Toonpack

Can't have helped, those that did due dilligence ran away. The subsidy is down to the fact we were literally brassic.

No. Ashley knew about the debt (and lack of future income) and it was taken into account in the purchase price. He knew the debt was there, but I'm not sure he realised that the loans and overdraft etc had to be repaid on change of ownership mind.

Link/evidence please, he's putting in (or has been) not taking out. That "will" change in the summer (one way or the other). ashley's shafting us by receiving big money for players and not reinvesting it in the squad. isn't that obvious? do you honestly expect to see the 50m net profit he's made from player sales reinvested? i don't. i don't even expect him to invest the kind of cash most us us would be happy with - the going amount needed to assemble a half decent squad in other words. he hasn't done it so far, why would he change all of a sudden? It's not obvious no. Far from it. If he'd spent the transfer surplus before now, he'd just have had to cover it out of his pocket on top of the circa £20 mill he's been putting in a year to cover the existing operational costs (even with the surplus coming in). This summer (because of the Carroll surplus) we can spend (for the first time) without him dipping further into his own cash, that's a BIG difference. Whether he will or not remains to be seen. Someone lending circa £20 mill a year at zero interest is hardly "shafting". If we were running at a loss and he was a net "taker" as opposed to a "giver", that's shafting. fuck me. you sound almost happy with the way he's running the club. you make it sound like we should be grateful for him bailing us out. he's only got himself to blame that he didn't do due due diligence he's a billionaire man. the fact that he hasn't dipped into his own cash at all to help fund our transfers tells you everything you need to know about his ambitions for the club. Name any owners/benefactors that do, or have, without charging high interest (outside the Russian or the Sheik and Al Fayed, who's in for £207 Mill (interest free) at Fulham but "only" £83 Mill of that is not secured against assetts). He's put circa 25% of his wealth in (interest free), to keep us a going concern (and yes I know it'd probably have been about 20% if he wasn't such an eejit). Really, why should he put in more ??. It would be nice, admittedly, but why should he, especially seeing crap he gets.

Link/evidence please, he's putting in (or has been) not taking out. That "will" change in the summer (one way or the other). ashley's shafting us by receiving big money for players and not reinvesting it in the squad. isn't that obvious? do you honestly expect to see the 50m net profit he's made from player sales reinvested? i don't. i don't even expect him to invest the kind of cash most us us would be happy with - the going amount needed to assemble a half decent squad in other words. he hasn't done it so far, why would he change all of a sudden? It's not obvious no. Far from it. If he'd spent the transfer surplus before now, he'd just have had to cover it out of his pocket on top of the circa £20 mill he's been putting in a year to cover the existing operational costs (even with the surplus coming in). He may change "all of a sudden" because - This summer (because of the Carroll surplus) we can spend (for the first time) without him dipping further into his own cash, that's a BIG difference. Whether he will or not remains to be seen. Someone lending circa £20 mill a year at zero interest is hardly "shafting". If we were running at a loss and he was a net "taker" as opposed to a "giver", that's shafting.

Link/evidence please, he's putting in (or has been) not taking out. That "will" change in the summer (one way or the other). Villa, Have circa £100 Mill debt, of which just over £84 Mill has been lent to them by Lerner (via the 5 "holding" companies that wash his/Villa's money) he charges LIBOR +2% on the loans, he takes out sums equal to 15% of their turnover each year in interest, all his loans that haven't been to cover operating costs, have been invested on the field though, nothing on the ground or training facilities etc. Spurs - circa £60 Mill net debt, £15 Mill revolving loan with HSBC, £30 Mill with BoS plus £25 Mill of loan notes at 7.29%, but they had £11 mill cash at bank (at the time of those figures), debt was incurred to develop their training facilities (and that's what the loan cash is secured on). By and large they operate within their means. Liverpool - Debt HUGE but they turn a profit and can service it (so far) their "net" spend of late (January) was zero. The new top man says: "We've always spent money we've generated rather than deficit-spending and that will be the case in Liverpool,'' BTW their wages/turnover ratio (as far as I can find) is circa 56%, which is pretty low for the Prem.

Hd a leaflet through the door at home about a street party, methinks I'll be stopping up in Aberdeen that weekend.

No Pud, no more last chances. This is it, the defining moment - well the summer is, the club now has money that it could spend and it now needs to. If the club doesn't spend heavily and he reduces the debt instead, then his "strategy" is to position the club for a sale by reducing his debt over time and gamble on staying in the Prem. We'll see. Going to be interesting how much "net" Liverpool spend this summer as well, especially if they miss Europe. (and Spurs for that matter). The Platini rules clock starts ticking on 1st June.

I'm not really disagreeing with your fundamental underlying point here but let's not make out that their owners went and spent £57m of their own money. They reinvested the £50m they made by selling Torres and then paid a little extra. They got another £8 mill or so for that dutch (I think) winger/striker who's name escapes me.

QFT I might as well save us all the hassle and code this into the forum. Anytime someone posts a transfer related thread, post this as the answer and close thread. Job Done. That may be true, but to borrow a verdict from Scottish Law, it's not proven. Could be in the summer though (or not). i will happily do a merry dance in fenwicks' window with my arse hanging out if you are right. everything we have seen so far suggests we will see a small net spend, if anything. this cunt is bleeding us for every pound he can get. he isn't going to blow £50m net all of a sudden - let alone a more modest figure that most of us would accept. obvioulsy i would love to be proved wrong but there is nothing to suggest he's going to do cuch a radical u turn on previous transfer windows is there? we just need to accept where we are until someone buys this cunt out and hope for best. he actually got lucky after relegation by stumbling across hughton and unearthing a couple of bargain buys. he's done his best to fuck things up since like by sacking hughton and making mroe net profits in transfer windows and that luck won't last for ever. for every tiote at 3.5m out there, there's an amdy faye. Well he's doing a crap job at that so far (amongst his other failings). He's been transfusing "in" not "out", thus far anyway. I'll see your Amdy Faye and raise you an Albert Luque or an EMO even.

QFT I might as well save us all the hassle and code this into the forum. Anytime someone posts a transfer related thread, post this as the answer and close thread. Job Done. That may be true, but to borrow a verdict from Scottish Law, it's not proven. Could be in the summer though (or not).

Brie Willy, French language movie about the dangers of not washing yer knob.

That's what I mean from the American Sports I only know 5 ever, bakabaal, gridirons, ice hockey, and what's the other sport they play it escapes me now. There is another one these mugs play that's popular. Baseball. I did enjoy 'Field of Dreams' to be fair. (15 to 67 in a sentence). Aye Baseball. There's another name that's hit me for some reason "Tony di Maggio", I donno who the cunt is but his name rings a bell. What's that other one? "Lion Woods" or something. Couldn't pick him out of a line-up mind. I've thought of another one. "Adobe Brian". Think he plays netball or something. There's that skater bloke an all Dwayne Jetski, I think

Anyone who kills another person, in those circumstances, is a sub-human specimen if ever there was one.

Its just being sensible with it more than anything. I bet they get endless amounts of abuse off other users though which would fuck me off. The difference is you are not a thick, left school unable to spell psychology, nobhead, like Danny Simpson. He'd be living a life the equivalent of the Chatsworth Estate if he wasn't a reasonably gifted player. What he did the other night was the most dense thing I've seen since Steven Ireland said his nana was dead when she wasn't, and the best thing about it had nothing to do with Simpson. It highlighted wankers for me, people who haven't got a clue. People I know who have been going to games for years look down their nose at many toon fans, and I do, always will because this is what we're left with now because of globalisation. Clueless cunts. People like me were the face of toon fans 20 years ago, we're left with fuckin basically gimps now the youth coming through. Terrible how plastic people are these days. I do look down my nose at most though, I hope that offends people, I go to games I look round I think oh dear, thats at games never mind in pubs but on the internet its 100 times worse, and I'm not alone in thinking like this. Superb

Sad but true, and yet another idictment of the modern game. He needs to go on loan somewhere next season and get games.

Revenues, on their own, mean fuck all as has been pointed out a million times. Even if we raised revenues by £20 mill a year (how likely is that) we'd still be £10 mill a year short JUST to cover operations (as at 2007). Where'd the £100 mill lump we needed come from?? And the second bit, we'll see in the summer, what his real aim is, but yes IMO he's a better owner, for no other reason than he's got the financial clout to keep the thing going (with his own money). You still don't get it do you, I don't like the bloke in the slightest Third bit, three of those years were filling in the hole certain persons had left behind, the fourth year is looking likely to finish better than 50% of the time under the previous regime on the pitch, financially even more so than 50%, so yes he gets to the summer because the club now has money. we/you should really let this go for the sake of the others on the forum. At the end of the day, the Halls and Shepherd have been by far the best owners we have had at NUFC for half a century, they left the club a million miles better than where they found it, they saved it from administration, they transformed the stadium which everybody else had failed to do for 80 years, they made us one of the top clubs in the country. The ball is firmly in Mike Ashleys court to take it higher, unless he does that, then you CANNOT say he is or has been "better". This is the bottom line. My opinion is that he won't. Yours is - well, you aren't going to tell us, because your hatred is getting in the way of any sensible conclusion and you won't make the prediction that you would like to make, partly because you know it won't be proved correct in the long run. As for wait until the summer ? Bollocks man. He's had 4 years, there was no need to sell Carroll, they KNEW he was going and waited until the last moment to pull the wool over the eyes of people like you. One thing I would like to add before I go out, and I AM leaving this thread now, is when you refer to me [and 50,000 others] as being "done", I don't consider that to be the case at all. I pay my money and watch this team hoping to see top quality footballer and the club doing its best to compete at the levels it ought to be, hopefully to win a trophy. I only consider myself to be "done", when they don't make the effort and sell the club short, like Ashley is doing, but I'm still renewing my 3 year season ticket at the end of the month. Now THAT is well said. I don't agree with a lot of it but we'll leave it there.

Of course it was secured, as was all our debt to the point where everything we had, or were likely to have was spoken for, our liabilities exceeded our assets, which means (in the real world) you can't borrow any more. How hard to understand is that, eh ?? Please tell me how we could borrow more money?? Think of a house with negative equity, then try and get a new mortgage Edit - don't quote this, don't comment, you are beyond redemption. Why don't you disect and destroy my take on your book ??? so where do you think your man will have us competing in 5 years time ? For the champions league places alongside the likes of Spurs and Liverpool, or playing the likes of Stoke and Wigan in relegation battles in front of a half full stadium ? The former, which is significantly better than what we faced if his wallet hadn't come along. Any idea where that cash we needed would have come from yet ? well, as has been pointed out, raising revenues [rather than cutting them] wasn't a problem for the ex owners, but they were "shit" in your view weren't they ? Maybe they did a better job than suits you to admit Anyway, just to clarify this point so their is no misunderstanding - If in 5 years time, we have done nothing other than fight relegation fights, have never qualified for europe and are firmly seen as a selling club because we sell our best players, playing in front of thousands of empty seats and maybe even giving free tickets away like the mackems did under Bob Murray when we laughed at them, you will still cling to your "opinion" that the Halls and Shepherd were shit owners and Mike Ashley has done better than they did at the football club ? Edit. Oh sorry....he's had 4 years already, but you are giving him until this summer aren't you Revenues, on their own, mean fuck all as has been pointed out a million times. Even if we raised revenues by £20 mill a year (how likely is that) we'd still be £10 mill a year short JUST to cover operations (as at 2007). Where'd the £100 mill lump we needed come from?? And the second bit, we'll see in the summer, what his real aim is, but yes IMO he's a better owner, for no other reason than he's got the financial clout to keep the thing going (with his own money). You still don't get it do you, I don't like the bloke in the slightest Third bit, three of those years were filling in the hole certain persons had left behind, the fourth year is looking likely to finish better than 50% of the time under the previous regime on the pitch, financially even more so than 50%, so yes he gets to the summer because the club now has money.

Of course it was secured, as was all our debt to the point where everything we had, or were likely to have was spoken for, our liabilities exceeded our assets, which means (in the real world) you can't borrow any more. How hard to understand is that, eh ?? Please tell me how we could borrow more money?? Think of a house with negative equity, then try and get a new mortgage Edit - don't quote this, don't comment, you are beyond redemption. Why don't you disect and destroy my take on your book ??? so where do you think your man will have us competing in 5 years time ? For the champions league places alongside the likes of Spurs and Liverpool, or playing the likes of Stoke and Wigan in relegation battles in front of a half full stadium ? The former, which is significantly better than what we faced if his wallet hadn't come along. Any idea where that cash we needed would have come from yet ?

Haven't been in the Berkley for years (and I mean probably 20 years), was canny when it was a biker bar mind, all them years ago. I used to play for them when I was a whipper snapper 16 to 19 94-97. Horrible league that Port Of Blyth league. Fuck all like geordies up there, total heed the baals. Blyth is somewhat "different", I agree.

On the bright side, he can't spell gherkins.

Are you just having a peek into that can of worms or are you going to take the lid right off ??

What a twat Quinn is, he despises them for going to the pub and makes fun of it when one gets seriously hurt. Shocking tbh

Haven't been in the Berkley for years (and I mean probably 20 years), was canny when it was a biker bar mind, all them years ago.

Cannit really dissagree with any of that except, for the money I wasn't gutted at all Carroll got shipped, pissed we diodn't have a plan B to a point though. Additional lows, them bloody very late goals we gave away.

Tevatron eh? deffo a baddies name that, have we got a good particle accelerator to fend him off ??