• The forums will be unavailable for a few hours on Saturday 6th June, when they do return they will initially be in a degraded state with some features missing, but normal posting/reading will be possible. The main website will not be affected by these updates.
    New user registrations are currently disabled.
    Some other features of the forum are also currently disabled.

The Mags and money...

Status
Not open for further replies.
Exactly, Rafa spunked £ 200 million away at Liverpool, he's great at spending money. Trouble is he usually buys complete shite.

Thats the irony of Rafa - undoubtably a good at coaching, organisation and tactics. Poor to mixed at best in transfer market
 

Because you lot never whinged about Short and his handling of the club...
If that was comparible it would be relevant. My argument is that all of this protest comes from a totally different perspective .. ie. a one of assumed entitlement that the mags should be at the top. Sunderland supporters are f***ing totally different and don't have this delusion
 
Ashley is a pure gift. What a lather he gets them in up the road and he just sits there like a chubby Buddha with his smug pyatt and it all seems to bounce of him

The only downsides are. 1. We are literally as shit as we have ever been in our whole history and therefore can’t fully wallow in the gnashing generated from Sid James and 2. The fat man is actually running them in a responsible way. Perversely if he listened and started spunking his cash on a bunch of Dossena’s Ngogs Sinama-Pongolle’s or other similar Rafa ‘gems’ then they would have more chance of going bust which would be immensely cheerful
 
Thats the irony of Rafa - undoubtably a good at coaching, organisation and tactics. Poor to mixed at best in transfer market

For an Aquilani there's a Torres
For a Dossena there's a Mertens
For a Johnson, there's a Jorginho

His record isn't that bad tbf, certainly not the utter disaster it has been painted by some.
 
I agree to an extent, but if he's such a good businessman then surely he'd protect his investment, speculate to accumulate, rather than the 5 relegation battles he's had them involved in. Don't forget two of his 11 years weren't even in the top flight, so in 5 out of 9 top flight seasons his club have fought relegation, yet not one relegation fight in the 15 years in the top flight before that.
The last time you got relegated he spent 80 million
 
His negligence over the last ten years has seen us relegated twice (33% of all relegations in our history)
His creative accounting has created smoke and mirrors that have allowed him to renege on assurances given to our current manager.
Installing of barriers in allowing the manager to sign the targets that can best benefit the team.

That's just the top-line stuff too.

It's mentioned often how he has pumped money into us twice after relegations to keep us afloat. For that I have no sympathy as it is his mismanagement that has caused it in the first place despite what he says about 'not being involved with the club'. Lee Charnley and Keith Bishop can't do anything without approval from Shirebrook.

His mismanagement - he spent over £80m on players and that got you relegated. And Rafa the genius played for a draw at Villa Park assuming we'd lose to Chelsea, drew with us at home and ballsed up Norwich.

Creative Accounting - what on earth are you talking about. He was looking to sell the club he had to get the balance sheet into shape to sell

You (cat3) do realise that Ashley owns the whole fuckin club dont you?

He does and he puts money in not take it out
 
His mismanagement - he spent over £80m on players and that got you relegated. And Rafa the genius played for a draw at Villa Park assuming we'd lose to Chelsea, drew with us at home and ballsed up Norwich.

Creative Accounting - what on earth are you talking about. He was looking to sell the club he had to get the balance sheet into shape to sell

Every day this is mentioned :lol:. Making out like we parked the bus at Villa Park when infact it was absolutely shit finishing that cost us that day.

Creative accounting is the 'erroneous contracts' that has put £30m onto our last published accounts. It will be interesting to see if the wages of one of the contributors (Mbemba) or anyone that is sold before their contract comes to an end is debited in two years time.

He's got no intention of selling the club unless he gets an absolutely ludicrous offer.
 
For an Aquilani there's a Torres
For a Dossena there's a Mertens
For a Johnson, there's a Jorginho

His record isn't that bad tbf, certainly not the utter disaster it has been painted by some.

Agreed i said poor to mixed. I think the biggest criticism is once he turns against players he lacks flexibility. I think send Mitro out on loan was poor. And even blanking Colback when you had no left back
 
If that was comparible it would be relevant. My argument is that all of this protest comes from a totally different perspective .. ie. a one of assumed entitlement that the mags should be at the top. Sunderland supporters are f***ing totally different and don't have this delusion


I dont know one mag like this.you do talk some shit mind.yous have never had anything in the league to get excited for.now look at you...but 6inarow
 
His mismanagement - he spent over £80m on players and that got you relegated. And Rafa the genius played for a draw at Villa Park assuming we'd lose to Chelsea, drew with us at home and ballsed up Norwich.

Creative Accounting - what on earth are you talking about. He was looking to sell the club he had to get the balance sheet into shape to sell



He does and he puts money in not take it out

Not even worth replying to that, been covered loads of times over the past two years on here.
 
His mismanagement - he spent over £80m on players and that got you relegated. And Rafa the genius played for a draw at Villa Park assuming we'd lose to Chelsea, drew with us at home and ballsed up Norwich.

Creative Accounting - what on earth are you talking about. He was looking to sell the club he had to get the balance sheet into shape to sell



He does and he puts money in not take it out

I own my own home and just a few months ago had a new bathroom fitted for approx £7,000. Money well spent because it's my home, I own it. Has the penny dropped yet?
 
Agreed i said poor to mixed. I think the biggest criticism is once he turns against players he lacks flexibility. I think send Mitro out on loan was poor. And even blanking Colback when you had no left back

I think mixed-good is more fair looking at this. There aren't a lot of absolute duds in there



I get the audience you're playing to so agree to disagree.

Mitrovic doesn't work nowhere near hard enough for the team, doesn't fit into our style of play and ultimate cannot be trusted with his temperament. Colback is f***ing dire and I had no issue with the players playing instead of him. Plus his attitude stinks by all accounts.

Not even worth replying to that, been covered loads of times over the past two years on here.

Come on, don't you want another edition of 'Forensic Analysis: Newcastle United March - May 2016'? Me personally I'm yearning for yet another slant on it...

I dont know one mag like this.you do talk some shit mind.yous have never had anything in the league to get excited for.now look at you...but 6inarow

He's painting his cartoon man, leave him be.
 
The amount of Mackems with in depth knowledge of our accounts crack me up. Wonder if they know how much the bar takes on a home game?
 
Every day this is mentioned :lol:

Creative accounting is the 'erroneous contracts' that has put £30m onto our last published accounts. It will be interesting to see if the wages of one of the contributors (Mbemba) or anyone that is sold before their contract comes to an end is debited in two years time.

He's got no intention of selling the club unless he gets an absolutely ludicrous offer.

Its not erroneous accounting. He 'kitchen sinked' the balance which is not unusual when trying to sell as he did not want warranty claims. Cash is king in football finance (balance sheets are fantasy - until recently Rodwell was an asset) and he's increased his lending most years to nufc.

i think you are to a degree right about 'ludicrous offer'. He was basically looking for his money back £270m plus about a 3 or 4% return per annum. I've been told he would of accepted £350m. The problem is he overpaid in the first place - did no due diligence as is his style - and wants to make a return.

Staveleys offer was more ludicrous. She had previously checked out Liverpool (for Arabs not her own money). She was genuinely shocked at how real relegation was for Premier League clubs outside the big 6 - 'people at Liverpool did not mention relegation'. With all her clawbacks MA was potentially facing getting only 50% of his money back for a club twice as big in terms of revenue of the one he bought.

I own my own home and just a few months ago had a new bathroom fitted for approx £7,000. Money well spent because it's my home, I own it. Has the penny dropped yet?

You live in your own home. NUFC is now just an investment to MA. If your home was worth 100k you would not spend 50k on a bathroom to increase its value to 110k - thats how MA increasingly sees spending on players
 
Last edited:
Its not erroneous accounting. He 'kitchen sinked' the balance which is not unusual when trying to sell as he did not want warranty claims. Cash is king in football finance (balance sheets are fantasy - until recently Rodwell was an asset) and he's increased his lending most years to nufc.

i think you are to a degree right about 'ludicrous offer'. He was basically looking for his money back £270m plus about a 3 or 4% return per annum. I've been told he would of accepted £350m. The problem is he overpaid in the first place - did no due diligence as is his style - and wants to make a return.

Staveleys offer was more ludicrous. She had previously checked out Liverpool (for Arabs not her own money). She was genuinely shocked at how real relegation was for Premier League clubs outside the big 6 - 'people at Liverpool did not mention relegation'. With all her clawbacks MA was potentially facing getting only 50% of his money back for a club twice as big in terms of revenue of the one he bought.

Ashley has more than likely made his money back with his outrageous free advertising on HIS FUCKIN HOUSE. He is nothing other than a billionaire Del Boy.
 
I think mixed-good is more fair looking at this. There aren't a lot of absolute duds in there



I get the audience you're playing to so agree to disagree.

Mitrovic doesn't work nowhere near hard enough for the team, doesn't fit into our style of play and ultimate cannot be trusted with his temperament. Colback is f***ing dire and I had no issue with the players playing instead of him. Plus his attitude stinks by all accounts.



Come on, don't you want another edition of 'Forensic Analysis: Newcastle United March - May 2016'? Me personally I'm yearning for yet another slant on it...



He's painting his cartoon man, leave him be.

Dont particularly disagree re Mitro limitations - but hes better than Joselu

Ashley has more than likely made his money back with his outrageous free advertising on HIS FUCKIN HOUSE. He is nothing other than a billionaire Del Boy.

Err no! The commercial rate for ground advertising for a mid size Prem club (no naming rights/ no shirt) is £3m to £5m. I've said about this earlier - this is dwarfed by his interest free loans.
 
Its not erroneous accounting. He 'kitchen sinked' the balance which is not unusual when trying to sell as he did not want warranty claims. Cash is king in football finance (balance sheets are fantasy - until recently Rodwell was an asset) and he's increased his lending most years to nufc.

i think you are to a degree right about 'ludicrous offer'. He was basically looking for his money back £270m plus about a 3 or 4% return per annum. I've been told he would of accepted £350m. The problem is he overpaid in the first place - did no due diligence as is his style - and wants to make a return.

Staveleys offer was more ludicrous. She had previously checked out Liverpool (for Arabs not her own money). She was genuinely shocked at how real relegation was for Premier League clubs outside the big 6 - 'people at Liverpool did not mention relegation'. With all her clawbacks MA was potentially facing getting only 50% of his money back for a club twice as big in terms of revenue of the one he bought.

This is it he got ripped off in first place and therefore has zero chance of getting the price he wants so is just getting whatever out that he can by virtue of the advertising to a worldwide audience.
 
Ashley has more than likely made his money back with his outrageous free advertising on HIS FUCKIN HOUSE. He is nothing other than a billionaire Del Boy.

he actually loses out twice by this arrangement

1. the interest would exceed the advertising
2. he owns 100% of nufc and only 55% of SD. Therefore the small shareholders including myself get a free ride from the free advertising
 
Its not erroneous accounting. He 'kitchen sinked' the balance which is not unusual when trying to sell as he did not want warranty claims. Cash is king in football finance (balance sheets are fantasy - until recently Rodwell was an asset) and he's increased his lending most years to nufc.

i think you are to a degree right about 'ludicrous offer'. He was basically looking for his money back £270m plus about a 3 or 4% return per annum. I've been told he would of accepted £350m. The problem is he overpaid in the first place - did no due diligence as is his style - and wants to make a return.

Staveleys offer was more ludicrous. She had previously checked out Liverpool (for Arabs not her own money). She was genuinely shocked at how real relegation was for Premier League clubs outside the big 6 - 'people at Liverpool did not mention relegation'. With all her clawbacks MA was potentially facing getting only 50% of his money back for a club twice as big in terms of revenue of the one he bought.



You live in your own home. NUFC is now just an investment to MA. If your home was worth 100k you would not spend 50k on a bathroom to increase its value to 110k - thats how MA increasingly sees spending on players

I've seen £29m when we were relegated in 2009 and £15m in the last published accounts. There might be one more but is there anything beyond that which he has put in?

'Ludicrous offer' would be to have a clean break from the club. I'd be amazed if he didn't want to hold onto all commercial dealings (SD advertising remains in the stadium for a fixed length of time/Sports Direct retains control of the NUFC club shop and web fulfilment) for a sale of £350m like you suggest. It's the complete clean break that would take a 'ludicrous offer'

I'll take all of the Staveley stuff with a pinch of salt tbf as I think you're playing to the gallery a bit dispelling it so much considering where you are.

Your figures are a bit off in your bathroom analogy too as no-one is expecting Ashley to put in £175m this summer like the logical extrapolation based on your sell price suggests.
 
Status
Not open for further replies.
Back
Top