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Newcastle United transfer rumours in the press


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A company he owns put in £33m in December, £18m to pay a loan back to him directly and £15m to cover running expenses.

 

All one big tax swindle I'm sure, given that it's all his money just moving around.

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A company he owns put in £33m in December, £18m to pay a loan back to him directly and £15m to cover running expenses.

 

All one big tax swindle I'm sure, given that it's all his money just moving around.

 

Why does it seem like the club owes him more and new money every season?

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It's ludicrous to believe despite slashing the wage bill that we needed 73 million (40 million transfer profits plus the 33 million "loan") to stay afloat last year, if every club needed that amount to survive when they go down, they would all be in administration surely, especially when we more or less filled out our stadium every game last season, no one else who gets relegated will come anywhere near our average attendance. Just tax fiddling and a way to say to everyone how much we our in debt to his benevolent leadership.

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It's ludicrous to believe despite slashing the wage bill that we needed 73 million (40 million transfer profits plus the 33 million "loan") to stay afloat last year, if every club needed that amount to survive when they go down, they would all be in administration surely, especially when we more or less filled out our stadium every game last season, no one else who gets relegated will come anywhere near our average attendance. Just tax fiddling and a way to say to everyone how much we our in debt to his benevolent leadership.

 

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It's ludicrous to believe despite slashing the wage bill that we needed 73 million (40 million transfer profits plus the 33 million "loan") to stay afloat last year, if every club needed that amount to survive when they go down, they would all be in administration surely, especially when we more or less filled out our stadium every game last season, no one else who gets relegated will come anywhere near our average attendance. Just tax fiddling and a way to say to everyone how much we our in debt to his benevolent leadership.

 

Gates & matchday is about £25m The wage bill the year we went down was triple that. That can't even buy you Danny Drinkwater. Ticket income is becoming less and less important as the ridiculous TV money increases.

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It's ludicrous to believe despite slashing the wage bill that we needed 73 million (40 million transfer profits plus the 33 million "loan") to stay afloat last year, if every club needed that amount to survive when they go down, they would all be in administration surely, especially when we more or less filled out our stadium every game last season, no one else who gets relegated will come anywhere near our average attendance. Just tax fiddling and a way to say to everyone how much we our in debt to his benevolent leadership.

 

Gates & matchday is about £25m The wage bill the year we went down was triple that. That can't even buy you Danny Drinkwater. Ticket income is becoming less and less important as the ridiculous TV money increases.

 

yet the fat cunt is willing to risk it all.

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25m Gates+matchday seems a bit low for a team that pulls 50k attendances consistently. Is that for the C'ship season?

 

It's around 30m for us last few seasons in the PL.

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25m Gates+matchday seems a bit low for a team that pulls 50k attendances consistently. Is that for the C'ship season?

 

Say an average season ticket is £500 x 50,000 people, that's £25m.

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It's ludicrous to believe despite slashing the wage bill that we needed 73 million (40 million transfer profits plus the 33 million "loan") to stay afloat last year, if every club needed that amount to survive when they go down, they would all be in administration surely, especially when we more or less filled out our stadium every game last season, no one else who gets relegated will come anywhere near our average attendance. Just tax fiddling and a way to say to everyone how much we our in debt to his benevolent leadership.

 

Gates & matchday is about £25m The wage bill the year we went down was triple that. That can't even buy you Danny Drinkwater. Ticket income is becoming less and less important as the ridiculous TV money increases.

 

The wage bill we took into the season was a lot less than what we went down with, with the sales and loan outs we made, no way the inbounds made the amount of those we got shot of. Also we did get paachute payments (or PL TV deal, since that's paid in arrears I think). I'll say it again, you should not need 73 million just to survive one season in the champ, the money has just gone into the fat man's pocket but through accountancy magic it'll be seen as him bailing us out.

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The wage bill we took into the season was a lot less than what we went down with, with the sales and loan outs we made, no way the inbounds made the amount of those we got shot of. Also we did get paachute payments (or PL TV deal, since that's paid in arrears I think). I'll say it again, you should not need 73 million just to survive one season in the champ, the money has just gone into the fat man's pocket but through accountancy magic it'll be seen as him bailing us out.

 

Where's £73m from? You can't do 'accountancy magic' on this sort of thing- it all has to be disclosed as related party transactions, the only problem is it takes an age for this information to actually get into the public domain.

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