So when does the debt start to reduce ?

[toonfalifekevbrown]

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 .

[ashingtoon62]

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..

[Geordie1974]

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.

[gogz_86]

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

[gogz_86]

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...??

[Zippity]

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.

[pboromag]

He is an absolute cunt.

End of.

the advertising wouldnt cover the debt payment

even the debt payment from the initial purchase and not what has incurred under him

and who says if he pulls his signage anyone else would fill it

people dont want to rename the ground ,rightly so

people seem to not like the advertising as the shops are tat(snoby pheckers)

so do we only accept advertising from ethical buisness
that rules out banks ,,and most big buisness

what would we get maybe 1.5 mill a year from all his advertising ,if that

what is a loan repayment on 120 odd million 5-6 mill maybe at the rates when it was given to ash

if that is correct surely the club owes him money

[pboromag]

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.

so why hasnt anyone brought us
one half hearted attempt from stavely who had no backing and some geordie who thought 24 mil could buy it

you would think the great geordie nation with all its super fans like sting the lads from auf weidersien pet etc shearer would be able to afford 300-400 mill between them

and then do an ash and just give all money generated to who ever they appoint as manager

the truth is this club will need close to a billion pounds in purchase and player and upkeep of tehe ground

thats why we wont get sold

and the returns outside the top 4 arent worth that investment

[ronandtet]

so why hasnt anyone brought us
one half hearted attempt from stavely who had no backing and some geordie who thought 24 mil could buy it

you would think the great geordie nation with all its super fans like sting the lads from auf weidersien pet etc shearer would be able to afford 300-400 mill between them

and then do an ash and just give all money generated to who ever they appoint as manager

the truth is this club will need close to a billion pounds in purchase and player and upkeep of tehe ground

thats why we wont get sold

and the returns outside the top 4 arent worth that investment

Yet again sniping at geordies !

[ex_pat_magpie]

Yet again sniping at geordies !

That's the best you get from a cockney sparrer. Can't give support to one of his local East End clubs.