Corporate Evening with Bain & Grayson.....

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Longy said:
I think the difference being Ashley has had Newcastle making a profit season after season whereas we've hemoraged money.
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He's still put around £260m in total into the club, writing debt off and NUFC owe Ashley or companies owned by Ashley around £129m. The difference is that he gambled last season and won and will probably get ALL his money back on sale of the club. Short gambled in a different way and his "investment" is currently largely worthless.

http://www.chroniclelive.co.uk/spor...-ashley-wedded-newcastle-uniteds-11146278.amp
 
Lord Alfred said:
He's still put around £260m in total into the club, writing debt off and NUFC owe Ashley or companies owned by Ashley around £129m. The difference is that he gambled last season and won and will probably get ALL his money back on sale of the club. Short gambled in a different way and his "investment" is currently largely worthless.

http://www.chroniclelive.co.uk/spor...-ashley-wedded-newcastle-uniteds-11146278.amp
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Didn’t they make a similar profit to us in the transfer market last summer?
 
sksk3021 said:
Didn’t they make a similar profit to us in the transfer market last summer?
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But factor in that they got £6m instead of £100m TV money (plus the parachute payment) and had no relegation clause. You'd imagine they made a loss during their promotion season.
 
Lord Alfred said:
But factor in that they got £6m instead of £100m TV money (plus the parachute payment) and had no relegation clause. You'd imagine they made a loss during their promotion season.
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Probably made a loss as will we more than likely, £6m instead of £100m where are those figures coming from?
I think they were fortunate (or very good) in getting huge fees for Sissoko in particular. They also had a few high earners who they managed to move out/release people like Cisee, Tiote, Coloccini, helps they hadn't been making losses every year in the Premier league as well.
 
sksk3021 said:
Probably made a loss as will we more than likely, £6m instead of £100m where are those figures coming from?
I think they were fortunate (or very good) in getting huge fees for Sissoko in particular. They also had a few high earners who they managed to move out/release people like Cisee, Tiote, Coloccini, helps they hadn't been making losses every year in the Premier league as well.
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TV money for the relegation season and the TV money they made last season (and that £6m was the highest in the Championship)

Our wage bill has been absolutely slashed...at least halved, and probably more whereas theirs was the highest ever recorded in the Championship....said to be over £75m and this was only possible because the owner put another £33m into the club via an interest free loan.
 
Lord Alfred said:
TV money for the relegation season and the TV money they made last season (and that £6m was the highest in the Championship)

Our wage bill has been absolutely slashed...at least halved, and probably more whereas theirs was the highest ever recorded in the Championship....said to be over £75m and this was only possible because the owner put another £33m into the club via an interest free loan.
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TV money for the relegation season is £94m versus £73m when they were relegated.
It remains to be seen what if anything our owner or there owner put in and how. For what it's worth I think you are broadly right, they took a bit more of a risk although from a stronger starting point although the gap probably isn't as big as it appears.
 
sksk3021 said:
TV money for the relegation season is £94m versus £73m when they were relegated.
It remains to be seen what if anything our owner or there owner put in and how. For what it's worth I think you are broadly right, they took a bit more of a risk although from a stronger starting point although the gap probably isn't as big as it appears.
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Where do you get the £73m figure?
 
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