I’m suggesting he fancies a bit of a project in the Coventry area in general.Of course, but I was led to believe that Ashley’s a billionaire.
Are you suggesting that Ashley is desperate to achieve success at a football club - any football club! - by way of investing in the team and taking them to the next level but simply bit off more than he could chew at Newcastle?
He paid £140m to buy Newcastle a club that was losing £40m a year and had £100m debts and wages twice the level of turnover.Of course, but I was led to believe that Ashley’s a billionaire.
Are you suggesting that Ashley is desperate to achieve success at a football club - any football club! - by way of investing in the team and taking them to the next level but simply bit off more than he could chew at Newcastle?
He paid £140m to buy Newcastle a club that was losing £40m a year and had £100m debts and wages twice the level of turnover.
He made a £60m profitSo what did he get out of it?
The decision to hand managementIt’s also worth pointing out Ashley alienated the fan base mainly as he sacked their God Keegan who then successfully won a court case against him and made the bizarre decision to appoint Joe Kinnear - his fate was sealed
How long after taking over the club did he sack Keegan? Just getting a feel for how long Robins has got lolIt’s also worth pointing out Ashley alienated the fan base mainly as he sacked their God Keegan who then successfully won a court case against him and made the bizarre decision to appoint Joe Kinnear - his fate was sealed
Pardew on a 10 year contract incomingHow long after taking over the club did he sack Keegan? Just getting a feel for how long Robins has got lol
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He appointed him and then sacked himHow long after taking over the club did he sack Keegan? Just getting a feel for how long Robins has got lol
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Your pissing in the wind on here if you think he will be given a chance. Minds made upHow any of us can judge the new majority shareholder without giving him a chance first is unfair.
Well for years you’ve said that no-one would ever consider us as a good investment, but now all of a sudden the Championship is an obvious (and much more competitive now, apparently?) league for any old billionaire to invest in and get a 10 fold return. And yet even with the stadium in play, there only appears to be one potential game in town, and we’re not even sure if he’s interested. If the business case is so obvious, where are the other buyers?He made a £60m profit
you just seem to be trying to construct arguments for the sake of it
We currently seem to be in a situation where the current owners are admitting there are no funds available.
The league now is competitive. Some level of input - very low level to someone like Ashley - could make a 10 fold return on investment if successful and given the club will continue to pay rent to the holding company who owns the stadium the money gets paid back anyway over time
In revenue and wage bill terms they were one of the biggest clubs in Europe (and regularly played in Europe too). You could argue they would have just gone the same way as Leeds if he’d acted otherwise, but the argument against Ashley is that he took over a team with a realistic shot at entrenching themselves in the top 4, but they instead fell away just as UCL money was going stratospheric, and it will take them decades (and billions more pounds) to get them back there.He appointed him and then sacked him
The belief Newcastle are some powerhouse is laughable - they last won a major domestic trophy the year the electric television was invented
The club was rife with debt to the tune of another £100 million. Basically another Leeds in the makingIn revenue and wage bill terms they were one of the biggest clubs in Europe (and regularly played in Europe too). You could argue they would have just gone the same way as Leeds if he’d acted otherwise, but the argument against Ashley is that he took over a team with a realistic shot at entrenching themselves in the top 4, but they instead fell away just as UCL money was going stratospheric, and it will take them decades (and billions more pounds) to get them back there.
Peter Hormantschuk is preparing to take over our first team as we speak...It’s also worth pointing out Ashley alienated the fan base mainly as he sacked their God Keegan who then successfully won a court case against him and made the bizarre decision to appoint Joe Kinnear - his fate was sealed
Keegan appointed Kinnear?Peter Hormantschuk is preparing to take over our first team as we speak...
Arguing in defence of Freddie Shepherd is very interestingIn revenue and wage bill terms they were one of the biggest clubs in Europe (and regularly played in Europe too). You could argue they would have just gone the same way as Leeds if he’d acted otherwise, but the argument against Ashley is that he took over a team with a realistic shot at entrenching themselves in the top 4, but they instead fell away just as UCL money was going stratospheric, and it will take them decades (and billions more pounds) to get them back there.
As I said, that’s the argument for the other side. I would question whether big debts are necessarily fatal to a Premier League club’s ambition, especially if they have a billionaire owner. But if you put that much importance on having sound finances off the pitch above all else then I can see the argument.The club was rife with debt to the tune of another £100 million. Basically another Leeds in the making
I didn’t put a value judgment on where Newcastle ranked financially. I certainly don’t think Newcastle have ever had great owners (and Shepherd was clearly insane). But when it comes to billionaires like Ashley owning football clubs I’m yet to see why I should give a shit about how much money they might make or lose in making sure the team is successful.Arguing in defence of Freddie Shepherd is very interesting
You’re pissing in the wind on here if you think he will be given a chance. Minds made up
Point is it seemed like they were on the precipice and Ashley came along at an opportune moment.As I said, that’s the argument for the other side. I would question whether big debts are necessarily fatal to a Premier League club’s ambition, especially if they have a billionaire owner. But if you put that much importance on having sound finances off the pitch above all else then I can see the argument.
Your failing to understand the premise of what Grendel is saying. Forget Newcastle and other premier league teams for the time being. The scenario is this and its also an IF, There are very few clubs outside of the Premier league that could be bought for a relatively modest amount and taken to the next level. If you look at us we have a massive catchment area, great fan base, potentially a great stadium, above average team and manger, young squad and a brilliant academy. If you were looking to get a football team to do that then we look like a very good choice. The If in this is does MA want to do this?In revenue and wage bill terms they were one of the biggest clubs in Europe (and regularly played in Europe too). You could argue they would have just gone the same way as Leeds if he’d acted otherwise, but the argument against Ashley is that he took over a team with a realistic shot at entrenching themselves in the top 4, but they instead fell away just as UCL money was going stratospheric, and it will take them decades (and billions more pounds) to get them back there.
the theory is great but isn't that pretty similar to the Ranson plan? Find a city with a single club, modern stadium, put a bit of money in, get promoted, cash out. didn't work that time, lets hope if Ashely does take over it works better this time.Your failing to understand the premise of what Grendel is saying. Forget Newcastle and other premier league teams for the time being. The scenario is this and its also an IF, There are very few clubs outside of the Premier league that could be bought for a relatively modest amount and taken to the next level. If you look at us we have a massive catchment area, great fan base, potentially a great stadium, above average team and manger, young squad and a brilliant academy. If you were looking to get a football team to do that then we look like a very good choice. The If in this is does MA want to do this?
It’s nothing like the ranson plan as they didn’t own the stadium and ended up spending money on bills they didn’t even know existedthe theory is great but isn't that pretty similar to the Ranson plan? Find a city with a single club, modern stadium, put a bit of money in, get promoted, cash out. didn't work that time, lets hope if Ashely does take over it works better this time.
So when the stadium and the club were both on the block earlier this month, how many investors were queued up for this very modest and very lucrative opportunity?Your failing to understand the premise of what Grendel is saying. Forget Newcastle and other premier league teams for the time being. The scenario is this and its also an IF, There are very few clubs outside of the Premier league that could be bought for a relatively modest amount and taken to the next level. If you look at us we have a massive catchment area, great fan base, potentially a great stadium, above average team and manger, young squad and a brilliant academy. If you were looking to get a football team to do that then we look like a very good choice. The If in this is does MA want to do this?
I would assume up to now having no chance of getting the stadium?If we’re such a great investment opportunity why is no one else trying to buy us?
I would assume up to now having no chance of getting the stadium?
Some have tried none could get past Joy, if she has really sold 85% then maybe King is easier to deal with and might make a quick killing.If we’re such a great investment opportunity why is no one else trying to buy us?
You would not know if negotiations were taking place or not due to the secretive nature of SISU, none of us new who or had heard of Mr King until Wednesday night.So when the stadium and the club were both on the block earlier this month, how many investors were queued up for this very modest and very lucrative opportunity?
I’ve read his Newcastle venture when he took them over they were £71million in debt, that’s 15 years ago and a massive wage bill, spent twelve out of fourteen years in the Premiership and left them with the richest owners in football they are now third in the prem. and dark horses to be higher I’d accept that.The club was rife with debt to the tune of another £100 million. Basically another Leeds in the making
Me tooI have a feeling there’s no 4D chess and Joy decided she couldn’t take us further once the stadium had gone.
Ten years people have been having wilder and wilder theories about “what’s really happening” and pretty much all of them came to nothing. For now my take is Ashley doesn’t want the club and King is going to see us through without selling this season.
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