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Various: Mike Ashley in talks with Sheikh Khaled bin Zayed Al Nehayan


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Guest reefatoon

So will that be classed as money the club has generated and will go to Rafa to buy new players? Aye, thought not. Straight into Mikes ample jeans pocket.

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Seems fitting that he's building over the foodbank collection point without putting a fucking penny into it!!!!!!!!! this bloke really is a horrible piece of work.

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Guest neesy111

Why the fuck is he trying to buy every retail outlet?  Get the feeling it may be to do property with how Sports Direct is buying where their stores are along with that fannels etc.

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Why the fuck is he trying to buy every retail outlet?  Get the feeling it may be to do property with how Sports Direct is buying where their stores are along with that fannels etc.

 

Majority are rented tho

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Guest neesy111

Why the fuck is he trying to buy every retail outlet?  Get the feeling it may be to do property with how Sports Direct is buying where their stores are along with that fannels etc.

 

Majority are rented tho

 

Yes, but if he has a group of retailers then he can move them all into one roof.  Like what he's done with the building that has cruise in town and now will have flannels as well since he's bought the building.

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Why the fuck is he trying to buy every retail outlet?  Get the feeling it may be to do property with how Sports Direct is buying where their stores are along with that fannels etc.

 

Because they're distressed and sees the opportunity to buy some assets and stiff the creditors. Then he starts with the landlords and tries to get concessions from them. They don't agree, the store closes and will sit empty and earning zero until someone else moves in- that's a powerful lever. I don't think they care about the nature of the underlying business at all- for SD it's a relatively low-risk bet.

 

But operationally, SD is taking is eye off its core business and it's weighed heavily on their share price as they put together this rag-tag bunch of failed businesses.

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Guest neesy111

Why the fuck is he trying to buy every retail outlet?  Get the feeling it may be to do property with how Sports Direct is buying where their stores are along with that fannels etc.

 

Because they're distressed and sees the opportunity to buy some assets and stiff the creditors. Then he starts with the landlords and tries to get concessions from them. They don't agree, the store closes and will sit empty and earning zero until someone else moves in- that's a powerful lever. I don't think they care about the nature of the underlying business at all- for SD it's a relatively low-risk bet.

 

But operationally, SD is taking is eye off its core business and it's weighed heavily on their share price as they put together this rag-tag bunch of failed businesses.

 

Yeap, I think it's part of a bigger plan to almost monopolize his businesses against suppliers/landlords etc.

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Liverpool’s profits are more to do with their brilliant scouting network to be fair

 

Its more been their willingness to re-invest whenever selling someone. Cant really think of any players theyve brought in that were unknown.

 

Imagine if we had bought some of the players we have been linked heavily with over the last 8 seasons and also had a manager (pre-Rafa) that would not totally fuck over their potential

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Something and nothing. Never been ITK but met two guys here in South Africa who are selling automated warehouse technology to SD. There thought MA was easy to get out his cheque book and had just upgraded their contract from £15m to £54m. Apparently he is worried about losing his cheap Polish workforce.

 

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Not sure which countries commentary I had on last night, but the main commentator said when Almiron came on that Ashley has "gone up in their (Newcastle fans) estimations after this signing" :anguish:  These cunts are so out of touch

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There was probably a time when our revenues were similar to Liverpool.

 

 

 

Similar?

 

I thought everyone knew that for many years our revenue / turnover, was much higher than Liverpools . . .

 

Rich%20List%20-%20Newcastle%20United%205th%20Richest%20in%20World_zpsy2lublmn.jpg

 

All those other teams make that profit AFTER investing in their team, squad, stadium and academies.  Ashley just holds our wealth and removes it at his will.

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