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28 minutes ago, TheBrownBottle said:

I don’t rate Elanga at all - absolutely bizarre panic bids if true 

Forest board needs to quit if they turned down £50m for Elanga.

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1 minute ago, huss9 said:

Forest board needs to quit if they turned down £50m for Elanga.

100%.  I thought they were my favourite board, having paid money for Wood, Shelvey and daft money for Anderson; then they upset me with their 20m for Ulysses nonsense (FFP chicanery or not).  With turning down 50m for Elanga, they're right back on top again

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15 minutes ago, Whitley mag said:

Newcastle's 33-year-old defender Kieran Trippier, who retired from England duty last week, has agreed a deal with Turkish side Eyupspor. (Sportsdigitale - in Turkish)

That's where Shelvey just went isn't it ?

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No way we offered 50m for Elanga :lol:

 

The fact we bid for him at all kinda tells me we do not have a long term plan regarding squad building mind. 
 

If you like him at 35m when didn’t you offer man united when they sold him for 15m. 

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Back off ban. 
 

the squad building is a mess. I’m pointing the finger at PIF for not setting clear direction and strategy.  
 

I still go back to last summers spending spree for which I’ll blame on Staveley and Mehrdad as acting owners. It didn’t make that much sense at the time but knowing what we know now - it was a shitshow strategically. An over budget window prioritising some of the wrong positions, with the wrong profile, some Howe style, some Ashworth style. Ended up not following any approach. In their defence - if we had a full Eddie window and a bit of luck, we finish top 5. If we had a full Ashworth window, we are much better positioned for FFP/PSR. 

 

Didnt  make the hard decisions in January. June was a mess.  The rest of the window was worse.  
 

I’ve got some questions over Eddie’s influence over transfers. His preference for PL experience is incompatible with our FFP position. But I also think he’s been set aggressive targets so it makes sense he wants low risk signings. Men with PL experience. Not foreign boys with potential. But I believe in his ability to over achieve on the pitch. And that’s the saving grace. As well as having some super talented players. 

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8 minutes ago, The College Dropout said:

Back off ban. 
 

the squad building is a mess. I’m pointing the finger at PIF for not setting clear direction and strategy.  
 

I still go back to last summers spending spree for which I’ll blame on Staveley and Mehrdad as acting owners. It didn’t make that much sense at the time but knowing what we know now - it was a shitshow strategically. An over budget window prioritising some of the wrong positions, with the wrong profile, some Howe style, some Ashworth style. Ended up not following any approach. In their defence - if we had a full Eddie window and a bit of luck, we finish top 5. If we had a full Ashworth window, we are much better positioned for FFP/PSR. 

 

Didnt  make the hard decisions in January. June was a mess.  The rest of the window was worse.  
 

I’ve got some questions over Eddie’s influence over transfers. His preference for PL experience is incompatible with our FFP position. But I also think he’s been set aggressive targets so it makes sense he wants low risk signings. Men with PL experience. Not foreign boys with potential. But I believe in his ability to over achieve on the pitch. And that’s the saving grace. As well as having some super talented players. 

Ban?

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Ashworth has to take some of the blame for overspending so badly; £70m was spent on a LB who wasn’t viewed as ready to play by the manager and a winger who was viewed as second choice to the other winger they’d signed only 6 months previous. Even Livramento only played because of major injuries and even that at left back a lot, not his favoured position. 
 

Regardless of all that, how you can miscalculate £70m in PSR terms is unbelievable. I said in another thread how I think there’s a lot of blaggers in football and people who operate at high levels through other reasons than actual ability. 
 

To me, looking from the outside, PIF need to seek out someone reliable in the football world and ask them for advice about who’s legit and who’s really a bullshitter deep down, CEO-wise. Then hire a legit, competent, CEO. I’d also say to promote Steve Nickson or just get rid of the DoF role full stop. Let Howe, Nickson and scouts sort out the football decisions, leave the finance to the new CEO /

current chairman.

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18 minutes ago, timnufc22 said:

Ashworth has to take some of the blame for overspending so badly; £70m was spent on a LB who wasn’t viewed as ready to play by the manager and a winger who was viewed as second choice to the other winger they’d signed only 6 months previous. Even Livramento only played because of major injuries and even that at left back a lot, not his favoured position. 
 

Regardless of all that, how you can miscalculate £70m in PSR terms is unbelievable. I said in another thread how I think there’s a lot of blaggers in football and people who operate at high levels through other reasons than actual ability. 
 

To me, looking from the outside, PIF need to seek out someone reliable in the football world and ask them for advice about who’s legit and who’s really a bullshitter deep down, CEO-wise. Then hire a legit, competent, CEO. I’d also say to promote Steve Nickson or just get rid of the DoF role full stop. Let Howe, Nickson and scouts sort out the football decisions, leave the finance to the new CEO /

current chairman.

Agreed, though I've never understood why PIF doesn't have full time board representation - I know NUFC is relatively small as an investment vehicle, but the visibility outstrips most of their usual investments.  There are some embarrassing questions now circulating in the national press (some of which the owners have invited with big statements of intent ...)

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22 minutes ago, TheBrownBottle said:

Agreed, though I've never understood why PIF doesn't have full time board representation - I know NUFC is relatively small as an investment vehicle, but the visibility outstrips most of their usual investments.  There are some embarrassing questions now circulating in the national press (some of which the owners have invited with big statements of intent ...)

Given the sums they are paying they are putting the trust in the management team they appoint for top dollar to perform. 

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2 hours ago, The College Dropout said:

Back off ban. 
 

the squad building is a mess. I’m pointing the finger at PIF for not setting clear direction and strategy.  
 

I still go back to last summers spending spree for which I’ll blame on Staveley and Mehrdad as acting owners. It didn’t make that much sense at the time but knowing what we know now - it was a shitshow strategically. An over budget window prioritising some of the wrong positions, with the wrong profile, some Howe style, some Ashworth style. Ended up not following any approach. In their defence - if we had a full Eddie window and a bit of luck, we finish top 5. If we had a full Ashworth window, we are much better positioned for FFP/PSR. 

 

Didnt  make the hard decisions in January. June was a mess.  The rest of the window was worse.  
 

I’ve got some questions over Eddie’s influence over transfers. His preference for PL experience is incompatible with our FFP position. But I also think he’s been set aggressive targets so it makes sense he wants low risk signings. Men with PL experience. Not foreign boys with potential. But I believe in his ability to over achieve on the pitch. And that’s the saving grace. As well as having some super talented players. 


@Colos Short and Curlies I was going to reply to you in the Eales thread, but TCD has nailed my main counter here.

 

I agree that I don’t blame them for going for it to some extent coming off the surprise CL qualification and I’m very sympathetic to the fact our season had more bad turns than just about any reasonable projections. The five day stretch from Nov. 28 (Paris handball) to Dec. 2 (Pope shoulder) probably cost us £15-25m alone, despite the injuries and Tonali suspension.

 

But the bad luck, 7th place finish, and CL exit don’t explain just how far over the PSR limit we were in June. That’s not going for it; that’s just irresponsible.

 

I don’t know if we thought last summer that there was no chance of keeping Bruno and we pre-spent that money, or Joelinton was the primary plan (though I question what his market would have been), or if we weren’t actually that worried about breaching PSR until Everton, but something went very wrong.

 

And if we were going for it then why did we add ~£5m in costs on an 18 year old project (plus commit to that fee for this year)? And why did we do that after any calculations in August would have shown we were far past reasonable?
 

Any indictment of this window really needs to go back to last summer, and it’s why I don’t think anyone involved since June 2023 is blameless.

 

For that reason I was fine with us not doing much this summer because I felt like we needed a bit of a reset financially, but the Guehi stuff and, even worse if true, desperate bids for Elanga make me question what we’re doing.

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41 minutes ago, timeEd32 said:


@Colos Short and Curlies I was going to reply to you in the Eales thread, but TCD has nailed my main counter here.

 

I agree that I don’t blame them for going for it to some extent coming off the surprise CL qualification and I’m very sympathetic to the fact our season had more bad turns than just about any reasonable projections. The five day stretch from Nov. 28 (Paris handball) to Dec. 2 (Pope shoulder) probably cost us £15-25m alone, despite the injuries and Tonali suspension.

 

But the bad luck, 7th place finish, and CL exit don’t explain just how far over the PSR limit we were in June. That’s not going for it; that’s just irresponsible.

 

I don’t know if we thought last summer that there was no chance of keeping Bruno and we pre-spent that money, or Joelinton was the primary plan (though I question what his market would have been), or if we weren’t actually that worried about breaching PSR until Everton, but something went very wrong.

 

And if we were going for it then why did we add ~£5m in costs on an 18 year old project (plus commit to that fee for this year)? And why did we do that after any calculations in August would have shown we were far past reasonable?
 

Any indictment of this window really needs to go back to last summer, and it’s why I don’t think anyone involved since June 2023 is blameless.

 

For that reason I was fine with us not doing much this summer because I felt like we needed a bit of a reset financially, but the Guehi stuff and, even worse if true, desperate bids for Elanga make me question what we’re doing.


There was a possibility that Ashworth gambled we could advance to the latter stage of ECL that the extra price money could help to cover part of the cost, plus the Joelinton sale (yeah I know).

 

And that could also probably explain why he was so desperate to accept Man Utd offer after we crashed out from ECL - he knew what would happen afterwards. 
 

the PSR requirement is something very football industry specialised. It requires a lot of football knowledge, connection and communication, and also long term planning to survive from it, nevermind making good use of it. I am really not surprised that Eales / Amanda / all of them (except Ashworth) got caught by the PSR requirement, hence the disaster, because it is not something common in other kinds of business. You cannot just hire a CEO or director from a fast food chain or department store and expect them to fully understand what the hell PSR is and the real implication on squad building.

 

Ashworth knew it though. He must knew it, that’s why he is so desperate for the Man Utd job. If he stayed, what happened last 6 months would hurt his reputation as a competent DOF. Now he is enjoying the praise for a very successful window there. Got it?

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