Every penny etc. etc.

It’s late (early) and I’ve had a few but I’m so disillusioned with this pantomime of a club that I need to say it - there were a few things doing the rounds via NewsNow etc. about club revenues such as:

- kit sponsorship - say this was worth £1M per year but the club accepted £0.5M per year (schematic figures) in order to furnish a better deal for the club’s umbrella company and its sports retail business.
- Presumably, if catering, hospitality & corporate were treated the same way, the ‘umbrella company’ would benefit in a similar way
- Staging fees for concerts, does this go to the club or the actual owner (long term lease holder) of the stadium

To summarise, the owner may not have taken an actual penny out of the club but if the above is be accurate enough, he’ll have done better than OK via creative accounting etc. 😡😡😡

First off, where NUFC are concerned, he's a proven-and admitted- liar. He's taken tens of millions out of the club to repay the 'loans' to the club...which he owns. It's like a parent going up to their child's piggy bank and taking all their savings out and saying 'well, after all, it's my money'.

Secondly, the comparison that is routinely used, is the one between our revenue and Spurs when he took over and it tells you everything you need to know. He's fixed it so that the money doesn't even come in to us in the first place. He doesn't need to take it out of the club because he's made sure it goes to him via other companies and interests.

The man is a cancerous parasite on our club.

Quote:

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Originally Posted by Zippity

First off, where NUFC are concerned, he's a proven-and admitted- liar. He's taken tens of millions out of the club to repay the 'loans' to the club...which he owns. It's like a parent going up to their child's piggy bank and taking all their savings out and saying 'well, after all, it's my money'.

Secondly, the comparison that is routinely used, is the one between our revenue and Spurs when he took over and it tells you everything you need to know. He's fixed it so that the money doesn't even come in to us in the first place. He doesn't need to take it out of the club because he's made sure it goes to him via other companies and interests.

The man is a cancerous parasite on our club.

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So what exactly do you want if you get your wish of him leaving the club?

What do you want that he is not giving you?

Quote:

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Originally Posted by ghostrider

So what exactly do you want if you get your wish of him leaving the club?

What do you want that he is not giving you?

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Great question, don't believe we've told you this a million times before.

Plenty of bait being put on the hook this morning lads.Don't nibble at it.

Quote:

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Originally Posted by Zippity

The man is a cancerous parasite on our club.

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He is.

Soon we get rid the better.

I dread to think what it'll take to get rid of him though, how low we'll have to sink.

It doesn't really matter how far we sink,at least we MIGHT be able to enjoy going to the match again.Certainly don't at the moment,and not for the foreseeable future