Ashley Statement

[toptoon]

Well there is that advertising board going round and round throughout the match which has a very small select few companies on. £7-10 million a year would be better than nowt and would buy us a player a season which appears to be the level we are having to aim at. I read we would be receiving £43 million from the TV deal from the 15/16 season. We also had a £20 million surplus from sales. No I don't want the name changing hes already pulled that one and miraculously didnt get anyone to take it up, but there most probably was no intention.

I see you point Bob but if you take 7 million, once you´ve factored in a year´s salary and agents, for the player, you´re left with less than 5 million to spend on transfer fee. Who could we buy for that.

"Look after the pennies..." and all that but the issue of advertising at St James´Park is not a big one, financially.

[ex_pat_magpie]

Who's blaming Rafa?
It's fine if people want Ashley to leave but just remember that there's a host of Ellis Shorts out there willing to promise the Earth and pay for any stand out name to pull on a shirt to pacify fans for a cool 5 minutes before all the hugging and feel good factors come crashing down to levels where 1 million is deemed a gamble.

Like Ashley said: this is Newcastle United. It's not being derogatory, it's being realistic in terms of spends and attraction of players of higher calibre, without suffering the catastrophic effects of the aftermath should the club fail to accelerate almost instantly.

It would be great if a Sheikh comes in, or similar, with a money no object mindset. It will get us the best of the best because we can pay best of the best money and even have a real potential for trophies like that Man City style.

The issue is, where would we go from that point on because expectations would be through the roof and anything other than sustaining that will literally destroy the club as any semblance of a club that we all fell in love with.

It would signal the birth of the absolute real plastics who will desert it after a few seasons of what could be classed as mediocrity which would consist of going without major cups or a few stints outside of the top 4.

A football killer for the real fan and a festival for the well off watching the on field exploits of pop star status teams of pampered ignorant bell ends who quickly forget what reality is.

Who's blaming Rafa you ask. I don't need to answer that. Just read particular posts.

[ex_pat_magpie]

I see you point Bob but if you take 7 million, once you´ve factored in a year´s salary and agents, for the player, you´re left with less than 5 million to spend on transfer fee. Who could we buy for that.

"Look after the pennies..." and all that but the issue of advertising at St James´Park is not a big one, financially.

We got Sissoko for far less than that and look at the return on the sale.

[pboromag]

He has been honest with Rafa
He could have all the money the club generated

Everyone was aware we had a large squad bleeding wages

Rafa has had 3 Windows to thin it out

Let's hope his rush to get Carr out and use his contacts plays out well

I remember many on here. Itching like Pphuck when ash toyed with naming rights etc

He told us then that he wasn't going to bank roll the club

[Andy1981_2]

It doesn't really matter that most of Ashley's wealth is in shares - those are assets he can leverage at any time to get a credit line. Facebook was valued at $25bn before it generated a single cent of revenue, yet somehow it managed to build a multi-million dollar campus in Silicon Valley, employ hundreds of staff etc in the meantime. How? On credit, loaned by investors against the potential value of the company.

Ashley's statement deliberately sets up a straw man opponent too: which fans honestly expect (or even want) the club to be spending £150m-£200m in this transfer window? I think we all expected a transfer budget in line with the increased television deal revenue. This is not an unreasonable expectation for a club that has, for years now, run at a profit when in the PL. £50-£60m should be absolutely affordable under FFP, even in the absence of a 'naming rights deal' for the stadium, and that's what most people would have hoped for. That much would permit us to sign the striker Rafa wants and the club needs, and any person with the remotest grasp of business and football would see that spending that extra £15m on a striker is a risk worth taking when offset against the possible costs (costs which should be fresh in the mind of Ashley having overseen two relegations previously).

Another issue: what naming rights deal do Man Utd have, or Chelsea, or Real Madrid, or Barcelona etc? Of the clubs who've spent more than us this season in the table posted earlier, only 4 out of the 11 have naming rights deals, and one of those 4 is Huddersfield, and I seriously doubt John Smith's have handed them £40m this season (which is how much they've spent).

I smell bull****.

[ranat22]

love to see ashley crying on sky me like HaH

stick to selling socks to c0ckneys and leave the football to rafa,there's a good lad!

faaakin suvern plastics innit!

[pboromag]

love to see ashley crying on sky me like HaH

stick to selling socks to c0ckneys and leave the football to rafa,there's a good lad!

faaakin suvern plastics innit!

He is a Souther plastic who owns a club that so many northern monkeys say they love but don't buy

All those great northern companies and successful northern personalities who can't buy the club

The last
Northern bumpy was a lad with less than 23 million

Northern rock went bust putting many families in trouble
And the great Newcastle brown ale is made down south

If it wasn't for students I doubt Newcastle as a city would be on the map
Apart from stag dos and unis it ain't got a lot going for it

No big business any way
Hence no local sponsorship anymoren

[Kal]

If it wasn't for students I doubt Newcastle as a city would be on the map
Apart from stag dos and unis it ain't got a lot going for it

Apart from some of the finest architecture and history the UK has to offer.

[pboromag]

Apart from some of the finest architecture and history the UK has to offer.

Really
My town has so much history we are the only town where a king has been crowned outside of London

Doesn't make us a great place
In fact it's a 5hit hole

Which is why I moved

[Kal]

Comparing Peterborough to Newcastle Upon Tyne is your best absurdity yet.