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Ashley misses out on the best freebie yet!

Posted on June 6th, 2010 | 129 Comments |

Ashley needs to communicate more.
Ashley needs to communicate more.
It’s a simple concept really, one that is free to implement, and one that has actually made me agree with something that is written in the Sunday Sun!

It is of course the concept of communication, or the lack of it. First off, from my perspective of writing articles on here, a lack of communication and information is less than helpful over these quiet summer months, but that really isn’t the most important thing.

The most important thing has to be communicating with the fans. We know Ashley is a recluse, or so it has been said, which makes you wonder why he bought the 4th best supported team in England in the the first place, but look past that and you will see that he is also a successful businessman. I know what people will say to that, but the guy started off with nothing and has made over a billion pounds selling sportswear, which is impressive whichever way you look at it. His escapades at St James’ Park though are yet to match up to his success as a sportswear mogul.

That is the shocking part of things, how can a man that has made that much cash be so poor at communicating with his customers? Realistically, sports goods and football aren’t a million miles apart, it’s all business. By that I mean that the concept is the same, you market something and sell it to willing customers, in the case of football, the fans. The one big difference is that joe public are free to choose which shop they want to buy stuff from, whereas us fans can’t pick and choose our team, we are stuck with it.

That is where Ashley still needs to learn, although it appears he is unwilling to. He needs to realise that, as fans, we are more than just customers, we have more than just money tied to the club. We have an emotional link to Newcastle that can’t be changed, and that is regardless of where we all come from, where we live now, how long we have followed Newcastle for, we all put towards it in one form or another.

The fact that we have such a huge fanbase dictates that we should know what is going on at the club. I’m not talking like the extremes of what it was like under Freddie Shepherd, in fact I am glad I no longer have to see his face in front of the cameras spouting rubbish, but there certainly needs to be a middle ground between what we have now and what we had then.

The thing with a media blackout, is that people will just make their own stories up anyway. It’s a self-defeating philosophy. Yes, I can agree with some parts of it, like keeping potential transfer targets under wraps, but for other parts there is no need. That statement, whilst intentioned for clarity, was worthless as a PR exercise, but will it be worth it come the start of the new season?

Will those people who were debating whether or not to buy their season ticket be sold on what the statement contained, or will they think balls to it, my money is stopping in my pocket? That statement has been one of the biggest talking points of the summer, with the largest part of the debate concerning the “no new capital outlay” malarkey. The fact that there has been so much debate out that one point should indicate that clarity sought after had been missed.

The potential of PR is something that can be of great benefit, and make Ashley’s life much easier with regards to Newcastle. After all, communication is free, isn’t it?

NUFCBlog Author: toonsy toonsy has written 643 articles on this blog.

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129 Responses

  1. Over the last ten years we’ve actually been the 3rd best supported club in the country. Man City only just beat us this year.

    Although I think our average crowd could well go down next season.

  2. The greatest scandal of all is the latest decision to scrap the Jackie milburn statue and weigh it in for payment towards sports direct advertising over the world cup! It’s an utter disgrace!

  3. nimagpie – What was confusing about it? Let us know what you struggled to comprehend and I can make it simpler?

  4. Toonsy, I read this well penned article as reading “communication is free, Ashley needs to use this avenue better than before”…or summat along those lines
    I think there is a cunning plan somewhere coming from MA’s reluctance to communicate. Not sure what it will bring us though !
    Imagine how much good PR he could achieve riding on the back of a super promotion season ? But what do we get……zilch ! Pity really !

  5. we’d all like mike ashley to communicate more,but ask anyone who has shares in sports direct,how they’ve been treated.these people have money invested with him,and he would’nt answer any of their questions at an AGM.
    the much maligned statement of a few weeks back.seems to point to the club going into even more of a lockdown.
    the impression i got was they are going to communicate even less than they did before,if that’s possible.
    apparently we’ll hear club related issues coming from the press officer wendy or is that peter pan,tinkerbell,nana et al.

  6. Trojan – Thats a good point about Sports Direct shareholders, forgot about that.

    Munich – That was how it was supposed to read. Although to clarify, I wasn’t having a dig at nimagpie or anything, it was a genuine question.

    How can I get better at all this unless I ask people how to get better :)

  7. Do you think if Ashley sells enough England tops we will sign a player.

    Also have you seen the sports direct advert. It must have cost about 20p to make.

  8. DJG – It’s worked though hasn’t it? I mean it has got you talking about it, which is the point of advertising, to arouse interest.

  9. Its not good interest. People slagging off Sports Directs and the cheap adverts is not good publicity.

  10. Who cares how tacky the advert is? Only Newcastle fans.

    The other 60 million people in the country don’t give a toss I bet, all they see is the cheap prices ;)

  11. TROJAN 69 says:
    June 6, 2010 at 2:25 pm

    “we’d all like mike ashley to communicate more”

    I wouldn’t, Trojan. Personally, I’m not a big fan of owners blathering on about nothing every five minutes. People will only interpret what he’s saying through a distorting lens anyway.

  12. Ashley doesn’t have to say anything. But he employs people at the club who should communicate alot better than they do now.

    Although I do believe his customers (Who actually spend money at the club) do deserve to hear what the man has to say about the club. Not every week, but certainly once in a while.

    We deserve that much.

  13. It would only be a pack of lies anyway-think MA would snap chelsea’s arm off for £7m for Carroll that will be razzed on roulette in a night up mayfair with Owl Heed straight away :)

  14. I still believe the reason we have not got the new kit
    is because Ashley is holding it until England get knocked out . Think about it – buy one top newcastle have always been club before country

  15. I’d rather have Ashley saying nothing than those attention seeking clowns at West Ham

  16. Agree with Stuart and Workey.
    As the owner of a football club, we don’t need to hear from him. How many other reasonably sane owners (bar that lot at Upton Park who are clearly insane)do you hear spouting off in the press? That’s the job of the CEO/Chairman whatever you want to call the role ie Deka, to communicate with the press and therein lies the problem. We have a CEO who is clearly poor at communicating, it does not mean the owner should communicate for him. In an ideal world e would be replaced but lets not go down that route again as it’s clearly not going to happen.Lets see what Wendy brings to the table and how she can some how or other improve communications coming out of SJP. Don’t forget we were told Ashley was a recluse when he bought the club. All the commentators didn’t even expect him to ever visit SJP, so to find him in a toon top down the quayside and travelling with fans to away matches dumbfounded the lot of them and probably us. He’s probably just reverting to type now.

  17. Couldn’t care less what Big Mick has to say-bored of his patter-he hates geordies-hates NUFC and Hates Newcatle upon Tyne and all it’s inhabitants.

  18. Workey

    Have to disagree with you`r tude on communication.
    By asserting that the opposite of non communication, would be blathering on about nothing every five minutes and to then suggest whatever was said would then be misinterpreted anyhow.
    Well thats stretching things.
    Think it`s known as slanted writing ?
    Look the fans are a major source of revenue, buying both seats and shirts and therefore should be treated like any good customer, with a little respect and thats exactly what they have got from this owner and management bunch,LITTLE respect.
    OK before you get to it i believe Ashley does`nt deserve and have never agreed with how he has been treated by certain fans.
    Who knows the guy may be a very private person, he`s never been a public figure, in fact how many people even knew of his existence prior to his becoming owner of the club.
    But NUFC is a business with loyal customers and IMO should be treated as such, i mean there is a PR dept. at this club, no ?
    Putting out “THE STATEMENT” was a PR disaster in it`s arrogance, sounded like a Maoist or Stalinist decleration introducing the new five year plan.
    If thats your preference as opposed to the regular flow of info comming from the PR deps. of well run clubs, so be it`!

  19. sirjasontoon says:
    June 6, 2010 at 6:02 pm
    “Couldn’t care less what Big Mick has to say-bored of his patter”

    Isn’t the point of this article to say that he ISN’T communicating with the fans? If he hasn’t communicated, how can you be bored of it?

    Another thing we need to be wary of is becoming to lazy in generalising everything that happens at the club as ‘Ashley’, when in fact, he probably has little do to with, or limited knowledge of, a lot of aspects to do with the club. This is what you employ other people to do.

  20. Think that Geordie Deb (@18) and Workyticket (@12) have probably summed it up best for me. I’m also not actually convinced that MA has much to do with the day-to-day running of the club. That is what Llambias is there for. If he’s not, why employ him, even if he is MA’s mate.

    What I’d like to know is just how many of these ‘MA mistakes’ are his own, and how many are more rightly the result of Lambias’ ineptitude. Rumours did fly about during the Keegan bust up that Llambias’ man-management skills left a lot to be desired.

    What I would really like to know is what type of information people expect to come out of the club? Not just our club, but any club?

    I would assume that we don’t want to publicise our transfer targets (if there are any), we don’t want to wash any dirty linen in public and we don’t expect the club to seek public approval before they carry out any sort of change. We’re in a close season so there are bound to be a reduction in the number of regular press conferences anyway.

    What do you expect to hear from a club?

  21. But should Ashley not ensure he has the right people in situ to communicate properly, and clearly?

    Anger rising as I see Fat Sam is a pundit for that SoccerAid :mad:

  22. Agree with some of what you say Starkadder but if alot of the mistakes are down to Llambias’s ineptitude then Ashley also has to shoulder the blame as he continues to employ him,he should have got rid.

  23. Toonsy (@23) Yes!

    And that is his mistake. And he has made that mistake at least twice (Llambias and Wise). Until that is rectified we will never know is MA inept, or is it his poorly selected appointments.

    I never saw Llambias’ job advertised in the Chron’ on a Thursday night, so how did he get it. If it was just offered to him ‘cos he’s a mate, then the fault for that lies squarely at Mike Ashley’s door and only he can rectify it, by sacking his mate.

    That’s never going to happen as long as he feels that Llambias is his only ally at the club.

  24. The fact remains that there is no cummunication from the club because there is nothing positive to say.

    Evertime the club do say something it’s not exactly what you would call positive is it?

    They have history. Lets just take ‘the statement’. I still cannot believe the ridiculousness of it! Who gets promoted then lets everyone know there’ll be no money spent and the only new players will more than likely be from the academy?

    I just defies belief!

  25. jay jay says:
    June 6, 2010 at 6:30 pm
    Too many knobheads on soccer aid, gonna give it a miss.

    I’m sure they’ll be gutted….

  26. Richie, perhaps he has, and we just don’t know it because of the bad communiaction thing.

    There were stories that MA tried to calm the waters between Llambias and Keegan, but it had gone too far. It is obvious that when he first arrived MA made a huge effort and won over an awful lot of fans just by being on the terraces and in the pubs. That all disappeared because of Keegangate. Was that really MA’s doing or just his undoing?

  27. I’d say his undoing mate,I’d doubt very much he has anything to do with the day to day running.I’ve said before,as have others that things would go alot smoother if he got rid of DL and got a David Dein or similar type person in.

  28. £7 million for Carroll apparently :roll:

    I laso hear there is a rich Russian half interested in buying the club :roll:

    Summer is great :roll:

  29. Starkadder says:
    June 6, 2010 at 6:34 pm
    Stuart @26: Are you then advocating ‘no news is good news’?

    Not really, I just think the club have made their position quite clear. Good news or bad news, we won’t hear about it.

    The most bizarre thing though is, that Llambias is quoted as saying the club made a mistake by saying nothing and going into a bunker after KK gate. So what do they do? They go into another bunker, only a begger one this time.

    They are either stupid or they just hold us in absolute contempt!

  30. Can’t see either realistically Toonsy.

    Wouldn’t imagine anyone would take a punt on Carroll until the outcome of his court case. I don’t think he would want to go either.

  31. toonsy says:
    June 6, 2010 at 6:36 pm
    £7 million for Carroll apparently

    I laso hear there is a rich Russian half interested in buying the club

    Summer is great

    Don’t get peoples hopes up toonsy!

  32. Just peddling rumours guys, don’t worry. That is what the :roll: was about.

    If I believed it the first you would have read of it would be in one of my scoops :twisted:

  33. Although toonsy, I’m quite suprised that with all the wealth in Russia there has only ever been one buy a football club.

  34. You mean you re quite surprised there has only been one buy an English football club?

    There are more outside of England you know? ;)

  35. Yeah I know that, toonsy, but the PL is were the serious money is and it has the worldwide appeal that these people want for their interests.

  36. By attempting to claim Ashley is not responsible for most things and that he plays a small role in the everyday workings of NUFC, there`s probably a grain of truth in that .
    But you can be assured he`s not going to leave anything major to that astute footballing and business genius Llambias.
    A simple involvement of the PR department on a fairly frequent basis (no not that excuse for an official web site) would go a long way in healing the rift between fans and management, but i aint holding my breath on that to happen.
    I believe too much damage has been done and there can no longer be any reconciliation, in which case Ashley is acting purely in his own interest,not really giving a damn about the fans.
    I wish it were not the case but that`s how it appears from where i stand.

  37. Stu – Dunno, I don’t think Abramovich has any real ulterior motive at Chelsea. Otherwise he would be advertising etc etc.

    Now Man City on the other hand, where everting is sponsored by the owners airline? Well….

  38. chuck @41:

    Obviously the money is Ashley’s, so anything that requires major investment will go past Ashley. But you cannot really think that he man-manages at St. James or the training ground on a day-to-day basis. There are legions of staff employed by and contracted to the club who do eveything from cleaning the toilets upwards to our illustrious Cheif Executive or whatever his title is.

    If anything, there is perhaps now a suggestion that the club itself was badly run for years and it has been highlighted now because of our current situation. PR at the club has never ever been good. It’s not a new issue. Remember the Souness, Dyer, Bowyer press conference.

    Years ago the club tried to get NUFC.com shut down because it got more hits. They didn’t try to improve their own site and win market share, but resorted to threats and tried to get the FA to ban NUFC.com from listing the fixtures. That’s not good PR.

    A whole host of things have come to light in the last few years, not the least of which is the poor financial state of the club, and there has been a tendancy among many to lay the blame for all of it at the door of the current administration. I don’t know how much of it is really their fault.

  39. toonsy says:
    June 6, 2010 at 6:56 pm

    “Stu – Dunno, I don’t think Abramovich has any real ulterior motive at Chelsea. Otherwise he would be advertising etc etc.”

    Amoral trash like Abramovich always have an ulterior motive. He say it’s for fun, and by fun he said he meant winning trophies. However many see it as a way of having interests and assets outside of Russia in case things backfire on him back there. It is also way of gaining some kind of respectability in polite society. London is a favourite destination for Russian oligarchs as it is very accomodating in terms of tax.

  40. I absolutely hold Ashley and his regime responsible for our relegation. He just made rick after ick which culminated in our relegation.

    There’s no doubt our relegation has made the club worse off financially.

    The previous regime must take their fair share of blame but Ashley hammered a fair few nails in and he hammered the biggest and last nails in.

  41. Cannot believe I agree with Worky!

    Roman knows he might as well throw a load of money at Chelsea rather than the kind tax man of Russia.

  42. Worky – Like the Arabs at Citeh, they have their own reasons for buying them that are far more sinister than ‘regenerating an area of Manchester’, why would they give a shit?

    How about they have done it to increase awareness of the gulf states? And what better way to promote yourselves than using the vehicle of the most commercial league in the world?

  43. Toonsy another good thread your started to really get the hang of this mate ;) .
    I have said all along good Chairman and a good PR person could have made the last couple of years so much better and easier on MA but he still hasn’t learned the basics of communication but we have now a PR so will wait and see what she can do for us. Now we need a good football savy Chairman and we could use Lambarse as a clown for Kids parties and such, but I wont hold my breath on that one as I think we are stuck with owl heed.

  44. toonsy says:
    June 6, 2010 at 7:18 pm
    Stu – But by that reckoning, then Ashley deserves credit for getting us back up?

    But were in a complete and utter financial mess, toonsy. Sure, we would still have been in a bit of trouble financially if we had stayed in the PL but we would be in better shape.

    I’m talking about the finances of the club now – We got relegated and we are going to be paying for that for years and years!

    Ashley had to make sure we got back up – He couldn’t afford for us not to. It makes it all the more bizarre that he’s happy to risk going back down by stopping all spending.

  45. toonsy says:
    June 6, 2010 at 7:17 pm

    “How about they have done it to increase awareness of the gulf states?”

    They dream of taking their billions (built on the back of indentured servitude of the world’s poorest) and building world brands, Toonsy, and one of them is to be Man City.

  46. “People die, buildings fall down, oil runs out, but brands endure. If Abu Dhabi can become the business hub of modern Arabia, it will be able to generate sustainable wealth,” Rita Clifton – Interbrand.

  47. You mean by yourself interpreting that we wouldn’t be spending anything, Stuart?

    The largest bulk of the deby remains from Shepherd. That man needs to take a hell of a lot more blame that what he is getting away with. The guy turned £100 million in the bank into a business that was technically insolvent, had mortagaged all it’s assets, spent all its future income and culminated with a debt of £70 million and a team that was losing £30 million a year. Things like that don’t just sort themselves overnight I’m afraid, and yes it’s painful medicine, but we are being forced to take it.

  48. Toonsy ye could say we are still losing over £30 million a year but we now have a debt of £110 million and we have just been promoted after a relegation, so is that better than what we had ? . I honestly cant see how much more flak FFS could get but I do think alot of the blame should be put at SJH as he seems to have got away scott free

  49. toonsy,

    Like I said he needs to take his blame but were in more trouble now because of relegation – That is undeniable. That was Ashley’s fault. However a large chunk of the debt was a mortgage on the stadium. Every club has one of them, Ashley just didn’t read the small print that said once the guarantor sold the club the bill needing paying.

    Forget all this sh1t about supporters having their club back – We will never have it back until he’s gone.

    Also about the club and it’s spending plans – It’s becoming almost impossible to interpret it any other way.

    More and more stuff is filtering through regarding the fact that there is no money!

  50. Stu

    I know exactly where you are coming from and agree with you really. But would Ashley now not be better off with us getting relegated again and raking in the payments as that is the only way of getting the £90m?

    Of course, the best way for him to make money is to get a higher placing up the league each year and fight for a euro place. Only way of making sure is building up the squad and going for it, but I doubt that will happen. Of course, that might take place without spending too much, but could be a gamble and we won’t know how things are going to go until the season kicks off and results start coming in. Lets just hope whatever he does works out for the best.

  51. Stuart79 says:
    June 6, 2010 at 7:36 pm

    “More and more stuff is filtering through regarding the fact that there is no money!”

    Like?

  52. Big Dave says:
    June 6, 2010 at 7:36 pm

    “I honestly cant see how much more flak FFS could get but I do think alot of the blame should be put at SJH as he seems to have got away scott free”

    If Fat Freddy got the flak he deserved, he’d be flayed alive, hauled over hot coals, then hung from Grey’s monument for the birds, if that isn’t too good for him?

    Excellent point about SJH, Dave.

  53. Big Dave says:
    June 6, 2010 at 7:41 pm

    “Toonsy just interested did you look into the mortgage with Barclays”

    It isn’t really a “mortgage” in that sense, Dave.

  54. I was going to ask that as well about the mortgage. Admitdley I haven’t looked at the accounts, but how much of the debt is because of that? If that hadn’t had to be paid off all at once, would we be in a much better postion?

    If I had been Ashley, I would have wanted to get a new mortgage out as soon as I had paid the other one off, could have done it easily before I lost all that money in the credit crunch and still had over a billion in the bank. Would hae given a lot more cashflow to spend on the running of the club and other debts

  55. toonsy says:
    June 6, 2010 at 7:38 pm

    Well for a start, it’s well known that the club have been briefing the written media telling them that there is no money to spend. Then there was the agent who was on radio saying he’s been told NUFC will be spending no money.

    I guess only time will tell but it ain’t looking good.

    Simon says:
    June 6, 2010 at 7:38 pm

    The fact of the matter is that Ashley is gambling that the squad is good enough – He’s not thought that other clubs we’ll be competing with will all actually strengthen their squads.
    W

  56. It might work for one season, but it won’t last for more than a couple of seasons.

    But oh wait, football clubs aren’t going to spend any money anymore are they? We’ll be fine – In fact we’ll be in Europe within a couple of years.

  57. Worky I agree that there could be more payback from FFS but its not legal anymore :) But I do think SJH came out of this whole mess better than anyone else and should take a hell of a lot more blame I really dont think FFS took or made any decisions without SJH, fletcher and co’s approval and say so.

  58. Dave – Aye I did, and although it isn’t in the right place (the place I would have expected it to be) it is there, in fact there are two of them.

    But they aren’t mortgages, they are charges of security that probably stopped us having to pay back everything we owed the bank.

    So until the club can prove it is no risk, the bank can seize control of the assets.

  59. workyticket says:
    June 6, 2010 at 7:43 pm

    Are we talking about the overdraft or the ‘home improvement’ loan for the stadium?

  60. toonsy says:
    June 6, 2010 at 7:49 pm

    The fact the bank can seize the assets makes a complete and utter fckin mockery of having a single wealthy owner!

  61. Worky @ 62 I know its not a real mortgage as such and it would be used more as a security but I was just interested in knowing if it was actually in place ?

  62. Ashley has only ever put money into the club when he has had absolutely no choice.

    He had to pay off the debt when he bought the club – If he had done due dilligence he would have realised that.

    He’s had to put £30m a year into the club to keep it going – He couldn’t let an asset that he’d invested more than £200m in go under could he?

    He spent £20m on running costs last season because he knew it was absolutley imperitive we got back up.

    He hasn’t invested a single penny in new players – Every new player brought in has been off set by a sale.

    The more I think about it, the more I wish he’d just cut his losses and p1ss off!

  63. Stuart – Stop getting hung up on Ashley’s fortune. If he doesn’t want to spend it then he doesn’t want to spend it.

    It would be no different if we didn’t have them securites and we got in financial trouble. The assets would be seized anyway.

  64. Simon says:
    June 6, 2010 at 7:43 pm

    “I was going to ask that as well about the mortgage. Admitdley I haven’t looked at the accounts, but how much of the debt is because of that?”

    Simon, if the club defaults on it’s overdraft, then Barclays would have the right to claim on certain assets of the club, which is standard with many other successful clubs too and not as alarming as it may sound to some. St James’s Holdings still owns these assets and the Guardian is taking the you know what out of Geordies by attempting to mislead us again.

  65. Worky – That is what got me, they aren’t under St James’ Holdings, which is why I couldn’t find them initially.

  66. toonsy says:
    June 6, 2010 at 7:58 pm

    That’s complete and utter rubbish. I don’t know any other single owner of a football club who still secures the club assets against loans from banks.

    You don’t need a rich owner if you’re going to run it like that. You or me could run the club like that.

  67. toonsy says:
    June 6, 2010 at 8:00 pm

    “Worky – That is what got me, they aren’t under St James’ Holdings”

    Just to clarify, Toonsy. What isn’t under St James’s Holdings?

  68. toonsy says:
    June 6, 2010 at 7:59 pm
    Stuart – Would you rather have Dave Whelan as an owner?

    He hasn’t got enough money. But I would like an owner like him, someone who really cares about the club.

  69. Yeah you got that right, the oligarchs and the ruling elites of the Arabian peninsula are working on borrowed time, with a product that wont last OIL !
    They are attempting to diversify through Banking , Airlines and various other investments.
    It could surprise some to learn how much of their country`s investments are owned by oil rich Arabs and others.
    With this investment comes a certain, untouchable status and a hedge against loosing it through, revolution or in the case of Russian oligarchs, arrest on trumped up charges and eventual loss of fortune.
    Are these the people we want running our football clubs?
    Apparently so, just ask any Citeh of Chelsea fan, poor old Yanks aint having an easy time they all (apart from Kronk at Arsenal)are having to increase their stake`s, with some so heavily leveraged, they are not that far from collapse.
    Ah! sahib, what to do, what to do!

  70. I for one cant wait for the new season to start till we get back to playing again and having proper footie to talk about instead of the in’s and out’s of it, I know I might be proven wrong but I still think we will see a couple of new faces in as I really dont think MA is stupid maybe a bit backward at times but not stupid ;)

  71. workyticket says:
    June 6, 2010 at 8:03 pm

    “Just to clarify, Toonsy. What isn’t under St James’s Holdings?”

    These mortgage security things. They aren’t under St James’ Holdings.

  72. Feel the same as you Big Dave. Even if its not Newcastle playing, at least we have football again to watch come next Friday and we can have that to talk about as well

  73. Chelsea, Man City, Fulham, Aston Villa, Sunderland and Birmingham all have one wealthy individual owner. They don’t have overdrafts or any bank loans.

    They either ‘gift’ them the money like City or Sunderland or they loan the club money.

    I would rather owe money to the owner than the banks.

    It’s amazing, I see some on here slag off the Yanks at Liverpool and Man Utd but effectively by running up an overdraft and maybe other loans from the bank Ashley has done exactly the same as the yanks.

  74. On the Whelan vs Ashley choice, no brainer, at least Whelan has been proven as a benefactor who cares about the club he himself brought from relative obscurity to the EPL
    and he did it by spending a fortune.

  75. Stuart – We have an operating overdraft, which isn’t a big drama like you are making out.

    We have assets that sre being used as security, not borrowed against, which isn’t a big drama like you are making out.

  76. Chuck – I was waiting for you to say that :)

    Whelan has spent a total of just over £3 million of his pwn fortune on getting the players to get Wigan into the PL.

    He is not the rich benefactor that people make out.

  77. chuck says:
    June 6, 2010 at 8:04 pm

    “Yeah you got that right, the oligarchs and the ruling elites of the Arabian peninsula are working on borrowed time, with a product that wont last OIL !”

    Statler, only around 29% of UAE’s GDP comes from oil.

  78. toonsy says:
    June 6, 2010 at 8:14 pm

    But if we default the bank can seize the assets! We might not default as Ashley will probably cover it but why get banks involved if we have one big bank who owns the club?

    If RBS bought us would they get an overdraft from Barclays or a loan from Lloyds?

    The man has wanted to spend as leats as possible from the start – He’s been stung by his stupidity and were suffering.

  79. workyticket says:
    June 6, 2010 at 8:18 pm

    That’s slightly mis-leading as some UAE states like Dubai have almost no oil but Abu Dhabi has about 10% of the worlds oil reserves.

  80. Stuart – You seem bitter because Ashley doesn’t want to run the club as his plaything? He said from the start it wasn’t going to be the case with his “I will put £20 million a year into the club”

    It’s really not that hard to understand, it has never been a plaything to him, but he does have a quarter of his fortune tied up in us.

  81. toonsy says:
    June 6, 2010 at 8:23 pm

    Bitter is the wrong word, toonsy. But he said “I want to have some fun!”

    I am annoyed that he bought our football club to run like one of his businesses. Is that wrong?

    Were the only football club to be bought by a billionaire and become poorer! I am dissapointed by that.

  82. And he probably was having fun, standing in the away ends, drinking with the lads etc etc.

    Does fun have to constitue splashing his cash around willy nilly, on something he has no emotional attachment to, and going against his £20 million principle?

    In your eyes maybe, in his eyes no apparently not.

  83. toonsy says:
    June 6, 2010 at 8:30 pm
    And he probably was having fun, standing in the away ends, drinking with the lads etc etc.

    Does fun have to constitue splashing his cash around willy nilly, on something he has no emotional attachment to, and going against his £20 million principle?

    Well why buy the club then, toonsy?

    I don’t mind a businessman buying us to make money as long as we get something out of it. All I’ve had out of this regime is fckin grief! Like so many other supporters.

  84. Stuart79 says:
    June 6, 2010 at 8:22 pm

    “That’s slightly mis-leading as some UAE states like Dubai have almost no oil but Abu Dhabi has about 10% of the worlds oil reserves.”

    Stuart,

    You’ve got yourself a little confused in your rush to troll me once again. The whole of the UAE, of which Abu Dhabi is just one Emirate amonng seven, has less than 8% of the world’s estimated oil reserves.

  85. Stuart79 says:
    June 6, 2010 at 8:32 pm

    “Well why buy the club then, toonsy?”

    Because perhaps your idea of fun and his idea of fun are poles apart?

    People are assuming that because he is WORTH over a billion, that he must have that amount floating around his bank account. But how much of that is tied up in places, like a quarter of that worth is Newcastle United apparently, for example.

    To get to the top now, you need a multi billionaire, or years of steady growth. Mike Ashley is not the former, and we have not had the latter.

  86. workyticket says:
    June 6, 2010 at 8:40 pm

    “You’ve got yourself a little confused in your rush to troll me once again.”

    Brilliant :D

  87. Well we’ll agree to differ so we don’t have to go through all the arguments.

    Before you show me a link to a magazine article and pass it off as fact, I’m only going off an interview I seen with the editor of Arabian Bussiness.

  88. Stuart,

    I confess, you do have a bit of a point about Abu Dhabi in isolation. It does have alot of oil, and most of the oil in the UAE, but they have since diversified from that a great deal, and it isn’t quite as much as you said it was.

  89. toonsy says:
    June 6, 2010 at 8:49 pm

    So you going to answer the question?

    Worky, You’re showing your insecurities there I’m afraid.

    God forbid you might be wrong…

  90. On past history, I certainly don’t think Ashley should do any more communicating. In fact I think it would be better if he was gagged, injected with laryngitis and placed in a soundproof room on the moon just to make sure he can’t be heard.

    What we could always have done with is a decent Chairman that knows both football and how to comminicate with the fans (I’m still not sure what the point of Llambias is). Until such a person is appointed I prefer the quiet approach.

    Although I appreciate that such an approach doesn’t help when it comes to material for articles Toonsy!

  91. Stuart79 says:
    June 6, 2010 at 8:56 pm

    “So you going to answer the question?

    Worky, You’re showing your insecurities there I’m afraid.”

    What question? What insecurities would those be, then, Stuart?

  92. toonsy says:
    June 6, 2010 at 8:57 pm
    Answer what question, Stuart?

    Why he bought the club?

  93. workyticket says:
    June 6, 2010 at 8:59 pm

    Not your question.

    You jumped straight down my throat about trying to troll you (Whatever that means). I was only making a point that your explaination was mis-leading. From what I know anyway.

  94. Stuart79 says:
    June 6, 2010 at 9:00 pm

    “Why he bought the club?”

    I’m pretty sure that he is asking himself the same question, Stuart, so how could we answer it with certainty?

  95. Stuart – I did @ 98. Perhaps he was having fun at the time? It looked like it on TV anyway. Define ‘fun’ anyway? His idea of fun may not be your idea of fun.

  96. Yes i`m well aware that poor old Dubai was shortchanged in regards to oil deposits, actually at twenty nine percent of its economic income i`m surprised.
    But the area as part of the old Trucial States was an important business and trading center thrughout history,with pearls, fishing, marine transport, their dhows traded as far off as Madagascar and in the spice trade to India, running with the NE and SW monsoons, for hundreds of years.
    Therefore they are no newcomers to trade and finance and are still fairly active in marine transportation around the gulf area, much of which involves undermining certain trade restrictions imposed on Iran.
    Their recent building boom has stalled by the world financial meltdown however and plans for both a vacation business and banking center looks uncertain.
    But given my druthers on visiting any of the areas statelets, it

  97. workyticket says:
    June 6, 2010 at 9:04 pm

    Good answer.

    toonsy says:
    June 6, 2010 at 9:06 pm

    I’m not happy with that explaination to be honest, toonsy.

    It was always going to end in tears when he never spent a penny in anger on players.

  98. toonsy says:
    June 6, 2010 at 9:18 pm
    Stuart – I’m sorry it doesn’t meet to your satisfaction but, oh well…

    Well come on, toonsy! That’s not an answer, it’s a suggestion that his fun isn’t the same as our fun.

  99. It’s not an answer as none of us know to be fair, not even you.

    Perhaps he is still having fun? Perhaps his idea of fun is trying to make money? Or to try and stop us losing money?

  100. UMMMMmmm !what was the original thread ?
    And what induces most to contribute here, think a lot probably owe their boss/business`s hours of misdirected labor.
    Curious any chance of anyone who comes on here, at present doing time?
    How many different countries are people contributing from ?
    how many are ex-pats and how many are Newcastle fans with no actual ties.
    How many are, females, males, in be-tweens ?
    Fascists, Communists, Liberals, Conservatives, ………
    Boring myself here, Amstel time, it`s 86F. and humid, outta here later.

  101. Probably a lot of the club owners are expecting to have some “fun” with their club, it’s only ours who would like to do it in the Bigg Market with the punters ! I think if MA bladdered Silence of the Lambias and got in a “football” man, someone that the fans could relate to, that would be some good PR right there and then. The rest of his turkeys are gone, Wise, Jiminez etc..good riddance Lambias would be the last of a bad bunch !

  102. Hugh de Payen @104

    Totally agree with everything you’ve said there, Hugh, particularly about Degsey.

    Surely, one of Ashley’s other golfing buddies must have better qualifications to run a football club.

  103. Stuart79 says:
    June 6, 2010 at 9:34 pm

    “If this has been his idea of fun then he must be into sadism!”

    If I were Mike Ashley, I would just love torturing Geordies in every sadistic way possible after the way he has been treated by them. I would just love it!

  104. In fairness Worky, he struck the first blow in the battle against the supporters. I have no sympathy for him, although the singing is better than boycotting the games.

    But I’ve said it before, I think our attendances could suffer this year though.

  105. ”Fascists, Communists, Liberals, Conservatives, ………
    Boring myself here, Amstel time, it`s 86F. and humid, outta here later.”

    Big deal, we had 30C (86F) in England last weekend.

    gotta go 100 C carling time. :)

  106. Worky@122, The fans have treat Ashley in a bad way then? He has been abused and rightly so, he has abused the fans loyalty and will never get near to matching their ambition, where else would record numbers of fans plough their cash in where the board havent?
    You would have thought he has learned his lesson after the last two seasons but it doesnt seem that way after the recent chilling statement and severing of communications, he could support it better but he choses not to, its his club and cash and i for one hope the fat bastard goes bust.

  107. interesting article… i agree that MA should fire any PR team he had in place at the beginning of his tenure, but it’s a bit more complex now.
    i’m all the way in Australia so we don’t get as much tabloid press re: Premier league never mind the toon, but it seems he’s been keeping us out of the wrong sections of the paper lately.
    I wholeheartedly agree that the fans want/need news in the off-season; we want confirmation that we’re moving forward, BUT we’re in a different situation this time around.
    previously we could say “we’re going after Owen for 17m”, because noone would really challenge us for his signature… this time around it would make little sense for us to announce that we’d found a gem of a player on a free transfer due to the unnecessary competition it would create.
    yeah it’s frustrating as hell not being able to start talking about starting 11s for next season, but i’d rather us play our cards close to our chest, than have the bollocks splashed across the papers as in the past

  108. No news is good news as far as NUFC and Mike Ashley’s mouth piece is concerned…however the tides are a turning because today I am going to give Mike 15 pounds of my hard earned sterling and purchase a pair of flip flops from his store…hopefully this money will be spent on players…this is a one off purchase and is also a very reluctant one.

    I have noticed recently that even articles that normally have a quote from a source or titbit of info aren’t even bothering to do that and are clearly just making stuff up out of thin air.

    I know we all have different opinions and ideas what will or will not happen this season but I was brushing my teeth earlier and half asleep and was thinking to myself…will this current team be entertaining to watch next season…..when many of the games last season where pretty dull visually and tactically most of the time against sides that resembled sunday pup teams?

    Still feel that with zero investment it will be a real struggle and I think the frustration of many will be unleashed as soon as the results don’t go our way,followed by dwindling gates and players and manager as well as the owner feeling the pressure-which is something they have not had to contend with for a long time.

    Zero investment this window I think could spell disaster as far as survival is concerned.

  109. worky@122 – “If I were Mike Ashley, I would just love torturing Geordies in every sadistic way possible after the way he has been treated by them. I would just love it!”

    Does this imply you would you be free from persecution now you’re a Landaner?

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