NUFC Finances
Below are a series of tables showing the profits and losses (mostly profits) made by Mike Ashley in player trading since he assumed control of the club early in the 2007-8 season. Firstly, they are broken down season by season from 2007-8. However, it should be noted the major transfers into the club in his [.
As many of you out there will be aware, Newcastle United recently announced their figures for the year ended 30th June, 2012. This corresponds to our second season back in the Premiership which, of course, is last season, the one where we finished fifth. In the last few days the accounts were finally made public [.
"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 [.
There has been something of a rehabiltation of the reputation of Mike Ashley at Newcastle United
recently. This, of course, has been due largely to the club's generally upward trajectory in terms
of it's League position in recent seasons under Chris Hughton and Alan Pardew, as well as some
successes in the transfer market since [.
Well, Newcastle United have finally managed to finish in the top half of the Premiership under
current owner, Mike Ashley. This is our first top ten finish, and qualification for European
competition, since Glenn Roeder's Intertoto "Dream Team" managed seventh, and Europe, after a
storming finish in the 2005-06 season.
Newcastle United's Managing Director, Derek Llambias, has been speaking to David Conn for
yesterday's Guardian. In the interview he spoke on how he has received so much abuse from Geordie
ingrates that he doesn't hear it any more, how Mike Ashley told him that he would have "a horrible
job" in May 2008, just before [.
Alan Pardew has been talking to The Sunday Mirror and his comments confirm what most of us now
accept is happening at United. The "austerity" policy and supporting business model which Mike
Ashley instigated when taking over the club, and which was highly criticised by many United fans,
including myself, is achieving what it [.
Newcastle United's annual accounts were finally released to the public today by Companies House.
These, of course, are the accounts which cover last season, our first since being promoted back to
the Premiership at the first attempt. As previously announced in a PR statement by the club's
Managing Director, Derek Llambias, operating losses before player [.
As Mike Ashley's current PR offensive continues apace, Newcastle United's managing director, Derek
Llambias, claimed that the club have had some "nibbles" from "tyre kickers" expressing interest in
the club's stadium naming rights offer. In the latest chapter of the offensive, planned on the back
of an announcement of reduced losses in the club's annual [.
Newcastle United are set to announce strong financial results, have settled a dispute with the tax
office and have frozen season ticket prices for 9 years. According to an article in The Telegraph,
Newcastle's results for the 2010/2011 financial year which are due out later this week are set to
show that the [.
In a move which may or may not be coincidental with the kerfuffle over the club's recent stadium
rename, Alan Pardew has told the Sunday Mirror that though Mike Ashley and Derek Llambias have put
the club in a much stronger position finacially, it still needs to bring more sponsorship in. He
also added that [.
"All this was inspired by the principle which is quite true within itself that in the big lie there
is always a certain force of credibility; because the broad masses of a nation are always more
easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily;
and thus in [.
I was planning to write a follow up to my
To say there's been some opposition to Mike Ashley's rehash of his previously botched plan to sell
the St James' Park naming rights would be an understatement. However as more details have emerged
it's become ever more obvious that this 2.0 version is scarcely better than the previous one, and
it seems more than likely [.
With the news that Newcastle United will be changing it's name to "Sports Direct @ St James' Park",
the Managing Director of the club, Derek Llambias, has sought to reassure fans that the St James'
Park name would remain so long as he and current owner, Mike Ashley "reigned" at the club. Firstly
though, he [.
Of course, Newcastle United have been riding along on the crest of a wave in our first seven games
in the Premiership, with our unbeaten start currently seeing us in fourth. However we also stand in
fourth place in another table too, that of Premiership debt. According to the table compiled by
Deloitte, Newcastle are [.
In my previous blog "The Lesser of Two Evils" many people commented that Mike Ashley has no
commitment to NUFC and will sell up as soon as he gets the right offer. The question that has to be
asked then, is, "How attractive is Newcastle United for a takeover?" If you imagine yourself as a
[...]
Dear reader, my estteemed colleague Hugh has already touched on this story earlier today and
presented his own viewpoint on the matter. However, I am so incensed that I also feel compelled to
register my extreme displeasure at the latest utterings of our unesteemed Managing Director, Derek
Llambias. In case you are still wondering what [.
Has Mike Ashley reduced Newcastle United's debt? Hmmm. Well, it has been several months since
Newcastle United published their last set of audited accounts at Companies House (March 2011), and
that was for 2009/10. However, at that time it did appear as if the debt had actually risen
somewhat, though it is hard to deny [.
I've spent much of the morning nursing a hangover after yesterday's debacle, and trying to organise
my thoughts and come to some decision on what on Earth happened in the past few months. Like all of
you, I'm racked with disappointment, anger, frustration but most of all betrayal. We pay our hard
earned cash for [.
A look at Newcastle United's financial situation to see what Mike Ashley really has done for the
club. One of the things we often hear is that, even if he has no other redeeming features, at least
Mike Ashley is sorting out the finances at Newcastle United. It has become something of a mantra
for [..
What is Newcastle United owner Mike Ashley up to and is it time for him to let us in on his plans?
Mike Ashley still divides opinion at Newcastle. Some people like him and think he's good for the
club and others hate him and would have him hogtied, marched to the Bigg Market and [...]
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 £48,700,000 in the club's transfer dealings for the
08/09, 09/10, 10/11 and the current [.
The transfer market is a strange and sometimes scary place, with confusion abound by exactly how
much money we apparently have, others have the knowledge only provided by Football Manager and FIFA
and you'd be surprised how correct that actually is. The long and short is, we have never had £35m
to spend never.
Venue: St James' Park, Newcastle. Date: Thusday 30th August, 2012. Kick-Off: 8:00pm. Referee: Stephen Studer . UK TV: ITV 4. With the sides evenly matched at 1-1 after last week's first leg Europa League tie in Athens, Newcastle United entertain FC Atromitos at St James' Park this evening to determine which club will take the [.
Venue: St James' Park, Toon. Date: Thusday 30th August, 2012. Kick-Off: 8:00pm. Referee: Stephen
Studer . UK TV: ITV 4. With the sides evenly matched at 1-1 after last week's first leg Europa
League tie in Athens, Newcastle United entertain FC Atromitos at St James' Park this evening to
determine which club will take the [.
It seems that Newcastle United have somehow managed to pull off yet another sponsorship deal with
sportwear giant, Sports Direct, this time for the club's training kits. This adds to the company's
existing sponsorship of St James' Park stadium, the pitchside hoardings, the roof, the walls, the
players' tunnels, the dugouts, the Benton training ground, [.
Newcastle United manager Alan Pardew has once again being talking about the club's budget. Alan
Pardew has gone on record again to say that he understands the budget he's operating under at
Newcastle. In an interview which broadly echoes one he made earlier this week Pardew said: "I do
think that the clarity of the [.
It's probably a demonstration of how far we have come in such a short space of time that some
United fans have been decidedly grumpy following the recent setback at Tottenham. That's
understandable. However it's a very short-term view of a one match blip, in what has otherwise been
a highly successful season so far, [.
Newcastle United manager Alan Pardew has indicated that a huge amount of fees go to agents for
transfers and such, but just how much classes as 'huge'? One of the things I picked up on in
Workyticket's transcription of Alan Pardew's interview is that he (meaning Alan Pardew rather than
Worky) claimed we pay huge [.
Speaking to The Telegraph Newcastle United Managing director, Derek Llambias has said that
Newcastle United now have the players that they wanted thanks to acting early in the transfer
window, and once again reassured fans that not a single penny of Andy Carroll's (up to) £35
million transfer fee has left the club.
"We do not want to put prices up. People might say we have put membership up on the season tickets.
But that is going straight into the Academy. It was discounted for the first year but that is going
into the Academy because we need to find the money from somewhere." Said Derek Llambias defending
[..
Today we have a rather startling and a little bit of a confusing decision made by the club. In
order to go to away games, you must be a club member or a season ticket holder. The justification
for all of this is the events that took place at the Darlington friendly which we can [...]
Due to my laptop contracting a rather unfortunate illness, it had been difficult to write about
some of the recent events conspiring at the Sportsdirect.com@stjamespark stadium. Nevertheless,
being British I shall try to prevail when no hope seems assured, put the kettle on, and soldier on
with some recent thoughts I have had this past [.
