Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
Geordie fans moan bitterly that he never spends multi millions in the Premier League, but he certainly seems to invest in the team to get them there, more than once. I’d have no issue with that sort of ownership at all.
Very nice beer. Was in Bruges a few yrs ago and one of the porters in the hotel was raving about it when i asked for any good recommendations. Apparently won a few awards
So that the banker that has experience of working with a Premier League club. Interesting papers reported that this mysterious person had put in a bid of £30 million. Although paper gossip, it all ties in now and the fact and a BIG If that talks are at an advanced stage but he is likely to lose out at the 11th hour. Am I right in thinking Roland is now willing to accept bids. His one is £30 millions, Aussies alledged £35 million, maybe Roland was trying to bring out in the open to try and get the sale done quickly. I don't think he is being vindictive, just think that as the Aussies are in the driving seat he wants to weed out as much as he can. I now suspect as I have done all week and this that Bowyer not signing a contract is a smokescreen for this takeover. End game here we come.
Exactly. Never heard of him. Anyone else come across him? Don't remember him posting on here before - not that that means anything of course. Losing count of these kind of posts, so far all have proved that the writers' usually know SFA.
And there was me thinking you were related to Sammy05!! 😉
No way! Have been tipped off about this guy... total waste of space who really should get a life. Sad thing is he has generated lots of responses on here just wasting everybody's time.
Whenever Colin is mentioned it tends to generate a lot of response!
Thanks, Colin.
Perhaps Nathan Prior could come back as well, that would ignite things with the pair of them on here.
Comments
Bought Newcastle for £134m and inherited £77m of debt. By 2017 that debt had doubled to £152m.
Sports Direct has never paid anything towards the naming rights or any of the advertising that swarms the stadium.
Sports Direct controls club's retail operations and the club has made a net loss of £5.5m from this arrangement. Commercial income has halved, matchday income is down by a third.
In the 11 years before Ashley, Newcastle had qualified for Europe nine times and the Champion's League group stages twice. Since Ashley has been owner, the club has been relegated twice and played in the Europa League once.
Newcastle's net spend since the summer of 2017 is £1m. Brighton's is £110m and Huddersfield's is £78m.
Ashley has purchased land behind the Gallowgate for a reduced £6m and planning permission for £70m proeprty development that blocks any expansion of St James' Park.
The club's accounts are overdue and it is also under investigation by HMRC for tax fraud.
From page 1469.
Or Ashley.
Anyone but Shitweasel
Heard that one before
When you click on the link and read, scroll down and they have a picture of Jose Riga saying it is Roly LOL...