Archive for the ‘NUFC Finances’ Category

Newcastle no longer own St James’ Park.

Posted June 2nd, 2010 by toonsy | 230 Comments

Things never run smoothly at Newcastle do they? Come on, you can admit it, it’s ok. And some interesting revelations today have ensured that the tradition unfortunately continues.
The Guardian have managed to track down some of the inner workings of what is going on behind the iron curtain, with the focus yet again being on [...]

Has Mike Ashley stumbled upon the way forward?

Posted May 27th, 2010 by toonsy | 82 Comments

All this talk of plans and statements, all these definitions of what capital outlay actually means, whether we’ll have money, no money or whatever has been done to death now.

But through all that, has Mike Ashley stumbled upon something. Has be bumbled his way onto the right path to a secure a sustainable and, heaven [...]

Dennis Wise ensures Toon miss out on Milner money.

Posted May 21st, 2010 by toonsy | 85 Comments

Dennis Wise is not remembered with great affection around Newcastle after his part in the fiasco which brought the club to it’s knees, and ultimately cost us a Premier League place.
And it looks like the smooth negotiator has dropped another clanger that will see the club miss out on any extra income from any potential [...]

Newcastle due a cash windfall, but it must be spent wisely.

Posted May 20th, 2010 by toonsy | 75 Comments

I was just having a quick look through some of the key points of the latest accounts that have been submitted, and came across something rather interesting that I missed in my initial assesment of them a few weeks back.
It’s concerns money that is owed to the club from player sales, and could explain [...]

Ashley did NOT say “no new players”.

Posted May 10th, 2010 by workyticket | 107 Comments

There is one piece of Newcastle United’s latest statement which has caused much consternation with some fans, it reads:
“The first team squad that won the Championship this year will form the basis of the team for next year in the Premiership, there is no plan for new capital outlay on players”.
This led to a [...]

Statement signals summer of discontent.

Posted May 10th, 2010 by toonsy | 157 Comments

So now we know where we stand with Mike Ashley, we know what the plans and intentions are regarding the clubs latest five year plan, and upon first glance it makes grim reading.
However, this is my club, and there is only one person on here that really knows the depths of depression I can work [...]

Newcastle United release worrying set of accounts.

Posted May 3rd, 2010 by toonsy | 152 Comments

Newcastle United have now released the latest set of club accounts, and they don’t make good reading, that’s for sure. I’ll go into more detail later on, but the financial results show just how precarious things could have been if we didn’t have an owner with a huge personal fortune to bankroll us. Whether you [...]

“Clearly annoyed” Hughton blasts tabloid wage cap rumours.

Posted March 12th, 2010 by workyticket | 40 Comments

Newcastle United manager, Chris Hughton, has reacted to specious tabloid stories stating that Newcastle United players were to be rewarded with a pay cut if the club achieve promotion at the end of the season.
Somewhat ironically, the interview appeared in Newcastle rag, the Journal, which is a sister paper of one of the tabloids [...]

Llambias: No more financial meltdown for big names.

Posted March 8th, 2010 by workyticket | 119 Comments

Newcastle United’s Managing Director, Derek Llambias has once again mounted a stiff defence of the club’s owner, Mike Ashley. He reiterated that the club has now moved well away from the ‘trophy’ signings of the Shepherd era, and more towards the development of younger talent. Llambias also raised the spectre of Portsmouth’s current financial situation [...]

Llambias hails ’saviour’ Ashley.

Posted March 6th, 2010 by workyticket | 187 Comments

Newcastle United’s Managing Director, Derek Llambias has hit back at what he described as “a small and very negative group” who “insist on chanting ugly and abusive comments” directed at the club’s Southern owner, Mike Ashley. He also added that “If it wasn’t for Mike’s continued input, we would be in a similar position to [...]

 
 

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