Quote Originally Posted by Kal View Post
He bought the club with assets as well as debts. He got £35 million for Andy Carroll (who was a club asset). We could go round in circles with this, but what we do know, is that the club had about £80 million debt when he bought it and it now has about £140 million debt.

Whether you choose to believe that or not is up to you.
If ashley is to be believed - 60 million of the additional debt was accrued through the 2 relegations that were completely down to his own ineptitude. he qouted £30 million loss each time