Jump to content

Recommended Posts

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 by Whitley mag

Link to post
Share on other sites

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.

Link to post
Share on other sites

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.

Link to post
Share on other sites

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 

Link to post
Share on other sites

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 by Fezzle

Link to post
Share on other sites

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 by Abacus

Link to post
Share on other sites

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. 

Link to post
Share on other sites

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. 

Link to post
Share on other sites

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. 

Link to post
Share on other sites

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 by Stifler

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...