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Newcastle FC (june/july2019)

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You've just described 86 of the 92 league clubs.
They still live in the 90s era. That’s the problem they will never accept it’s long gone.

They are not a special club, just another one who are cannon fodder. He talks of spending the money the fans put in, where does he think the money goes? Paying players fifty and sixty grand a week, if not more.

Ashley has them steady in mid table, makes a profit. In someways the absolute perfect model on running the club

The drama queens don’t want that, they want overspend and deluded notions of challenging

One extra, the record transfer signing seems to be collectively forgotten.
 

i know I should know better, but why did Ashley have that in Benitez contract, if as we are told, Benitez loved the fans, the club and the city?

Now that clause has expired and lo and behold, Benitez leaves asap

According to the numbnuts Benitez got them, yet it would appear it would cost him £6million to leave, he plays the wronged martyr for the length of that contract and leaves immediately when it expires.

I think Ashley putting that clause in, knew more than the numbnuts, that Benitez would be off, if a offer came.
 
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.

You either have a cracking academy system that produces saleable young players (Southampton are probably the best English club we've seen at this, but the real masters are Ajax), you have ever increasing bank borrowings (don't ask Pompey fans about the merits of that), or you hope for a bottomless pit of owners' money. The last way is the one the fans want (mainly because they don't appreciate that net worth is not the same thing as a pile of ready cash), but even that's of limited use. If we consider Short and Abramovic (looks odd, I know, but bear with me), both stopped putting money in when the amount of soft debt (loans from the owners) reached around 15% of their net worth. That suggests that for any owner, no matter how rich, there's an upper limit of investment beyond which they will not go. It's possible, I suppose, though harder now with FFP, to invest enough to break into the magic circle that brings Champions League money with it, but how long would it take an owner to recoup it? Few clubs make as much as £50m annual profit. If you've had to put in £1bn to do that, you'd have to extract that entire trading profit for 20 years to get your money back. To a businessman behaving rationally, that's nonsensical. Deloitte do the game no favours by compiling their "rich list" on the basis of turnover alone. Turnover means nothing if you're not profitable with it, and it created unrealistic expectations amongst fans who, for the most part, are (undertandably) not financial experts.
 
You've just described 86 of the 92 league clubs.
So Fulham are not included? and Brighton? Even you?

I wouldn't be happy if we went and pissed 100mil up the wall and went into administration, but I want to spend a little more than we make just to give it a go.
Look I know it looks like I am being childish "I want more, I want more" but a club without ambition is a dead club. Fulham gave it a go by spending something like 100mil it failed but they gave it a go, there fans would have been loving it. Ok it failed but had they played cautiously and spent within their means they would have failed too, but the fan base would have been pissed that they didn't even try..
 
So Fulham are not included? and Brighton? Even you?

I wouldn't be happy if we went and pissed 100mil up the wall and went into administration, but I want to spend a little more than we make just to give it a go.
Look I know it looks like I am being childish "I want more, I want more" but a club without ambition is a dead club. Fulham gave it a go by spending something like 100mil it failed but they gave it a go, there fans would have been loving it. Ok it failed but had they played cautiously and spent within their means they would have failed too, but the fan base would have been pissed that they didn't even try..
They'd also have been £100 million better off.
 
I'm still treasurer at the choir I sing with, and there's always plenty going on here and at your place to keep me busy trying to explain what's going on.

For what it's worth, you do a fantastic job of explaining finances to to people like me who know the square root of fuck all about how business and finances work.

I have always enjoyed reading your posts.
 
I know loads that bought Season Tickets when the super rich Arab was meant to be taking over. They're all trying to get their money back now.:lol::lol:

Ashley.:cool:

Really? What does that say about them? It is not like they have seen there team relegated twice and end up with the lowest finish in club history.
 
Show me where I said it then.

Stop making shit up, man.
You still haven’t grasped what I’ve implied :lol: thick as a castle wall. You are all very touchy today, you can come on a Sunderland fan forum and give it out but can never take it. There was even a caller on talksport last night saying talking about Mourinho man :lol: deluded as fuck.

No takeover, no Rafa, it’s all gone abit tits up. I’m surprised you haven’t used the typical response of “league one” yet. It’s all you lot have. Yes I meant all Newcastle fans not just you personally.
 
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