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NUFC/Sportwashing

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MackemX said:
Where has the £62.7m in cash come from as it was just £14m in 2019?

I see the NET debt is now just £44.2m down from £97.5m in 2019. I thought Ashley was running them into the ground?

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You need to look at the full set of a/c's rather than this.

The amount 106,912,000 was moved from long term liabilities to short term liabilities.
 
Sabre Mag said:
I think what other clubs have proved is that it's both possible to be sound as a business but also have aims beyond just surviving in the PL year on year, and as a fan it's shite supporting a club with solely that sporting aim. Sunderland fans know that feeling as well as anyone. I don't think those two things need to be separate.
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Which other clubs and in what way?
 
MackemX said:
Which other clubs and in what way?
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Leicester, Southampton are good examples. League 1 clubs not in the not too distant past, now doing pretty well for themselves. They have better facilities then us and seem to also invest in the squad , and of course Leicester have won things we can only dream of.
Get
turnthetide3 said:
To put the whole charade into perspective, the mags are only 8 points off being in the top 6 - gerrin
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Getting the passport dusted off as we speak for next seasons European exploits.....
 
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Binxy said:
Clubs like Bournemouth, Watford, West Brom and Norwich.

Oh wait.🤔
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Of course it doesn't always go perfectly. 3 teams must go down. However, those teams have either had meteoric rises or bounced around up and down at a time when we were getting premier league riches bestowed upon us. And as things stand Watford are above us and we may very well swap places with the others. I would also wager that they have training facilities that don't involve their players sitting in wheelie bins.
 
BigPete said:
Gutted didn't make the list
You on @Exile 1968 ? :lol:
Funny thing is one of them could easily say to pals kick the fuck out of me..

Go to Police and say it was him he even named me online.

Thick as whale spunk.
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I only sent him 2 tweets, which he replied to one then blocked me. The jist was...

"Are you comfortable with NUFC being bought by a regime that funds terrorists, beheads gays, has murdered thousands of Yemenese and degrades women."

He replied...

"This is nothing to do my club"

I replied...

"It has everything to do with your club"

BLOCKED.

I dont think I'm on the list and tbh I really couldn't give a fuck what that swindling, self promoting wanker thinks anyway 🤣🤣🤣
Mackem2017 said:
Bigger than OJ! Christ alive

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🤣🤣🤣🤣🤣 Shockwaves. Everyone will remember where they were. Absolute FUCKWITS
 
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Sabre Mag said:
Of course it doesn't always go perfectly. 3 teams must go down. However, those teams have either had meteoric rises or bounced around up and down at a time when we were getting premier league riches bestowed upon us. And as things stand Watford are above us and we may very well swap places with the others. I would also wager that they have training facilities that don't involve their players sitting in wheelie bins.
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Sabre on Leicester take a look here:

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I fear, like Newcastle in the 1990's, it is built on sand. Look at loans, owner debt, external debt. If they run out of players to sell they are fecked.
 
Mackem2017 said:
Bigger than OJ! Christ alive

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It will actually be hours of tedious legal talk, which most people won't understand, and with absolutely no ground breaking or new information whatsoever.
jlaws said:
Sabre on Leicester take a look here:

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I fear, like Newcastle in the 1990's, it is built on sand. Look at loans, owner debt, external debt. If they run out of players to sell they are fecked.
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Cheers for that makes interesting reading. I think it's always a gamble and that could pay off and it might not and there are huge extremes on either side of that. However, seeing teams that a decade ago or less by 2 leagues (and honestly it could be you over he next few years) is very difficult to see and understand. And you could say that Leicester have taken a risk, but you could also say they've been ran brilliantly by making calculated choices that have paid off.
 
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Sabre Mag said:
I look at the evidence I see. Poor managerial appointments, a lack of investment in the stadium and more importantly the training facilities. Poor decision making, for example allowing Gayle a 3 year extension when he never plays as a means of cutting costs. Anything he puts into the club he will get back and more, which is his right as a business owner with his money, however, that could be done whilst making better decisions that could actually save money longer term, IE if adding another striker at 10 million keeps you in the league he will actually make you money, whilst showing some understanding of the limitations of the squad.

Surely I could have said the same to you about Ellis Short, whe you were buying Rodwell etc. At what point did you recognise that you were essentially a club seeking to just survive?
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I thought it was the cathedral on the hill? Probably should be renamed the Great North Stadium.
 
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Keith's never going to learn is he? If they buy Inter, he'll be saying its to gain experience of running a Club that will be priceless when they buy Newcastle. The f***ing wankspangle.
 
Mackem2017 said:
Bigger than OJ! Christ alive

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Hahahahahhaah it's class man.

Tbf sensible mags I know they are few and far between also think people like that are going on like total whoppers.
Exile 1968 said:
I only sent him 2 tweets, which he replied to one then blocked me. The jist was...

"Are you comfortable with NUFC being bought by a regime that funds terrorists, beheads gays, has murdered thousands of Yemenese and degrades women."

He replied...

"This is nothing to do my club"

I replied...

"It has everything to do with your club"

BLOCKED.

I dont think I'm on the list and tbh I really couldn't give a fuck what that swindling, self promoting wanker thinks anyway 🤣🤣🤣

🤣🤣🤣🤣🤣 Shockwaves. Everyone will remember where they were. Absolute FUCKWITS
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I wana make his list..

He turns up at my door I'd have a field day.
Porridge said:
:eek::eek::eek::eek:
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Users tainted now bud :lol:
 
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Sabre Mag said:
It will actually be hours of tedious legal talk, which most people won't understand, and with absolutely no ground breaking or new information whatsoever.

Cheers for that makes interesting reading. I think it's always a gamble and that could pay off and it might not and there are huge extremes on either side of that. However, seeing teams that a decade ago or less by 2 leagues (and honestly it could be you over he next few years) is very difficult to see and understand. And you could say that Leicester have taken a risk, but you could also say they've been ran brilliantly by making calculated choices that have paid off.
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Leicester story is an incredible one but also fortuitous - Kante, Drinkwater, Mahrez, Maguire, Chilwell - very few clubs can offload talent and still remain at that level. Huge parallels to Newcastle with Vardy top scorer over 5 seasons. In the 12 Prem seasons, before he retired Shearer was top scorer in all bar 2!

Football goes in waves - Sunderland 1890's, Huddersfield 1920's, Arsenal 1930's, Wolves (and Newcastle) 1950's, Leeds 1970's, Liverpool, 70's & 80's, Utd 90's and 00's, City 2010's, Chelsea 00's etc. Very few can remain at that level. In fact Liverpool are probably the closest as from 1962 they have averaged 3.5th with a very small standard deviation. The twitter warriors didn't like me pointing out Newcastle's all time average is 14th (with high standard deviation) and suggested I start in 1992 (8.5 average then) but history dictates that is not the case.
 
Sabre Mag said:
Leicester, Southampton are good examples. League 1 clubs not in the not too distant past, now doing pretty well for themselves. They have better facilities then us and seem to also invest in the squad , and of course Leicester have won things we can only dream of.
Get
Getting the passport dusted off as we speak for next seasons European exploits.....
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Leicester I can agree with in some way as they found some good players in past seasons and somehow won the league. They got £10's of millions extra revenue from Champions League and a bit more with global exposure. They also got £200m selling Mahrez, Chilwell, Kante and Maguire in just 4 transfers alone.

I feel they will revert to type in seasons to come and be in amongst the bottom half. I doubt they will be able to substain the money required to stay up there and challenge for Europa League scraps. Leicester have a £162m NET debt and got less revenue than NUFC yet their average wage is £73k compared to your £52k. A difference of £21k weekly is over £1m more per season per person, if both had similar numbers of personel. Look at the 4 images and the rise in their wages cost as from their 1st season back in the PL in 2015, it's gone from £57m to £157m in 2020 and it's doubled since they won the league.

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Looking at the tweet above and the big wage spending chasing success reminds me of the Mags in the 90's, along with Leeds and Blackburn. Aye they're up there now but long term it's unlikely the money will keep coming in like it has been for them to maintain (well push it to the limits given it's over 100%) that spending level. Also Schmeichel and Vardy (lacking goals even now) won't be around forever and past their prime.

Southampton have only been out the top league 7 seasons since 1977-78 and a total of 11 seasons since 1967-68 so they're were they've been for the last 50 odd years. However for all the time in the top league, they've finished top 10 a total of 13 times since 1968 in these positions and 4 of those since coming back up in 2013 as shown in brackets.

2nd - 1
5th - 1
6th - 2 (1)
7th - 5 (1)
8th - 4 (2)

They're no denying they had a decent spell a for 4 seasons after coming back up (is that due to the extra money) but they keep selling the good good players and they got £110m from Van Dyke/Mane alone. Prior to that they also sold Shaw/Llalana for £60m along with £100m from Lovren, Chambers, Clyne in those 4 seasons. They'll probably cash in on James Ward Prowse if he has a decent season. Even last season sold 2 they should really be keeping in Ings/Vestergaard. They are reverting to type in the last 4 seasons in the lower half.

The thing is, going down to League One for them was also a reset in some way to clear out the higher expenses like we have done. Southampton dropped to League One but then got promoted to the Championship and straight into the big money Premier League. They got the extra money, had 4 good seasons selling players for big money but the last 4 seasons haven't been as good and they lost £76m in 2020 finances and had a higher wage bill than NUFC.

So Leicester and Southampton may have invested more but they've made some good money selling players. Of the 3, I'd put Leicester first with the Mags in 2nd place and Southampton 3rd as they're closer to where you'd expect. The big question is will Leicester continue to prosper or has their 'success' bubble started to deflate? Will they be able to keep paying high wages and invest like they have if they start to drop down the table? I only put Leicester top for now and that's more to do with them being able to find decent players to also possibly sell have clubs ever been able to do this consistently?

This was just out of interest more than anything as I've just google most of the speil I've just spouted. If anything it shows me that there's more to look at than just NET spend or the other limited things most football fans may focus on. Leicester may look pretty on the outside at the moment but long term who knows what could happen if they end up back in the lower high with such high costs.
 
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