Happy Face 29 Posted March 31, 2015 Share Posted March 31, 2015 Across 13/14 NUFC disposed of the registrations for Harper, Simpson, Perch, Cabaye, Gosling, Shola and Tavernier. Added Perez and Kemen. Could you convince HMRC that constitutes a £25m cost to your squad value? Link to comment Share on other sites More sharing options...
Toonpack 9127 Posted March 31, 2015 Share Posted March 31, 2015 Just postulating but, would it not be better for the fat cunt to take a hit on tax so that his stranglehold on the club, ergo the unpaid loan, with which he is able to leverage free advertising for his Sports Direct brand (his first and only love) remained intact? He's the 100% owner, he doesn't need any stranglehold more than that fact to do whatever he wants. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted March 31, 2015 Share Posted March 31, 2015 He's the 100% owner, he doesn't need any stranglehold more than that fact to do whatever he wants. He's shown at Rangers what a relatively small interest free loan can get him and his shop, without having to actually own the club. It's not beyond the realms of fantasy to imagine he could leave that finance in place at NUFC and sell to a buyer willing to pay £130-£150m and meet the terms that benefit Ashley (continued advertising and Retail "partnerships") but remove the pain of managing the club. Link to comment Share on other sites More sharing options...
Rayvin 5151 Posted March 31, 2015 Share Posted March 31, 2015 I'm starting to wonder what the end game could possibly be though. Even though it's good news that the club is making a profit, £19m, even if we managed it each season, isn't enough to ever go anywhere. Might be enough to stay where we are I guess. So if he's not making any money out of it, he's not paying off the loan, and the club isn't making enough profit to really challenge (in the way Arsenal do), what is the point for Ashley? Just advertising? Mental lengths to go through for advertising... Link to comment Share on other sites More sharing options...
Gemmill 44182 Posted March 31, 2015 Share Posted March 31, 2015 It's another outlet through which he can make people suffer. Zero hour contracts wasn't enough. Link to comment Share on other sites More sharing options...
Rayvin 5151 Posted March 31, 2015 Share Posted March 31, 2015 I genuinely think we're utterly meaningless to him, but I just can't fathom the business rationale for what he's doing. Unless he's still just trying to make the best of his failed dream. Link to comment Share on other sites More sharing options...
BLACKANDWHITEGEORDIE 0 Posted March 31, 2015 Share Posted March 31, 2015 It's another outlet through which he can make people suffer. Zero hour contracts wasn't enough. He will do what Tesco has done which is put staff on 8 hours a week contract, so when they go on holiday say for 2 weeks they only get 16 hours holiday pay Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 1, 2015 Share Posted April 1, 2015 I'm starting to wonder what the end game could possibly be though. Even though it's good news that the club is making a profit, £19m, even if we managed it each season, isn't enough to ever go anywhere. Might be enough to stay where we are I guess. So if he's not making any money out of it, he's not paying off the loan, and the club isn't making enough profit to really challenge (in the way Arsenal do), what is the point for Ashley? Just advertising? Mental lengths to go through for advertising... Emirates pay £30m a year for advertising at arsenal. They get nowt back except what they pay for - their name on stuff. The £30m a year Ashley has put into nufc (£240m over 8 years) goes down every year that he stays.... And he gets it ALL back in the end. Probably with a profit. I'd say that was worth it to Ashley. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 1, 2015 Share Posted April 1, 2015 Link to comment Share on other sites More sharing options...
ewerk 30175 Posted April 1, 2015 Share Posted April 1, 2015 Not even P&L champions. Link to comment Share on other sites More sharing options...
trophyshy 7066 Posted April 1, 2015 Share Posted April 1, 2015 Accounts thread should be pinned imo, to give it the appropriate prominence. Link to comment Share on other sites More sharing options...
trooper 940 Posted April 1, 2015 Share Posted April 1, 2015 After everybody moaning about free advertising is it possible he's paid himself i.e. SD for the advertising ? Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 1, 2015 Share Posted April 1, 2015 The club could pay him a salary or a dividend... But nufc said they haven't done that. Link to comment Share on other sites More sharing options...
trooper 940 Posted April 1, 2015 Share Posted April 1, 2015 After such high values were predicted is puzzling as to why its come in much lower do you think its anything to do with appointing himself to the board last year HF .? Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 1, 2015 Share Posted April 1, 2015 After such high values were predicted is puzzling as to why its come in much lower do you think its anything to do with appointing himself to the board last year HF .?Possibly. That move was made 1 month before the closure of this accounting period. Perhaps making himself an employee was needed to get some money out as a cost to the club. I'm used to lies but it would be incredible for them to state ashley has taken nothing out of the club on Monday and publish accounts on Thursday where he's took a £20m salary or whatever. Link to comment Share on other sites More sharing options...
trooper 940 Posted April 1, 2015 Share Posted April 1, 2015 I guess we'll know tomorrow but we shouldn't be surprised by what's revealed. Link to comment Share on other sites More sharing options...
Park Life 71 Posted April 1, 2015 Share Posted April 1, 2015 This kind of intrugue is far more interesting than a stupid fukin cup run. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 1, 2015 Share Posted April 1, 2015 This kind of intrugue is far more interesting than a stupid fukin cup run. All Mike Ashley's Men. Coming soon to theatres. With Robert Redford as Happy Face I like it. Link to comment Share on other sites More sharing options...
Kevin Carr's Gloves 3791 Posted April 6, 2015 Share Posted April 6, 2015 Have the full accounts been published yet? Link to comment Share on other sites More sharing options...
Dr Gloom 21768 Posted April 6, 2015 Share Posted April 6, 2015 It's mornings like today when we should bury the disappointment of another no show in the derby and find comfort in the health of the club's finances. /s Link to comment Share on other sites More sharing options...
Tom 14011 Posted April 6, 2015 Share Posted April 6, 2015 Hope they go bust tbh Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2015 Share Posted April 6, 2015 Have the full accounts been published yet? It'll be during business hours. Just waiting on companies house to do it. Link to comment Share on other sites More sharing options...
trooper 940 Posted April 10, 2015 Share Posted April 10, 2015 Any news on the full accounts being issued yet HF ? Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 10, 2015 Share Posted April 10, 2015 Nope. Link to comment Share on other sites More sharing options...
The Fish 10674 Posted April 10, 2015 Share Posted April 10, 2015 They'll come out in the aftermath of the Liverpool hammering. Link to comment Share on other sites More sharing options...
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