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Mike Ashley (former owner) (still alive)


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If we're saying if you go to games you justify the regime but if you don't go you're not a proper supporter then we are all buggered.

 

:serious:

 

If you go you justify the regime, if you don't go you don't justify the regime, it's quite simple.

 

I thought we'd got a bit extreme. I only don't go because of Ashley. The day the fucker sells up I'm spamming the f5 button for my season ticket.

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Presumably enough people will have forgotten about the protest and probably all ill-feeling towards Ashley since he's so clearly backed Bruce and peaked enough interest with the new signings? Am I imagining that's it's all gone really quiet? I bet any money it'll all fall flat at the weekend and nothing will come of it, already the media seem to have forgotten that Rafa was even at our club, let alone a handful of fans not being happy about him leaving. Gawd bless Fat Mike and his unappreciated generosity to us ungrateful Toon fans...  :hmm:

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Presumably enough people will have forgotten about the protest and probably all ill-feeling towards Ashley since he's so clearly backed Bruce and peaked enough interest with the new signings? Am I imagining that's it's all gone really quiet? I bet any money it'll all fall flat at the weekend and nothing will come of it, already the media seem to have forgotten that Rafa was even at our club, let alone a handful of fans not being happy about him leaving. Gawd bless Fat Mike and his unappreciated generosity to us ungrateful Toon fans...  :hmm:

 

You can guarantee they won't mention the lack of Wor Flags at the Arsenal game.

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Presumably enough people will have forgotten about the protest and probably all ill-feeling towards Ashley since he's so clearly backed Bruce and peaked enough interest with the new signings? Am I imagining that's it's all gone really quiet? I bet any money it'll all fall flat at the weekend and nothing will come of it, already the media seem to have forgotten that Rafa was even at our club, let alone a handful of fans not being happy about him leaving. Gawd bless Fat Mike and his unappreciated generosity to us ungrateful Toon fans...  :hmm:

 

Would seem so. Ashley really does own the perfect club.

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Guest neesy111

Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

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He's looking to take it back private.

 

Good. He got lucky once when he built the business but nothing he has done since suggests he has a fucking clue what he's doing.

IMO he's far more likely to take it down the pan when he's the sole decision maker than he is with shareholders on his case.

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

 

Please be true.

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

They won’t. They may downsize, they may be bigger online than in store, but they won’t collapse. Like it or not, theirs plenty of people out there who want cheap sportswear and won’t/can’t pay JD prices (SD own 30% of JD).

You have to remember that Sports Direct also own Flannels, which is the new store on Northumberland Street is anything to go by, is proving to be popular and on the up.

It would take for Primark to have an extensive range of sportswear available (only small) and for the likes of the Premier League to operate their own store for merchandise (much like the NFL, NHL etc) for Sports Direct to fall apart. Even then I still think they’ll have a decent market share.

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

They won’t. They may downsize, they may be bigger online than in store, but they won’t collapse. Like it or not, theirs plenty of people out there who want cheap sportswear and won’t/can’t pay JD prices (SD own 30% of JD).

You have to remember that Sports Direct also own Flannels, which is the new store on Northumberland Street is anything to go by, is proving to be popular and on the up.

It would take for Primark to have an extensive range of sportswear available (only small) and for the likes of the Premier League to operate their own store for merchandise (much like the NFL, NHL etc) for Sports Direct to fall apart. Even then I still think they’ll have a decent market share.

 

Don't think that is correct. Do you have a source?

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

They won’t. They may downsize, they may be bigger online than in store, but they won’t collapse. Like it or not, theirs plenty of people out there who want cheap sportswear and won’t/can’t pay JD prices (SD own 30% of JD).

You have to remember that Sports Direct also own Flannels, which is the new store on Northumberland Street is anything to go by, is proving to be popular and on the up.

It would take for Primark to have an extensive range of sportswear available (only small) and for the likes of the Premier League to operate their own store for merchandise (much like the NFL, NHL etc) for Sports Direct to fall apart. Even then I still think they’ll have a decent market share.

 

Don't think that is correct. Do you have a source?

I stand corrected, there are reports that Ashley himself owns 19% of JD Sports.

 

Edit: Further research shows that it was Sports Direct who owned shares in JD Sports, but sold them in 2016.

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Show's how bad investors are viewing SD that even with him buying shares back, the share price is still tanked.

 

I think that we're witnessing the beginning of the end for SD in all honesty, the brand is now toxic.....the beauty is, Ashley won't admit to himself that he's wrong and continue to chuck money at it. I think they'll be gone from the high street within a few years personally.

They won’t. They may downsize, they may be bigger online than in store, but they won’t collapse. Like it or not, theirs plenty of people out there who want cheap sportswear and won’t/can’t pay JD prices (SD own 30% of JD).

You have to remember that Sports Direct also own Flannels, which is the new store on Northumberland Street is anything to go by, is proving to be popular and on the up.

It would take for Primark to have an extensive range of sportswear available (only small) and for the likes of the Premier League to operate their own store for merchandise (much like the NFL, NHL etc) for Sports Direct to fall apart. Even then I still think they’ll have a decent market share.

 

Good shout that, I would also imagine big Mike would be cacking his denims were that to happen. Theyd (Especially with Nike & Adidas) probably be pushing an open door asking to service that part of the market given their widely chronicled antipathy towards Ashley. If anything, it would probably be a more upmarket venture compared to S*****D*****

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I don't have much of a business brain, but is there a possibility that Ashley's most recent damages in his non-NUFC ventures has actually made him hold more tightly to the club? It's probably the most stable investment he's got at the moment. Maybe he'd have more readily accepted a 'fair' price if everything else wasn't going skewiff?

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I'd love the Premier league to go down the same route as the NFL,NHL,NBA and MLB in having it's own merchandise setup whereas consumers order direct from one site and monies then distributed to the clubs

 

Would be a far better setup and would mean the fat cunt cant sell a football shirt in his store again

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Imo football needs more regulation and more oversight from the league offices like they do over here in the US.

 

Yorkie[/member] you could look at it 2 ways. Your thoughts in your post are very accurate and def something I’ve wondered too. The other way would be he could sell us for 350m and have more liquid money in his bank account than he probably has currently as most of his wealth is tied up in SD stock and real estate. That’s why I’ve always been confused as to why he wouldn’t sell us at this stage earlier this summer with Rafa in the job and his valuation at its peak for the club. If the global economy stutters and we see global declines that many are predicting over the next few years the value of his football club and his SD will decline. Relegation impacts his value each time too. Every year he doesn’t invest into the club in facilities and players also feeds the decline in value.

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Hoping the fans in the ground give him a great reception on Sunday.

 

Spent nearly £100m and has personally intervened to bring home two of the most loved people ever to live on Tyneside.

 

I give him a solid 7/5 for this summer. What a guy.

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