Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Surely you can see the benefit of paying off the debt for the club as well as Ashley. Fuck the debt. I think for the size of club we are, being debt free is great, but if bigger clubs can cope with debt based on an invest to succeed to service the debt type models then I wouldn't have a problem with an initial injection even if it did come from loans. I honestly do think that £50m-100m would see us top 4. Debt is no problem at all, it's debt that's increasing which is a killer Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted August 3, 2008 Share Posted August 3, 2008 Playing devils advocate here. what exactly has Ashley done wrong since coming giving that we're now a debt free club in Prem? Dared to call himself a billionaire yet hasn't hoyed stupid money at David Beckham in order to get him to sign He's an astute businessman and he's doing a job of getting the club in order after years of mismanagement from Fat Fred. Of course stuff like this only goes on behind the scenes and we don't see the immediate benefit on the pitch so people don't believe anything is actually going on. I'll not lose a wink of sleep over this story. If it's true great, if not then i'm happy with Ashley as owner. Imagine what he thinks about the money he spent last summer on the likes of Barton, Geremi, Viduka and Smith for starters Viduka was free [/pedant] Link to comment Share on other sites More sharing options...
Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Playing devils advocate here. what exactly has Ashley done wrong since coming giving that we're now a debt free club in Prem? Dared to call himself a billionaire yet hasn't hoyed stupid money at David Beckham in order to get him to sign He's an astute businessman and he's doing a job of getting the club in order after years of mismanagement from Fat Fred. Of course stuff like this only goes on behind the scenes and we don't see the immediate benefit on the pitch so people don't believe anything is actually going on. I'll not lose a wink of sleep over this story. If it's true great, if not then i'm happy with Ashley as owner. Imagine what he thinks about the money he spent last summer on the likes of Barton, Geremi, Viduka and Smith for starters Viduka was free [/pedant] I'm including wages/signing on fees in that Link to comment Share on other sites More sharing options...
LeazesMag 0 Posted August 3, 2008 Share Posted August 3, 2008 but if bigger clubs can cope with debt based on an invest to succeed to service the debt type models Just thinking LM could argue this was how Shepherd operated which is fair enough but I think it would work better now on a much more solid base. its a more solid base than when the Halls and Shepherd took over in 1992, yes, but you can't blame them for that can you ? They made a dash for the top, whats wrong with that given the situation ? Nobody complained at the time ? In any case, if Keegan had stayed [for instance] or Dalglish had won the FA Cup Final, who knows. Those "foundations" would have been in place by now anyway. its a thin line between success and "failure" in football Link to comment Share on other sites More sharing options...
Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? Link to comment Share on other sites More sharing options...
LeazesMag 0 Posted August 3, 2008 Share Posted August 3, 2008 big mike will sell to the highest bidder, if he makes a few mil out of it then i am not one to begrudge him, as he has cleared the debt up from the farcical reign of fat fred. trouble is we do have a paper thin squad and need reinforcements in some vital areas. Well, do you think we should have stuck with a 36,000 stadium, seeing as you are one of those condemning the "debt" Another misrepresentation which makes me smile, is when people make out he did us a favour by paying it off. Quite simply, he was doing nothing other than what anyone else would do if they had the brass. Pay it off and stick it onto the asking price. [astonishment] you mean you actually agree with me [/astonishment] Link to comment Share on other sites More sharing options...
JawD 99 Posted August 3, 2008 Share Posted August 3, 2008 Thats two different things though. He's came in, cleaned the club up, and if he sells for what he's put in I have no qualms about that. Before him we might have been gambling with high wages and big signings and I enjoyed it (some of the time) while we did. Fact is though, it got us nothing. If MA has came in and made the club more attractive for someone who wants to build the club then good. If MA doesnt want to sell and has made the club a better business, then good. I dont get why people insist on bashing MA? Even if he's come in to make a few £££ but improved the business side of the club, so what? We were hardly breaking into the top 6 before, more like edging closer to relegation candidates each season. Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted August 3, 2008 Author Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? No, what's the daft shite saying? Link to comment Share on other sites More sharing options...
Torres 0 Posted August 3, 2008 Share Posted August 3, 2008 I'm surprised these people are choosing us to be honest. We're costing a lot more than Everton or Boro would, we have no connections to the far east, and if you look at a club like Arsenal, you can't get moved for turbans when you go to Highbury/Emirates, they could be a more cultural link and are a bigger club at present, so the question would be "why us"? However, I will say my gut instinct is this has more credibility than other similar stories which have come before. Newcastle is a sleeping giant with a very strong local footprint, it's more or less a monopoly with guraranteed income ratio's. My mate at Coutts values the club at £240m. We are the kind of club with the possibility to add significantly to turnover, correctly handled. The brand has a very strong possibility to grow in the far east. Man U - Global brand Liv - Global brand Arsenal - Euro Brand Chelsea - Becoming a Euro brand, but need to win the CL to take the step up. After that the only other two clubs that are known in Euro are : Spurs Newcastle Spurs ... Euro following ... Villa; Neverton and Forest are better known than Spurs. Link to comment Share on other sites More sharing options...
Torres 0 Posted August 3, 2008 Share Posted August 3, 2008 big mike will sell to the highest bidder, if he makes a few mil out of it then i am not one to begrudge him, as he has cleared the debt up from the farcical reign of fat fred. trouble is we do have a paper thin squad and need reinforcements in some vital areas. Of course he would. The psychology of the Indian businessman is also very very long term. Link to comment Share on other sites More sharing options...
Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? No, what's the daft shite saying? Reckons that representatives of the Reliance Group have told him that there is an None Disclosure Agreement in place that doesnt permit them to say if that indian bloke is the "client", but we should expect further developments in the next 24 - 48 hours Meeting with Mike Ashleys legal representation on Monday So I'm told anyway Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted August 3, 2008 Author Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? No, what's the daft shite saying? Reckons that representatives of the Reliance Group have told him that there is an None Disclosure Agreement in place that doesnt permit them to say if that indian bloke is the "client", but we should expect further developments in the next 24 - 48 hours Meeting with Mike Ashleys legal representation on Monday So I'm told anyway Surely by "telling" David Craig that there is a None Disclosure Agreement in place it confirms Anil Ambani is a client? SSN aren't going to play this story down as it would impact on NotW's sales, so I wouldn't read too much into this. Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted August 3, 2008 Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? Link to comment Share on other sites More sharing options...
Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? No, what's the daft shite saying? Reckons that representatives of the Reliance Group have told him that there is an None Disclosure Agreement in place that doesnt permit them to say if that indian bloke is the "client", but we should expect further developments in the next 24 - 48 hours Meeting with Mike Ashleys legal representation on Monday So I'm told anyway Surely by "telling" David Craig that there is a None Disclosure Agreement in place it confirms Anil Ambani is a client? SSN aren't going to play this story down as it would impact on NotW's sales, so I wouldn't read too much into this. I'm certainly not, it's 99% likely to be bollocks. I expect all round denials soon enough At least the asking price has dropped anyway Link to comment Share on other sites More sharing options...
Kitman 2207 Posted August 3, 2008 Share Posted August 3, 2008 Has anyone been watching David Craig on SSN? "Oh shit I've pissed meself" Link to comment Share on other sites More sharing options...
Flair 0 Posted August 3, 2008 Share Posted August 3, 2008 (edited) Anil Ambani would transform this club into a powerhouse. Whatever the man has wanted to achieve, he has done it very sucessfully. Regards, Attain. Edited August 3, 2008 by Attain Link to comment Share on other sites More sharing options...
Ketsbaia 0 Posted August 3, 2008 Author Share Posted August 3, 2008 Anil Ambani would transform this club into a powerhouse. Whatever the man has wanted to achieve, he has done it very sucessfully. Regards, Attain. Is there anything in the Indian press about the takeover? Link to comment Share on other sites More sharing options...
jaythesouthernmag 0 Posted August 3, 2008 Share Posted August 3, 2008 Hope its true as clearly Ashley isnt going to spend the kind of money that will allow us to push the top four. An owner that isnt bothered about making money from the club is a big plus Who's told you that? Plain to see really mate. Look at the signings so far, cutting wages etc. If MA was serious we would have signed 5 or 6 top players plus a few squad players, we have one of the samllest squads in the league and you dont push the big boys with small squad/average players. We are definately better off than we were financialy but you cant tell me you are not dissapointed with our signings under MA. With the exception of Beye the rest have proved average/below par (Not including Jonas in that) Link to comment Share on other sites More sharing options...
Lazarus 0 Posted August 3, 2008 Share Posted August 3, 2008 Isnt there an argument that all this takeover talk is unsettling the fans and that (judging by this thread) it appears to be working? Who would want that? Link to comment Share on other sites More sharing options...
Tooj 17 Posted August 3, 2008 Share Posted August 3, 2008 Hope its true as clearly Ashley isnt going to spend the kind of money that will allow us to push the top four. An owner that isnt bothered about making money from the club is a big plus Who's told you that? Plain to see really mate. Look at the signings so far, cutting wages etc. If MA was serious we would have signed 5 or 6 top players plus a few squad players, we have one of the samllest squads in the league and you dont push the big boys with small squad/average players. We are definately better off than we were financialy but you cant tell me you are not dissapointed with our signings under MA. With the exception of Beye the rest have proved average/below par (Not including Jonas in that) Just to make you aware the manager picks his signings, not the owner. Link to comment Share on other sites More sharing options...
Snake 0 Posted August 3, 2008 Share Posted August 3, 2008 Hope its true as clearly Ashley isnt going to spend the kind of money that will allow us to push the top four. An owner that isnt bothered about making money from the club is a big plus Who's told you that? Plain to see really mate. Look at the signings so far, cutting wages etc. If MA was serious we would have signed 5 or 6 top players plus a few squad players, we have one of the samllest squads in the league and you dont push the big boys with small squad/average players. We are definately better off than we were financialy but you cant tell me you are not dissapointed with our signings under MA. With the exception of Beye the rest have proved average/below par (Not including Jonas in that) So because he hasn't spent top four type money so far you've decided that there's no way he ever will, is that right? Link to comment Share on other sites More sharing options...
Guest Stevie Posted August 3, 2008 Share Posted August 3, 2008 I'm surprised these people are choosing us to be honest. We're costing a lot more than Everton or Boro would, we have no connections to the far east, and if you look at a club like Arsenal, you can't get moved for turbans when you go to Highbury/Emirates, they could be a more cultural link and are a bigger club at present, so the question would be "why us"? However, I will say my gut instinct is this has more credibility than other similar stories which have come before. Newcastle is a sleeping giant with a very strong local footprint, it's more or less a monopoly with guraranteed income ratio's. My mate at Coutts values the club at £240m. We are the kind of club with the possibility to add significantly to turnover, correctly handled. The brand has a very strong possibility to grow in the far east. Man U - Global brand Liv - Global brand Arsenal - Euro Brand Chelsea - Becoming a Euro brand, but need to win the CL to take the step up. After that the only other two clubs that are known in Euro are : Spurs Newcastle Spurs ... Euro following ... Villa; Neverton and Forest are better known than Spurs. Not true. They'd be 6th in terms of worldwide recognition I think well above Everton and Villa, and I've travelled enough to know that. Link to comment Share on other sites More sharing options...
Golden Glory 0 Posted August 3, 2008 Share Posted August 3, 2008 Football has some major growth potential in India tbh, massive potential market for shirt sales and other merchandising that's largely unexploited, the ramifications of an Indian getting involved in a club would increase popularity of the sport a lot. Also, if it is one of the Ambanis getting involved, I'd love to see the other come in and try to outdo each other, they're a bit like that. Either way, I would be happy if such a thing happened, as not to get asked 'what the fuck is that?' as I did when I wore my Watford shirt out there last time. There's a fair amount of interest over there, but it has the potential to be a lot greater, I think it would make sense for all involved if such a thing were to happen. More than likely it's bollocks, mind. It's not as though Mukesh (his slightly richer brother) isn't extravagant either: http://www.dailymail.co.uk/news/article-45...ust-family.html , so I wouldn't bet against Anil being willing to spend a bit of a wad either on such a venture. They like to win tbh. Link to comment Share on other sites More sharing options...
Park Life 71 Posted August 3, 2008 Share Posted August 3, 2008 Anil Ambani would transform this club into a powerhouse. Whatever the man has wanted to achieve, he has done it very sucessfully. Regards, Attain. Yup. Link to comment Share on other sites More sharing options...
Guest Stevie Posted August 3, 2008 Share Posted August 3, 2008 Anil Ambani would transform this club into a powerhouse. Whatever the man has wanted to achieve, he has done it very sucessfully. Regards, Attain. I agree, here is a little bit of a info about him. Anil Ambani From Wikipedia, the free encyclopedia Jump to: navigation, search Anil Ambani Born June 4, 1959 (1959-06-04) (age 49) Flag of India Mumbai, India Residence Mumbai, India Occupation Chairman, Anil Dhirubhai Ambani Group Net worth ▲ US$42 billion , see List of billionaires (2008) Spouse(s) Tina Munim Anil Ambani(born June 4, 1959) is an Indian businessman. As of October 6th 2007, he has a net-worth of US$42 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. [1] Ambani is the chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%.[1]. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani (Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons, Jai Anmol and Jai Anshul. The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs 87,000 crore. Anil's wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.[2]. Ambani holds a Bachelor of Science degree from the University of Mumbai and an MBA degree from The Wharton School at the University of Pennsylvania. Currently, he serves as a member of the Wharton Board of Overseers. Ambani joined Reliance in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. For example, he led India's first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard[citation needed]. He has steered the Reliance Group to its current status as India's leading textiles, petroleum, petrochemicals, power, and telecom company. Anil was the member of Uttar Pradesh Development Council (This council has now been scrapped) He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad. He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha - Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned. Recently after his brother Mukesh Ambani he also has his name in the books of Trillionaires.[citation needed] Anil has been linked with several starlets in his long career including his current wife of more than 15 years. He is a close friend of movie star Amitabh Bachchan[citation needed] . One of his major achievements in the entertainment industry is the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai's only dome theatre. On August 3rd 2008, it had emerged Ambani has become a leading conteneder to take over English Premier League team, Newcastle United in a £230m deal. * Voted Businessman of the Year 2006 by Times of India-TNS poll [2] * Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004. * Voted 'MTV Youth Icon of the Year', September 2003. * Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management Association, October 2002. * Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum (WIEF) in recognition of his contribution to the establishment of Reliance as a global leader in many of its business areas, December 2001. * Conferred the 'Businessman of the Year 1997' award by India's leading business magazine Business India, December 1997. Many Thanks Steve Link to comment Share on other sites More sharing options...
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