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Thread: An asset stripped Newcastle united

  1. #1

    An asset stripped Newcastle united

    That's what we are .Slowly over 11 years that has been what has been going on to the side ..discuss.

  2. #2
    Join Date
    Apr 2015
    Posts
    5,017
    There's no asset stripping.

  3. #3
    Join Date
    May 2006
    Posts
    46,651
    Quote Originally Posted by ghostrider View Post
    There's no asset stripping.
    We're just becoming a shell of what we were.

    Maybe not officially but the club shop no longer supports the club and the club no longer spend money to improve just to hold position. As just two examples off the top of my head.

  4. #4
    Join Date
    Jan 2011
    Posts
    25,085
    Quote Originally Posted by Jammy89 View Post
    We're just becoming a shell of what we were.

    Maybe not officially but the club shop no longer supports the club and the club no longer spend money to improve just to hold position. As just two examples off the top of my head.
    And how much is 11 seasons of stadium advertising worth?

  5. #5
    Join Date
    May 2008
    Posts
    8,345
    It is quote obviously asset stripped.

    We do not have a club shop anymore, we used to have FOUR.
    Our academy / training facilities were state of the art 10 or 12 years ago, there has been no upgrade so it is now worthless.
    The Balmburgh suite used to be a good lower end corporate facility, it along with tge platinum club are now tatty mess, giving no value for money. The balmburgh suite is not corporate any more it is now tge magpie suite and it just an extension of the platinum club, selling pre match pies and other kiosk food instead of the meals and waitress facilities.

    These areas no longer generate cash, but that is ok as 50k + turn up, the season ticket money is in the bank, the free advertising (another lost asset) is banked by the wrong company.

    Players are sold at a profit, but the transfer window still ends in the black, as the money is not re-invested.

    Club debt has doubled, and perversly is owed to same man who made all the other assets dissappear.

    The only assets left are the manager and the fans, who are both actively being criticised and undermined by paid minnions of tge same club owner.

    What moee proof is needed.

    Don't bother trying to convince me, i am bored with pro Ashley BS now, keys, Gray, fat sam, shola and jim white have seen to that.

  6. #6
    Join Date
    Apr 2018
    Posts
    820
    Don’t forget the little poisonous shyte house Dennis Wise mind Mick.

  7. #7
    Join Date
    May 2008
    Posts
    8,345
    There are dozens of the kuntz. I was merely giving a small example.

  8. #8
    Join Date
    Dec 2006
    Posts
    15,742
    ...and itīs all been very successful for Ashley as a business to generate cash and will continue to do so until enough supporters wake up and say "enough".

    The real support is disappearing and being replaced by theatre goers. The colour of their money is the same and so Ashley doesnīt care.

  9. #9
    Join Date
    Apr 2015
    Posts
    5,017
    Quote Originally Posted by toptoon View Post
    ...and itīs all been very successful for Ashley as a business to generate cash and will continue to do so until enough supporters wake up and say "enough".

    The real support is disappearing and being replaced by theatre goers. The colour of their money is the same and so Ashley doesnīt care.
    Theatre goers?
    To watch the dross Benitez sets out it takes real fans to endure it...not theatre goers.

  10. #10
    Quote Originally Posted by ghostrider View Post
    Theatre goers?
    To watch the dross Benitez sets out it takes real fans to endure it...not theatre goers.
    Anybody that thinks that this club has not been asset stripped needs tying to the railings on
    Byker Bridge and lashed with a sock full of s_it

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