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Could Newcastle United "do a Gretna" ?


Jimbo
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With their benifactor, Brooks Mileson seriously ill, Gretna look to be disapearing off the footballing map before the weekend, if Mike Ashley dropped dead do you think we could find ourselves in a similar situation ?

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No, with the debt cleared and the income generated by the club the club would be fine unless the fix cost, especially wages, exceeding the turnover. Gretna were way punching above their weight financially and solely dependent on the donations from Mileson to cover the running costs.

Edited by Isegrim
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Bookies are already taking odds of 1/7 that LeazesMag will pop him off if we go down.

 

 

Aw c'mon Jonny, methinks thou's being unkindly towards LeazesMag, I wouldst thinketh he'd fall on his sword afore he wouldst smite Lord Ashley. :puke:

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They've gone from non-league to SPL in about five or six years. The problem is they still have non-league support.

 

That's about the size of it, the Gretna situation isn't really comparable to anything likely to happen to us if Ashley pegged it. Our size of fanbase alone would be enough to keep us ticking over now that the debts have been cleared.

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