and the Company are in the process of agreeing an arms length rate for these services and the Company anticipates receiving payment for these services in the future.
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I've had a couple of articles in the Chronicle but nowt on the finances.

 

I think they try not to go off piste on the accounts.  They'll cover the points raised in each set of accounts and repeat the club talking points, but when it comes to building an overall pattern and damning the club for it, I think they don't have the accountancy experts they would like to be comfortable going to print on it.

 

Not that I'm an expert, but that's the point, they can't have my wild accusations being printed without covering their arse with an expensive expert to double check all the numbers.

 

I missed this one off the Mag article...

 

 

Sports Direct

Ashley's shop were paid a further £2.3m last season by Newcastle.  This means that over three seasons they have received a total of £5.9m.  Under £2m has been paid the other way from Sports Direct to the club, which means the net transfer of money has been £4m from Newcastle to the sporting goods chain.

 

CgBI7aTXIAEUHS-.jpg:large

 

As has been reported elsewhere, the accounts do state that from next year Sports Direct will pay Newcastle United for Promotional services.  However, this is unrelated to the retail agreement that the above outlines.  It only covers advertising in the stadium and at the training ground. 

 

We do not know any details behind the deal that Newcastle get from the owner's shop.  Given that the bulk of incoming funds were received in 2013, one would hazard a guess that this was for stock the club still owned and it will not be repeated.  The payments to Sports Direct could cover materials, manufacture, storage, transport, rent or any number of things.  But the accounts don't break it down in any further detail.

 

Under the retail deal that Rangers had with Sports Direct, the club earned 4p for every £1 spent in club stores.

 

http://nufc-ashlies.blogspot.co.uk/2016/04/20142015-accounts_25.html

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