Mike Ashley (former owner) (still alive)

[ToonArmy1892]

Does anyone know what the meat/fat ratio was of the sausages?

[Matt]

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

 

You've got that the wrong way round. SD is bigger and more profitable than NUFC and SD doesn't have anything akin to relegation threatening to slash its revenues in the space of a couple of months.

 

To put the supposed asking price of £350m into context, that's roughly the operating cashflow of SD over the last 12 months.

[Infatuation Junkie]

Meat 1%

Fat 66%

Lips n ass 32%

Water 1%

 

Pack of 500 for £1 from herons

[Chris_R]

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

 

You've got that the wrong way round. SD is bigger and more profitable than NUFC and SD doesn't have anything akin to relegation threatening to slash its revenues in the space of a couple of months.

 

To put the supposed asking price of £350m into context, that's roughly the operating cashflow of SD over the last 12 months.

 

SD has had £100m worth of free advertising from us, that's got to have affected where the value of the company is at and shows the value of NUFC to SD. Also, I was talking more about all his other businesses than SD, the ones which are loss-making. SD is his baby, I know he sold shares in it years back to raise money, but that's the heart and soul of his empire. It'll be the last thing he permanently gets rid of.

[gdm]

As Sunday is the start of their week. Do we think a statement will be forthcoming tomorrow?

[Pixelphish]

As Sunday is the start of their week. Do we think a statement will be forthcoming tomorrow?

 

No.

[Facundo Ferreyra]

As Sunday is the start of their week. Do we think a statement will be forthcoming tomorrow?

 

No.

 

[Guest godzilla]

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

 

You've got that the wrong way round. SD is bigger and more profitable than NUFC and SD doesn't have anything akin to relegation threatening to slash its revenues in the space of a couple of months.

 

To put the supposed asking price of £350m into context, that's roughly the operating cashflow of SD over the last 12 months.

 

SD has had £100m worth of free advertising from us, that's got to have affected where the value of the company is at and shows the value of NUFC to SD. Also, I was talking more about all his other businesses than SD, the ones which are loss-making. SD is his baby, I know he sold shares in it years back to raise money, but that's the heart and soul of his empire. It'll be the last thing he permanently gets rid of.

 

The advertising isn't having an impact on SD though if you have a look at the share price over the last few years (and this when the Premier League stock has increased ten-fold), yes he wasn't paying but I put money on it's nowhere near the cost of £100 million mind (we will know next accounts exactly how much as according to the forum minutes he is now paying). By the accounts he has only made £27 million before tax during his tenure of the club also. He has also had to put money into the club on two occasions due to relegation also for the daily operations.

[gdm]

By this reckoning proof of funds must have been shown early on

 

 

The small positive part of me believes it’s with the PL. very small part tho

[Matt]

Also, I was talking more about all his other businesses than SD, the ones which are loss-making. SD is his baby, I know he sold shares in it years back to raise money, but that's the heart and soul of his empire. It'll be the last thing he permanently gets rid of.

 

I think you've got the wrong end of the stick mate. Debenhams, Game, House of Fraser- all of that is owned via SD. Ashley hasn't personally been buying these businesses, although the headlines always talk about him. It's done through SD with money generated by SD's operations (or through their own borrowings from their bank group) and didn't involve any of Ashley's personal funds. Because SD is a plc they have to be very transparent about dealings with their major shareholders so we know Ashley has not put money in or out of SD in recent years. Despite the problems of Debenhams, SD is still massively cash generative.

 

True SD have benefited from free coverage over the years, but bear in mind this is a company with total share value of £1.4bn. I've no idea what the fair rate is for advertising around the ground but a decent benchmark is that Fun88 supposedly pay £8m a year and they get the best package of anyone in having their logo on the shirts as well as everything else. They've certainly been helped, but again need to keep things in context.

[Matt]

(we will know next accounts exactly how much as according to the forum minutes he is now paying).

 

Will be interesting when that number eventually emerges and whether they really are paying or if that was just another lie to placate the fans' forum.

[Bishops Finger]

By this reckoning proof of funds must have been shown early on

 

 

The small positive part of me believes it’s with the PL. very small part tho

So your knob then 

[gdm]

By this reckoning proof of funds must have been shown early on

 

 

The small positive part of me believes it’s with the PL. very small part tho

So your knob then 

 

strange, but aye ok if you like

[Guest godzilla]

(we will know next accounts exactly how much as according to the forum minutes he is now paying).

 

Will be interesting when that number eventually emerges and whether they really are paying or if that was just another lie to placate the fans' forum.

 

Very true mind I have no doubt the full amount won't be shown. Don't think it's anywhere near the amount our support think it is either, if it was on the shirts also then I would say yes but for stadium advertisement, then I don't think it's anywhere near the 100 million (overall) plus some think it is.

[Chris_R]

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

 

You've got that the wrong way round. SD is bigger and more profitable than NUFC and SD doesn't have anything akin to relegation threatening to slash its revenues in the space of a couple of months.

 

To put the supposed asking price of £350m into context, that's roughly the operating cashflow of SD over the last 12 months.

 

SD has had £100m worth of free advertising from us, that's got to have affected where the value of the company is at and shows the value of NUFC to SD. Also, I was talking more about all his other businesses than SD, the ones which are loss-making. SD is his baby, I know he sold shares in it years back to raise money, but that's the heart and soul of his empire. It'll be the last thing he permanently gets rid of.

 

The advertising isn't having an impact on SD though if you have a look at the share price over the last few years (and this when the Premier League stock has increased ten-fold), yes he wasn't paying but I put money on it's nowhere near the cost of £100 million mind (we will know next accounts exactly how much as according to the forum minutes he is now paying). By the accounts he has only made £27 million before tax during his tenure of the club also. He has also had to put money into the club on two occasions due to relegation also for the daily operations.

 

Regarding the bold bit, how do you know what the SD share price would be without the free advertising? Maybe it would be the same, maybe higher, maybe lower. Maybe the business would have collapsed and folded. Without a time machine and access to an alternative reality timeline, we simply can't know. However it's inconceivable that the decade plus of free worldwide exposure has been of no value to them as a company.

 

As for whatever NUFC do or do not make, that's irrelevant as he strips all our asset streams out and diverts them elsewhere. The advertising as mentioned. The club shop is just a SD shop with a different badge on now, etc. He loses NUFC, he will doubtless have to surrender all that too. NUFC has enormous value to him for that reason.

[Facundo Ferreyra]

By this reckoning proof of funds must have been shown early on

 

 

The small positive part of me believes it’s with the PL. very small part tho

 

There's also a screenshot further back in that thread of notes from a fans forum where the club basically say "ignore any reports in the media about a sale, all updates around it will come via the club". So basically, ignore whatever bollocks the Chronicle and Sky are spouting 

 

[Chris_R]

(we will know next accounts exactly how much as according to the forum minutes he is now paying).

 

Will be interesting when that number eventually emerges and whether they really are paying or if that was just another lie to placate the fans' forum.

 

Very true mind I have no doubt the full amount won't be shown. Don't think it's anywhere near the amount our support think it is either, if it was on the shirts also then I would say yes but for stadium advertisement, then I don't think it's anywhere near the 100 million (overall) plus some think it is.

 

12 years at 8m a year in lost revenue. It's hardly inconceivable that the total is around £100m. It'll certainly be close.

[TooonDoom]

It’s got to be time for a curry soon.

[Mikky]

Loved this

 

[ToonArmy1892]

Not only can't we have nice things, we now can't even have a club to support.

 

Fans of other clubs looking forward to the season, then there's us

[Guest godzilla]

Why would he sell a profit-making part of his empire to prop up the loss-making ones? Surely you do the opposite?

 

OK, unless you're sure you're onto a long-term winner with the loss-making parts, but I don't think anyone (even Ashley) thinks that. He might hope it, but he can't believe it's a certainty. Profit from NUFC is much more likely. To sell that would be crazy, IMO.

 

You've got that the wrong way round. SD is bigger and more profitable than NUFC and SD doesn't have anything akin to relegation threatening to slash its revenues in the space of a couple of months.

 

To put the supposed asking price of £350m into context, that's roughly the operating cashflow of SD over the last 12 months.

 

SD has had £100m worth of free advertising from us, that's got to have affected where the value of the company is at and shows the value of NUFC to SD. Also, I was talking more about all his other businesses than SD, the ones which are loss-making. SD is his baby, I know he sold shares in it years back to raise money, but that's the heart and soul of his empire. It'll be the last thing he permanently gets rid of.

 

The advertising isn't having an impact on SD though if you have a look at the share price over the last few years (and this when the Premier League stock has increased ten-fold), yes he wasn't paying but I put money on it's nowhere near the cost of £100 million mind (we will know next accounts exactly how much as according to the forum minutes he is now paying). By the accounts he has only made £27 million before tax during his tenure of the club also. He has also had to put money into the club on two occasions due to relegation also for the daily operations.

 

Regarding the bold bit, how do you know what the SD share price would be without the free advertising? Maybe it would be the same, maybe higher, maybe lower. Maybe the business would have collapsed and folded. Without a time machine and access to an alternative reality timeline, we simply can't know. However it's inconceivable that the decade plus of free worldwide exposure has been of no value to them as a company.

 

As for whatever NUFC do or do not make, that's irrelevant as he strips all our asset streams out and diverts them elsewhere. The advertising as mentioned. The club shop is just a SD shop with a different badge on now, etc. He loses NUFC, he will doubtless have to surrender all that too. NUFC has enormous value to him for that reason.

 

Advertising has an impact on sales and therefore an impact on the shares price, if you look at the share price it's continued to decline over the last few years (though I acknowledge other factors come into play also). I just don't think the amount of money he makes is anywhere near what you're trying to make out. Happy to be proven wrong if you can show me evidence of this though.

[Guest godzilla]

(we will know next accounts exactly how much as according to the forum minutes he is now paying).

 

Will be interesting when that number eventually emerges and whether they really are paying or if that was just another lie to placate the fans' forum.

 

Very true mind I have no doubt the full amount won't be shown. Don't think it's anywhere near the amount our support think it is either, if it was on the shirts also then I would say yes but for stadium advertisement, then I don't think it's anywhere near the 100 million (overall) plus some think it is.

 

12 years at 8m a year in lost revenue. It's hardly inconceivable that the total is around £100m. It'll certainly be close.

 

Show me where it is 8m then? Advertisement of shirt sales will be a lot more than stadium advertisement.

[deejeck]

As Sunday is the start of their week. Do we think a statement will be forthcoming tomorrow?

 

No.

 

If there is a takeover and Ashley has his say on the announcement, it'll be 9am on a Monday morning so we can't go out a celebrate.

[Pixelphish]

As Sunday is the start of their week. Do we think a statement will be forthcoming tomorrow?

 

No.

 

If there is a takeover and Ashley has his say on the announcement, it'll be 9am on a Monday morning so we can't go out a celebrate.

 

Close but more likely to be this;

 

[ToonArmy1892]