PIF and RB Sports & Media - Darren Eales to step down from CEO after being diagnosed with blood cancer.

[FloydianMag]

12 hours ago, LFEE said:

 

All Ziegler does is publish negative articles about the club, mind I would also include that twat Jonathan Lieu in that too.

[Whitley mag]

8 minutes ago, FloydianMag said:

All Ziegler does is publish negative articles about the club, mind I would also include that twat Jonathan Lieu in that too.

Ziegler, Roan, Crafton, Lieu and that Spanish fucker whose name escapes me, all hate the Arabs and make no attempt to hide it.

 

Edit Delaney 

 

 

Edited November 30, 2023 by Whitley mag

[Dokko]

If its 2018 then it should be outside current ffp window and not count towards current calculation. Probably doesn't work like that, but it should.

 

Anyway, I thought we were going to be booted off the planet for this according to the mackems, so it's not too bad considering.

[Abacus]

This was a known issue at the time of the takeover so will have been factored in to the deal. 

 

But for NUFC, my reading of the most recent accounts is that they had already accrued for expected liabilities due to this.

 

I.e., unless that £6.2m figure was much more than they expected, it should have no real new effect on FFP, since they've already accounted for it.

[Mikky]

11 minutes ago, Abacus said:

This was a known issue at the time of the takeover so will have been factored in to the deal. 

 

But for NUFC, my reading of the most recent accounts is that they had already accrued for expected liabilities due to this.

 

I.e., unless that £6.2m figure was much more than they expected, it should have no real new effect on FFP, since they've already accounted for it.

I’m sure they would have put a provision in the accounts in anticipation 

[Fezzle]

26 minutes ago, Mikky said:

I’m sure they would have put a provision in the accounts in anticipation 

They did in June 2017 accounts, although dont think the exact figure was disclosed publically

 

Edit: Annoyingly its not letting me attach a pdf converted to png

 

 

Edited November 30, 2023 by Fezzle

[Abacus]

1 hour ago, Mikky said:

I’m sure they would have put a provision in the accounts in anticipation 

 

The contingent liabilities note basically says they've accrued for it so probably moved it there from provisions at some point, but that's a nicety due to being more sure of it since 2017, so either way it's accounted for already.

 

The only thing it does say is that they haven't accounted for anything additional re it (e.g. at a guess, if it was higher than they thought / any additional fines or penalties they weren't expecting, should there be any).

 

 

Edited November 30, 2023 by Abacus

[SUPERTOON]

New sponsor ?

 

https://x.com/InPostPL/status/1730893453934940571?s=20

[The Butcher]

1 minute ago, SUPERTOON said:

New sponsor ?

 

https://x.com/InPostPL/status/1730893453934940571?s=20

 

[gbandit]

Parcel locker? ? ? 

[TheHoob]

Them inpost lockers are magic tbf. 

[PauloGeordio]

 

[LordJake]

2 hours ago, The Butcher said:

 

Yep, my mate’s nephew is one of the head honchos. His father died recently and he wanted to be involved to honour his dad’s legacy. Deal was done a couple of weeks ago 

[The Butcher]

 

[Miggys First Goal]

Money, money, money. 

[Ghandis Flip-Flop]

Amazing what happens when the place isn’t plastered with Sh#te D1r@ct and the club isn’t considered a toxic brand anymore. Almost like an allegedly intelligent businessman didn’t realise the licence to print money he had

[bigfella]

2 minutes ago, Ghandis Flip-Flop said:

Amazing what happens when the place isn’t plastered with Sh#te D1r@ct and the club isn’t considered a toxic brand anymore. Almost like an allegedly intelligent businessman didn’t realise the licence to print money he had

 

I'll never, ever understand Ashley's motives.

Selling sporting goods was his core business and as you say, owning us would be a licence to print money. But he took us backwards. 

[r0cafella]

3 hours ago, bigfella said:

 

I'll never, ever understand Ashley's motives.

Selling sporting goods was his core business and as you say, owning us would be a licence to print money. But he took us backwards. 

The club was a loss leader for him, he didn’t care and was far happier to enjoy the free advertising for the rest of his tat empire. 

[TheBrownBottle]

7 hours ago, bigfella said:

 

I'll never, ever understand Ashley's motives.

Selling sporting goods was his core business and as you say, owning us would be a licence to print money. But he took us backwards. 

 

4 hours ago, r0cafella said:

The club was a loss leader for him, he didn’t care and was far happier to enjoy the free advertising for the rest of his tat empire. 

Thing is, if he’d even allowed the club to grow naturally in terms of its other commercial revenue streams and papered SJP in SD ads, he’d still have been in a better position.  Instead the club had a skeleton staff of amateurs and incompetents.  Every done to date by the new ownership would have been possible under Ashley with just a bit of care and attention.  Don’t get me wrong, where PIF likely want to take us would have been beyond Ashley - but there would have been nothing wrong with that. 

[Stifler]

It’s been said many times before, but the best comparison is Spurs. They were below in the table and in recent years standings when Ashley bought us. They had a stadium that was alright, but past it’s best.

They now have had a team who have been close to winning things, established themselves in the top 4, brought in major commercial revenue including Nike throwing money at them, and pumping out Spurs branded stuff that nearly makes PSG blush. To top it all off they have built the world’s best sporting stadium, and have a new training ground/academy to match.

 

There is absolutely no reason why a well ran Newcastle couldn’t have had the same, and I’d probably argue Aston Villa, and Everton into that as well. Alas Ashley well and truly did a demolition job on us, Villa suffered for their ownership, but are on the right track now, and Everton are trying to get there with their stadium, but still suffering.

 

The squad and coaching staff we have now is nothing that wasn’t beyond Ashley if he wanted it.

As someone has already said, we were a loss leader to him, like a newspaper in a supermarket, full of fucking shit, but brings the people in to spend their money.

 

 

Edited December 3, 2023 by Stifler

[54]

 

[Groundhog63]

On 03/12/2023 at 07:22, Stifler said:

As someone has already said, we were a loss leader to him, like a newspaper in a supermarket, full of fucking shit, but brings the people in to spend their money.

It's bread and milk they use to get the punters in, btw ?

Newspapers, on the other hand, lose their rich, establishment, owners 100s of millions a year but are cost effective in that they direct the public's thought processes in the direction that suits the rich. 

 

Agree with the rest tho, apart from a tax dodge, I've no idea what the FCB was playing at. 

[r0cafella]

Quote

The multi-year partnership sees InPost becoming the club's Official Parcel Collection and Delivery Service Partner

[Stifler]

2 minutes ago, Groundhog63 said:

It's bread and milk they use to get the punters in, btw ?

Newspapers, on the other hand, lose their rich, establishment, owners 100s of millions a year but are cost effective in that they direct the public's thought processes in the direction that suits the rich. 

 

Agree with the rest tho, apart from a tax dodge, I've no idea what the FCB was playing at. 

For Supermarkets though and independent stores, newspapers are a massive loss leader.

If I owned a shop, not a fucking chance I’d stock them.

[Groundhog63]

6 minutes ago, Stifler said:

For Supermarkets though and independent stores, newspapers are a massive loss leader.

If I owned a shop, not a fucking chance I’d stock them.

Getting sacked, for being unreliable, at my first "job" was both a wake up call (excuse the pun) & a forecast to future me ???

Loved that paper round. 

 

I take the mother in law shopping every Monday and she likes a Chronicle from Sainsbury's. 

Guaranteed, when I go over to get it off the stand, there'll be an bloke reading one.

Guaranteed, I'll say "it's not a library, mate" 

Oh how we chuckle