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Everything posted by manc-mag
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This sounds very close to you suggesting bankruptcy is an acceptable part of football? Follow his logic, it's utterly horrible: On the one hand it's fine for clubs to go into administration/bust, it's just what happens and they come straight back. It's a mere technical procedure. On the other hand (the very next sentence) Hall and Shepherd 'saved' NUFC from administration/going bust etc etc...in this case if it'd have happened instead of Hall and Shepherd's intervention it wouldn't have been a mere technical procedure at all, it'd have been a cataclysmic event. The same cake-and-eat-it tripe he's been force feeding us for years. Basically yes, a club can go bust in the worst case scenario and then something similar can start up again. Why would a bloke who's bought an asset for £100's of millions want to do that though? Yes the supporters might, but they're not in it for the thick end of a quarter of a billion each. This is an argument that applies only to an ownership that have acquired the company for buttons and owe tens of millions. Yes, in that case of course it might be preferable to go bust and sack your creditors off. That's what operating behind a limited company allows you to do. The last lot might well have contemplated it if they'd been around when the banks nearly fell. Why would you do that if you'd bought it for £100's of millions though and could operate it so that it paid off its debts and might still possibly be able to recover your outlay at some point in the distant future?
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How do you feel about St James' now compared to in the past
manc-mag replied to ajax_andy's topic in Newcastle Forum
He had that racing car branded up too. -
How do you feel about St James' now compared to in the past
manc-mag replied to ajax_andy's topic in Newcastle Forum
I don't think Gateshead was ever a serious one like. It was more just John Hall's reaction to Castle Leazes getting stuck in the bureaucratic mire as Stevie* says. *SLP (sorry) -
How do you feel about St James' now compared to in the past
manc-mag replied to ajax_andy's topic in Newcastle Forum
The full SOS including their 2001 add on cost £22m. The SJP redevelopment cost £120m from 93-2000. The Castle Leazes ground was for a capacity of 55,000 initially with the option of extending to 70,000. That's it aye-wondered why I couldnt remember a finite figure, it's cos it had the ability to extend. I'm surprised the Mackems ended up £22 million after the add-on, I could have sworn it was only £6 million for the initial 40,000?? -
How do you feel about St James' now compared to in the past
manc-mag replied to ajax_andy's topic in Newcastle Forum
What was the Leazes development capacity top whack? 60 k? Or was it 65k? Not that much more than SJP got to in the end and not anything we ever ended up needing tbf. Ours redevelopment cost a fortune like given the topography. Didnt the Mackems get a 40,000 seater (as was) for all of £6 million? We paid £45 million for an extra 16,000 seats. Their's is made of Anderson Shelter cast offs like obviously. -
How do you feel about St James' now compared to in the past
manc-mag replied to ajax_andy's topic in Newcastle Forum
You can't beat it for location. Unrivalled in English football, so relocation would have been even more of an issue for us than other clubs imho, in terms of losing one of the club's true virtues. That said the proposed move wasn't far at all Andy (Leazes Park). -
***Official Mike Ashley Euro express thread***
manc-mag replied to Baggio's topic in Newcastle Forum
I have to say he offended against one of my core principles in transfer dealing, and that's that you buy NOWT from SAF. Hopefully he won't be an unmitigated disaster but early signs show very little to make me rethink my basic tenets. -
Sports Direct staff members hope for 44,000 each
manc-mag replied to Irrelevant Nick KP's topic in Newcastle Forum
Fair play like, that's real capitalism. If you make it you can have it, if you don't you go bust. None of this bankers bonus/football economy bullshit. -
Mods, close this thread.
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We can't all be £100k per year taxi drivers fucking made of Valentines gifts.
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***Official Mike Ashley Euro express thread***
manc-mag replied to Baggio's topic in Newcastle Forum
Good job it's got nee holes in it this back pocket, eh? -
On what proof do you base your suppositions? About 40% proof is typical with Leazes.
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You're reet! I tell you another time it happened, Euro 88 when Holland beat Ireland 1-0 with a late goal, that ball fucking curled, think it was a header from Wim Kieft. Aye the ball was spinning loads though, i.e. it spun off the turf iirc. Think the one manc-mag is on about I think the ball actually swerved in the air. That's the badger. It was actually the Marseille game Stevie was mentioning, which is what must've jogged my memory. 7:51 shows it but there were other angles at the time (from squarer behind him) where it really whips.
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I remember McSwegan scoring a header which I could have sworn curled in the air. First and only time I've ever seen it happen. Wasn't a Glasgow breeze catching it either.
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A few years ago they might have faired ok (around the Laudrup, Gazza, Albert, Di Canio, Larrsson era). The current crop are woeful. Faired well aye maybe 9th/10th even the Celtic team that got to the UEFA Final was not great on paper. When you look through the names we'd have probably have had Larsson but who else then in 2003? The likes of Sutton, Thompson and Hartson were largely failed Premiership players to a degree which is why they managed to get them up there. MON worked miracles, and had their delusional support in a frenzy, they massively overachieved, but hats off to them, beating the likes of Milan and Barcelona. I'd say Rangers 91-93 was the only Scottish team capable of competing for the title here since the 60s. Aye, would agree with that. Right before the Prem money kicked in, basically.
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We shouldnt be worried (from the point of view of going bust) because Ashley won't let us go bust. He's got too much of his own cash involved. Leazes' general point about running clubs til they go bust and then just starting them again as a new company free of debts isn't applicable if an owner has spent £100's of millions acquiring the asset in the first place. It's only a model if the ownership has nowt to lose by folding. ie if we genuinely did have crippling debts when SJH and Shepherd left, and their only stake was £1 million which they'd already recouped 50 times over, that's when you'd elect to go bust rather than finding 50 odd million £ to keep your creditors happy etc. Whether we've got outstanding taxes to pay and that will have a bearing on what money is made available for the team is another matter entirely.
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Brock on fine form this morning.
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Uuurgh...proper PM via public forum stuff that mind. Nothing if not consistent I spose.
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If the 'lucky lady' is going to get as competitive about houses as you anticipate you're probably going to have to do something more commercial than wheel the lunatics around for the rest of your days, like.
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Never had a problem with the ladies With family in Houghton le Spring, I know expectations aren't generally high in the Chester/Hetton/Houghton triangle like.
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Lessons in life from Jonathon here. Lessons in life. Gentlemen lend your ears.
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Went out for a meal last night and booked us a weekend in the lakes next weekend for a present. Do the alpha males on here not understand half the battle is just giving her some ammo to brag to her mates on facebook over? Right, so what did she get you? They're married so her present to him is the same presumably if they've got a joint bank account. Whether she wants to take him to the Lakes or not.
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Nice one Patch Adams.
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KSA can have a bash at it too.
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