Old Board vs New Board

[peasepud 59]

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

[The Fish 10681]

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

 

 

... what kind of porn?

[Kevin 1]

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

 

 

... what kind of porn?

 

Surfing.

 

Kinky. I know.

[The Fish 10681]

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

 

 

... what kind of porn?

 

Surfing.

 

Kinky. I know.

 

Surfing Porn?

 

 

I'm sure I'd get board of that...

[Kevin 1]

Just ban skidmark, honestly he's worse than Kevin for talking shite, and its been going on weeks, every bloody thread post is aimed at trying to get Leazes to bite.

 

In fact if i had a choice of banning one of those two it'd be him by a mile and Kevin does my head in so thats saying something

 

Thanks Ant, buddy. If I had a choice between banning you and skidmark I'd ban Skidmark aswell.

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

 

 

... what kind of porn?

 

Surfing.

 

Kinky. I know.

 

Surfing Porn?

 

 

I'm sure I'd get board of that...

 

[Guest alex]

Thanks Ant, buddy. If I had a choice between banning you and skidmark I'd ban Skidmark aswell.

[Park Life 71]

Tbf FFS was in hospital when the club was whipped from under him.

[Guest]

Just ban skidmark, honestly he's worse than Kevin for talking shite, and its been going on weeks, every bloody thread post is aimed at trying to get Leazes to bite.

 

In fact if i had a choice of banning one of those two it'd be him by a mile and Kevin does my head in so thats saying something

 

 

Anyone but england

[Guest]

Surprised nobody piucked up on Leazes " are you gay? " post before pud deleted it btw. Recently exposed as a racist and now a homophobe too

[Brock Manson 0]

Reet, I cant be arsed with this shite, fair enough your keeping it in the thread however you cant go spreading shite like that around about someone. I recommend deleting the posts otherwise I will and then I'll be well pissed off at having to waste a Saturday night doing that kind of shit when I could be surfing porn.

 

 

... what kind of porn?

 

Surfing.

 

Kinky. I know.

 

Surfing Porn?

 

 

I'm sure I'd get board of that...

 

I heard it's the first genre of porn to make use of google wave.

 

[Guest]

http://www.journallive.co.uk/nufc/newcastl...61634-27261539/?

 

NEWCASTLE United will only be able to flex their financial muscle again after one season back in the Premier League as Mike Ashley still tries to stabilise the club’s accounts.

 

Although United did spend around £13m in the transfer market if wages and loan fees are taking into consideration, the estimated £30m extra income generated by promotion back to the Premier League has been used to cover running costs and to clear the club’s overdraft with the bank.

 

And, while the financial situation may have improved with the return of Premier League football, the club remains in a fragile position and is heavily reliant on the backing of their controversial owner.

 

United already owed the sports shop retailer more than £111m in interest-free loans, according to the most recent set of accounts, but The Journal understands that this figure has increased over the summer as Ashley (pictured below) paid for the club’s new signings out of his own money.

 

The board’s entire business plan depends on Newcastle avoiding relegation this season with sources indicating that only survival can loosen the purse strings at St James’ Park next summer. If United remain in the top flight it will be financially self-sufficient by this time next year, with all of the extra revenue generated earmarked for squad improvement.

 

That will only increase the pressure on manager Chris Hughton – who is out of contract at the end of this make or break campaign – to keep the Magpies out of relegation trouble. If he cannot keep the team up, the damage will set the club’s finances back at least another two years.

 

Ashley was forced to pump in around £25m of his own money to keep the club ticking over in the Championship last season and refused to sanction a major spending spree in the summer as a result.

 

That angered some supporters, although the limited activity that did happen during the transfer window has been welcomed, with a general acceptance that the books need to be sorted out before Newcastle can try and compete with the biggest clubs in Europe again.

 

The money spent during the transfer window was Ashley’s, in the form of interest-free loans, as this was thought to be cheaper and more efficient than borrowing more money from the banks. Ashley has been struggling with the debt of a loss-making business ever since he bought the club from Sir John Hall and Freddie Shepherd in 2007, after he failed to pay enough attention to the due diligence process.

 

Only he can take the blame for that rash oversight, as well as the folly of trying to have a continental management structure with Dennis Wise and Kevin Keegan going head-to-head at the eye of a political storm – and the owner has paid the price for that.

 

Meanwhile, Hughton has stressed the need for calm after every result this campaign as he argued the Magpies have had a solid start to the season, despite the shock defeat by Blackpool.

 

That defeat means Newcastle have taken four points from their first four games back in the top flight, a reasonable return given the opposition they have faced.

 

He said: “We’re only four games into the season and we can’t afford to be too down about it. No doubt it hurts because we went into the game very much wanting the three points and I thought that we deserved the three points.

 

“But it wasn’t to be and we have to make sure we do the right things now going into the game at Everton.

 

“We’re in a different league and it showed. This is a side that came up with us, but it is Premiership football and you will get punished if you don’t take your chances. That is the reality of it.

 

“Up until now we have been pleased with lots of aspects of our play and we have to make sure we approach next week’s game in the same manner.

 

“At the moment it hurts, as it does after a defeat, but there are certainly aspects of our play which we can be pleased about.

Edited September 14, 2010 by AshleysSkidMark

[Guest alex]

Yeah, he comes out of that article looking great ©

[Guest]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

[Guest alex]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

[Guest]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

[Guest alex]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

Ashley's made a net profit on transfers. Is it only his own money when it suits your argument?

[Guest]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

Ashley's made a net profit on transfers. Is it only his own money when it suits your argument?

 

No, the clubs made a net profit on transfers.

[acrossthepond 866]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

Ashley's made a net profit on transfers. Is it only his own money when it suits your argument?

 

No, the clubs made a net profit on transfers.

 

In other words, yes, it is only his own money when it suits your argument.

[Guest]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

Ashley's made a net profit on transfers. Is it only his own money when it suits your argument?

 

No, the clubs made a net profit on transfers.

 

In other words, yes, it is only his own money when it suits your argument.

 

 

The article says it's his money?

[Guest]

I'd also question whether or not the club has actually made a net transfer on players since he came in, as we owed plenty out from past transfers

[LeazesMag 0]

Yeah, he comes out of that article looking great ©

 

 

If you say so... Though that was never anybody's point of view being debated

Well, you're the one seemingly intent on comparing him favourably with the previous regime, regardless of the facts. As shown by the bits you've put in bold. Feel free to put me right though.

 

How much did shepherd spend out of his personal fortune on players like?

Ashley's made a net profit on transfers. Is it only his own money when it suits your argument?

 

No, the clubs made a net profit on transfers.

 

In other words, yes, it is only his own money when it suits your argument.

 

thats about the size of it

 

[Park Life 71]

All PL clubs are in debt bar one - Stoke, last time I looked. It's the nature of the beast, the PL is highly competitive, expenseive but also with high rewards. Average debt at PL clubs runs between 30-50m with the top end perilously high. It is very difficult to remain competitive/not get relegated and with the other hand not spend money on players either, it is more or less impossible.

 

So far as to say, running PL clubs on profit is practically unheard of bar one or two clubs who have been run mind numnbinlgy well for half a dozen years or more. Still MA would have known all that IF HE HAD DONE DUE DILLIGANCE before he took over and had studied the football business model for even ONE DAY.

Edited September 14, 2010 by Park Life

[LeazesMag 0]

All PL clubs are in debt bar one - Stoke, last time I looked. It's the nature of the beast, the PL is highly competitive, expenseive but also with high rewards. Average debt at PL clubs runs between 30-50m with the top end perilously high. It is very difficult to remain competitive/not get relegated and with the other hand not spend money on players either, it is more or less impossible.

 

So far as to say, running PL clubs on profit is practically unheard of bar one or two clubs who have been run mind numnbinlgy well for half a dozen years or more. Still MA would have known all that IF HE HAD DONE DUE DILLIGANCE before he took over and had studied the football business model for even ONE DAY.

 

aye. Some people just don't live in the real world.

[peasepud 59]

United already owed the sports shop retailer more than £111m in interest-free loans, according to the most recent set of accounts, but The Journal understands that this figure has increased over the summer as Ashley (pictured below) paid for the club’s new signings out of his own money.

 

The most recent set of accounts being the season before we were relegated. We are now, I would estimate £180-£200m in debt to Ashley with a further £30m owed to Barclays (assuming that all of the £25m was paid off the overdraft).

 

Financial stability, its great man.

[Guest]

United already owed the sports shop retailer more than £111m in interest-free loans, according to the most recent set of accounts, but The Journal understands that this figure has increased over the summer as Ashley (pictured below) paid for the club’s new signings out of his own money.

 

The most recent set of accounts being the season before we were relegated. We are now, I would estimate £180-£200m in debt to Ashley with a further £30m owed to Barclays (assuming that all of the £25m was paid off the overdraft).

 

Financial stability, its great man.

 

Aye, so he's basically paid for Freddie's ambition. I suppose you'd prefer he just left the debt to the original debtors, so that we paid a shit load of interest on it but owed Ashley fuck all?

 

Perhaps you'd like to suggest an alternative way of managing the debt that Freddie left. How would YOU have done it, peasepud? Pretend it didn't exist?

 

I borrowed £110 quid off me Dad today, because a direct debit went out that took me over my overdraft into my personal reserve. I don't normally need to, but the holiday to ibiza was a bit spur of the moment and I didn't budget for it. I don't get paid till the 24th. When I get paid I'll give my fatha £110 back. If I'd just ignored it and used my reserve, i'd pay back £110 plus £44 in fees.

Edited September 14, 2010 by AshleysSkidMark