Jump to content

Newcastle United: Club Sold To PCP - Official


The Mighty Hog
 Share

Recommended Posts

17 hours ago, Howay said:

:lol: What a fucking twat Wraith is man. 

Wraith: ''You are now famous! You are in the evening chronicle. Look.'

 

Later, in the chronicle.....

 

'LOCAL PARENTS TELL OF SHAME AND SADNESS OF SON AND FRIENDS BEHAVIOUR!'

20211105_095044.jpg

  • Haha 5
Link to comment
Share on other sites

1 hour ago, Howmanheyman said:

Wraith: ''You are now famous! You are in the evening chronicle. Look.'

 

Later, in the chronicle.....

 

'LOCAL PARENTS TELL OF SHAME AND SADNESS OF SON AND FRIENDS BEHAVIOUR!'

20211105_095044.jpg

 

Fucking hell that is one hair ensemble.

Edited by Dougle
  • Haha 2
Link to comment
Share on other sites

3 minutes ago, TheGingerQuiff said:

How much is Stavely worth? Is she going to need to bankroll 10% of everything?

 

She's invested with PCP rather than personally, so the question really is how much is that fund worth.

 

That said they don't necessarily all need to put in the same amount if they agree otherwise between them.

Link to comment
Share on other sites

Given that we've been financially on an even keel I don't understand why we suddenly need an injection of 30 odd million. Fair enough Bruce had to be paid off but it's hard to see how costs have risen so sharply in such a short period of time.

  • Like 1
Link to comment
Share on other sites

1 minute ago, ewerk said:

Given that we've been financially on an even keel I don't understand why we suddenly need an injection of 30 odd million. Fair enough Bruce had to be paid off but it's hard to see how costs have risen so sharply in such a short period of time.


I did ask if they could stock up on balti pies.

Link to comment
Share on other sites

4 minutes ago, ewerk said:

Given that we've been financially on an even keel I don't understand why we suddenly need an injection of 30 odd million. Fair enough Bruce had to be paid off but it's hard to see how costs have risen so sharply in such a short period of time.

 

I'd assume part of the reason we were supposedly on an even keel, is that Charnley and the tea lady were the only people keeping the place open. It takes money to repopulate what was essentially a ghost ship. Long term contract for the window cleaners etc 😉

Link to comment
Share on other sites

On 06/11/2021 at 01:52, ewerk said:

Given that we've been financially on an even keel I don't understand why we suddenly need an injection of 30 odd million. Fair enough Bruce had to be paid off but it's hard to see how costs have risen so sharply in such a short period of time.

 

I guess that even keel is based on how Ashley wanted the club to run, ie as cheaply as possible, rather than how the new ownership want it to.

Link to comment
Share on other sites

That article is asking questions without offering any realistic answers. My own boring explanation is that it's simply a cashflow problem. The £8m payout to Bruce was significant and quite possibly we simply didn't have the cash on hand to make the payment until the next TV money instalment was due. Ashley himself could have been doing this for years, loaning us money then repaying himself before the end of the accounting period. Ultimately it's nothing to get too excited about.

  • Like 2
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.