cp40 Posted February 22, 2018 Share Posted February 22, 2018 according to 5live, short will give the club free to anyone who takes on the approx £137m debt. Link to post Share on other sites More sharing options...
Paully Posted February 22, 2018 Share Posted February 22, 2018 Forgive me for being naive.. How exactly have they amassed so much debt? Like what the hell have they spent it on? Can get my head around how they've spunked away all the money that came in whilst they we're in the PL, but to then think 'oh, we spent all those millions so smartly, we need go and find more' is a bit baffling. What they hell have they been spending their money on? Look at their net spend for the last 10 seasons and look at how much they've paid to bin off about 48 managers! Link to post Share on other sites More sharing options...
Tiresias Posted February 22, 2018 Share Posted February 22, 2018 according to 5live, short will give the club free to anyone who takes on the approx £137m debt. Do you want some free debt? Kicker is you also get Sunderland Link to post Share on other sites More sharing options...
NG32 Posted February 22, 2018 Share Posted February 22, 2018 according to 5live, short will give the club free to anyone who takes on the approx £137m debt. It was for sale at 50 mil during lunch time. Link to post Share on other sites More sharing options...
cp40 Posted February 22, 2018 Share Posted February 22, 2018 Link to post Share on other sites More sharing options...
cp40 Posted February 22, 2018 Share Posted February 22, 2018 according to 5live, short will give the club free to anyone who takes on the approx £137m debt. It was for sale at 50 mil during lunch time. wants out asap- knows that debt is only going to grow- so may as well cut and run now. Link to post Share on other sites More sharing options...
NG32 Posted February 22, 2018 Share Posted February 22, 2018 Which mad bastard will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship. :lol: Link to post Share on other sites More sharing options...
Ketsbaia Posted February 22, 2018 Share Posted February 22, 2018 More likely to get a Venky's if they're giving it away. Finger lickin' lush. Link to post Share on other sites More sharing options...
Decky Posted February 22, 2018 Share Posted February 22, 2018 Free ticket mackems to free club mackems? Link to post Share on other sites More sharing options...
TheHoob Posted February 22, 2018 Share Posted February 22, 2018 Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship. :lol: Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last. Link to post Share on other sites More sharing options...
NG32 Posted February 22, 2018 Share Posted February 22, 2018 Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship. :lol: Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last. They are truly finished if they go down. Link to post Share on other sites More sharing options...
cp40 Posted February 22, 2018 Share Posted February 22, 2018 Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship. :lol: Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last. they have a number of players on more than that a season. could they be the biggest fuck up of all the big fuck ups? Leeds Portsmouth etc. Link to post Share on other sites More sharing options...
Cheshire Mag Posted February 22, 2018 Share Posted February 22, 2018 Imagine if Staveley went and took this lot on Link to post Share on other sites More sharing options...
Paully Posted February 22, 2018 Share Posted February 22, 2018 Imagine if Staveley went and took this lot on I wouldn't joke about it! Link to post Share on other sites More sharing options...
Cheshire Mag Posted February 22, 2018 Share Posted February 22, 2018 Imagine if Staveley went and took this lot on I wouldn't joke about it! Who says I’m joking........ Link to post Share on other sites More sharing options...
xLiaaamx Posted February 22, 2018 Share Posted February 22, 2018 And do what exactly? Just because RTG claim they're primed for a revolution doesn't make it so. Link to post Share on other sites More sharing options...
xLiaaamx Posted February 22, 2018 Share Posted February 22, 2018 Much more likely that at this low price someone who wants a lower league club with no interest in going up will take them on. Link to post Share on other sites More sharing options...
sbnufc Posted February 22, 2018 Share Posted February 22, 2018 "The debts could be as much as £100m" - BBC radio Newcastle Link to post Share on other sites More sharing options...
Pons Alias Posted February 22, 2018 Share Posted February 22, 2018 "The debts could be as much as £100m" - BBC radio Newcastle This has Ashley smelling an opportunity written all over it... Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted February 22, 2018 Share Posted February 22, 2018 Which mad b****** will take on 137 million in debt and inherit a shocking team with over paid players languishing at the bottom of the championship. :lol: Read earlier that clubs in L1 get £1m in centralized money, compared to the ~£100m they got from the prem for finishing last. Clubs in L1 are also only allowed a wage bill that is a maximum of 60% of their turnover. If they go down they’d effectively have to sell half of their team and start again. If they cant find buyers for players, they’ll have to pay up their contracts which will eat up their already minimal transfer budget. Link to post Share on other sites More sharing options...
Geordie Ahmed Posted February 22, 2018 Share Posted February 22, 2018 Forgive me for being naive.. How exactly have they amassed so much debt? Like what the hell have they spent it on? Can get my head around how they've spunked away all the money that came in whilst they we're in the PL, but to then think 'oh, we spent all those millions so smartly, we need go and find more' is a bit baffling. What they hell have they been spending their money on? Lots of rubbish players on daft wages, also repeatedly sacking managers to get a short term results boost (especially for the derby) which the fans lapped up They don't make enough money from the "massive lads fans" and they just wasted the one big income they got (TV money) and now that's gone it's just a massive mess Link to post Share on other sites More sharing options...
Guest Hog Posted February 22, 2018 Share Posted February 22, 2018 "The debts could be as much as £100m" - BBC radio Newcastle It said nearer to £130m debt on the clip I heard, free to a good home mind. Link to post Share on other sites More sharing options...
Big Geordie Posted February 22, 2018 Share Posted February 22, 2018 These lot are absolutely completely utterly fucked like. Administration is definitely coming. Yup - could another creditor or the bank pull the plug? Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted February 22, 2018 Share Posted February 22, 2018 I have a few mates who are good mates who are genuine SAFC fans and I feel their pain, but fuck it, they are a shit stain on the NE and English football, as a club, as a city and as people. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted February 22, 2018 Share Posted February 22, 2018 That's probably the most extreme example of Hate Newcastle> Love Sunderland that I've ever heard of like. Are you absolutely sure that that's what they mean? That's utterly mental. Yep, we talked about it specifically. Not that they're in any way linked obviously, but he was sure he would take that scenario. No offence, but I seriously couldn’t associate with anyone so stupid in mindset. I’d disown the cunts. Link to post Share on other sites More sharing options...
Recommended Posts