NUFC Finances - Recent posts

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Why renaming St James’ Park won’t work (except for Sports Direct)

Newcastle United Blog 13 November @ 03:00 AM EST Blog Details : Related Items
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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 [.

Llambias: St James’ Park name will always remain…

Newcastle United Blog 10 November @ 01:10 AM EST Blog Details : Related Items
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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 [.

Newcastle United: Fourth in the Premiership, but fourth in the debt league too.

Newcastle United Blog 12 October @ 02:03 PM EST Blog Details : Related Items
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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 [.

How attractive is Newcastle United for a takeover?

Newcastle United Blog 03 October @ 09:00 AM EST Blog Details : Related Items
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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 [...]

Mike Ashley’s great charitable gesture to Newcastle United?

Newcastle United Blog 11 September @ 02:31 PM EST Blog Details : Related Items
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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 [.

Mike Ashley – Sorting the facts from the myths, including that debt…

Newcastle United Blog 08 September @ 02:33 PM EST Blog Details : Related Items
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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 [.

Thoughts and reflections of our trials and tribulations

Newcastle United Blog 01 September @ 01:42 PM EST Blog Details : Related Items
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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 [.

Toon finances: is Ashley really our saviour?

Newcastle United Blog 11 August @ 07:00 AM EST Blog Details : Related Items
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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 [..

The minority spoil it for the majority – only season ticket holders to go to away games

Newcastle United Blog 20 July @ 11:11 AM EST Blog Details : Related Items
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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 [...]

Is it time for the unpredictable Mr Ashley to speak to us?

Newcastle United Blog 19 July @ 04:54 AM EST Blog Details : Related Items
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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 [...]

Mike Ashley’s transfer spending currently stands at -£48.7 million.

Newcastle United Blog 18 July @ 04:02 PM EST Blog Details : Related Items
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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 [.

Musings of a Newcastle fan #1

Newcastle United Blog 14 July @ 04:37 PM EST Blog Details : Related Items
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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 [.

Do we pay ‘huge fees’ to agents?

Newcastle United Blog 12 July @ 10:45 AM EST Blog Details : Related Items
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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 [.

Derek Llambias: “We have got the players we wanted.”

Newcastle United Blog 05 July @ 02:04 PM EST Blog Details : Related Items
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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.

Do Newcastle United actually have £35m to spend?

Newcastle United Blog 01 July @ 01:20 PM EST Blog Details : Related Items
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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.

Does Mike Ashley have cruel intentions?

Newcastle United Blog 30 June @ 04:07 AM EST Blog Details : Related Items
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Mike Ashley's '5 year plan' is to create a self sufficient business model, this is the aim for his Newcastle United project. Now, this should be the aim for any business, and especially where football clubs are concerned with the financial rules set to take effect, and the current state of the economic climate.

Newcastle United in the transfer market

Newcastle United Blog 15 June @ 10:54 AM EST Blog Details : Related Items
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Mike Ashley bought Newcastle United to much fanfare in 2007 via St. James Holdings. Opting against doing the sensible thing and lodging a formal bid, he just went out and bought the stocks, forcing the then hospitalised Freddy Shepherd into advising shareholders to sell, sell, sell! Thus came an end to Shepherd's reign of terror [.

Pardew: We can’t match big clubs on wages.

Newcastle United Blog 12 June @ 03:22 PM EST Blog Details : Related Items
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Speaking to North East weekly, the Sunday Stun, Newcastle United manager, Alan Pardew has claimed that the club cannot compete with big clubs such as Tottenham or Liverpool on in terms of transfers or wages. This is something which seemed obvious to many fans when promising stroker, Andy Carroll, was spirited away to the latter [.