trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 I've said it before every fortnight theres roughly a 2 hour Sports Direct advert played to a worldwide audience for free. The sales off it must be astronomical I can't see him giving it up. Oh and there's a game of football played in front of 50,000 people but Ashley's not arsed about that as long as they keep handing him their money. Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted September 11, 2014 Share Posted September 11, 2014 http://www.mirror.co.uk/sport/football/news/mike-ashley-admits-newcastle-deals-4197471 Link to comment Share on other sites More sharing options...
ClubSpinDoctor 0 Posted September 11, 2014 Share Posted September 11, 2014 So we don't have any club shop revenue any more? Does that still count as taking no money from the club? Seems backwards to me. He owns 60ish% of SD and 100% of NUFC. Why give SD the revenue? Link to comment Share on other sites More sharing options...
ewerk 31198 Posted September 11, 2014 Share Posted September 11, 2014 Not much of a public interview. I've no problem with SD running our club shop and merchandising sales if it's more profitable for the club. Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted September 11, 2014 Share Posted September 11, 2014 So we don't have any club shop revenue any more? Does that still count as taking no money from the club? Seems backwards to me. He owns 60ish% of SD and 100% of NUFC. Why give SD the revenue? Â Because he hates you and all other disabled horse punching maggot penis Newcastle supporters. Link to comment Share on other sites More sharing options...
ewerk 31198 Posted September 11, 2014 Share Posted September 11, 2014 So we don't have any club shop revenue any more? Does that still count as taking no money from the club? Seems backwards to me. He owns 60ish% of SD and 100% of NUFC. Why give SD the revenue? Â Revenue is irrelevant, it's about the bottom line. Link to comment Share on other sites More sharing options...
Wally McFool 0 Posted September 11, 2014 Share Posted September 11, 2014 Think this announcement is nowt but a cynical ploy by the club designed to take the heat off P45due. Its what these c* nts do. Link to comment Share on other sites More sharing options...
Alex 35573 Posted September 11, 2014 Share Posted September 11, 2014 Have we ever been off the market? Well, exactly. Or rather, there is no market but the club is always for sale. Finding someone meeting the price and having enough left over to take us forward on the other hand... Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 Canny interview that gives us a lot of insight about him as we always thought he's a cunt. Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 The thing is the club is unrealistically priced when you add on the loan. I definitely think it's one of his ploys he can say "I know your unhappy so I've put it back up for sale but nobodys interested" we all know he could write that loan off today (it's a drop in the ocean for him) and make the club more buyable. But he wont this club has earned him a fortune and I can't see him letting it slide through his sausage fingers. Link to comment Share on other sites More sharing options...
Alex 35573 Posted September 11, 2014 Share Posted September 11, 2014 We've been here before. The article is (largely pro-Ashley) bollocks I reckon. Link to comment Share on other sites More sharing options...
ewerk 31198 Posted September 11, 2014 Share Posted September 11, 2014 The thing is the club is unrealistically priced when you add on the loan.  Given that Fulham went for £150m-£200m I don't think that £230m is an unfair price. Link to comment Share on other sites More sharing options...
PaddockLad 17648 Posted September 11, 2014 Share Posted September 11, 2014 It was only that price when you added on the bill for taking the Michael Jackson statue away. Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 If he wrote of the loan it would be a fairer price I always thought he'd want about £280 million for the club £150 for the club & £130 for the never ending loan. It doesn't really matter as he's not really selling he's looking to fill a few of the boxes for the next 10 years. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted September 11, 2014 Share Posted September 11, 2014 3 x revenue is the starting point of any valuation   Given that Fulham went for £150m-£200m I don't think that £230m is an unfair price.  FTSE index is around 6.5k today which is where it was in 2007. Since the club was valued on the market at 135m ish back then, it should be at least that.  Then you add in value growth in the sector and the fact that football has been largely resilient to the broader economic trends in 2008 -2011 (+ massive growth in TV revenue) and its easy to put a valuation of 200m+ on us. If that's a debt free price with a wage/turnover ratio of < 70% with a squad capable of staying in the premiership, i think there would be buyers. Link to comment Share on other sites More sharing options...
Kitman 2207 Posted September 11, 2014 Share Posted September 11, 2014 He's not going to write his loan off or undersell the club. In any event I want someone to whom a ridiculously inflated price is barely a blip on their bank balance. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 11, 2014 Share Posted September 11, 2014 Article quotes £129m of debt from most recent accounts, but that should be down to £111m now. Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 What would be the price of 2 hours advertising every fortnight around the world cost he wont let that go . Link to comment Share on other sites More sharing options...
ewerk 31198 Posted September 11, 2014 Share Posted September 11, 2014 Article quotes £129m of debt from most recent accounts, but that should be down to £111m now.  I wouldn't be entirely surprised if the club has repaid more than the stated £18m since the last set of accounts were published.  The £134m it cost him to buy the club plus whatever the debt is means that he wouldn't be up much at the claimed asking price of £230m. Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 Article quotes £129m of debt from most recent accounts, but that should be down to £111m now. Neverendingloan innit. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 11, 2014 Share Posted September 11, 2014  I wouldn't be entirely surprised if the club has repaid more than the stated £18m since the last set of accounts were published.  The £134m it cost him to buy the club plus whatever the debt is means that he wouldn't be up much at the claimed asking price of £230m.  That's what I'm waiting to have confirmed.  The one dim light of optimism for me is that the £111m remains ringfenced as promised and the money the club earns is spent within the club.  If he starts chopping away at the larger debt the 5 years we've waited to be self-financing and able to afford better players/managers starts all over again. Link to comment Share on other sites More sharing options...
trooper 940 Posted September 11, 2014 Share Posted September 11, 2014 He's unlikely to sell put a little sing song of you "southern rotund born out of wedlock get out of our club" at the Hull game will give him a little reminder of how we still feel . Oh and dont forget the white headed weasle faced fucker too FANKS Link to comment Share on other sites More sharing options...
Park Life 71 Posted September 11, 2014 Share Posted September 11, 2014 The value of the club is around 250m without the 'debt'. So the Edwards figures are made up if his price evaluation includes the debt..He implies that MA would accept his buying price plus the debt...That doesn't sound like Ashley at all...In Dubai he held out for 400m and turned up late for 2 meetings. This is a puff piece, I suspect put out by 'the club' to give us all something else to think about instead of continuing the pressure on P45due. Â People talking about using the CL as a vehicle for SD (with Rangers) haven't read the advertising rules for the CL and its 8 key sponsors. Link to comment Share on other sites More sharing options...
Dr Gloom 22147 Posted September 11, 2014 Share Posted September 11, 2014 aye, i can't see ashley selling up anytime soon. any offer would have to be monster monster for the fat fuck to fuck off Link to comment Share on other sites More sharing options...
Park Life 71 Posted September 11, 2014 Share Posted September 11, 2014 aye, i can't see ashley selling up anytime soon. any offer would have to be monster monster for the fat fuck to fuck off I think 350 is the minimum he'll take and only if he's in a good mood that day. Link to comment Share on other sites More sharing options...
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