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Newcastle FC (june/july2019)

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Grumpy Old Man said:
All that proves is that you spent the money you could have spent first year back in the PL on getting promoted. Classic error. "Clubs spend money they do not have; they spend next year’s income. They spend money that will not arrive for two years and say, "But we'll have some success and bring in more cash to cover the shortfall". It cannot be sustained. In good times you need to be saving money for the bad times. If we reach the Premier League, I would like to be in a position where we did not need parachute payments. In good years you should put money away for the bad years." - Nicola Cortese, ex-CEO of Southampton. Ring any bells?
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Not exactly what Ashley does, because when we'd nearly been relegated in 14/15, the following season he sanctioned £90m worth of transfers under McClaren.
 

Grumpy Old Man said:
When you've got players like McCormack getting £80k/week in that division, and not getting a game, it looks obvious. Leeds are only within the rules because they made £18m profit on transfers on 2018 - you can't rely on that happening every year (their wages took up £32 of £40m turnover, and that's far from the worst ratio in the division).
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You work in finance or something? Serious question, not being sarcastic at all.
 
Grumpy Old Man said:
All that proves is that you spent the money you could have spent first year back in the PL on getting promoted. Classic error. "Clubs spend money they do not have; they spend next year’s income. They spend money that will not arrive for two years and say, "But we'll have some success and bring in more cash to cover the shortfall". It cannot be sustained. In good times you need to be saving money for the bad times. If we reach the Premier League, I would like to be in a position where we did not need parachute payments. In good years you should put money away for the bad years." - Nicola Cortese, ex-CEO of Southampton. Ring any bells?
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Been going on longer than that, marra.

From Genesis 41:2 to 41:4

"And, behold, there came up out of the river seven well favoured cows and fat; and they fed in a meadow.
And, behold, seven other cows came up after them out of the river, ill favored and thin; and stood by the other cows upon the bank of the river.
And the ill favored and thin cows did eat up the seven well favored and fat cows. So Pharaoh awoke."
 
Louise Taylor in the Guardian today, bemoaning how FSW had the “Premier League’s weakest squad”. Just so much f***ing bullshit.


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Grumpy Old Man said:
You know what net spend really means? It means you constantly spend more on players than you claw back in sales. Our net spend under Short was something like £240m. Much good it did us. What Ashley does is refuse to spend stupid money on 30 years olds who go on a free 2 or 3 years later. Huge net spend to improve league position is the economics of the madhouse. Every one place improvement in League position brings in a extra £2m in PL money. That's £10m for 5 places, but you want Ashley to spend £100m+ doing it. Irrational. The ideal net spend is zero and to maintain you desired league position with it.

If you have a net spend of £100m every year, that means that over 10 years, £1bn has to be found from somewhere. Here's a hint - selling out a ground won't do it.
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So the ideal net spend is £0 I agree, that would be the perfect business model, in fact even better would be to make a profit on players each year and still maintain the current team performance.
The issues are:-
The fan base who pumps money in, (yes, a drop in the ocean compared to the TV income) wont take kindly to the lack of investment, if all you do is maintain your position, the fan base would rightly demand that you spend some of the income on trying to improve.
Eventually you wont be able to sell high and buy low, your stars will eventually disappear and assets just wont be able to bring the revenue to enable you to buy the quality to maintain your position. If you keep watering down cordial it will eventually just become water.
Whats the point in sport to aim to achieve mediocrity? If your aim is simply to do just enough to survive, whats the point? I get that it's the best that currently we can hope for, but if you find a star you start to build around them, build a team that has a chance of pushing on, make the next step. If you cash that star in to fund the next couple of players (lack of investment) then you are back to square one.
I don't see the point.
 
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Mark E Smith said:
Louise Taylor in the Guardian today, bemoaning how FSW had the “Premier League’s weakest squad”. Just so much f***ing bullshit.


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Haha it’s unreal mate they go on like he worked miracles with a Cardiff midtable type championship squad ... For some reason the media are coming across as thick as any mag
 
Sombrero said:
Listen mate, I come on here for a bit decent crack with decent folk. You don’t fall into that category. Daft knacker ffs? I bet you say gravy and go and shag your sister etc. Go back to the playground or put me on ignore.
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Errm not for you to tell another poster what to do :lol:

Oh and I'm not your "mate".
 
Amaw said:
So the ideal net spend is £0 I agree, that would be the perfect business model, in fact even better would be to make a profit on players each year and still maintain the current team performance.
The issues are:-
The fan base who pumps money in, (yes, a drop in the ocean compared to the TV income) wont take kindly to the lack of investment, if all you do is maintain your position, the fan base would rightly demand that you spend some of the income on trying to improve.
Eventually you wont be able to sell high and buy low, your stars will eventually disappear and assets just wont be able to bring the revenue to enable you to buy the quality to maintain your position. If you keep watering down cordial it will eventually just become water.
Whats the point in sport to aim to achieve mediocrity? If your aim is simply to do just enough to survive, whats the point? I get that it's the best that currently we can hope for, but if you find a star you start to build around them, build a team that has a chance of pushing on, make the next step. If you cash that star in to fund the next couple of players (lack of investment) then you are back to square.
I don't see the point.
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You've just described 86 of the 92 league clubs.
 
Amaw said:
So the ideal net spend is £0 I agree, that would be the perfect business model, in fact even better would be to make a profit on players each year and still maintain the current team performance.
The issues are:-
The fan base who pumps money in, (yes, a drop in the ocean compared to the TV income) wont take kindly to the lack of investment, if all you do is maintain your position, the fan base would rightly demand that you spend some of the income on trying to improve.
Eventually you wont be able to sell high and buy low, your stars will eventually disappear and assets just wont be able to bring the revenue to enable you to buy the quality to maintain your position. If you keep watering down cordial it will eventually just become water.
Whats the point in sport to aim to achieve mediocrity? If your aim is simply to do just enough to survive, whats the point? I get that it's the best that currently we can hope for, but if you find a star you start to build around them, build a team that has a chance of pushing on, make the next step. If you cash that star in to fund the next couple of players (lack of investment) then you are back to square one.
I don't see the point.
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Thats why the premiership is so shite tbh.
Accept that you’ll finish anywhere from bottom to 7th.
Accept that any player that excel will be away in 18 months maximum.

Biggest excitement available to safc or nufc are relagations or cups. I know the finances but Id actually prioritise cup v league if i was at either helm.
 
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