Mike Ashley Takeover …Ready and Waiting (1 Viewer)

slowpoke

Well-Known Member
What’s his track record of buying a club and improving their league position and financial clout?

He gave Newcastle “PL football and survival” from a starting position of being one of the biggest spending clubs in England who played in Europe almost every year.
Did they ??
 

SBT

Well-Known Member
That was exactly my point, we're not every club, we're so deep in the shit that we're welcoming an approach from someone everyone else is desperate to avoid.

I'm not sure the fact that Newcastle were better before his ownership and have improved since he has left is quite the selling point you think it is.

Ashley has exactly nothing to do with the current performance of the team.

Always makes me smile when people big up Ashley for that reason. “He managed to sell the team onto much wealthier, much more ambitious owners!” OK, well why don’t we get them on the phone then?
 

Moff

Well-Known Member
Says a lot about the situation that we've got people hoping we get taken over by someone every other club is desperate to avoid.

The guy is basically a running joke, when there's talk of any club being up for sale their rivals give it the 'hope Ashley buys them' line.

I would just like someone relatively normal, then I look at football club owners, and realise there’s not many sane rational individuals amongst them.
 

ovduk78

Well-Known Member
What’s his track record of buying a club and improving their league position and financial clout?

He gave Newcastle “PL football and survival” from a starting position of being one of the biggest spending clubs in England who played in Europe almost every year.
When Ashley bought Newcastle he stopped them going into admin and paid off all their debts. Yes they were relegated twice with him as owner but each time he backed the manager and they were promoted straight back to the PL. Newcastle's fans mainly gripe is that he didn't back the manager enough when in the PL. It is without question that when he left they were in a damn sight better position than when he took over.
 

GIMOC

Well-Known Member
Always makes me smile when people big up Ashley for that reason. “He managed to sell the team onto much wealthier, much more ambitious owners!” OK, well why don’t we get them on the phone then?

look at the bigger picture for one moment. Ashley now has his foot in the club. Ground has always been our aspiration. Now he has that.if he is successful in taking over the club., he has a much more saleable asset. If he can get the whole lock stock for £60 mill. Come this time next year could be worth double.
 

Nick

Administrator
look at the bigger picture for one moment. Ashley now has his foot in the club. Ground has always been our aspiration. Now he has that.if he is successful in taking over the club., he has a much more saleable asset. If he can get the whole lock stock for £60 mill. Come this time next year could be worth double.

Likewise it could be the other way too with somebody who owns the club ;)
 

GIMOC

Well-Known Member
Yes:


The whole thread is very informative for those who want to get a sense of where Newcastle were when Ashley joined, versus where they were when he left

Lol and under sisu tenure. We’ve spent multiple seasons out of cov. Dropped to league 2. If it wasn’t for robins and the Notts county game all them years ago dread to think where we would be now.
 

Flying Fokker

Well-Known Member
Ashley's ownership of Newcastle was not dissimilar to SISU's ownership of us, they just started at a higher point. 9 out of the 10 seasons prior to Ashley's involvement they finished high enough to be playing in Europe. Under Ashley they were relegated twice and only qualified for Europe once.

Some people seem to think he'll come in and go all out to make us a top Prem club but the evidence doesn't really back that up.
I for one hope any owner has ambition. As for being a top prem club, there aren’t many teams wearing that title. So, I agree, you may think that some people want us to be a top prem club.
 
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NorthernWisdom

Well-Known Member
Is he and upgrade on sisu? 100 percent.
It goes back to though, is this how low we've sunk, that not trashing the club inside and out is enough to get hero's status? Maybe it is, maybe we have to make small steps, but it'd be nice if we could jump the beer monster with an irrational liking for employing Steve Bruce stage.
 

SBT

Well-Known Member
When Ashley bought Newcastle he stopped them going into admin and paid off all their debts. Yes they were relegated twice with him as owner but each time he backed the manager and they were promoted straight back to the PL. Newcastle's fans mainly gripe is that he didn't back the manager enough when in the PL. It is without question that when he left they were in a damn sight better position than when he took over.

Lol - the only time he saved them from admin was after they were relegated due to cost cutting under his ownership!

When Ashley took over NUFC they were a revenue powerhouse - ranked 14th in all of Europe by Deloitte. The graph below shows how far backward they went under Ashley - literally a decade of stagnation.

1668700295089.png
 

Nick

Administrator
We need CWR to get Ashley and Doug on a stage, live stream it and ask them questions.

It's impossible to guess what it means for the club now :(
 

Flying Fokker

Well-Known Member
It goes back to though, is this how low we've sunk, that not trashing the club inside and out is enough to get hero's status? Maybe it is, maybe we have to make small steps, but it'd be nice if we could jump the beer monster with an irrational liking for employing Steve Bruce stage.
That’s too much of a leap.
 

slowpoke

Well-Known Member
Does this open the door for another party to try and buy the football club, sisu have sold 85% or so they say, King is the prospective buyer, has to be passed by the EFL, think they are more stringent now, what do the EFL look for exactly. Will King be the club owner or an investor and what has happened to the other investors.
 

shmmeee

Well-Known Member
Just completely desperate that it’s even come to this.

Our best option is a widely disliked tracksuit merchant with a mediocre track record in football at best, who may not even want to buy us anyway. Great!

Real 3am in the club vibes.
 

steve cooper

Well-Known Member
I think what some people are forgetting, at the moment we are not really saleable as we are, our only real assets are our players who could all run down their contracts in a year or so anyway.
Whatever Ashley's legacy at Newcastle, look where they are now. Currently 3rd having won their last 5 games.
The end of the line is not always what will happen tomorrow, we have got almost no chance in our current situation of a major step forward. At least if we were united with the stadium there would be some hope of something positive happening one day.
 

Flying Fokker

Well-Known Member
Does this open the door for another party to try and buy the football club, sisu have sold 85% or so they say, King is the prospective buyer, has to be passed by the EFL, think they are more stringent now, what do the EFL look for exactly. Will King be the club owner or an investor and what has happened to the other investors.
Putting his money where his mouth is?
 

ovduk78

Well-Known Member
Lol - the only time he saved them from admin was after they were relegated due to cost cutting under his ownership!

When Ashley took over NUFC they were a revenue powerhouse - ranked 14th in all of Europe by Deloitte. The graph below shows how far backward they went under Ashley - literally a decade of stagnation.

View attachment 27324
He bought out Shepherd & Hall and then found out that he had all the creditors to pay too otherwise they would have gone bust. Some of this was for the buying of player's whilst Shepherd & Hall chased the PL/CL dream.
 

SBT

Well-Known Member
He bought out Shepherd & Hall and then found out that he had all the creditors to pay too otherwise they would have gone bust. Some of this was for the buying of player's whilst Shepherd & Hall chased the PL/CL dream.

Well yes, he claimed there was £27m in transfer fees which he was on the hook for because he didn’t do due diligence (again - great owner!) but I’ve not seen anything to suggest the club was then at risk of bankruptcy unless you can provide otherwise?
 

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