hank williams
Striker
@Frankel
Do you honestly believe that? Yes.
As far as I'm aware Ashley has very little to do with the running of the club now and its all been down to Lee Charnley and Benitez. That's the party line trotted out by Ashley to absolve humself of blame. Charnley does what Ashley tells him and Charnley answers to Ashley.
Like it or not, Ashley has put a huge amount of his own money in to the club. Not true. The only time Ashley has put his own money in (in the form of a loan from himself to the club) has been £20m in the seasons in the championship to cover 'running costs'. People go on about Benitez' net spend being relatively low, but he inherited Shelvey and Townsend who were purchased for circa £25m two months before he took over. Who provided that £25m? Ashley. Not true again. By that time the club was effectively self sufficient not just in terms of transfers, and was running at a profit since 2010/11.
When he took over Newcastle were close to doing a Leeds. Freddy Shepherd was running the club in to the ground, yet Ashley came in and steadied the ship. Debt was £75m when Ashley took over. Now the club's debt to Ashley is £130m. How many other clubs are running on an even keel? Think only 2 or 3 were in the red in the last list of premier league financial results. How many other managers would be allowed to overhaul the squad the way he did last summer? Even this window, hes still been allowed to bring in players. Why shouldnt he be expected to ship out a load of the players purposefully bought for promotion to fund new ones? 16 have left 6 have came in.
Why does money always indicate potential success? Steve McClaren spent a boat load of money on shite but pretty much relegated you. McClaren was appointed under the old model, and was part of the 'football board' which also featured Graham Carr, Bob Moncur and Lee Charnley. Carr was de facto director of football and had unbelievable influence on who the club signed, as backed up by Pardew, McClaren and even Carver.
Reply is in italics in the quote.
f***ing brilliant