Kitman

I hope you said after he'd finished "And now my work here is done, muhahaha!"

no shit, he's a fucking awful ventriloquist as well. The negotiations must be interesting Glazier spokesman "We're not reducing our asking price for the club." Orville "You take your asking price and shove it up your arse!" Harris "I'm sorry about my little green friend, he doesn't represent my clients. He's not been sleeping well you know...."

I don't know what he expects to achieve with this claptrap. Does anyone believe their lies anymore? He'd achieve more by keeping his mouth shut and getting on with it.

As the saying goes, when he opens his mouth it's to change feet

Sad but true I reckon

This. Can't stand him, never rated him, he's with the perfect club imo.

Indeed

Yeah, I find that a bit daft. Although if he was going bald and grey it would explain the loony hairstyles

And is also a highly unlikely outcome, that's the problem. The ridiculous statements from Llambias prove that Ashley has learnt fuck all. As others have said, if Ashley admitted that LLambias is a know nowt tosser, sacked him immediately and appointed a professional CEO who actually knows how to run a football club (and I don't mean Ridsdale), it would be a start. Persisting with that casino creeping twat is one of his bigger mistakes imo.

If you own 100% of a company and loan it money on favourable terms, you are bearing all the risk and reward of that loan- really it is equity. Its a more tax efficient way of doing it and puts you into a stronger claim on the assets in event of administration or liquidation, but whether Ashley creates more shares in the club or puts it in as a loan the effect on the business is broadly the same. A buyer valuing the business would do so on the basis that these loans are nil and would factor the lower debt figure when valuing the club. You would always assume that shareholder loans would be dealt with as part of the overall sale price. Considering the amount on-loaned from SJHL to NUFC the loans are worth more than NUFC as a business unit (ie NUFC is negative equity) and it's hard to see that situation being resolved any time soon. So Ashley can't expect the loans to be repaid for a lower value of his shares- he'd have to be paying someone for taking the shares off him in that scenario! Your post is quite hard to follow, but I think I can see what you're saying now. If the value of the club is less than the shareholder loan, then no purchaser is going to repay the loan and buy the shares. I can follow that (if I've got that right); in my post above I was assuming that the worth of the club would be more than the shareholder loan, so you just repay the loan as part of the deal to buy the shares. If the shares are worth less than the loan, then any purchaser would demand that it's capitalised or written off as part of the deal, I can see that.

You've lost me there, Matt. I assume these are real loans that Ashley has made to the club? It makes no sense to write them off and boost the net worth of his shares - surely it's much more tax efficient to have the loans repaid to him and accept a lower price for the sale of his shares? Even if the shares are worth less than the sale price, he'll get a bigger capital loss that way...... Please explain what you mean.

So prospective buyers are going to expect Ashley to write off 100million? unfortunately that is the true cost of Newcastle United, Shepherds overspending followed by relegation doesn't come cheap. When/if we are bought out we will have large debts to MA. It's quite simple. Any prospective lender would repay the debt to Ashley - Ashley would most likely require this as part of the sale. No-one would expect the loan to be written off. The money to repay the loan could come from the club or the buyer, but obviously the club would need replacement funding from somewhere if it repays the loan. This sort of issue arises all the time with buying company shares, it's nothing unusual. If the debt is repaid the interest rate on the debt is irrelevant. The key question is same as it ever was - is the price demanded by Ashley for his shares reasonable or is he taking the piss?

So does Wayne Rooney. I refuse to believe that none of the big European clubs that all the players have played for have Doctors that wouldn't have picked up on this. Most of the article seems to be heresay to me. I assume the doctors can only tell so much from non invasive tests. I agree about the hearsay and I don't think the article's credible in the extent of its claims; however I wouldn't be surprised if a few years were knocked off in some cases by unscrupulous agents to make a player look like a world beater. I doubt it's limited to Nigeria (or Africa for that matter) either.

Don't suppose you could say I'm gonna get a blow-job tonight, cudya? Then again, thinking about it, I don't really want one It might also depends on who it's from.......

I miss Stevie. At this point he would have produced a half pager of attendance statistics since WWII to prove all Spurs and Everton supporters are cunts......

Maybe a bit exaggerated but I can believe the gist of this. Martins always looked way older than his official age to me.

Can't say I'm disappointed at Owen's situation

Joe Harvey eat your heart out, here's Chrissie Hughton....

its not even that though, they're under a very real threat of not existing at all anymore, would I accept NUFC winning the FA cup for us to not exist 2 years down the line absolutely not Fair point but personally I don't think anyone will let Pompey go down the gurgler. Too much money to lose if that happens.

Plan? What is this plan of which you speak?

All the best

Complete and utter madness. But consider this: would you trade a lifetime of being also rans and make weights for one glorious moment in the sunshine, watching your team lift a major domestic trophy, in the certain knowledge that it would send the club down the shitter a year or so later? A brief and intoxicating taste of glory at new Wembley, warming your cockles on many a cold winter's night, although you know you'll watch your club ripped to bits by faceless accountants and bankers? Tough choice for me. I'm 42 and I doubt whether the toon will win a major trophy in my lifetime. I wonder how many Pompey fans would make that pact with the devil and do it all again, for that one sweet moment?

Winning this league means nothing. Going up is the only thing that matters imo.

That would be the Western governments who needed a new bogeyman - you really need to watch The Power of Nightmares. So the "bogeymen" who commited Lockerbie, 9/11, 7/7 and the failed exploding undercrackers are figments of my government fuelled imagination, ah ok thing is it wasn't the fundamentalist clerics that deported him/them.......it was his/their own government Weren't these people deported from overseas territories though? I didn't think the basis of the lawsuit was that they were deported from Britain......I thought they are suing the British govt for being complicit in their detention in Guatanamo following their seizure overseas by the CIA? Apologies if I have that wrong, I can't be arsed to read back through the thread......