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Everything posted by Happy Face
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There's one in Whitley bay. Always thought it looked like a dump though.
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Not cooking owt. Dominos are doing any size pizza with wedges for £6.99. Love a big Carolina.
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£29m. That's what he had to put in after his initial loan was supposed to balance the books. That's what he's taking out with £11m and £18m payments over the past 2 years.
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Don't know. You'd think so, but I think there are some rules about losses in previous years offsetting earnings in later years.
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I don't see any difference in his ability to sell now or after the debt is clear. Debt reduction only increases the cost of the club to the buyer. They may as well buy now and structure the debt as they would prefer...or pay it off. There are not any interested parties sniffing about that Ashley is refusing to sell to right now, and I don't see them materialising down the line just because the debt is reduced. A sale is more dependent on the economy recovering than NUFC's balance sheet iyam.
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Ashley sees it as exactly the opposite. He views all the debt that he accumulated on the day he bought the club as being a cost he should bare. He converted that debt (which was accruing massive interest) from a bank loan to a personal interest free loan, which is indefinite. The cost of relegation though, he sees that as one of the costs of his restructuring plan. Clearing out the expensive dead wood, getting incomings to match outgoings, so the club is self financing, now the club wipes it's own nose, it needs to pay back that debt. I wonder if he will stop at that once it's all paid though. I think it will. But that doesn't mean we'll start buying more expensive players, the club can build up a massive cash reserve like Arsenal, and have the same benefit of adding value for a sale.
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Had a read and it seems to be saying exactly what we all said 4 months ago in that thread I linked to.
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Keep meaning to read it, added to pocket for later.
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It was planned long before January. It was a 2 or 3 year plan to recoup the cost of subsidising relegation, by taking out £11m (see how the balance dropped from £140m to £129m) then £18m,,,, Discussed in this thread... http://www.toontastic.net/board/topic/34154-ashleys-taken-l11m-out-of-the-club-in-2012/?p=1192217 This is what led to the one question I would ask in the Cameron thread. When is the £111m going to be due? Because we'll be running a massive surplus if he doesn't start paying that off too.
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Which of the "other 14" would you take the front line of?
Happy Face replied to Happy Face's topic in Newcastle Forum
I just copied and pasted 'em from the premier league website. -
The latest Breaking Bad in 30 seconds
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Which of the "other 14" would you take the front line of?
Happy Face replied to Happy Face's topic in Newcastle Forum
I mean swap all our strikers, for all their strikers btw. Not sure we are as short as people worry, by comparison. -
Just got virgin 60 Meg activated.
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That's why he's still at the club. Whenever Pardew speaks in a meeting Ashley buzzes his secretary, Lord Sugar style, and has her send in Obertan. Fully kitted, for the rest of the meeting he stands next to Pardew who looks at his hands in his lap and fiddles with his wedding ring.
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Ashley is a salesman. He has built a sales empire but doesn't personally get to sell anything in his shops anymore. The reported hands on approach he apparently takes when it comes to negotiating player sales seems to me to be the primary interest he has in the club. Competing with other chairman to see who can do the best in the market. Scaling up the trading he enjoys to a multimillion pound product that keeps it interesting. He's not going to buy players expensively on the last day of a window for the good of the team. That would be losing the game he is interested in, which isn't football.
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That one I just posted.
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The way you chase Ryder about there's only one of us jealous of anyone at the chronicle mate It's hand-wringing, howling at the moon stuff. Glad it gave you a warm glow though. I would ask if he intends to reduce the debt any further than the £27 million being paid back to cover relegation. The fact he was doing that was made clear in the accounts, but no indication whether he still plans to leave the remaining £100m odd as an outstanding interest free loan. If not then we will have a large cash surplus at the end of this season. If so, then we have another 4 or 5 years of paying it down to get debt free.
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As a fan... 1. I don't give a shit if Mike Ashley enjoys owning the club. 2. I know he is not actively looking to sell the club. 3. I know Joe Kinnear cannot be justified. 4. I can see with my own eyes Ashley is treating Pardew like a mug. 5. I know he doesn't give a shit about single results, he'd prefer us to win, but as long as we do enough to stop up over a season he won't lose sleep. 6. Because he owns the club. 7. It's a site to drive traffic to his store and advertise his brand. It's not a reputable news organisation. 8. The fans are insignificant, he's running a business as he wants. 9. He (or the club) has articulated the plan repeatedly. Break even, top 10 is the height of ambition. 10. See 8. Doesn't care what the fans think. Doesn't communicate with reporters. If Mike Ashley sat down with Cameron and answered every question honestly, there'd be hell on. If he gave good PR answers, it would be worse. The best thing this regime have done is stop talking bollocks and just let fans judge them on their actions.
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Was gonna say what a shitty set of questions/article for a professional journalist, then question 10 made me realise it's just been printed to appease online trolls with the sort of questions THEY would like to ask, despite all the answers being in the public domain.
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CT says Pardew is. Not sure why.
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We are looking for players to go on the bench. We said last year that's what we were after too. Those players we have looked at have an asking price beyond what Ashley is willing to pay. Don't see how Carr can be blamed for the market value placed on players and Ashley bring unwilling to match it.
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Impossible criteria cannot be met...which that statement seems to acknowledge. No surprise you're willing to turn on Carr, who you have lavished praise on before, in order to avoid criticising Ashley.
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Just been to Kinnear's, my local barber. Paid the bloke then he telt me "its fine as it is, just let it grow". Waste of money #nufc.