scoobos

depends dunnit, on how much he charged, and also how much of that profit is being put into Republic , or one of the shatty manufacturers he's bought. I'm not saying its exclusive between NUFC and SD, this guy owns tens of companies, including the manufacturers who provide his stores with product. Unfortunately, its perfectly acceptable for him to spread his "Profit" from SD across all his little subsidiaries, if Tescos can do it with 100's of millions, then I'm pretty sure Ashley can. I'm a bit shamed really that I'm apparently so off the mark, as I've dealt with running businesses and taxes and accountancy for nearly 10 years now. It's like Tesco's for example, they announce profits, push out the divvies and then somehow manage to "invest" that money in some warehouse in Indonesia and therefore reduce their liability. Quarterly profits and Annual profits often don't match, like starbucks another example 2 mil quarterly profit, but when it comes to return time, there is no profit as the monies have been invested into other subsidiaries. I saw the relationship between NUFC and SD as the same. I'll leave it though, as although you do, I don't like washing my dirty laundry in public, especially if I'm losing face.

This is where I struggle to understand Ashley as a shrewd business man. Expecting to get back his investment sure, but if he's loaned the cash, that loan transfers when the clubs sold right? so all he really needs back is the cost of the club and then his loan. I mean, if he really wanted , he could put an interest rate on those loans of whatever he wants, sell the club and cream it for years. There are also all the benefits he can't quantify but are there, like the Sports Direct advertising, the increased media coverage of his businesses etc . I think he wants PROFIT not to break even.

I wish we had a PM system to discuss this between us. In my mates company which turns over a considerable sum, he saves loads by "investing" in his Plan B company. Any spend on expenditure is out of profit and therefore he saves on his Corp tax bill, I seriously don't understand why its not the same. In my little company, anything I spend on expenses for marketing comes out of profit too, so I do save corp tax on that as it would be profit. But , we don't have a PM system and I've made an arse out of myself enough in the past few weeks. That said, I'm off to Cayman in 1 week, so tax isn't a worry anymore thank fook <smug mode>

Converse to those that think protests are pointless, I reckon not renewing is pointless, as there are always going to be thousands of fans who couldn't get season tickets who will snap them up hoping to keep them for the good times years down the line. So Ashley will feel nothing. For all I think about the destruction of the club, I still see turning up on the match day as a special thing. My first days as a toon fan was being brought up to Newcastle with my best mate and his dad and sitting through endless defeats and shite matches in awful weather but still shouting them on (mid to late 80's for years was poor). I went to 11 away matches last year and even that still brought back the excitement of St James. What I'm trying to say through ramble is, even when we are living through this, as much as you want to, you will still yearn for your seat if you throw it away, or I would anyway. Protests and damaging that twats ego so much he just ups and fucks off is the only hope I have of hurting him. You'll never see me in Republic or Sports Direct, which is what I think he really cares about - but turn down a match day ticket, no way - even if we get drubbed tonight I'll still get something out of it . Shame you poor fuckers have to put up with my whining afterwards and before though

You know what, I really didn't think I wrote that. The paranoid side of me still thinks I didn't. But, that said, sorry ewerk, I apologise unreservedly. I'll wind my neck in a bit now. I still reckon he's tax dodging tho, wont budge on that, but we will only see when the financials come out for the Wonga takeover.i reckon we'll see a big charge to SD for that sponsorship deal.

Good read again, where do you get all this stuff from???

To get back in victor Mildred character, I'd worry that if he goes to arsenal it will make pardew look terrible, cabaye will shine in a team like arsenal and fingers will point as to why pards couldn't get the same level from him. In normal circumstances that might not be a bad thing but given that we wont get anyone better or god forbid we'll get Joe.

Why after being such a miserable sod all summer am I excited for tonight? Ashley can't kill me off completely!

Bit late posting on this one, but the stat based post by Tom? Was eye opening, on paper even though he had a "bad year" he still performed quite well on paper. Ill be sad to see him go, but my personal view is that he hasn't looked happy for a long time now and there's no point carrying someone who isn't fully into the team.

No need to apologise mate, you are the rant Ying to my rant yang. I've ranted my fingers off this season break. I say relegated you say top 4, hopefully we'll have something in the middle.

There are more games than city, but yeah tbh I wouldn't mind him getting 30 mins or so if we are in an unwinnable position.

Wasn't the reason for his dismissal the fact that he made a public announcement that he wanted away if the team didn't progress?

Yeah, what I mean to say though, is that if he cant get a competitive chance now, when we are short.

I would have liked to see him get his competitive chances with us, given that we have limited options up front. From the limited stuff I've seen of him, he does seem to have some standout qualities already, I like his attitude, positioning and speed - but haven't really seen much of him on the ball. At least he'll be playing though.

I'm sad to hear that fella. It was like that back in the ossie days but things can turn around, but I do agree with the sport being broken, its been commercialised far too much. That said, I boycott everything Ashley related , which is ever bloody growing (Sports Direct have pretty much killed off most competition, and now he has Republic too right?) But I still go to every single match I can get a ticket for, just out of nostalgia and loyalty really. As soon as I take my seat in St James' , even when we are shit, I get this boyhood feeling of happiness and excitement.

I need the tune, can't work it out. Cabaye's already gone mentally imo. Hasn't been here for half a season now really.

hahaahah, really, where did that rumor come from? All I really hope for, is that Anita, Sissoko, Arfa , Colo , Krul all have good seasons, settle together and don't get injured. That will keep us up and you know, we could challenge for Europe again with an injury free season, its just a big ask. Surely that would be enough for Ashley to get enough money out the club to sell up and fook off.

Ashley likes a gamble, someone mail him this, maybe he'll put 100k on it and put Mbwia up front

I could argue all day on this one, but its born of frustration really. It is funny though that we have so called accountants saying that if you cross charge across sister companies that it doesn't save tax.. I got my founding though, from a newspaper article saying it was a 1.8 mil deal in the guardian; so only this next year return will really show anything. Just because there was no charge in last years, doesn't mean he cant charge 2 mil for a weeks advertising if he likes, he controls the payment plan after all. anyhoo, I do know that its not very wise to take frustrations out on an internet forum, it just riled me with the "2 years" comment being thrown in by you, ewerk, not me. Then we've got MT fully expecting 2 more signings, and I've only ever heard anything positive about Wonga from toon fans since we got sponsored by them. its madness imo. Back on topic, is there any article anywhere that says why the guys think they didn't get bent? It seems a bit scary that we can't get him, given where hes gone on loan.

Like a few others on here, I have this weird feeling that it wont be as bad as many fear. Man City are under a bit of pressure to make an instant impact , if we set up ultra negatively (like I reckon Pardew will) we may get a point out of this one. Fingers crossed.

This is exactly what im talking about and it is defensive. I never mentioned 2 years, you did, to debunk that more money comes in than out in transfer revenue Nufc charge sports direct for the advertising, thus reducing the proftability of sports direct and saving 20% due on that profit, which would have been subject to tax, while Newcastle "breaks even" as Ashley takes out his loan repayments. Its been media covered all year about linked companies offsetting profit this way, a la Starbuck etc. Ant responds with "nonsense". Opinion polls on here aren't worth much either, I voted keep pards on his thread and its been doctored totally hasn't it? That, for me is defensive.

Mint line, I'm stealing that one !

Rofl great line that. Agree totally but I really hope he does well just to spite Ashley

Hey, no idea. Even the internet cant help me with that one

I wouldn't complain, its been far too long now since he looked like anything near good enough. We need to buy in first though, but I suppose you could say we are strongest in midfield anyway. I just don't think that marveaux is good enough either.