Mike Ashley: £7 million pounds per month claim NUST.On the NUST’s website today, Tony Stephenson claimed a source had told the NUST that Ashley has performed the financial miracle of turning a company which lost over £20 million last year, into a company which was now making as much as £7 million per month. This would be the equivalent of approximately £84 million per annum, with a turnover that is almost half as much as it was in the preceding year.
Mr Richardson was writing about this seemingly remarkable feat in a preamble encouraging members to fill out the Trust’s latest survey, which, say the Trust:
“will be used to show interested potential partners the strength of feeling in the city and beyond about the current regime – the answers you give will form the basis of potential negotiations but are not binding on you. Its a massive marketing exercise to see if the fans are up for it.”
Later on in the piece, Mr Richardson goes on to stress: (more…)
The NUST's Malcolm Shiels, Steve Hastie and Mark Jensen. The Newcastle United Supporter’s Trust have recently completed the first phase of their “Yes We Can” campaign, a 6 week “education” programme.
Now, they have embarked on phase two of the campaign. On the NUST’s website. It says of the new phase that they are:
“…setting out our plan that will lead to negotiations with our club on a ‘fan led movement’ that will bring about new ownership with as little pain as possible for both sides.”
As a part of this launch of the second phase, NUST Spokesman, Mark Jensen, said in an interview on Friday that this phase would:
“Convince serious figures in the financial community that Newcastle United, run properly, is a viable, long-term investment”.
He then added on the January transfer window: (more…)
NUST making some noise...No, not top spot in the league, although that’s hopefully looking like a good bet at the moment. I’m talking about music (finally a relevant musical reference in my headline!). Love ’em or loathe ’em, though the latter I know seems to be more fitting for most on .org, NUST continue their quest to bring ownership of Newcastle United to the fans, and this time they’ve taken to the recording studio for it.
‘The Steady Boys launch their new single “Yes We Can – The Terrace Song”. All proceeds are split between NUST and the Royal British Legion. The track will be available to download from iTunes soon and the CD will be available in record shops.’
Here’s a sneak preview of it though in the meantime.
So will it pip Geordie Joe (come on, it’s inevitable isn’t it?) and his single to Christmas No.1?
Yes, you!I’m sort of loathe to detracting from onfield matters because after another hard-fought win, we’re once again top of the pile. But the NUST has been very busy off the pitch lately and they and their intentions have been fairly well-documented and discussed lately.
Having said that, much of the talk has been based on conjecture because the details still aren’t entirely clear although it seems there has been more clarity in recent weeks. Even though that has led to condemnation from some.
While many are attracted by the notion of a voice on the board, they are still sceptical about how it could work and now that NUST has gone on record to say they intend to buy the club outright, most people are unsure how this will work. Others have dismissed it as a non-starter, while still others have implied it is almost an immoral and reprehensible step to take which should be dropped immediately.
Well, Peter Williams has written to us to inform us that he is the new blog liaison for NUST. As many details still appear sketchy and there are still certainly more questions than answers, he has told us that he will be more than willing to answer any questions you may have about the Trust or the “Yes We Can” campaign. He has also offered to send us any relevant press releases and rumours if we’re interested. And wants to know if we would be interested in supporting the Trust in the “Yes We Can” campaign. (more…)
Everyone's favourite MDIt’s been report that Derek Llambias, Newcastle United’s ever-popular managing director, has invited the Newcastle United Supporter’s Trust, or NUST as we know them, to a meeting to presumably discuss their intended buyout plans.
It seems apparent that he called for this as soon as the ‘Yes We Can’ campaign was launched, so clearly while others are sceptical about it, the board are taking it seriously enough. As it turns out, the NUST have turned down his request to meet before our game against Preston, and Neil Mitchell spoke on behalf of the NUST to say:
“Any negotiations conducted un behalf of the Yes We Can campaign will be conducted with the full knowledge of our potential investors and the fans in general.
“We see no benefit in meeting with Mr Ashley or his representatives until the campaign has fully got under way.
“The idea of the campaign is to bring trust and integrity back to the club, reflecting the values of the city as a whole.
“It will be conducted in the full glare of publicity I am sure and we want to ensure that our people, including investors and potential investors, know what is going on. Deals in smoke-filled rooms won’t be part of our negotiations.(more…)
