Wonga and Newcastle United: Is it worth it?

Posted on October 14th, 2012 | 48 Comments |

Alan Pardew, Derek Llambias and Wonga.
Vampires.
“And how the poverty of these unfortunates, among whom even thieves find nothing to steal, is exploited by the property-holding class in lawful ways.” – Frederick Engels, The Condition of the Working Class in England.

It is no longer news that Internet loan shark “Wonga” will be the club’s sponsors from next season for a period of four years.

I was going to write this piece a few days ago, but on reflection, I decided to leave it for a short while to see what emerged in terms of further details about the deal itself, and also the level of opprobrium which was inevitably going to follow the announcement. The exact amount is still shrouded in secrecy, though a figure of £24 million for the four years (£6 million per year) was bandied around in the media after the announcement was made, then the Telegraph claimed that the figure is more like £8 million per year (£32 million over four years). When this was put to the Managing Director, Derek Llambias, he suggested that the £8 million figure was “not far off.” As it’s Llambias though, this may not be true, but it is all we have to go on. As well as this, it is also been claimed that Wonga will be investing a further £1.5 million in the club’s Academy.

Llambias had the following to say on the new deal:

“There’s three parts to the deal. One part is investment in the Academy, one part is the shirt deal, and the third part is naming rights. I think you’ve got to look at the whole package – the shirt deal’s big for us, the Academy deal and then the naming rights, not necessarily in that order.”

If the figures above are anywhere close to the actual sum and include the naming rights, they are hardly spectacular. The mean figure for all 20 Premiership shirt sponsorship deals is now £7.36 million and that figure is just for shirt sponsorship only. This is especially true when you consider the further disrepute brought on the club, and the further damage to NUFC’s brand value brought by the new clients. Llambias once bragged that that selling the name of stadium alone would bring in as much as £10 million. More on that later though…

Another key part of the deal is a cynical but seemingly highly effective move to buy off fans concerned about being sponsored by loan sharks moving in to target the region which has the country’s highest personal insolvency rate. This of course is the decision to revert the name of the club’s stadium back to “St James’ Park,” though still with the infuriatingly absent “s” after the possessive apostrophe when it should be “St James’s Park.” Perhaps Mike Ashley could find another sponsor to finance that final “s”? Anyway, those of you who might be intending to name their next child “Wonga” as a gesture of your deep gratitude for this move, please consider that if they are indeed paying only £8 million for the whole shooting match, that would only be a fairly average deal for them on the shirts alone, and as is usual with the club under Ashley and Llambias, there seems to be a considerable amount of “smoke and mirrors” involved with this latest stadium naming development. It was only on Tuesday morning, after Ashley, Llambias and Wonga realised the extent of the opposition they’d face to the deal after the story was deliberately leaked before it’s official announcement that they hastily cobbled together the naming rights story.

Coming to the third part of the deal, a £1.5 million investment in the club’s Academy, with prominent Wonga signs erected at the Academy’s Benton base soon after the announcement. As well as this there will be a rather dubious involvement with the Newcastle United Foundation Enterprise Scheme for “disadvantaged children, young children and families”, which, as you will see below, is a bit like putting Gary Glitter in charge of a Primary school. Like the stadium renaming, this overt involvement with youngsters may seem to be a standard ploy to offset the distasteful nature of the company, and hopefully it isn’t another way of drumming up a bit of future business. On this aspect, the manager of the Newcastle Citizens Advice Bureau, Shona Alexander, had this to say:

“Our workload has increased remarkably in the past 12 months and more and more people get into trouble by taking out payday loans. The lenders seem to target young people which is why it’s worrying that the Wonga deal includes funding for the football club’s academy. They’re exactly the kind of people that payday lenders want to get their grips into. Our workload has increased remarkably in the past 12 months and more and more people get into trouble by taking out payday loans.”

Indeed, in the most recent of the many controversies surrounding Wonga they got themselves into hot water very reccently for having loan ads (alongside others for casinos) on a smartphone app, “Talking Ginger,” which teaches very young children how to get ready for bed. In order to get rid of the ads, the children had to pay 69p for “virtual toothpaste.” Moving up the age scale, the company has been known for it’s aggressive targeting of students, and was forced to remove a piece on it’s website in January of this year offering 4000%+ Wonga Loans as an alternative to Government backed 5% Student loans. Though not a student, the first “Wonga suicide” victim, IT Apprentice Oliver Scott, was only 18 years old when he took his own life over debts to Wonga, Cash Genie and Tooth Fairy finance. Getting back to Wonga’s advice for students though (which they were subsequently forced to remove from their website), they wrote this:

“Student loans are usually far cheaper than your standard personal loan. But there can be a downside – you potentially end up borrowing more than you need, while a nasty debt accumulates for your graduation that could take years to repay. With a Wonga loan, the interest rate is much higher, but you only borrow it for a month and pay the loan back on a date that suits.”

In further “advice” it also warned students in a statement which beggars belief:

“Student loans potentially encourage you to live beyond your means.”

The NUS’s Vice President of student welfare, Pete Mercer, remarked on that piece:

“It is highly irresponsible of any company to suggest to students that high-cost short-term loans be a part of their everyday financial planning. Wonga should immediately withdraw this predatory material, which contains information that appears to be inaccurate, and is aimed at financially vulnerable young people.”

Perhaps the most disturbing thing of all however are Wonga’s plans to educate children on their “credit alternatives.” On this, their founder and Chief Executive Officer, Errol Damelin, had this to say:

“Kids need to know what all the credit alternatives are and equally they should know about saving.”

As to whether Wonga’s “innovative and educational” children’s project will be a part of their involvement with the Newcastle United Foundation’s work with deprived young people remains to be seen, but it would be extremely alarming if it did.

Finally, besides the moral concerns, there is also the question of damage to the “brand value” of Newcastle United Football Club, which has already taken a significant hit due to it’s association with Sports Direct. Though it is undoubtedly a highly profitable organisation, negative associations with it’s junk image acts as a huge deterrent to premium brands who may have wanted to become involved with the far more desirable Newcastle United brand, and does have financial implications for the club. On that, marketing consultant Chris J. Reed writing in “Brand Republic” had this to say:

“Newcastle have also missed a trick again with a UK only sponsor and not a global one. Or have they just realised that despite the popularity of the English Premier League (EPL) in Asia they will never be considered by global brands? They certainly won’t after this deal. Can you see any blue chip brand wishing to be associated with Newcastle after they have both Wonga and down-market sports discount retailer Sports Direct as sponsors?”

Fellow marketing expert and Newcastle United fan, Dr Joanna Berry of Newcastle University Business School, agreed with Reed (and practically everyone else in the marketing industry) when she said:

“If you were the Emirates, Virgin, British Airways or any of the global, creditable brands, would you want to follow Wonga? From a marketing perspective, the reputational risk is significant.”

Quite so, though as I mentioned above, there was already a problem attracting premium sponsors to follow on Sports Direct. Virgin Money were the exception which proved the rule, as they had special regional considerations in mind after taking over from North East bank, Northern Rock, both as owners of the company and as shirt sponsors of the club.

So, though this current sponsorship may be a slight improvement on the old one in overall financial terms, it also comes at a considerable cost too, both in moral and financial terms, with the club’s reputation and brand value sustaining even more damage.

Is it worth it?

Poll

NUFCBlog Author: workyticket workyticket has written 1055 articles on this blog.

Related Posts:


48 Responses

  1. finally a Newcastle fan site that doesn’t see the supposed £8million a year a very poor. Also if you look at other premier league clubs they all have multiple sponsorships who in their right mind would be associated with wonga.

  2. Sorry the comments box went missing there (and also the blog)

    A word of advice, if you ever even think about getting a Virgin Broadband connection, DON’T! The are the most incompetent and dishonest broadband service ever, and you will regret it!

  3. Worky, I will wait till after the mackem game and see what happens. If it’s set up the way I am sure it will be, I’ll try get a blog done about what you asked the other day via email.

  4. Another cracker worky! as you say though, I think alot of the fans have accepted it because of the SJP thing. That stuff about the wonga and the kids was scary though. They sound even worse than I thought they were and that was bad enough!

    Sorry to hear about you internet problems. If its any help I had a mate who was with virgin and he couldn’t standthem either. He switched to another one eventually and he says that they are really canny, I think they were called titan or something like that?

  5. jus downloaded this app read for like 20min I agree with most u say but think people over reacting over wonga all company’s con you look at puma they make stuff for like 2 quid and sell for 40 but they don’t go public on there profits all football corrupt with advertising I was in America for 2 weeks put on there pathetic version of football and was more time on advertising than the game! I was born in northern Ireland n moved the toon when was 8 n supported ever since down in south east now still come up whenever can get away from the missus ha also I agree we need a 4 3 3 suck pardwho and his 4 4 2! wonderin if the Senegal vs ivory coast game will be replayed? we already got 8 out injured don’t need our strikers going play after today’s madness will probably get set on fire with a tyre round neck them guys love that shit

  6. Jimbob says:
    October 14, 2012 at 9:48 pm

    “Worky, I will wait till after the mackem game and see what happens. If it’s set up the way I am sure it will be, I’ll try get a blog done about what you asked the other day via email.”

    Thanks Jimbob. Let me know after the Mackems game then.

    toontony says:
    October 14, 2012 at 10:33 pm

    “Another cracker worky! as you say though, I think alot of the fans have accepted it because of the SJP thing. That stuff about the wonga and the kids was scary though. They sound even worse than I thought they were and that was bad enough!

    Sorry to hear about you internet problems…”

    Thanks and thanks toontony. It is titan, I have them on my list along with zen and one or two others. I was reading some reviews about Virgin Broadband at the review centre. Out of about 850 reviews on there, they have a 1.2 star rating out of five, which must be about the worst on there. Lots of headlines such as “The worst Broadband service there’s ever been” and “The worst company I have ever had to deal with in 65 years,” all true, sadly.

    http://www.reviewcentre.com/reviews77262.html

    Yes it is a bit scary to read about Wonga and their plans to educate children on their “credit alternatives.”

  7. danny b says:
    October 14, 2012 at 11:36 pm

    “jus downloaded this app read for like 20min I agree with most u say but think people over reacting over wonga all company’s con you look at puma they make stuff for like 2 quid and sell for 40”

    danny b, I understand what you’re saying, more than most, not least with Sports Direct with their blatant cons such as putting 50% off tags on their clothes at the sweatshops in Laos where they are made. I would understand even more if it was a gambling company too. However Puma aren’t the same as a loan shark targeting the poorest and most vulnerable in the region in a time of recession with VERY high interest loans which could drive them to the depths of despair. I haven’t heard of anyone throwing themselves under a train yet because they couldn’t afford a Puma shirt.

    swiller says:
    October 14, 2012 at 8:53 pm

    “finally a Newcastle fan site that doesn’t see the supposed £8million a year a very poor.”

    I would say that £8million a year was about average for a shirt deal (only) with Newcastle United but it’s the other stuff which concerns me more than anything, with the damage to the club’s reputation and brand, the fact that they are targeting the region with these awful loans, that they want to get involved with community projects with the deprived and so on. NUFC shouldn’t have it’s name dragged further into the gutter for a deal like this one.

  8. i’ve no idea if this deal will benefit, the fans, but it will benefit ashley and llambias, and no mistake.
    my personal opinion is, the money will be trousered, and we’ll here some crap story, about how it’s went to pay for new changing rooms, or a training pitch, or some other crap.
    that fact that we have already supposedly spent a fortune on the academy, and we cannot get an A license, smacks of bs, imo.
    the sad thing about it is, most of the fans will swallow the usual s***e.

  9. TROJAN RECORDS 73 says:
    October 15, 2012 at 10:46 am

    “i’ve no idea if this deal will benefit, the fans”

    Well they say that they’re going to be taking care of the half time entertainment for the fans, which I’m sure will be just wonderful.

    TROJAN RECORDS 73 says:
    October 15, 2012 at 10:46 am

    “my personal opinion is, the money will be trousered, and we’ll here some crap story, about how it’s went to pay for new changing rooms, or a training pitch, or some other crap.”

    Well they made a £32.6 million profit Trojan, mostly on player trading according to the last set of accounts, and they say there that the money went into the club’s reserves (cash reserves, not the second team!) on top of the £9 million or so which was already in the club’s bank account.

    One thing I want to know is about the club’s merchandising. The club’s shop has already been damaged through being massively undercut by Sports Direct on replica shirts. As you know, the club’s official online shop has now been “NUFC Direct” for some time, and is laid out just like the Sports Direct online shop with all the same “Free mainland delivery” and “24 hour delivery” signs in the same places. Does this mean that Sports Direct have completely taken over the club’s retail arm? And if so, how much is going to the club, and how much is going towards Sports Direct?

    It’s very opaque.

  10. WHo cares if a load of stupid chav scum want to get themselves in too much debt? I certainly don’t! All I care about is NUFC and this is a good deal for the club. Mike and Derek might have made a few mistakes early on but they have learned from them now and are using their considerable business skills to push the club onwards and upwards. If it’s one thing I can’t stand it’s these bleeding heart politically correct assholes who keep whingeing about Ashley when he’s only trying to do whats best for the club!

  11. sir mike ashley, you say the club are moving onward and upward?, are you prepared to take a leap of faith, with a couple of liars, who were caught out, in a court of law.
    you are willing to take what they say, to the bank?
    you either have inside information, or your etenally optimistic.
    a punch above our weight season, and a couple of shady shirt sponsors, and your on board, each to their own, and all that!!!

  12. Sir Mike Ashley says:
    October 15, 2012 at 12:22 pm

    “WHo cares if a load of stupid chav scum want to get themselves in too much debt? I certainly don’t!”

    “Sir Mike Ashley” (FFS!), So you would describe anyone who is poor and might get themselves into debt in the worst recession since the 1930s as “chav scum?”

    You really could be the Slimmer of the Year himself! :-)

    Looking at the photo above, Alan Pardew doesn’t look happy at all sitting there with the three other smug pricks. He looks like he’s just got up out the wrong side of the bed.

  13. Just wondering what the players think of all the recent controversy.
    According to what we hear from the NUFC PR Dept.
    Everything is good, the players are happy and we dont really need any help at the back.
    Thats from both horses (ass) mouths, yep ! wor Derick and Al. said so, so it must be true.
    (Poor old Shola didn’t look too happy being trotted out to endorse the deal and surprisingly, niether did Pardew, guess he’s getting a bit tired of eating that famous Italian dish, merda..)
    And even if it aint, does Ashley care, he can make a nice profit by selling off our stars, Cabaye, Tiote, HBA, who i’m sure will be in demand next window or two.
    As long as the club can avoid relegation and makes a profit over the season, you think the boss cares?
    There are other cheap players available, to replace those sold, a continual conveyor belt of buy cheap, pay little and sell for big bucks.
    And with the ever increasing revenues this system could be a big earner.
    Of course, the ever increasing revenue is paid for, for the most part, by pay for view TV, so expect an increase shortly to pay for the most recent increases.
    Face it this money didn’t just fall from the sky (no pun intended) it comes out of your pockets.
    It’s becoming more difficult to tell, who is ripping us off the most, bums in seats Ashley, Skye, Sports Direct, Wonga…..
    And what to we get ?
    Frustration, begin to wonder if it’s all worth it?

  14. The funny thing is that Mike will probably be knighted soon. If he had a posh accent he would alread be “Sir Mike”.

    The really funny thing is to watch them taking credit for taking down their own tatty signs. Has the world gone mad?

  15. GS says:
    October 15, 2012 at 5:35 pm

    “The really funny thing is to watch them taking credit for taking down their own tatty signs. Has the world gone mad?”

    GS, that’s the power of PR, though of course, it is also highly dependent on how the team are doing on the pitch. If we stay at our current position (10th), or sink lower, fans will suddenly become far more perspicacious regarding Ashley, his cipher, their transfer policies, their various smoke and mirrors deceptions, and their plain out and out lies. You can bet your hoose on that one.

  16. There’s nothing as powerfull as having control of the media.
    As an example during the fifties, the former colony of Kenya, went through what was called something like an emergency, lovely name !
    And there are those of us who remember the feared and despised dissident Mau Mau, who’s very name became synonymous with evil.
    Apart from one labor MP the renown scouse Bessie Bradock, who attempted unsuccessfully, to bring the truth of what actually accured to both the rest of Parliament and the British Government.
    But it was the colonial office who had total control of both the propaganda machine and fed a, (didn’t really want to know press), whatever they decided was best for the foreign office and country.
    What was the truth? well according to a not so recent book covering both the era and area.
    Somewhere in the region of between two hundred a fifty thousand to over three hundred thousand Kenyans were killed.
    Hard to believe, is’nt it, when somewhere in the region of under a hundred white settlers were killed.
    Both the Kenyan police and British army established concentration camps, where people were tortured and killed, mostly Kikuyu tribespeople.
    Both women , men and in many cases children died.
    But not a word was ever brought to the attention of the British public , apart from the claims of Bettsie Bradock and even she was unaware of the extent of what was accuring at the time.
    The official files have been closed since then and only recently have claims been made by some survivors, most others are already dead.
    How could this have happened, without it being made public at the time.
    Simple, all claims were pooh-hood, trust us we could never be responsible for such cruelty, we are the British Empire (the ones who instituted Concentration Camps) and we have control of the media.
    Sound like a likely story?
    Check it out!

  17. Worky
    Even if the fans were aware of the inner workings of the NUFC board, they are by now inured to being dumped on and are not prepared to voice or show any dissent, as they have had enough.
    Doubt the days of the bedsheets are over.
    By now they are aware that Ashley doesn’t give a rats ass about what they think and will continue to do as he pleases.
    A kind of in your face for daring to insult me and my family.
    Some rationalise it by reasoning, we have a decent side
    and Ashleys right for not spending our hard eaned money on players, somewhat proud of his hard nosed dealmaking.
    As if they were a part of it.
    But Dissent, nah!
    People are not unlike sheep.

  18. FFS, It’s been way too long since the last match. Wonga sound like a bunch of jerks but I truly see no avenue to affect this other than not buying merchandise which I’m already doing until the transfer policy changes.

    GS-I did find that element of it hilarious. AP saying something along the lines of “we’ve got SJP back and I’m as happy as anyone about it” truly is rich. Apparently, we’ve always been at war with Oceania.

  19. Oh, the photo is hilarious. Dekka looks like he just hid a body under his house and AP looks like he really has to take a dump…

  20. chuck says:
    October 15, 2012 at 7:31 pm

    “There’s nothing as powerfull as having control of the media.
    As an example during the fifties, the former colony of Kenya, went through what was called something like an emergency, lovely name !
    And there are those of us who remember the feared and despised dissident Mau Mau, who’s very name became synonymous with evil.”

    Yeah yeah Chuck, change the record. Of course, you couldn’t pick one of many far more recent US examples, you have to go back to the ‘fifties for a British one which wasn’t just us backing up American awfulness. What about the media and all these drone strikes in Pakistan?

  21. Worky @22: It is serious I think.

    Hopefully, we can have a good performance against the Mackems. We should have the “purples” out in force, and we are more than a match for them if Pardiola gets the tactics right.

    Dont get too stressed about it all Worky. It is hard to take when you know fans are being manipulated, but it is what happens on the pitch that matters (there, an old cliche).

    Hey Worky, put your writing skills to the test and put something positive up. It is not all doom and gloom, and we should be having some fun supporting this above average side.

  22. Chuck@18 I served in Kenya at that time The stories in the press(thats what they were stories)had nothing to do with the truth.I think its a good example.If it happened today the world would be in uproar.A great number of the African dead you mention were executed for minor offences.Must get back to football!!

  23. Nutmag says:
    October 16, 2012 at 9:46 am

    “Chuck@18 I served in Kenya at that time The stories in the press(thats what they were stories)had nothing to do with the truth.I think its a good example.If it happened today the world would be in uproar.”

    Nutmag, I would be the last person to underestimate what happened with the Mau Mau uprising, but things like that have happened many times since, and still do happen only too often unfortunately.

  24. Worky; I agree its just when you see it at first hand up close it never leaves you.It just makes Ashleys moves seem a little trivial

  25. By the way, a Purple Poker chip is the highest value at a Vegas casino at $5,000. I suppose there are worse ways of referring to players and it is simple.

  26. Nutmag says:
    October 16, 2012 at 10:22 am

    “Worky; I agree its just when you see it at first hand up close it never leaves you.It just makes Ashleys moves seem a little trivial”

    But where’s the line between the “trivial” and the “serious” Nutmag?

    Both my father and my grandfather served in the world wars. My grandfather fought in Turkey during the First World War, and as if enduring the horrors of Gallipoli and the rest wasn’t enough, he also witnessed the aftermath of the great Armenian genocide by the Young Turks. He had to clear up the bodies of pregnant women who had been eviscerated. They had their live babies cut out of their stomachs whilst they were still alive themselves. My Grandfather’s lot were tough Yorkshire folk, many of whom lived for over a century, and he himself lived for many decades after that despite being a heavy Woodbine smoker, otherwise I would never have known him. It still had the capacity to bring him to tears over 50 years later, but it didn’t mean that everything else was trivial to him after that. He would still fight for what he thought was right, even if it didn’t involve the evisceration of pregnant women.

    When you look at such as that, the Holocaust, the Cultural Revolution, the Ukrainian starvation, the Second Sino-Japanese War etc, as terrible as it was, the Mau Mau uprising was “trivial” too. But if we don’t bother about anything just because it isn’t as bad as the worst thing that ever happened, we will tolerate anything by anybody.

  27. GS says:
    October 16, 2012 at 2:17 pm

    “By the way, a Purple Poker chip is the highest value at a Vegas casino at $5,000.”

    GS, I thought it was $500, and that the very highest were $5000 brown chips. Then, for the Abramovich’s of this world, you move on to “plaques” which are like metal cards to represent very high sums.

  28. Worky
    I certainly agree with your condemnation of the impersonal murder of suspected (terrorists) a label lightly used and who are the actual terrorists in this situation ?
    To sit watching a video screen and press a button, resulting in the death of people thousands of miles away is pretty cold, reducing warfare to video game status.
    On the other hand it has nothing to do with my point.
    I was describing the power of the press (media) when it’s controlled, the Kenya situation from nineteen fifty two until nineteen sixty, was an example in it’s enormity.
    Anyone curious to read about it should read the book “Imperial Reckoning” by Carolyn Elkins.
    Dont be so sensative, unless of course you suscribe to the revisionist historical views of Niall Ferguson, that describes The British Empire as a benevolent force.

  29. chuck says:
    October 16, 2012 at 4:31 pm

    “Worky
    I certainly agree with your condemnation of the impersonal murder of suspected (terrorists) a label lightly used and who are the actual terrorists in this situation ?”

    Every military age male killed by these drone strikes (and in Yemen too) is denoted as a “suspected terrorist” or a “suspected militant.” Obama is committing indiscriminate murder on an industrial scale, but just as with the 1950s Mau Mau uprising which you highly selectively used as your example, you don’t hear the real version of that in the media either. However, that is just one current example from your own country, there are many more. You guys are in charge nowadays, and have been since the end of WW2. Kenya was one of the death throws of a dying / dead superpower, or that of a “spear carrier” for the new rulers of the world, your lot over there.

    Chomsky’s right, Obama is even worse than his prececessor. I knew he’d be the same old same old before he was elected because of Zbigniew Brzezinski, not to mention that anyone who gets that far is going to be a complete bastard anyway. Brzezinski’s the Democrat’s Kissinger with his “Grand Chessboard”, and he created much of the whole Afghnistan mess in the first place when he was with Carter.

  30. But getting back to Wonga, is it a coincidence that a major Tory backer and major Wonga backer is Adrian Beecroft, and the Tories are now abolishing the Social Fund as part of their Welfare reform Bill, which gave interest free Government loans to low income people in very high need?

    He previously told his Tory clients that they must strip back employees rights still further, so that they could be sacked at will.

    Guess what George Osbourne wants to do now.

    http://www.ft.com/cms/s/0/2f6c8cb4-1142-11e2-a637-00144feabdc0.html

  31. You been reading the Daily Snail WT ?

    http://www.dailymail.co.uk/news/article-2207554/The-astonishing-homes-Wongas-fat-cats-tripling-profits-4-000pc-payday-loans.html

    “If one looks at the share holdings of Wonga Group, it’s not difficult to see that these ghastly parasites are not even paying their share of tax. Large tranches of shares are held by nominees, blind trusts and a range of other spurious bodies corporate – they are bang at it, I can absolutely promise you! Now, if I were George Osborne, I would have a stern word with HMRC and arrange to have wonga, its directors and shareholders subjected to a foresic investigation. I have close to zero doubt that such an investigation would justify the cost!!”

    Unless of course that was you ? :)

  32. AndyMac says:
    October 16, 2012 at 9:09 pm

    “You been reading the Daily Snail WT ?”

    I read that one a while back Andy.

    “Now, if I were George Osborne, I would have a stern word with HMRC and arrange to have wonga, its directors and shareholders subjected to a foresic investigation. I have close to zero doubt that such an investigation would justify the cost!!”

    No chance. As I wrote above, Osbourne and his party are already bought and paid for by Conservative Party and Wonga backer, Adrian Beecroft, hence the plans to abolish the Government social fund’s interest free loans to those in need, as well as their refusal to set an upper limit on interest rates like countries such as France and Germany. Beside the recession, that is the main reason behind this current infestation of British society by these loan sharking companies. Much of what they do is illegal in other more civilised nations, hence we are a magnet for loan sharks from all over the world.

    I can only read the Daily Mail for a limited periods as I get angry and start breaking stuff after reading the views of all the awful bigots on there for a few minutes. And yet I simply can’t resist doing it!

    It’s the same as watching those friggin’ Yanks on Fox news! :-)

    (Yanks, I was joking there BTW!)

  33. Yeah btw I liked Sir Mike’s social commentary reminded me of Thatcher’s children ? Maybe he is one ?

  34. AndyMac says:
    October 16, 2012 at 9:55 pm

    “Yeah btw I liked Sir Mike’s social commentary reminded me of Thatcher’s children ?”

    There’s one on the Chronic who’s worse than him Andy, someone called Marco something or other. He’s so bad, he’s got to be a WUM. Then again, I thought that about the ridiculous and laughable poem to Mike Ashley in the Mag I linked to in comment 22, which GS assures me is actually entirely serious. I despair.

  35. Worky: you get Fox News over there? I can’t watch a minute of it anymore, I only see it from John Stewart commentary.

    I occaionally read the Kardashian Daily Mail and know Andy Mac makes the odd comment on there.

    Aren’t you lot supposed to have the FSA watchdog that prevents abusive financial practices? I know they fined Santander and others for misselling mortgage insurance because I owned some Santander stock and followed the stories (on a side note, Northern Rock were trying to sell my mother mortgage insurance about 10 years ago. They were very persuasive and it took me a couple of days to convince her that they were asking HER to pay a premium to insure THEM against loss. My mother isn’t stupid, but these financial products are complicated and the brokers prey on the financially niave).

    Seems like the way the FSA works is to let some dodgy practice go on for a long time, let a lot of people get hurt and then set up a committee to look into it. Meanwhile, the top managers and directors make a lot of money, get knighthoods and walk away with their pensions to Jersey or Barbados.

    Anyway, Worky have you not had enough of the WONGA stuff yet?

  36. I watched France vs Spain which was a really good game. Cabaye was played in a more holding mid-field role and played well. The less said about Debuchy the better. There is no way that bigger clubs than us didn’t notice him.

  37. One last thing on Wonga – publicity is not always good publicity. There is the off-chance that this raised profile may get the FSA or whoever to do their jobs.

    Funny that they don’t legislate. I would like to see the debate when they say they want to limit payday loan interest to ONLY 1,000% PA.

    They will eventually change the rules though, they are just letting their donors make their stash in the meantime.

  38. GS says:
    October 17, 2012 at 12:09 am

    “Anyway, Worky have you not had enough of the WONGA stuff yet?”

    It’s alright for you over there GS, but people in Newcastle who go to SJP are going to see alot more of them. They’ll be playing stuff like “Wonga Cash Dash” and “3, 2, Wonga!” at half time, they’ll be putting themselves about in the community and so on. They’re very “pro-active.”

    They may end up like the News of the World in that they’ll get away with it for ages because they have the government nailed on, make more fortunes, then there’ll be an incident or something, then an outcry which will force the Government’s hand to take some kind of action on the Payday loans industry in general and so an and so on…

    I hope they don’t have bairns in the supermarket screaming “MAM, I WANT A WONGA LOAN!”

    I have a mate who watches Fox News just to get angry, just the same as I read the comments in the Daily Mail to get angry at all the bigots on there.

  39. workyticket says:

    “BTW did the two Demba’s line up in a 4-4-2 against Ivory Coast on Saturday evening ?”

    Yes they did Andy”

    So that went well then ????

    Can someone tel Pardwho the Clueless that they’ve never hit it off with Senegal let alone NUFC. Maybe the stupid silver haired feckwit can sit down with a piece of paper and pencil and work it out for himself :)

  40. BTW some Snail readers do have some morals which is why I copied and pasted that bloke’s comments.

    There are neanderthals on every single newspaper site and I react to extreme crapulence wherever it is !

    As for dlcks like SMA pouring scorn on “Chav scum” lets hope the feckwit never finds himself out of a job, through no fault of his own, and desperate for money to sustain his tw@t existence :(

  41. Reading the Mail and watching Fox news, you guys got me worried ?
    Do you get the tv program “Democracy Now” on any station in the UK ?

    Whats the story? we gonna go after Debuchy again, only now having to compete with Arsenal, he will probably tell us to go pound salt, as we tapped him up and left him hanging, then join his buddy Cabaye who it’s rumored is now heading for Barca.

    The grey gadgie, has also stated we would lose one of our stars this coming window, perhaps Ba, to our friends in Liverpool.
    Well we owe them one following the Carroll deal i guess.

    Hard to believe the Tories or for that matter any UK party would turn down the US request to extradite, the young hacker wasis name McKinnon.

    Hell somebody should offer the guy a job, anyone who could hack into the bowels of the US Defense Dept. gotta have some skills.

    Didn’t MI5 or 6 recently advertise for applicants, though perhaps that may not be his choice of a carrer.

    Perhaps the Kenyan’s who are sueing the British Government, could get him to hack into the (as yet, made public) files of the old Colonial office.
    To help their case.

    I see there was no hesitation in sending people with muslim names to the US and doing a Pontius Pilate number on Julian Lasange (oh! we sent him to Sweden, how were we to know they would let him be extradited to the US)
    What will they do now he’s reached a refuge in neutral territory.

    Then again, old Pinochet, someone responsible for untold criminal acts, was given a comfortable country house, to while away the days, before what was to be his inevitable return to Chile.
    Special strokes for special folks.

  42. chuck says:
    October 17, 2012 at 8:27 pm

    “Do you get the tv program on any station in the UK ?”

    I’ve watched “Democracy Now” on the Internet. Amy Goodman.

    I don’t know McKinnon, but I’ve seen him at my local off license a few times. His girlfriend’s place where he did alot of his hacking is very close to where I am. He liked his special brew from what I saw, which might explain his explaination about looking for aliens in the Pentagon.

    “I see there was no hesitation in sending people with muslim names to the US and doing a Pontius Pilate number on Julian Lasange ”

    Julian Lasagne doesn’t sound particularly Muslim to me Chuck.

Leave a reply