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....
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)
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=tooslomofo;38959891]Isn't there an ongoing investigation by HMRC looking into the transfer dealing & running of the club?Originally Posted by pboromag;38959883
you are operating in one of the biggest buinesses in the world
not some market stall /QUOTE
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.