Kitman

Shame. Glad I didn't see the end

Geddin!!!!

"watching" on BBC live text. Sounds like we're lucky to be at nils atm

HTL

Jeez

The only way I can see us winning this is keeping it tight, luck of epic proportions, and the ball going in off Williamson's arse at a set piece when he's looking the wrong way. Still, I hope you're right.

I notice Brewce is suggesting he got the boot from the mackems for being "too Geordie". No mate, you got the boot for being too shit.

I'm praying you get that job otherwise I fear a Raoul Moat type episode is around the corner..... I just had a verbal offer of the new job. Its a blessing. I told some steelwork guys they had bits of steel in the wrong place in the meeting yesterday. Looked through some correspondence today, turns out my gaffer moved it to where they had it and didnt care to fucking tell me! Well done mate. Aaaaaannnd relax!

I'm praying you get that job otherwise I fear a Raoul Moat type episode is around the corner.....

You can't be that naive? It's a very carefully planned call to all the big clubs to get their bids ready He's said this before and so's Pardew iirc. So what? He's a stupid twat, we all know it already. But at least quote him directly.

Baggio already started a thread on this. Incidentally he's not actually said players WILL be sold. He's said we'll lose one or two faces, it's not the same thing at all. We've got at least 2 players whose contracts will expire, Smith and Lovenkrands. What he says about Tiote is alarming, but again he's not saying he WILL be sold, he's saying he may have to be sold if a big club comes in with the right offer.

It's certainly true our bench isn't strong enough. Our squad is already small imo but not good enough, there isn't enough competition for certain places, particularly in defence. Not sure we could afford decent back up to all our first teamers mind you.

It didn't need saying that everyone's for sale at the right price. Wish he'd keep his trap shut tbh.

I now avoid any film with Cage in it. He's turned into a parody of himself. Apparently Ghostrider was particularly bad but nearly every film of his looks like a turkey these days

Aye, but a fair whack of those losses where down to him creating the instability that saw us relegated, and the rest he inherited on the back of not undertaking Due diligence? Don't see why the supporters should cover his mistakes I think he's entitled to get his loan money back at some point but I'd prefer it not to be at the expense of the team. This summer could be pivotal in that sense imo

* Puts Kitman on Ignore *

* Puts trophyshy on Ignore *

* Puts Brock Mason on Ignore *

As no doubt a certain *ahem* rotund former shareholder figured out Thanks for the info Matt, more interesting than HF's fecking graphs

Ye Gods, 51 years old and he's only managed to spell 2 words out of 6 spelt correctly. And one of them is 'a'.........

He doesn't have to sell his shares anyway- he can just pay a dividend out and get a return that way. Either way, he'll only really get his cash back when the club is eventually sold. At that point the loan is irrelevant. It's the same choice between buying a wallet for £50 or the same wallet for £100, but it's already stuffed with £50 in notes. Same deal. Yeah, you're right, I wasn't thinking about dividends. I suppose there's a limit on what dividend you could pay if the company's making losses....

But the loans are interest free aren't they Matt? So isn't this really about getting your money out easily? Or do you think he will charge interest in the future? In any event I assume charging interest on shareholder debt would only make sense if the recipient of the interest is either in tax losses (or can access them) or is sitting in a tax haven (otherwise in an overall sense you've just transferrred tax to your parent co). If it's the latter I assume they'd have to pay withholding tax on interest payments anyway? And I vaguely recall you don't get anywhere with offshore companies these days if the ultimate owner is UK resident (which is why the likes of Philp Green are resident in Monaco). Hey ho. It's been years since I looked at UK tax.....

How is it tax efficient Matt? If there's a simple explanation...... Tax efficient or not, at some point he is going to want that money back and I'd wager NUFC will pay a high price when he does. Lending the money means he doesn't have to sell his shares to get his money back. As a fan I'd far rather he got paid back when he sells up and the money go to fund the team instead. But he's obviously entitled to have his money back at the end of the day, he gave it to the club to fund its operating losses in the first place.