Missing cash

Quote:

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Originally Posted by pboromag

i would say so and more
im sure electricity and maintainace bills are high

transport and hotels for all teams
pensions we have to pay

accommodation for the youths etc ,for those brought in from outside the areaeither hotels or local peoples houses who are given a rent etc

how much a onth do we pay for the ground
match day policing

business rates

ground care both st james,s and the training facilities

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Go ahead an explain how other clubs are managing then, do note that Newcastle rank in the top 20 money league across the globe....we have the 7th highest revenue in the league on par with Everton and still other clubs splash the cash and seem to comply with the financial fair play laws...

Please explain how other clubs are spending more on players, better yet, explain where we are failing compared to these other clubs that have far less revenue than us....

As of last week...

https://images2.imgbox.com/3a/75/VSyTfEWP_o.jpg

Shameful

Quote:

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Originally Posted by Zippity

As of last week...

https://images2.imgbox.com/3a/75/VSyTfEWP_o.jpg

Shameful

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Excellent stats zip...Ashley will be glad that he has made a profit, add the new figures in with mitro and sells out with Schar and mu to in; and the figure will now have changed to £20m+ in profit

Anyone able to put the one up going around Twitter that shows when Ashley took over here in 2017,Bournemouth,Brighton and Huddersfield were in the bottom half of League 1.Now they are outspending us.
It's unbelievable.It is paired with them stats you put up Zipp.

Mike ashleys son in law is involved with mash holdings .id look at their accounts

Here's another one for you...by 2017, our revenue had dropped to £86 million...which is a million less than when Ashley took over!!!

He is fucking raking it in!!!

Anyone know how to see the mash holdings accounts...is it possible? (not that I would be able to understand them)

Quote:

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Originally Posted by Zippity

Here's another one for you...by 2017, our revenue had dropped to £86 million...which is a million less than when Ashley took over!!!

He is fucking raking it in!!!

Anyone know how to see the mash holdings accounts...is it possible? (not that I would be able to understand them)

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Found this link:
https://suite.endole.co.uk/insight/c...ldings-limited

Cash in Bank
£335.85m

Turnover
£3.04b
+£70.64m (2.38%)
vs previous year

Year Ended
Apr 2016

Total Assets
£2.95b
+£827.46m (38.94%)
vs previous year

Total Liabilities
£-1.72b
+£646.25m (60.03%)
vs previous year

Net Assets
£1.23b
+£181.21m (17.28%)
vs previous year


Employees - I guess this is all of Sport Direct employees?
18,533
+1.04k (5.94%)
vs previous year

Turnover
£3.04b
+£70.64m (2.38%)
vs previous year

Debt Ratio (%)
58.35%
+7.7 (15.2%)
vs previous year

https://beta.companieshouse.gov.uk/c...filing-history
Company fliling history

Quote:

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Originally Posted by Zippity

Here's another one for you...by 2017, our revenue had dropped to £86 million...which is a million less than when Ashley took over!!!

He is fucking raking it in!!!

Anyone know how to see the mash holdings accounts...is it possible? (not that I would be able to understand them)

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Private company, which i think means they don't need to give their accounts out to the general public.

Could be wrong though, not majorly knowledgeable of finance like this.

[QUOTE=tooslomofo;38959891]

Quote:

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Originally Posted by pboromag;38959883

you are operating in one of the biggest buinesses in the world

not some market stall /QUOTE

So why is Ashley running us like one of his sh177y shops and not like the global business that we should be/could be?

What other businesses hires a cheap director like Charnley who is out of his depth or diliberately puts obstacles in the way of its company operations
Starves it’s manager of much needed funds
And continually lies to its customers ( us)

Wake up and get your head out your @rse

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Isn't there an ongoing investigation by HMRC looking into the transfer dealing & running of the club?

The investigation could turn up clue as to how the club is being run, mismanaged financially!?!

Yet more wonderful publicity for the famous old club.

You know, Freddy Sheppard made his money in Scrap metal - however the man was never investigated by HMRC - The club operated as all others do in the modern game - paying for players over a period to years - The club had debt but not as much as it has today.

Milking the club dry.