+ Visit Newcastle United FC Mad for Latest News, Transfer Gossip, Fixtures and Match Results
Page 1 of 5 123 ... LastLast
Results 1 to 10 of 46

Thread: So when does the debt start to reduce ?

  1. #1

    So when does the debt start to reduce ?

    So the debt keeps going up and as a club were living like skag rats .why hasn't any money at all been paid off .Or the better question is when .At the rate the debt will be more than the club's value .

  2. #2
    Join Date
    Jun 2007
    Posts
    12,105
    Never is the real answer,it will be hoyed on to fat cnuts idea of a valuation.This will ensure that the club is unsellable which suits him down to the ground.It's time for action and I don't mean ANY boycott of games..

  3. #3
    Join Date
    Mar 2018
    Posts
    3,913
    He saved the club man.Because apparently nobody else would have wanted to buy a club of our size and stature.What a load of b0llocks.Apparently he can do what he likes and we should be grateful for the debt/loan doubling in size since he waddled through the door.
    As for the debt.It will just get bigger every year until he drops because he will never sell.

  4. #4
    Join Date
    May 2009
    Posts
    7,746
    The debt will never be reduced under Ashley...a proper owner with proper intent is meant to write that debt off and sell the club for its true value.

    That debt he inherited would have long been sorted out if we had not been relegated twice and had we been well organised; we would have been a strong club earning much more. Plus he has had free advertising so screw his debt; he doesn't deserve it back.

    As for the new owners;

    The squad is worth around £200m and the right price to pay for the club is in the region of £300m. Ashley can say goodbye to getting any of his interest free loan debt to the club and he dare not pass that debt on to the new owners

  5. #5
    Join Date
    May 2009
    Posts
    7,746
    Quote Originally Posted by Geordie1974 View Post
    He saved the club man.Because apparently nobody else would have wanted to buy a club of our size and stature.What a load of b0llocks.Apparently he can do what he likes and we should be grateful for the debt/loan doubling in size since he waddled through the door.
    As for the debt.It will just get bigger every year until he drops because he will never sell.
    He is pure scum, the debt is being disguised as an interest free loan, you own the club now, so you own the debt period. The loan is not interest free, he gets free advertising for sports direct....shady crooks playing with books is what it is....

    When it comes to the £150m or debt, then it's termed as an interest free loan distancing himself as an owner. If you own the club then ethically you own the debt, don't hide behind company laws. But then when it comes to a separate entity of sports direct advertisement, then why does he not pay the club for it, then all of a sudden he becomes the owner and wishes to do whatever he wants...??

  6. #6
    Join Date
    Jun 2011
    Posts
    27,689
    Quote Originally Posted by gogz_86 View Post
    He is pure scum, the debt is being disguised as an interest free loan, you own the club now, so you own the debt period. The loan is not interest free, he gets free advertising for sports direct....shady crooks playing with books is what it is....

    When it comes to the £150m or debt, then it's termed as an interest free loan distancing himself as an owner. If you own the club then ethically you own the debt, don't hide behind company laws. But then when it comes to a separate entity of sports direct advertisement, then why does he not pay the club for it, then all of a sudden he becomes the owner and wishes to do whatever he wants...??
    He is an absolute cunt.

    End of.

  7. #7
    Join Date
    Mar 2018
    Posts
    3,913
    Quote Originally Posted by Zippity View Post
    He is an absolute cunt.

    End of.
    Spot on!!

  8. #8
    Join Date
    May 2009
    Posts
    7,746
    Do these petitions to the parliament ever come off? Can there be some action taken against Ashley?

  9. #9
    If he was bothered in anyway about the club he woyldnt take instalments when we sell a player .but hed rather take instalments and then loan the club more debt .doesnt give a **** when we get relegated like a fan does he knows he can lump us with more debt .

  10. #10
    Join Date
    Jun 2011
    Posts
    27,689
    Quote Originally Posted by toonfalifekevbrown View Post
    If he was bothered in anyway about the club he woyldnt take instalments when we sell a player .but hed rather take instalments and then loan the club more debt .doesnt give a **** when we get relegated like a fan does he knows he can lump us with more debt .
    He'll ruin us eventually.

Page 1 of 5 123 ... LastLast

Forum Info

Footymad Forums offer you the chance to interact and discuss all things football with fellow fans from around the world, and share your views on footballing issues from the latest, breaking transfer rumours to the state of the game at international level and everything in between.

Whether your team is battling it out for the Premier League title or struggling for League survival, there's a forum for you!

Gooners, Mackems, Tractor Boys - you're all welcome, please just remember to respect the opinions of others.

Click here for a full list of the hundreds of forums available to you

The forums are free to join, although you must play fair and abide by the rules explained here, otherwise your ability to post may be temporarily or permanently revoked.

So what are you waiting for? Register now and join the debate!

(these forums are not actively moderated, so if you wish to report any comment made by another member please report it.)



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •