Mike Ashley’s transfer spending currently stands at -£45.7 million.

Newcastle United's transfer warchest yesterday.

Newcastle United's transfer warchest yesterday.

On looking at Mike Ashley’s transfer spending in the last four seasons, it appears that in total, the club’s overall spending on transfer fees have been by far the lowest in the Premiership, with the club showing a profit of approximately £45,700,000 in the club’s transfer dealings for the 08/09, 09/10, 10/11 and the current 2011/12 seasons (so far).

Just to qualify the above, this figure does not include a series of diasastrous signings made under the previous regime of Freddy Shepherd, Douglas Hall and Sam Allardyce, some of which, though technically finalised shortly after Ashley gained control of the club, but were made under the previous administration. These include players such as Geremi, Alan Smith and Cacapa. However, if all the signings made in that season were included whether they were made under Ashley or the previous owners, spending would still show a deficit of approximately -£41.05 million from the the 07/08 season to the present day, as the clubs spending in that season amounted to approximately £7.65 million. It should also be mentioned that the club’s overall wage costs have also fallen dramatically since Ashley assumed ownership of the club, though in defence of this seeming lack of expenditure on the club’s playing staff, a Mr A.Pardew had this to say on the club’s transfer dealings:

“I was listening earlier when you was talking about the money being spent and I just want to sort of make something clear. When you sign someone like Demba Ba and someone like Marveaux there’s huge fees involved in that, it isn’t just tranfer fees. This is unfortunately how the Premier League works and alot of money in those deals doesn’t come back through the system. Ideally, in the old days we would sign someone from the Championship and it would go back into the English game but this money’s going out through agents and stuff like that. But we spent a fair amount this Summer on those three players in particular, more perhaps than the fans realise and I need to mark their card on that because if you’re going to start adding up the money and thinking ‘Oh we ain’t spent that £35 million’ you’re going to be way off the figures, you really are. Mike promised to put all that money back in, I know what the figures are, I know what we spent on the training ground and everything will go back into the club. We’re trying to locate one or two development players that cost perhaps more than you think as well. Now, I want to say that because I think Mike and Derek’s backing has been very strong this Summer and I’m very pleased with it so far. The noises we’re making on perhaps the last signing, or perhaps the last two are still very very good and it bodes well.”

Below is a breakdown of the players who have moved in and out of the club, along with the figures.

2008/09 Season

In: Sebastien Bassong (£500,000) Jonas Gutierrez (£7,000,000), Danny Guthrie (£2,500,000), Fabricio Coloccini (£10,300,000), Xisco (£5,700,000), Peter Lovenkrands (£0), Kevin Nolan (£4,000,000), Ryan Taylor (£0). Total: £30,000,000.

Out: Emre (£4,000,000), Abdoulaye Faye (£2,250,000), James Milner (£12,000,000), Shay Given (£8,000,000), Charles N’Zogbia (£6,000,000). Total: £32,250,000.

Total spend: -£2,250,000.

2009/10 Season

In: Danny Simpson (£500,000), Mike Williamson (£1,000,000), Leon Best (£1,000,000), Wayne Routledge (£1,500,000). Total: £4,000,000.

Out: David Edgar (expired), Michael Owen (£0), Sebastien Bassong (£8 million), Obafemi Martins (£9,000,000), Habib Beye (£2,500,000), Damien Duff (£4,000,000), Geremi (undisclosed). Total: £23,500,000.

Total spend: -£19,500,000.

2010/11 Season

In: James Perch (£1,000,000), Dan Gosling (£0), Sol Campbell (£0), Cheick Tiote (£3,500,000), Hatem Ben Arfa (£5,750,000). Total: £10,250,000.

Out: Andy Carroll (£35,000,000). Total: £35,000,000.

Total spend: -£24,750,000

2011/12 Season

In: Mehdi Abeid (£0), Sylvain Marveaux (£0), Demba Ba (£0), Yohan Cabaye (£4,300,000). Total: £4,300,000.

Out: Kevin Nolan (£3,500,000), Patirck McLoughlan (£0), Daniel Leadbitter (£0), Ben Tozer (£0). Total: £3,500,000.

Total spend: £800,000

Grand total: -£45.7 million.

This means that in the last four seasons, the gross (non)spend on players has averaged at aprroximately -£12,175,000 per season, though as Mr Pardew has explained, much of this £12.2 million per season deficit has no doubt been spent on agents fees, signing on fees, undersoil heating and various other sundry expenses which haven’t been deducted from other revenue streams such as gate receipts, merchandising, sponsorship, catering and hospitality and so on…

avatar NUFCBlog Author: workyticket workyticket has written 1034 articles on this blog.

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106 Responses to “Mike Ashley’s transfer spending currently stands at -£45.7 million.”

  1. 1
    avatar RichToon says:

    Thanks for putting this down in black and white! I’ve been wondering what those figures would look like for a while. Really does endorse the school of thought that Mike Ashley is tighter than a nuns c**t!

  2. 2
    avatar observer9 says:

    Good article, why don’t the Evening Chronicle & Journal write and publish articles like this and ask these difficult questions for NUFC to answer?

  3. 3
    avatar TROJAN 69 says:

    i was looking at some of these figures the other day,well it does go to show that he basically spends nothing.

  4. 4
    avatar Ash Ater says:

    Just when is there going to be a full revolt against this fat scum bag?

  5. 5
    avatar boater says:

    Excellent stuff.. fail to see how anyone can argue with this. Ashley is well on the way to achieving the ‘impossible’ task of making personal profit out of a football club. Fine, but let’s not be under any illusions about his true intentions.. jaames/dan gosling (?)

  6. 6
    avatar Pugface says:

    What about the money he has put into the club to clear the debt,season 1 100m,season 2 25.5m,season 3 42m.

  7. 7
    avatar Michael says:

    Your Article forgets to mention that the club is £80million in the RED so, Ashley is doing a very good job on cutting that debt.

  8. 8
    avatar DC says:

    The problem is that we were still paying for players bought during Shepherd’s reign when Ashley bought the club. He still had still had outstanding payments to make for the likes of Luque, so I believe these figures are somewhat skewed. I don’t doubt he’s sold more than he’s bought, but it’s not as big a difference as the article suggests.

  9. 9
    avatar Johnnygg says:

    u left out the signings of Jose, Rozenhol , Beye, Best , Routledge , Barton, provided some where signed under big sam but Ashley took over before transfer window had even opened so all of those player count as Ashley spend… im guessing you didnt do much research on this prior to doing you write up… Also do these player play for free ??? how much you take in to account for wages ??

    Why should we care what is spent ??? the goal is to improve the squad… id rather spend 4.5m on the 4 we got instead of 20m on the over priced Downing who is half the player N’Zogbia is yet cost x2 as much… Downing even cost more than Ashley Young

  10. 10
    avatar AndyMac says:

    It’s something we all knew WT but some seem to think, because of what went before with Fat Fred and his Hollywood signings, that we need to wear this “hair shirt” of penitence for the next three or ten years so we can miraculously break even and not go the way of Leeds :)

    However as I’ve said so many times before (yawn) the main reason why we’re having to keep hold of the purse strings is because Fatman fecked up when he bought the club and then he fecked up again getting us relegated and those losses have been mystifyingly bundled into a huge pot now known as the Fatman loan fund.

    If the stupid fat bastad just wrote this off, rather like his HBos share losses or his gambling debts then we’d all be happy bunnies even with FB in charge :(

  11. 11
    avatar Custom Chrome 11 says:

    This looks very much like this: http://www.stuffbypaulbrown.com/

    published at the end of June…

  12. 12
    avatar workyticket says:

    Johnnygg says:
    July 18, 2011 at 10:27 pm

    “u left out the signings of Jose, Rozenhol , Beye, Best , Routledge , Barton, provided some where signed under big sam but Ashley took over before transfer window had even opened so all of those player count as Ashley spend… im guessing you didnt do much research on this prior to doing you write up… Also do these player play for free ??? how much you take in to account for wages ??”

    I explained all that in the piece JohnnyGG, including how Newcastle United’s wage spend is much lower than it used to be when Ashley assumed control of the club. All of the signings you mentioned were made under Shepherd and Hall, though some were indeed technically completed in the grey period when Ashley was assumiing full control of the club. Perhaps you should read more carefully before you accuse others of not doing much research.

  13. 13
    avatar Economist says:

    Correct. Fat Mike said he would invest 20 million on transfer every year (lie), and then that the AC money would be reinvested (lie).
    The point is: He forgot to do due dilegence when he bough NUFC, and lost a lot of money when we was relegated due to his other mistakes. He keept us in business by a 200 million interest free loan (+ another 20-30 mill). He is now using transfer profit (buying cheap and selling the best players), the Sky money and the season thicket money to pay back the loan so his lost will be lower before he sells us.
    He is not spending anything more than he hopes (he is a gambler remember) is enough to keep us in the PL. He does not care for trophies or European spots. It is a shame since we could have had the City owner if he had not bough us, and we cannot win anything before he sells us. Lets pray this happens sooner rather than later, by making his ownership as misarbel as possible for him. NUFC deserves better and should be a top team in the UK

  14. 14
    avatar Andrew says:

    You fail to mention he’s paid off £135million of debt and unlike the Shepherds and Halls hasn’t paid himself a bean.

    May not be a winning team on the field but if the business dies off it it’s all academic.

  15. 15
    avatar Fake Cheik says:

    Don’t particularly want to stand up for Ashley but where are Best and Routledge in your figures? Without them your argument is already flawed and biased, no matter how little.

    Secondly, £35m of that is from the Carroll sale. Whether or not you believe it will be spent you have to give them until the end of the transfer window to make that judgement. Llambias may be using it as an excuse but if anyone thinks the signings of Ba and Marveuax were anything near “free” then you are kidding yourselves. Also, if the Carroll cash has helped us to tie down Tiote and possibly Enrique to deals that wouldn’t have occurred without it, then I’m all for that.

    Thirdly, it doesn’t include the impact of relegation. What club that has gone down hasn’t made a big profit on transfers the following season? Do people really expect us to spend the cash from Beye, Duff, Martins, Bassong etc on players in the Championship? That money went on paying the huge wage bill – a decision that undoubtedly led to the club returning to the top flight at the 1st time of asking.

    I agree with others, if we can sign the likes of Tiote for £3.5m, I don’t care if “the Carroll money” is spent, as long as the squad is catered for. At the moment we need more additions, particularly up front. I’m prepared to wait and see at the end of August what the outcome of that is.

  16. 16
    avatar Ronnie Ameobi says:

    Mike Ashley is “aving a larf” at the geordie publics expense.
    If you cant see that, then thats your look out.

  17. 17
    avatar Toondom says:

    No offence but this is just fodder for the Ashley haters (I’ve been one for a time but I’m in a better place now…).

    Its obvious that we’ve outwardly gained more on sales than we’ve spent but the article glaringly misses that we spent a season in the Championship and therefore lost over £30million in a single season despite wage cuts and player sales.

  18. 18
    avatar Fake Cheik says:

    “Perhaps you should read more carefully before you accuse others of not doing much research.”

    Ditto. He mentioned Best & Routledge who were signed in 2009/10 yet are not listed in your report.

    P.S. It’s DAN Gosling, not James.

  19. 19
    avatar Johnnygg says:

    i read you piece carefully im saying you are incorrect !! Ashley took full control of the club June of that year … the 1st signing Rozenhol was made in July this is the only one you could possible discount… Although Ashley still would have had to sign off on the final stages of his deal as the owner! its not a grey area of who signed these players it was Ashley so you may add 20m from that transfer window and the 6.5m for best an routhledge.. players also have a signing on fee so over 4 year and about 20 players in through the door add another lets jus say 5m ill be generous … then of course agent fees which are not cheap either so for those 20 player/agents ill be generous again lets say 5m …. your figure is looking way off point

  20. 20
    avatar workyticket says:

    Andrew says:
    July 18, 2011 at 10:38 pm (Edit)

    “You fail to mention he’s paid off £135million of debt and unlike the Shepherds and Halls hasn’t paid himself a bean.”

    Which the club is paying back according to the accounts Andrew, despite Mike Ashley issuing a club statement saying:

    “In relation to recent media speculation following the statement made by the Club on May 9, Newcastle United would like to make it clear that owner Mike Ashley is not looking for his interest free loan to be repaid, or to take any money out of the Club.”

  21. 21
    avatar workyticket says:

    I’m sorry but I omitted Wayne Routledge and Leon Best from the transfers mentioned above.

    Now corrected and adjusted.

  22. 22
    avatar AndyMac says:

    “Llambias may be using it as an excuse but if anyone thinks the signings of Ba and Marveuax were anything near “free” then you are kidding yourselves”

    You and so many like you Fat Cheik clearly do not get the point !

    When has there ever been a debate before about how much a free transfer costs ? Answer – Never !!!!

    Free transfers have come and gone or even undisclosed transfer fees have come and gone before the Fatman and Lacklustre decided to try spinning more shlte to the masses.

    We all know about agents fees cos we’ve seen how much Fat fred spent in years gone by on them. Its all part of the modern football business world.

    The difference here is that Fatman via his wideboy mouthpiece tried to give the impression that the Carroll money would be first reinvested in the team, then the club and in an effort to justify the lack of spending we now have another excuse namely agents fee and signing on expenses. So those never ever happened before this season then ?

    The problem with some of you is that you accept what you read, what you’re fed by the company propaganda because you dont want to believe that some fat twat is robbing us all blind !!!!

  23. 23
    avatar Johnnygg says:

    what about the youth players Ashley bought ?? Tozer, Vukic, Zamberella ?? i no its a small total but it adds up to another 1m !! not including signing on fees and agent fees, im sure there are more youngster purchased under the radar.. i also see you left out the sale of Luque

  24. 24
    avatar Harry says:

    I thought that Ashley had taken the loan out in his name to pay off the debts of the club leaving us with no debt?

  25. 25
    avatar Jimbob says:

    I hate maths.

  26. 26
    avatar JP...from The Rock says:

    If we don’t sign a quality Striker then I’ll be worried. If you look at the players coming in and the quality they have over the players going out I am not displeased tbh. The club is going to be run on a healthy profit soon and then that’s when I suspect for us to really spend on players, but with wise caution obviously. I wouldn’t be angry at Fat Ash if he only manages a LOAN deal with option to buy for Danny Sturridge this summer. We’ve already bought better quality than I expected to arrive in this transfer window. It’s not about the amount of money we spend but the amount of quality players we bring in. Before any of you say it I am NOT an Ashley fan, but I can’t argue that he is running us sensibly, sometimes a bit too sensibly.

  27. 27
    avatar Johnnygg says:

    When has there ever been a debate before about how much a free transfer costs ? Answer – Never !!!!

    this is the debate !! if we have 35m and those free transfers cost 5 m we have 30m left which means !!!! the penny drops we SPENT 5m… thats just an example cause i dunno the signing fee… not to mention it costs to loan a player also … so where are the cost loan signings of Gonzalez, Pat Van Alt, HBA, Fitz Hall..

    Everything Adds up there is no way to total it up with out seeing the club accounts which none of us have seen !

  28. 28
    avatar workyticket says:

    Harry says:
    July 18, 2011 at 11:03 pm

    “I thought that Ashley had taken the loan out in his name to pay off the debts of the club leaving us with no debt?”

    Ashley is taking back the loan according to the club’s accounts Harry, so the club is in debt to him.

  29. 29
    avatar AndyMac says:

    Harry says:

    “I thought that Ashley had taken the loan out in his name to pay off the debts of the club leaving us with no debt?”

    In an ideal world Harry, in an ideal world :(

    Fatman paid money into the club when he found that there was a £75m black hole which SJH failed to mention. Mainly mortgages on the stadium which had to be repaid upon the change of ownership. He then added more of his, or his companies money into the club when we got relegated as we lost approximately £40m dropping down into the Championship.

    Latest estimate was the “debt” stands at £132m but some £12m has apparently been paid off from NUFC trading profits and another £16m is scheduled to be repaid sometime soon.

    Coming from where do you suppose ?

  30. 30
    avatar Shaun nufc mad says:

    Look am sick to death of people slagin off our team if you dont like it then go and support the red and white. What if we sign struridge and 1 more what will you say then. until your a fat bastard with loads of money then you cant do shit just support our team like every1 else must b the fake darlo away fans on here.

  31. 31
    avatar workyticket says:

    Johnnygg says:
    July 18, 2011 at 11:09 pm

    “Everything Adds up there is no way to total it up with out seeing the club accounts”

    I get the club’s accounts every year from Companies House Johnny. They are available for a very small sum as it is a legal requirement for them to be available to the public.

  32. 32
    avatar AndyMac says:

    Johnnygg says:

    “so where are the cost loan signings of Gonzalez, Pat Van Alt, HBA, Fitz Hall..”

    We dont know because it was never an issue before was it ? Otherwise I’m pretty sure I would have read some banner headlines in the Chronicle saying “Van Arnholt has signed on a £1m/£2m/£10m loan fee”

    It was never an issue before ! Its only now and issue because the Fatman is trying to justify the lack of spending.

    I dont know how much clearer I can make that to be honest johhnygg. Maybe one day the penny will drop ?

  33. 33
    avatar AndyMac says:

    Shaun nufc mad says:

    “Look am sick to death of people slagin off our team if you dont like it then go and support the red and white”

    Here we go again. If you cant reason and discuss the issues sensibly why not change your user name every week and spout shlte :(

  34. 34
    avatar Harry says:

    Ah I see now, cheers lads :)
    Personally I think it’s too early to judge Ashley on this transfer window as we’ve still got around 6 weeks left to do business. We could either sign another 1 or 2 players or lose a few right at the death with the typical “we didn’t have enough time to get a replacement” excuse. Preferrably the former will happen and they’ll be quality players who don’t cost the earth.

  35. 35
    avatar AndyMac says:

    “We could either sign another 1 or 2 players or lose a few right at the death with the typical “we didn’t have enough time to get a replacement” excuse”

    Which, strangely enough is where we came in with this discussion ! It was only after the dust had settled and AC was gone and we were £35m better off that the bullshit started !!!

    “We tried to buy blah blah blah but rest assured the money from this will go blah blah blah blah”

    They lied about trying to buy players at the last minute, they lied about spending all of the £35m on players. Get used to it but please dont try to tell me that shit is silver :(

  36. 36
    avatar Allen79 says:

    Forgotten to put Sebastien Bassong has admitted in Season 2008/2009 and cost us 500,000 pound for Seb from Lens.

  37. 37
    avatar JDC says:

    If Ashley had not been careful with the money we could have gone the road of Leeds and Portsmouth. Bobby R apart the management (till CH & AP) has been dismal since KK first time round.The team did very well last season to be promoted and consolidate. A decent squad is taking shape.

    Do remember one important thing.Players have to want to come to the club. At least three approached already have said no. The biggest young stars want to play European football. MA and AP will not be to blame if a top class striker is not signed this summer. No amount of crude abuse of them will change that and it is just horrible to read.

  38. 38
    avatar Matthew Tom says:

    By Mike Ashley’s standards we should regard Carroll’s transfer as more than a £35m profit. We not only saved his wages over the remaining 4 years of his contract, not sure how much but say £40K a week? That’s another £8.3 million. We also avoided copping his new wage demands to match Liverpool’s offer, which would have been another £35K a week? Another £7.2 million, making wage savings £15.5m. So is the full £50.5m being reinvested in the club, i.e. all costs including wages?

  39. 39
    avatar Fake Cheik says:

    “When has there ever been a debate before about how much a free transfer costs ? Answer – Never !!!!”

    Probably because when in the past, since Patrick Kluivert, when have we signed an ‘expensive’ Bosman? Mark Viduka apart, we haven’t. That’s why the debate didn’t exist until now.

    By the sounds of it you expect a budget to be fees only. Well, for starters if Carroll was on £50k a week, if we sign 5 players each on £50k, thats an extra £200k a week just on wages on top of what the club was spending on Carroll, or £10m a year. You’re living in Portsmouth/Leeds/Football Manager fantasy land if you don’t think agents fees/signing on fees and wages should at least enter the debate.

  40. 40
    avatar Fake Cheik says:

    * And Geremi

  41. 41
    avatar Michael12 says:

    Good Business I have to say. Nothing wrong with Newcastle making profit on transfers.

  42. 42
    avatar paul says:

    Cabaye and Marveux or Downing and Henderson?

  43. 43
    avatar Toonross says:

    Im not buying all of this wage-bill bullshit, getting rid of players like, viduka, owen, given, milner is more than enough to cover the likes of Best, routledge, gosling’s wages. And i doubt very much that even after 3 “free” signings/agent fees etc we’ve spent anywhere near £10m never mind £35. I just dont believe anything other than MA is untrustworthy and has no ambition. And all the articles in the world won’t change my mind, im all for running sensibly yes, but running it like a 2nd rate charity shop is a different story.

  44. 44
    avatar L.Nattrass says:

    Paul- as they say “the proof is in the pudding” and considering they are both yet to play a competetive premier league game, i would say the cabaye/marveaux pudding is still very much in the oven.

  45. 45
    avatar 4411 says:

    It was 30 million with another 5 dependant on appearances etc, get it right

  46. 46
    avatar bigbadbob says:

    The article is spot on, i keep reading from fans that Ashley has paid this off and given the club x amount, its all bollocks, because its all his anyway and he is just moving amounts here and there in order to shape the business for what ever unexplained purpose he has for the club.
    Please dont confuse Ashley and Llambias with people who actually give a feck.

  47. 47
    avatar Angryman the sick of yank blog fan says:

    Oh my god! Quick, nip it in the bud now, the jabba humpers are emigrate from America to here!

    Johnnygg,
    Your whining on about players worky may have missed out on his synopsis, “1m here 1m there” what about the expensive quilted shit roll to wipe their arse with”

    So let’s swing it round! What about the wages?? Yeah what about the wages? Inclusive of the amount of money saved on the outgoing player? Where has all that gone? Along with the transfer fees? Stumble your way though the next answer! Go on….

  48. 48
    avatar MrMojoRisin76 says:

    I think the key thing to remember here is Ashley didn’t perform due dillegence on the club before he bought it,he said if he would he would not have bought the club,the reason Ashley has pumped money into this club is because he got burnt when he bought it and he’s had to pump money into the club to get it in reasonable financial sitting so he can sell us on,that’s why we are being run on a shoe string because he needs to spend the least amount of money possible so he doesn’t take a massive loss when he sells us.There’s only 2 reasons why a billionaire businessman would buy a football club,their own personal play thing(Abramovich)or to make money which puzzles me because football clubs are notorious for not making money.He’s been well burnt and i bet he can’t wait for the day he sell’s this club,at last us Newcastle fans have got something in common with him.

  49. 49
    avatar DC says:

    Toonross, the wage bill was way too high when Viduka, Owen etc were here and it needed to be reduced quite dramatically. I believe the club are being cautious and sensible by refusing to allow that to happen again by only signing players when we have gotten rid of the player they are to replace.I’m no Ashley apologist but it’s a common sense business approach, and I’d rather do that than have a crippling wage bill driving us under.

  50. 50
    avatar Toonross says:

    DC – i agree mate, And have been longing for the club to be run sensibly for a long time, the wage bill was out of control, but i think it has been reduced dramatically over the last 2 years with players coming in on a fraction of the wages of Viduka, Owen, Martins etc, i just feel like the club is spending below our means, a bit too tightly, i think a bit stronger investment will pay-off with higher league places, im not saying waste millions, and im all for a bargain here snd there, but you still need a nucleus of proven quality players, like when we had Given, Speed, Shearer etc. For example a signing like sturridge for £15m say, you have a quality player for years to come, and if we sell, we will make a profit. Just won’t happen under MA and we will have to settle for just surviving relegation, running on the cheap.

  51. 51
    avatar DC says:

    I think we’ll know better once we get a couple of our squad players out the door. If say Routledge and Xisco go, we’ll see who we go for as their replacement, and that will tell us a lot more I feel.

  52. 52
    avatar p-man says:

    I’m a newcastle fan, but collectively we are stupid as smeg! to think that the clubs only expenses are on player fees is very naive. as people who are on the outside, and have little access to the books, it is folly to try and predict income and loss. brain-meltingly idiotic.

    think back 3, 4 or 5 seasons and it was depressing to be a NUFC fan. we have watched our club, gradually fall from champions league football to relegation. now, we are going in the right direction, establishing a sound financial base, and taking small steps forwards. Mike Ashley has overseen the only step forward we have made in the last 10 seasons or so (by the way that’s our promotion season before last). But that’s never going to be good enough for ‘fans’ who have a personal grudge against the owner. grow the f*ck up. football’s not what it used to be and we have to move with it. Our owner has nowhere near the financial power of the other clubs, and so our club has to be self-sufficient. SELF-SUFFICIENT. it has to pay it’s own way.

    did you take into the salaries of the support staff, all the running costs of the club? you didn;t even take account of the fricking player’s salaries! oh dear. this is a bit of a pointless exercise, but oh well.

    look. if our club is supporting itself, not relying on an owner to keep it afloat… don’t you guys think it would be a much more attractive prospect to a potential new owner? take a minute, or maybe a couple of hours to think that over…..dumb-asses.

  53. 53
    avatar Angryman says:

    Fek off P-Man
    You talk as much sh!te as Your sugar daddy!

  54. 54
    avatar SG says:

    end of the day newcastle will be a mid to bottom of the table side for as long as the current regime are in charge
    the only way newcastle can attract better players is to pay top wages and if we dont do that now then we will be a bottom half team for many years to come

  55. 55
    avatar chrism says:

    I until recently was very Anti -Ashley but I kind of like some of the moves the club has been making recently, although that is not what has changed my mind. My opinion was changed a couple of weeks ago when I went for a drink with a friend who is a lawyer who does a lot of football related business. What he said was this- If the fans tried by whatever means to force Ashley out it could create a situation where the club,however financially sound becomes unsellable due to the club being perceived as too much of a hot potato, due to fan unrest. So what could Ashley then do?
    He could because he is sole owner and sole creditor of the club, just reclaim his assets and walk away by LEGALLY seeking a winding up order by declaring the business no longer viable. Leaving us with no Ashley but also no club. Interestingly there are precedents for this type of action in the lower divisions, more significant is that it is a course of action Ashley has taken in business previously when a company he bought became too hot to hold.
    My friends words have given me food for thought and made me realise you need to be very careful what you wish for.
    In future I will be staying out of club politics and will just watch the football.

  56. 56
    avatar p-man says:

    @ Angryman. thanks for proving my point.

    @ SG: i do agree. but since we currently don;t have those finances, does it not make sense to make NUFC as attractive as possible to prospective buyers? this conservative spending might be Ashley’s way to get out: the new owners will not have any outstanding debt towards Ashley.

    if he can do that while maintaining our top-flight status, then I could live with that.

  57. 57
    avatar Angryman says:

    P-Man
    You have no point.
    Frankly you are pointless.
    Go and throw yourself off fat mikes choppa!

    DDDDUMB ASSSSSSS

  58. 58
    avatar p-man says:

    @ angryman: maybe you didn;t see my point because of all the long words I used. sorry.

    let me reiterate. any nufc fan who thinks one can calculate NUFC’s profits and losses from numbers bandied about the media are completely and totally living in a world of their own, and must be really thick, too. take offence if you count yourself in this distinguished group.

    and another thing. supporters really have to look at themselves and ask what good they are doing our beloved NUFC, when they come out with stuff against the owner, and against other NUFC fans.

  59. 59
    avatar Toonross says:

    Bullsh!t, so say the Andy Carroll transfer didnt happen, we would still be paying wages, staff, running costs out of our annual turnover, which is still in the top 30 in Europe (last time i checked), coupled with the massive cuts in spending over the last 2 years, all the transfer fees (milner, given, carroll etc), wages saved, shirt sales, you cant tell me that we’re short of a few quid! I wont believe you! Im not saying we’re loaded, i am saying we are underspending. Ive said earlier i dont want ludicrous signings, ridiculous wages etc, just a little bit more intent and ambition shown by the board. Not settling for mediocrity.

  60. 60
    avatar p-man says:

    @59,

    since THAT transfer, by my approximation, we have 3-4 new salaries to pay, and just one less, from the first team squad. that is an increase.

    the 35 million, COULD pay for a few big transfer fees (alone), but also could pay the fees AND salaries of many cheaper players for a number of years.

    i understand the need for ambition. i totally do. ONE of the things any fan wants to see is success or progress of some sort. but look at the past spending of teams who have got into Europe. 35 million is nothing in comparison.

  61. 61
    avatar chrism says:

    Why are people not happy that we have brought in quality players? -seemingly because we havent paid full market value (£18,000,000 +) for them calling them bargain basement and rejects. Its a shame we dont seem to acknowledge that these guys are quality players. We would have cause to complain if we had a team of time expired journeymen but we dont they are iknternational quality players who Carr has found us for peenuts we should be grateful. I am certain that more players will be in before the end of the window. Lets see where we stand by September.

  62. 62
    avatar JDC says:

    I agree with the sensible group not the angry one! When I think badly of MA my mind goes quickly back to the grim years of McKeag and Westwood and the years in Divison Two. There was mediocre, the toy of small minded local businesss types with only the blip of the Fairs Cup, 1969 to show. After the terrific nineties and the Indian summer of Bobby R (who arrived too late)MA inherited a roptten hulk over over priced prima donnas. Releagation was a blessing as the great recovery showed. The serious injuries to Ben Artha, Dan Gosling and for shorter times, Steven Taylor plus AC’s 11th hour decamp to Liverpool (He did NOT have to go)probably cost us four places in the PL. Eighth would have been terrific for a first season back. MA is not a guy I would want to drink with being not too keen on flash night club inhabitants who sell trainers but he is the man for a business crisis trying to put the club back on a sound footing even if he is preparing for a sale. On that count be carewful what you wish for. Would you be happy with a sheik or a far eastern capitalist mired in corruption; a disaster just waiting to happen? The two consistently successful outfits since the PL started, MU and Arsenal built from the bottom up with a great crop of very young players. Now there’s a model to emulate. From where I stand that’s what MA/AP are trying to do. Of course I could be in for a big let down but its the only act on the road. I rather be at SJP on 20th August than Elland Road or Fratton Park.

    To those expressing such rage and incoherant abuse. (isn’t it easy in an email) I say get a life. Enjoy the football as I have done for 60 years, serially elated and disappointed but fortunately never angry. It’s only a game! Roll on Augus.

  63. 63
    avatar Glenn United says:

    we need rid of Ashley FULLSTOP!!! He has all that profit, plus sale of tickets, merchandise, savings on wages of players like Owen (shiite), Martins, Beye, Geremi, etc etc…he is clawing his money back one million pound at a time (12 million a season).
    Wake up people, we just need him gone, yes agree he hasn’t overspent us into debt, but that is because he is taking his money back, and you non-believers of that need to see the light!!!! He wants nothing more from this club than his money back at a profit preferably….so he is currently doing that…he says he is a supporter of this club …BULL fecking Shiite!!!! If he was he would do enough to get us as high up the premier league table as possible! Not by going overboard of massive overpriced players, but by not selling or stars to recoupe his losses!!! He stuffed up by not taken the time to look through the clubs books properly, but getting us relegated, and but risking relegated again last season for the last 10 matches (yes we were in the mix for relegation) I just say WAKE UP to his fat bastards ways…we need a saviour to help us take our club back ! PLEASE SOMEONE OUT THERE WITH SOME CASH BUY US OR SAFETY FROM THIS FAT COCKNEY LEACH!!!!!

  64. 64
    avatar Toonross says:

    @Glenn United
    Exactly my point! This club is big enough to be challenging for top 10, i dont expect anything more than that as the top teams are in a different world, it dont think it would take millions to push into that 10th/7th bracket. That is all im asking. We could do better in managers too but that is another MA trick, get the cheapest man in, 18 months later another etc etc, therefore what im saying is spend money to make money, by all means searchfor bargains, but if a quality player became available who adds strength to our team and our chances of a higher finish in the league, we should go for them and the rewards would be more income from higher league finishes, consistently staying in the premier league, building the clubs reputation etc etc. Its not rocket science! I just dont believe MA is here to do that.

  65. 65
    avatar Brettoon says:

    I agree with p-man and chrism.

    I get down that we aren’t spending but for crying out loud – we have brought in quality and there is still time to go. We have been much more active than other clubs and we should be applauding that.

    the people who moan about Ashley are the same people who would have run onto the pitch at Darlington.

    Lets try and enjoy football and our team..

    The more we act like this, the quieter St James becomes and the less attractive Newcastle United is.

    SUPPORT THE TEAM AND THE PLAYERS…

    Arsenal never spent that much and look at them. We don’t want to be pissing money away like Liverpool!

  66. 66
    avatar Officemonkey says:

    @60 Are you forgetting the wages we’re saving from Carroll, Nolan, Campbell and Kuqi. Soon to be Best, Smith, Enrique and Ranger!

    You live in a dream world. So what you’re saying is, we wouldn’t have a transfer kitty if we hadn’t sold Carroll, even though we’re one of the most profitable clubs in Europe.

    Oh and I can bet your bottom dollar that you don’t get paid from work in 1 lump sum for 5years work! Especially as it’s almost a dead cert that Tiote WILL NOT be here for another 5years! It’s all smoke and mirrors… and you’re falling for it everytime, evidently.

  67. 67
    avatar CLiNT FLiCK says:

    Ashley always ‘forgets’ to do due diligence when buying companies etc. if you look into his buys generally, so i doubt he forgot or overlooked, he just struck while he could, like a rotund cobra & got the deal done.
    So, let’s stop pretending that bit was idiocy or business naivety, it wasn’t.

    We’ve also spent 7th most in the prem since 2003 & recouped 5th most.

    It all depends how you wanna look at it, we’re right next to arsenal at the bottom/top of the league in the minus column.

  68. 68
    avatar CLiNT FLiCK says:

    It’s a misconception to think people are being fleeced, asleep, need to wake up or are falling for the lies.
    It’s more that some people care less about such conspiracies, while others patently care more about such matters.

    Both are subjective.

  69. 69
    avatar ripon toon says:

    Why do most of us bother to read these posts all it is is people whinging about mike ashley. So we havent spent any of the 35million from Carrol sale .So what its the middle of friggin July we still have at least 6 weeks to go. Im gonna get slated for this but i actually like what he is doing with the club building up his 5 year plan so what if players move some players want to move but ashley is made the scapegoat it happens in every club and will always happen least we will be ok when the new rules for transfers come in

  70. 70
    avatar Officemonkey says:

    @69… Do you not think it may be wise to have a full squad of players by the time the first game kicks off.

    A: So they know each other
    B: We’re not scraping the bargain basement again, before being told we didn’t have enough time on Aug 31st again.

    Wake up man

  71. 71
    avatar workyticket says:

    chrism says:
    July 19, 2011 at 12:20 pm

    “Its a shame we dont seem to acknowledge that these guys are quality players. We would have cause to complain if we had a team of time expired journeymen but we dont they are iknternational quality players who Carr has found us for peenuts we should be grateful.”

    Who’s saying they aren’t chrism? On the subject of “gratitude” perhaps Ashley should have been a little more grateful to Chris Hughton for bringing Carr to the club instead of sacking him to bring in a mediocrity like Pardew?

  72. 72
    avatar workyticket says:

    p-man says:
    July 19, 2011 at 9:51 am

    “I’m a newcastle fan, but collectively we are stupid as smeg! to think that the clubs only expenses are on player fees is very naive. as people who are on the outside, and have little access to the books, it is folly to try and predict income and loss. brain-meltingly idiotic.”

    p-man, it is very easy to obtain the annual accounts of the club from Companies House.

  73. 73
    avatar workyticket says:

    Allen79 says:
    July 18, 2011 at 11:52 pm

    “Forgotten to put Sebastien Bassong has admitted in Season 2008/2009 and cost us 500,000 pound for Seb from Lens.”

    Aye, I’m sorry about that Allen, I had to finish the piece in a hurry on someone else’s PC as my own is up the spout at the moment. I missed out Best, Routledge and Bassong but by the time I realised it was too late.

    The players and the figures are all corrected now.

  74. 74
    avatar AndyMac says:

    “Why do most of us bother to read these posts all it is is people whinging about mike ashley. So we havent spent any of the 35million from Carrol sale .So what its the middle of friggin July”

    When you lot (the Pro Fatman Brigade) realise its not about the amount of money spent, saved, stored for a rainy day, shoved under Grandma’s bed or not spent at all ! It’s nothing to do with that at all !

    WHAT WE (and I’m assuming the Royal WE here) DO OBJECT TO IS THE AMOUNT OF TIMES THE CURRENT BOARD TROT OUT BULLSHlT LIES AFTER BULLSHlT LIES.

    Its the “Mushroom Management”,”St James Spin” or “Fatman’s Fallacies” whatever you want to call it, that leads most level headed supporters to question the motives of these people.

    I’ll give you two entirely different situations.

    One where a Board comes together with the fans and tells them the facts and truths, which arent well received by the fans but nevertheless completely understood !

    or

    A Board hopes to win out by lies and subterfuge, yet by completely underestimating the level of interest and passion shown by the fans, continues to dig itself deeper when one untruth compounds another and another and another etc.

    Classic and most recent example is Pardwho telling us all that the squead is too big and players on the periphery of the first team squad will be told to look elsewhere yet less than seven days later the same bloke says “I wouldn’t say we’re on a knife-edge with injuries, but our squad isn’t particularly big.”

    You bullshlt intelligent people and they’ll see right though it ! So try the alternative and tell us that you want your money out of the club then you’ll sell up. Then just watch the queues in the shops, ticket office and bars :)

    Its the bullshlt Fatman get rid of it and then feck off !

  75. 75
    avatar shaun says:

    Is it not time we all got together and made us united again. Whether or not you like Ashley he owns us, he is trying to do what he thinks best. This is a man who came from nothing to show great business accumen Sports Direct did not become what it is in a couple of years lets give him time unless any of you who are complaining can do any better. Please shut up and let him get on with it. This is a man who really wants the club to win even if you believe it is for profit.

  76. 76
    avatar workyticket says:

    shaun says:
    July 19, 2011 at 7:53 pm

    “This is a man who came from nothing to show great business accumen”

    You could also say that Hitler came from nothing too, it doesn’t necessarily mean it’s a good or a bad thing shaun, it depends how they did it. Personally, I would rather admire people who made it without exploiting sweatshop labour, or attempting to deceive customers by putting 50% off tags on their products before they have even left the factory. Though I do agree with you about being united behind the club.

  77. 77
    avatar dcro1 says:

    We’ve had god knows how many new kit launches in the last few years. (6 x Puma, 4 x Adidas???) plus didnt we renew with Northern Rock??

    Add in Season Ticket Sales, match day revenue, TV money and reductions in salary costs with a smaller squad/cheaper pay bill and surely we have enough to cover running costs and more.

    Every single penny of the £35 million + Nolan money should be available for Transfer fees – Not wages or Agent fees or Training Ground upgrades!

    Must be uncomfortable trying to sit down when your pants are on fire!

  78. 78
    avatar AndyMac says:

    shaun says: at 7:53 pm

    “Whether or not you like Ashley he owns us, he is trying to do what he thinks best”
    So you know that for a fact Shaun ?

    “Please shut up and let him get on with it”
    On the contrary Sean why dont you go and do one you sanctimonious prlck !

    You had 40 minutes to counter my “no more bullshlt” post and the best you can come up with is no better than dicks “If you dont like it support the mackems” tosh. FFS if you’re gonna try manipulating the common fan by getting them to accept and believe the corporate bullshlt try a little bit harder next time :)

  79. 79
    avatar shaun says:

    andy,

    no corporate view here had a season ticket since i was 18 now 42 and been regular since 7 can you honestly say we are worse off now than under shepherd and u didnt call him, bet you thought he was great signing OWEN and now what do you think.

  80. 80
  81. 81
    avatar Da nuts says:

    U all bitch about fat Ashley….. Is ur life ran on a credit card u tramps….. He used his own money I know I’d want it back ASAP small minded get a grip we will nit be top in 1 season ffs

  82. 82
    avatar shaun says:

    well said Da nuts but watch the language

  83. 83
    avatar Da nuts says:

    Sorry but done people just can’t comprehend finance 35 mil for carrol is a great deal it made the squad better it’s all about building blocks walk before u run

  84. 84
    avatar Da nuts says:

    Sorry but some people just can’t comprehend finance 35 mil for carrol is a great deal it made the squad better it’s all about building blocks walk before u run

  85. 85
    avatar Si says:

    There were a few loan signings too – eg onesize (Fitz Hall) – which didn’t come for free.

    But yeah, you do wonder what happened to putting £10m into the club every season.

  86. 86
    avatar workyticket says:

    Si says:
    July 19, 2011 at 9:00 pm

    “But yeah, you do wonder what happened to putting £10m into the club every season.”

    It was £20 million Si.

  87. 87
    avatar Jimbob says:

    workyticket says:
    July 19, 2011 at 8:14 pm

    “You could also say that Hitler came from nothing too, it doesn’t necessarily mean it’s a good or a bad thing.”

    :-)

    That is all.

  88. 88
    avatar workyticket says:

    Si says:
    July 19, 2011 at 9:00 pm

    “There were a few loan signings too – eg onesize (Fitz Hall) – which didn’t come for free.”

    They don’t come free for other Premiership sides of a similar size Si, however they still invest much more in players than we do.

  89. 89
    avatar Si says:

    I still blame Allardyce for the garbage he lumbered us with on massive wages.

    Smithy and Geremi must have cost us well over £50m for bugger all return – and we’re still paying for Smith.

  90. 90
    avatar AndyMac says:

    Da nuts says:
    July 19, 2011 at 8:49 pm

    U all bitch about fat Ashley….. Is ur life ran on a credit card u tramps….. He used his own money I know I’d want it back ASAP small minded get a grip we will nit be top in 1 season ffs
    #
    82
    Avatar shaun says:
    July 19, 2011 at 8:52 pm

    well said Da nuts but watch the language
    #
    83
    Avatar Da nuts says:
    July 19, 2011 at 8:56 pm

    Sorry but done people just can’t comprehend finance 35 mil for carrol is a great deal it made the squad better it’s all about building blocks walk before u run
    #
    84
    Avatar Da nuts says:
    July 19, 2011 at 8:57 pm

    Sorry but some people just can’t comprehend finance 35 mil for carrol is a great deal it made the squad better it’s all about building blocks walk before u run

    How easy is it to get two fake email addresses and sign on to a “Fans” site and tell the world that Fatman is the best thing since sliced bread ?

    Answer – Very. As I’ve done it twice to prove a point !

    The bottom line is Fatman and his cronies can try to persuade the average fan into believing the world is now flat and that his policy of amortising new players wages over the entire length of their contract is the norm but bullshlit (despite what they say) does not baffle brains.

    Those who know – can see this for what it is :(

  91. 91
    avatar Roy Cropper says:

    aye worky your reet – he promised 20 mil per season with no strings attached!

    if i’m not mistaken i think that’s porky number 22 in his ever increasing catalogue of lies.

  92. 92
    avatar shaun says:

    anyone remember what shepherds interest rate was for a season ticket on monthly payment 19.9 to 23.3% what is this years deal 0%. Cheapest seat at anfield in kop end behind goal is £675 not sure how many would be in gallowgate end at that price. the 23.3% pays for a part of owens wages. what would you prefer

  93. 93
    avatar workyticket says:

    Roy Cropper says:
    July 19, 2011 at 10:02 pm

    “if i’m not mistaken i think that’s porky number 22 in his ever increasing catalogue of lies.”

    I’ve never really understood this one Roy:

    “In relation to recent media speculation following the statement made by the Club on May 9, Newcastle United would like to make it clear that owner Mike Ashley is not looking for his interest free loan to be repaid, or to take any money out of the Club.”

    Then surely it isn’t a loan, it’s a gift? And it’s also in the club accounts that he is indeed taking the loan back in instalments. Now he may have meant just the loan instalment from the year we were relegated, but he definitely seems to like misleading people sometimes.

  94. 94
    avatar AndyMac says:

    shaun says:

    “anyone remember what shepherds interest rate was for a season ticket on monthly payment 19.9 to 23.3% what is this years deal 0%. Cheapest seat at anfield in kop end behind goal is £675 not sure how many would be in gallowgate end at that price. the 23.3% pays for a part of owens wages. what would you prefer”

    Tut tut, way too much information for a simple “season ticket (holder) since i was 18 now 42 and been regular since 7″

    This is corporate bullshlt and we all know it so stop the propaganda crap on this site and move on !

    PS Dont try “Vital Talk of the Tyne” you’ll get your balls minced up into very small pieces !

  95. 95
    avatar shaun says:

    andy

    not sure where your going your not answering points just shouting useless crap. no you want to pay 23.3% or 0% want to pay owens wages or less want players to dictate wages or the club

  96. 96
    avatar AndyMac says:

    shaun says:

    “not sure where your going your not answering points just shouting useless crap. no you want to pay 23.3% or 0% want to pay owens wages or less want players to dictate wages or the club”

    WT I’m guessing here I know but maybe Fatman feels this is a site that can still be “turned” ?

    I’ve seen Toonsy suck up to the dark side and Ed kinda sits in the middle ! I know you want new members but maybe you need to “screen” the one offs just so there’s fair play ?

    PS Sean Give it up FFS ! How many “died in the wool” Geordies would know the cost of the cheapest seat at the Anfield Road end ?

    Fatashleyamateurism !

  97. 97
    avatar shaun says:

    still no answer andy

  98. 98
    avatar AndyMac says:

    shaun says:

    “andy

    not sure where your going your not answering points just shouting useless crap. no you want to pay 23.3% or 0% want to pay owens wages or less want players to dictate wages or the club”

    WT Would be interesting to check this email address out and see where it comes from as I’d be happy to contribute a piece about Fatman infiltrating the web sites in an effort to show that “tight is right” :)

  99. 99
    avatar shaun says:

    again still no answer to my points u narrow minded man
    no wonder us geordies get a bad name

  100. 100
    avatar AndyMac says:

    Well if you could answer any of mine I’d be happy to respond :)

    BTW I’ve been banned from Toonsy’s pro propganda site just in case any of you thought it might be a good idea to post reasonable, incisive comments on there :)

    “toonsy says:
    July 19, 2011 at 21:36

    AndyMac
    July 19, 2011 at 21:32

    “Rich you’ll be getting an email in the morning from Toonsy for not toeing the party line”

    Another lie with no basis, fact or foundation :roll:

    I should have left it as Moreno did and kept you on the ban list. It would prevent you looking like an arse by spouting pure lies, which are evidently disproved by the disparate views displayed on this very thread. You boring c**t :)”

    #
    Jobey07 says:
    July 19, 2011 at 21:41

    @80…. hehehe. breaking of the swear filter :O :lol: :lol: :lol:
    #
    83
    toonsy says:
    July 19, 2011 at 21:42

    Jobey – Sometimes the words fits so well that you just have to use it :)”

    Yeah nice one Toonsy :)

  101. 101
    avatar rob t says:

    I think what MA is doing is right. If say in 5 years we are still in the premiership and dept free ill be very happy.

  102. 102
    avatar Jimbob says:

    People have to get real about the comings and goings at NUFC. Just because in the past we have not been made aware of all the costs involved in a signing, doesn’t mean that we just ignore them.

    A hell of a lot of money now goes to agents (hence apparently the fall-out with Erdinc’s agent)and we just have to live in the real world.

    Ignorance of a fact is no defence, you’d be laughed out of court if you went in with the defence of “I didn’t know about it therefore you have to let me off!” “sorry judge, I didn’t know I had to pay for things in a shop, so therefore you have to let me off this stealing charge”.

    We have to get real and understand that for all Mike Ashley’s faults, if it wasn’t for him taking over from the Halls and Shepherds (who by the way are the people who really took NUFC to the cleaners. They spent none of their own money, raked in massive wages, and sold for a massive profit, going into their banks) NUFC

  103. 103
    avatar CLiNT FLiCK says:

    jimbob,
    that’s ‘the murdoch’s’ defense atm, ‘we didn’t know anything that was going on in our business, you honour…Honestly…’ :)

    I agree btw mate.
    ;)

  104. 104
    avatar shaun says:

    nice to see some common sense responses coming in now. we do not want to end up like leeds which would have happened had shepherd stayed.

  105. 105
    avatar Drumbo says:

    Ashley didn’t do his homework and bought a “Pup” off Freddie.

    He had to plough a load of his cash to cover wages when we went down.

    Relised he wouldn’t get his cash back (price paid for club + Debts paid off)so he took it off the market.

    He got Puppet Pardew in to control and Pardew won’t walk out if told players are leaving.

    He is selling prize assets and top earners, he wants his money back.

    He is not a football fan, he is a business man.

    As a fan, I don’t like what he is doing, but I understand why…

    Have a look at this money league table, interesting.

    http://www.transferleague.co.uk/league-tables/2006-2011.html

  106. 106
    avatar deano says:

    Good article, 10 million pound bid for N’zogbia rejected 30 mins before the transfer window shut in january,second 12 million bid rejected. Transfer window re-opens, No bid made..
    Spend 4.3 million on a player, followed by a sale of our top scorer. Bids lodged for a player who doesnt want to come, followed by well we tried to buy.
    Sunderland have spent big following on from the sale of two of there best players.. do they mention agent fees wages ect..NO cos no club uses capital to pay wages ect. Facts are if we buy, then somebody will be sold. No ambition

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