Jump to content
talkfootball365
  • Welcome to talkfootball365!

    The better place to talk football.

Jeremy Corbyn - “Newcastle Utd Fans Should Have a Say!”


Recommended Posts

There's a court case going on at the minute between Ashley and Tony Jimenez over a french golf course they invested in. Jimenez told the court that in 2008 Ashley got smashed and caused a bar disturbance in Dubai before he was supposed to meet Sheikh Mansour to sell the club to him. The meeting never went ahead as a result.

The rest is history.

Link to comment
Share on other sites

  • Replies 73
  • Created
  • Last Reply

He'll be talking like that to maximise his sale price.... it's not for sale until its sold. 

I just wonder... if there's any chance that he's not a total prick. Like perhaps that he's wanted to pump in more money than he's been able to but his assets aren't that liquid... maybe pressure from online sales or heavily in debt for real estate purchases so he can't afford to splash out...

If that genuinely was the circumstance you'd have to feel very sorry for him cos that type of confrontation and being perceived by basically the entire British football fraternity as the biggest prick ever to live would be a terrible weight to bear....

Link to comment
Share on other sites

  • Subscriber

Whoever gave Mike that idea really should take a bow because if that's all it takes for Newcastle players to get motivated I think I might just start laughing. Wonder how Rafa is taking the news?

Link to comment
Share on other sites

What more has to happen to that club as a direct result of Mike Ashley being himself before fans start protesting on the same level as Blackpool and Charlton fans have in recent years? 

Protesting outside of a shop in the city centre isn’t going to cause much of a stir and before that Tottenham game, it looked a relatively small crowd that had congregated outside of Sports Direct and not many journalists seemed to cover it. Surely protests in and around the ground are more hard hitting to Ashley and his reputation than that?

Or is their a general sense of apathy around the whole situation that people have just given up and given in and are just resigned to Ashley remaining as owner? 

Link to comment
Share on other sites

28 minutes ago, Harry said:

He'll be talking like that to maximise his sale price.... it's not for sale until its sold. 

I just wonder... if there's any chance that he's not a total prick. Like perhaps that he's wanted to pump in more money than he's been able to but his assets aren't that liquid... maybe pressure from online sales or heavily in debt for real estate purchases so he can't afford to splash out...

If that genuinely was the circumstance you'd have to feel very sorry for him cos that type of confrontation and being perceived by basically the entire British football fraternity as the biggest prick ever to live would be a terrible weight to bear....

It's not about him putting his own money in. A football finance journalist calculated that by the end of this season we will have a £98m profit from the last 2 seasons.

There also isn't one singular way to run a business. One thing the club does that no one else in football does is we could sell a player for £6m in installments as per norm, but we would only give that money over to the manager as transfer funds when an installment is in the bank. If the first installment is £500k then that is all the manager will get.

Another thing no one else does is that when we sell a player for £10m if we want to replace him we must deduct VAT from that £10m, then deduct the sign on fee, agent fees and wages upfront of the replacement. Whatever is left is the transfer fee. This is how we ended up selling Merino for £10m and replaced him with a free transfer, Ki. 

People look at Mike Ashley, people like Craig Bellamy, and they say he's a great business man. 

How can anyone read what I have just said and think that is a good way to run a club?

Remember when we last went down? It was the accumulation of over time only signing cheap foreign players from Belgium and Holland with the view of making a profit on them. That was the business model. Was that a good way to run a business? It gave him a nasty wake up call which is why he lets Rafa have whoever he wants. The trouble is he hasn't got the budget.

Mike Ashley has taken the culture and model he uses in race to the bottom retail and tried to apply it to a football club. It's not transferrable. 

 

13 minutes ago, Smiley Culture said:

What more has to happen to that club as a direct result of Mike Ashley being himself before fans start protesting on the same level as Blackpool and Charlton fans have in recent years? 

Protesting outside of a shop in the city centre isn’t going to cause much of a stir and before that Tottenham game, it looked a relatively small crowd that had congregated outside of Sports Direct and not many journalists seemed to cover it. Surely protests in and around the ground are more hard hitting to Ashley and his reputation than that?

Or is their a general sense of apathy around the whole situation that people have just given up and given in and are just resigned to Ashley remaining as owner? 

I think organisation and finding something everyone agrees on is the problem. 

We've got home games coming up where we have to get behind the team as well.

Link to comment
Share on other sites

2 hours ago, Harvsky said:

It's not about him putting his own money in. A football finance journalist calculated that by the end of this season we will have a £98m profit from the last 2 seasons.

There also isn't one singular way to run a business. One thing the club does that no one else in football does is we could sell a player for £6m in installments as per norm, but we would only give that money over to the manager as transfer funds when an installment is in the bank. If the first installment is £500k then that is all the manager will get.

Another thing no one else does is that when we sell a player for £10m if we want to replace him we must deduct VAT from that £10m, then deduct the sign on fee, agent fees and wages upfront of the replacement. Whatever is left is the transfer fee. This is how we ended up selling Merino for £10m and replaced him with a free transfer, Ki. 

People look at Mike Ashley, people like Craig Bellamy, and they say he's a great business man. 

How can anyone read what I have just said and think that is a good way to run a club?

Remember when we last went down? It was the accumulation of over time only signing cheap foreign players from Belgium and Holland with the view of making a profit on them. That was the business model. Was that a good way to run a business? It gave him a nasty wake up call which is why he lets Rafa have whoever he wants. The trouble is he hasn't got the budget.

Mike Ashley has taken the culture and model he uses in race to the bottom retail and tried to apply it to a football club. It's not transferrable. 

 

I think organisation and finding something everyone agrees on is the problem. 

We've got home games coming up where we have to get behind the team as well.

Surely whatever games you have are irrelevant? Premier League status is irrelevant as well really. Surely it must reach a time where the stuff on the pitch no longer matters as long as Mike Ashley is driven out? 

 

Link to comment
Share on other sites

12 hours ago, Harvsky said:

It's not about him putting his own money in. A football finance journalist calculated that by the end of this season we will have a £98m profit from the last 2 seasons.

There also isn't one singular way to run a business. One thing the club does that no one else in football does is we could sell a player for £6m in installments as per norm, but we would only give that money over to the manager as transfer funds when an installment is in the bank. If the first installment is £500k then that is all the manager will get.

Another thing no one else does is that when we sell a player for £10m if we want to replace him we must deduct VAT from that £10m, then deduct the sign on fee, agent fees and wages upfront of the replacement. Whatever is left is the transfer fee. This is how we ended up selling Merino for £10m and replaced him with a free transfer, Ki. 

People look at Mike Ashley, people like Craig Bellamy, and they say he's a great business man. 

How can anyone read what I have just said and think that is a good way to run a club?

Remember when we last went down? It was the accumulation of over time only signing cheap foreign players from Belgium and Holland with the view of making a profit on them. That was the business model. Was that a good way to run a business? It gave him a nasty wake up call which is why he lets Rafa have whoever he wants. The trouble is he hasn't got the budget.

Mike Ashley has taken the culture and model he uses in race to the bottom retail and tried to apply it to a football club. It's not transferrable. 

 

I think organisation and finding something everyone agrees on is the problem. 

We've got home games coming up where we have to get behind the team as well.

So he's running a club as a businesss and trying to turn a profit using a "dont think big" mentality? 

Surely the only way to drive that out is for fans to drive down the value of his business so he's forced to sell in desperation before his stocks drop even lower...? 

Link to comment
Share on other sites

  • 2 weeks later...

Mike Ashley has not received any "acceptable" offers for Newcastle a year after he officially put the Premier League club up for sale.

Ashley's lawyer appeared on Sky Sports News last October to announce that Ashley had taken Newcastle as far as he could.

Andrew Henderson, of Dentons, said: "I think there's a view that over the years there has been a considerable investment, perhaps a feeling that all that can be done has been done. So, it is probably just a recognition that it might be time for a change".

Newcastle have struggled on the pitch this season and sit 19th in the Premier League

The aim was to sell the club by last Christmas, but despite expressions of interest, no serious or acceptable offers have been made.

A group of Saudi Arabian investors are the latest interested party, but no contact has been made with Ashley's camp.

Ashley will not sell unless he receives assurances that prospective new owners have the funds to take the club forward.

Businesswoman Amanda Staveley tried to buy Newcastle for £250m last year, but she could not agree a deal with Ashley.

In September, there were reports that former Manchester United and Chelsea chief executive Peter Kenyon was trying to form a consortium to take over at St James' Park.

Link to comment
Share on other sites

  • 1 month later...
  • Subscriber

Newcastle United: Ex-Man Utd & Chelsea chief Peter Kenyon heads takeover consortium

By Richard Conway

BBC sports news correspondent

58 minutes ago | Newcastle

Former Chelsea and Manchester United chief executive Peter Kenyon is heading a consortium that is in talks to buy Newcastle United.

Current owner Mike Ashley said in an interview this week that discussions over a sale "are at a more progressed stage than they have ever been".

It is believed a potential deal with Kenyon is what Ashley was referring to.

Kenyon is understood to be working with the American financial advisory firm Rockefeller Capital Management.

It is unknown if a firm bid has been lodged yet.

However, Kenyon's group are short on time if the purchase is to be made prior to the start of the January transfer window.

Premier League checks and processes when clubs change hands take around 14 days to complete.

The Christmas break and Richard Scudamore's departure as executive chairman of the league later this month could also be complicating factors regarding that timeframe.

Those regulatory checks can only take place after extensive due diligence of the club's financial position, and any final negotiations and legal work has concluded between the two sides.

That makes a December purchase date optimistic - even if a deal was to be agreed in the coming days.

Other suitors are also reported to be interested in the club, which Ashley formally put up for sale in 2017.

Newcastle have twice been relegated from the Premier League under Ashley's ownership.

https://www.bbc.co.uk/sport/football/46451720

Link to comment
Share on other sites

If an owner comes in who wants to spend and compete you have to wonder if there is actually a spot available amongst the 'ambitious clubs', it seems so saturated now in the top half, unlike 10.. even 5 years ago. You've got Bournemouth spending and now seeing real progress, Watford's owners and their cut throat approach. The Leicester's & Everton's and now the likes of Fulham with their mega bucks, Wolves with a super agent; and this is not even mentioning the top 6 itself.

Link to comment
Share on other sites

2 hours ago, DNA said:

If an owner comes in who wants to spend and compete you have to wonder if there is actually a spot available amongst the 'ambitious clubs', it seems so saturated now in the top half, unlike 10.. even 5 years ago. You've got Bournemouth spending and now seeing real progress, Watford's owners and their cut throat approach. The Leicester's & Everton's and now the likes of Fulham with their mega bucks, Wolves with a super agent; and this is not even mentioning the top 6 itself.

You're definitely overselling the quality of the league. Theres no reason why a backed Newcastle shouldn't be able to compete with Bournemouth, Watford, Wolves and Everton.

Above them there seems to be a solid top 3 in City, Liverpool and Spurs but then you have Arsenal, Chelsea and United and you don't know where any of them will be by the end of the season.

The spending is really no different now than ten years ago when it's all put in context.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.


Sign up or subscribe to remove this ad.


×
×
  • Create New...