Park Life

For the last time Bassong was 0.5m you mongs.

Yeah probably shit.

Must read CT's posts properly.

Ola Toivonen Prolific forward Toivonen has made a big impact at PSV since arriving from Malmo early last year, knocking in 29 goals for the Dutch club. The Sweden international has stated he won't leave PSV this winter as the club will already lose Ibrahim Afellay to Barcelona - but things can change very quickly in modern football. Toivonen and Hungarian winger Balasz Dzudzsak are two Eindhoven players who have both been linked with an English switch. Toivonen, 24, whose strength would be useful to a lot of Premier League sides, once stated he would love to play for Newcastle United. Could he be a new partner for Andy Carroll if the prolific striker stays at St James' Park?" http://www.skysports.com/story/0,19528,11979_6580785,00.html

Is it on the internet CT?

It's nailed...it's in the accounts...he's £18m up on transfer dealings. Think this is turning into urban myth without the facts. I just want to see two lists. One with outgoing p[layers and fee, one with incoming players and fee. Thought this would have been readily available, especially for the anti ashley brigade, but Im struggling to source it. Smells a fish away. Those lists are all over. You can see our transfer history going back years on NUFC.com or on Soccerbase or a number of other places....I compiled this list following relegation... http://www.toontastic.net/board/index.php?...mp;#entry659979 The actual amount only comes out in the accounts though...that's the truth of it, anything reported on the internet is best guesses because we don't disclose fees anymore...until a year or 2 later as a combined total in the accounts....which gives the £18m profit figure. Bassong was 0.5 that's why there was a big hoo ha from the French club.

Where's all this going like?

Buy gold sell monkey nuts.

Bit harsh on CT.

Have a look at that later.

Spurs already have a manager. He's not circumcised enough, according to my sources. I think they said circumspect.

Spurs already have a manager.

How much did that cost Leazes 250m?

For Alex

For 2J and Ne5 matching coffee machines.

Wtf!! No barbecue?!!

Basically revenue always goes down when you aren;t competitive, but to be competitive you need to invest. [/threadclosed]

Bloody complex innit.

I'm not by the way. I'm saying "line go down, Ashley bad". Shepherd raised costs and raised revenue. The former was prohibitive. Ashley's mistake wasn't increasing costs but reducing revenue. He's lowered costs, but the loss of income has taken away our competitive advantage over smaller clubs with a lesser fanbase. That's a lot harder to get back on track than spending is. Spending decisions are made in an instant. It takes years to build the profile that people are willing to invest in. Ashley's stupidity dropped 9000 people off the gate. Halved our sponsorship deal. Significantly reduced TV earnings. Outsourced catering has lost a wedge. All commercial sales are down. His contempt for the club, players, managers and fans has done this. Costs could have been brought under control without the level of alienation that caused such a drop in revenue. Baby bathwater.

Given the bar chart what are expecting him to do? I'm expecting him to do nothing, or next to nothing, because it is quite clear he has no serious ambitions for the football club. would be highly ironic if, despite the protestations of those who insist the Halls and Shepherd were taking the club towards administration, that it is Mike Ashley who succeeds in accomplishing it in the end. Which would mean, the Halls and Shepherd having saved the club from administration, rescuing the club from decades of falling revenues and 2nd rate standards, we then see someone else coming in and accomplishing that very thing through reversing everything they put into place which gave us such a massively expanded football club, stadium, and profile in the game. This is the way the club is heading, again, unless he sells out. Charts are by in large for idiots. Smart people look at numbers not pictures. The bar chart shows a massive lump into debt, but anyone looking at the numbers knows the issue encountered was we had a massive wage bill and low income. Now we are back in the premiership and the wage bill is significantly lower, we are actually in a much stronger position. Hopefully Ashley will have learnt from our relegation season and bring in a striker. Aren't you the person who thought they were paying 70% income tax, and couldn't work out what the VAT increase meant, in the politics thread? Apologies if I'm mistaken like. That's me. A VAT rise from 17.5% to 20% is a rise of 2.5%, but is not a 2.5% rise.... ...and on the tax front I thought I said tax not income tax and I stand by that statement - PAYE 40%, student loan 9%, national insurance 11%... is 60% alone, then you add all the indirect taxes VAT, Petrol, Booze, TV license, health care benefits etc... it's well in excess of 70%... and Labour still couldn't balance the books. With regards to charts and graphs maybe it more that I'm of the opinion they are generally used to prove a point and made to lead the viewer in a certain direction, I don't think i've ever though I need a graph to understand these numbers better. In this charts case it's crystal clear people in this thread are using it to forecast the next few sets of accounts, yet anyone with half a brain knows this shouldn't be done given our circumstances and the fact the accounts are out of sync with a season - they can be very misleading. So we have people saying 'ugg, line go up, bad Ashley'. Yet everyone agrees Ashley has cuts loads of corners to save money, so why are some people blaming him for debt, he inherited a shite overpaid team that wasn't playing in Europe managed by Fat Sam. </end rant> To think he only really had FSA and Wise to guide him it's lucky we're in the PL now tbh.

We still owed money on Martins (about 5m) Luque (around 4m) and Smith (2.4m) also although people say Owen was offset by Woodgate and the England money imo we owed a few million on him too. This is without wages touching 70 % of turnover. A chunk of it is actually just the stadium 'mortgage' being paid off. I know we paid Collo upfront all 10m or so of it as we did Ricky as well. Before the financial crisis it must be noted that I was an advocate of spend your way out of trouble and into Europe type. And I have a feeling Ashley cut too deep and too hard into our competitive stance. Fat sam and the financial crisis plus ongoing debt is what did for Ashleys initial enthusiasm and player purchasing. It looked like he wanted to compete it's just that he was badly advised by fat sam, wise and the Spanish fella. Think he wants to balance the on field fooprint with a sprinkling of homegrown andn 2/3 medium financial outlays on talent but no more and certainly no more 10m plus purcahases for a good while if ever. *Getting Jonas for a nominal fee of aroud 2m means we'll be able to sell him on at a profit (5m).

Sad story and a real tragedy. Hope his family pull through.