Change @ St. James

[peasepud 59]

I see the loans bit in two ways, firstly, it must be nice to buy a toy and not have to pay for its upkeep, bit like getting a Ferrari and lending the petrol station the money to fill it up.

 

At the same time though, if he does lend the club money then its understandable that he should get it back

[Guest Your Name Here]

I call bullshit.

Makes more sense than your absurd tax avoidance idea.

I work for a conglomerate that operates this way, its what most businesses would do. Its bullshit because FF would know fuck all about anything that happened to the business once he was kicked out in July 2007. Were SD "advertising hoardings around the ground, the shit on the facia of the Gallowgate and a prime slot on the sponsor’s backdrop" implemented in July 2007. If no, its bullshit.

He said the information was in the accounts, which it is.

 

And there’s no way that most business get their ‘suppliers’ to provide goods and services for nothing.

Which has been my argument all along, it makes no business sense not to charge for sponsorship. One of the core objectives of a football club is to boost sponsorship revenue. Its part of the core business, along with TV and tickets. Assuming he treats NUFC and SD equally, there is no reason not to transfer cash. He might hate us and just be using NUFC to advertise SD but thats an absurdly expensive advertising campaign. There is also the loss in revenue from those who would advertise in those spaces.

 

He is 100% exposed to NUFC but only part owns SD and its a PLC so governed by all the regulations. By giving away e.g. £5m of advertising spaces for nothing to SD, NUFC's incomes drops from £80m to £75m. If any losses are made here, he bears them all.

 

Even on the basis of all this, i bet you are still going to reply sticking to your point because i called you out for bullshitting. Which you blatantly were.

And that’s where it falls down.

 

If SD were paying anything like the market rate for their blue-chip advertising package you can be sure we’d know about it, but unlike the other sponsorship deals it’s never mentioned. Its fact the only time it’s been raised was when Llambais informed us SD would be showing casing the naming rights package until the end of 09/10. Not at all surprisingly a full season and half later there’s no sign of the showcasing ending and not a word about any incoming money. This is the bullshit and you’re the one buying it. You’re the one making something very simple very complex to avoid a simple truth.

[Christmas Tree 3997]

In a way its kind of perverse that we would rather have a million quid from Poundland and have that plastered everywhere than have our owners other business, SD get it for free, thus making him richer and possibly more likely to be more carefree with his spending decisions.

Edited July 27, 2011 by Christmas Tree

[Guest Your Name Here]

I see the loans bit in two ways, firstly, it must be nice to buy a toy and not have to pay for its upkeep, bit like getting a Ferrari and lending the petrol station the money to fill it up.

 

At the same time though, if he does lend the club money then its understandable that he should get it back

Even it if it was his errors that necessitated the need to borrow money? e.g. not undertaking due diligence and getting the club relegated. Then we are the ones paying the price for his mistakes.

 

There’s no way he’ll be able to sell the club for anything other than a token amount with the debts in place. If he wants to break even the loans will have to be repaid before he sells. The alternative is he writes off about £150m, which I can’t see happening.

[Kitman 2188]

In a way its kind of perverse that we would rather have a million quid from Popundland and have that plastered everywhere than have our owners other business, SD get it for free, thus making him richer and possibly more likely to be more carefree with his spending decisions.

 

I think most people would rather not have tacky SD signs plastered over SJP, especially if we're getting no money from it. That's without even considering whether it makes that much difference to SD's share price or MA's attitude to spending his money. Which it probably doesn't.

[Christmas Tree 3997]

Personally I would wish that someone, say Jeremy Paxton or that guy who interviewed Diana, could get an interview with Ashley so that we really knew the truth about his current feeling towards the club.

 

When you look at the SD corporate site, their results, their breakthrough into Europe, their sponsorship deals with the worlds number one golfer and others etc etc

 

http://www.sports-direct-international.com/

 

You see a very slick operation that Ashley has grown from schoolboy to mid forties billionaire. There is a lot of snobbery about SD but it is certainly an organization that is growing rapidly, breaking into various new markets and most importantly, making money in very difficult times.

 

I, like most of you would love to know what his plans are for us.

 

Grooming for a sale

Grooming for years of profit raiding

Grooming for an acquisition by SD

 

???????

 

Half the infuriation is the not knowing.

[citizenerased 0]

In a way its kind of perverse that we would rather have a million quid from Poundland and have that plastered everywhere than have our owners other business, SD get it for free, thus making him richer and possibly more likely to be more carefree with his spending decisions.

 

Crack is one hell of a drug.

[Christmas Tree 3997]

In a way its kind of perverse that we would rather have a million quid from Poundland and have that plastered everywhere than have our owners other business, SD get it for free, thus making him richer and possibly more likely to be more carefree with his spending decisions.

 

Crack is one hell of a drug.

 

 

Craic's even better.... you should try it sometime!

[ewerk 26224]

Personally I couldn't give a fuck if Ashley gets SD on the advertising hoardings for free, he's put enough money into the club to justify that.

 

It's things like plastering the stadium roof with SD advertising and attempting to change the name of the ground that really pisses me off. Entirely unnecessary and only highlights the complete lack of class of the man.

[Guest Your Name Here]

Personally I would wish that someone, say Jeremy Paxton or that guy who interviewed Diana, could get an interview with Ashley so that we really knew the truth about his current feeling towards the club.

 

When you look at the SD corporate site, their results, their breakthrough into Europe, their sponsorship deals with the worlds number one golfer and others etc etc

 

http://www.sports-direct-international.com/

 

You see a very slick operation that Ashley has grown from schoolboy to mid forties billionaire. There is a lot of snobbery about SD but it is certainly an organization that is growing rapidly, breaking into various new markets and most importantly, making money in very difficult times.

 

I, like most of you would love to know what his plans are for us.

 

Grooming for a sale

Grooming for years of profit raiding

Grooming for an acquisition by SD

 

???????

 

Half the infuriation is the not knowing.

Agreed. The lack of clarity is insulting to supporters and the cause of endless splits between people who share a common objective.

 

My view is that generally speaking people only hide bad news.

Edited July 27, 2011 by Your Name Here

[ChezGiven 0]

I call bullshit.

Makes more sense than your absurd tax avoidance idea.

I work for a conglomerate that operates this way, its what most businesses would do. Its bullshit because FF would know fuck all about anything that happened to the business once he was kicked out in July 2007. Were SD "advertising hoardings around the ground, the shit on the facia of the Gallowgate and a prime slot on the sponsor’s backdrop" implemented in July 2007. If no, its bullshit.

He said the information was in the accounts, which it is.

 

And there’s no way that most business get their ‘suppliers’ to provide goods and services for nothing.

Which has been my argument all along, it makes no business sense not to charge for sponsorship. One of the core objectives of a football club is to boost sponsorship revenue. Its part of the core business, along with TV and tickets. Assuming he treats NUFC and SD equally, there is no reason not to transfer cash. He might hate us and just be using NUFC to advertise SD but thats an absurdly expensive advertising campaign. There is also the loss in revenue from those who would advertise in those spaces.

 

He is 100% exposed to NUFC but only part owns SD and its a PLC so governed by all the regulations. By giving away e.g. £5m of advertising spaces for nothing to SD, NUFC's incomes drops from £80m to £75m. If any losses are made here, he bears them all.

 

Even on the basis of all this, i bet you are still going to reply sticking to your point because i called you out for bullshitting. Which you blatantly were.

And that’s where it falls down.

 

If SD were paying anything like the market rate for their blue-chip advertising package you can be sure we’d know about it, but unlike the other sponsorship deals it’s never mentioned. Its fact the only time it’s been raised was when Llambais informed us SD would be showing casing the naming rights package until the end of 09/10. Not at all surprisingly a full season and half later there’s no sign of the showcasing ending and not a word about any incoming money. This is the bullshit and you’re the one buying it. You’re the one making something very simple very complex to avoid a simple truth.

So was that an admission? Didnt sound like one. The end of 09/10 is the last set of accounts that are out and they say that Commercial, Catering & Sponsorship Revenue fell to £15.4 million from £19.4 million in 08/09. That was also when they divested the catering and includes the impact of relegation.

 

If you read the thread, i admit that its possible he is being spiteful and stupid. I was just completely refuting your evidence for it that FF apparently said he had paid £42k to put SD on all the hoardings etc. Going to some lengths to make your points when you could just link to the source.

 

My argument might be complicated but its succinct enough. 'Its less expensive than advertising elsewhere for SD' and 'he is trying to increase revenues, break even, stop making losses with NUFC'. I hate the SD branding because its a shit brand with shit values and a shit image but you dont close the escalators off to save on energy bills then just give away your stadium advertising spaces.

[Christmas Tree 3997]

 

The St. James' Park playing surface will undergo a facelift throughout this week as preparations continue for the 2011/12 campaign.

 

Special machinery called a Koro Field TopMaker was used to take the top 15mm of vegetation off the pitch on Monday night, and the soil underneath will then be cultivated before 100 tonnes of Fibrelastic - a mix of sand and elastic - is added to top it up.

 

The surface will then get re-cultivated, re-levelled and re-seeded again by a team of around ten workers, and should be completed by Saturday.

Newcastle United facilities manager Eddie Rutherford told nufc.co.uk: "It is only eight weeks until the first game of the season, so you have to get moving pretty quickly. As soon as the Play on the Pitch games were finished on Monday we went in and started work.

 

"It is a process we go through every year so we can give the players and management the best possible surface - young, strong, healthy plant."

Work has also begun on replacing both the home and away dugouts at St. James' Park.

 

 

 

Meanwhile.......

 

 

 

[Kitman 2188]

Personally I would wish that someone, say Jeremy Paxton or that guy who interviewed Diana, could get an interview with Ashley so that we really knew the truth about his current feeling towards the club.

 

When you look at the SD corporate site, their results, their breakthrough into Europe, their sponsorship deals with the worlds number one golfer and others etc etc

 

http://www.sports-direct-international.com/

 

You see a very slick operation that Ashley has grown from schoolboy to mid forties billionaire. There is a lot of snobbery about SD but it is certainly an organization that is growing rapidly, breaking into various new markets and most importantly, making money in very difficult times.

 

I, like most of you would love to know what his plans are for us.

 

Grooming for a sale

Grooming for years of profit raiding

Grooming for an acquisition by SD

 

???????

 

Half the infuriation is the not knowing.

Agreed. The lack of clarity is insulting to supporters and the cause of endless splits between people who share a common objective.

 

My view is that generally speaking people only hide bad news.

 

I think he probably takes the view his plans are none of our business. To me there's an undelying contempt to some of his decisions, like the singing section or the SD signage, which is strange for a retailer. It might be because he feels spurned by the fans or because he views fans as mug punters, I dunno. The latter is consistent with our ex-casino MD, who probably views all punters as mugs.

[LoveTheBobby 1]

Butch Wilkins taking 5 there .

[Kitman 2188]

Butch Wilkins taking 5 there .

 

more like Uncle Fester

[Christmas Tree 3997]

Butch Wilkins taking 5 there .

 

more like Uncle Fester

 

More like Monkeys Fist

[Guest Your Name Here]

I call bullshit.

Makes more sense than your absurd tax avoidance idea.

I work for a conglomerate that operates this way, its what most businesses would do. Its bullshit because FF would know fuck all about anything that happened to the business once he was kicked out in July 2007. Were SD "advertising hoardings around the ground, the shit on the facia of the Gallowgate and a prime slot on the sponsor’s backdrop" implemented in July 2007. If no, its bullshit.

He said the information was in the accounts, which it is.

 

And there’s no way that most business get their ‘suppliers’ to provide goods and services for nothing.

Which has been my argument all along, it makes no business sense not to charge for sponsorship. One of the core objectives of a football club is to boost sponsorship revenue. Its part of the core business, along with TV and tickets. Assuming he treats NUFC and SD equally, there is no reason not to transfer cash. He might hate us and just be using NUFC to advertise SD but thats an absurdly expensive advertising campaign. There is also the loss in revenue from those who would advertise in those spaces.

 

He is 100% exposed to NUFC but only part owns SD and its a PLC so governed by all the regulations. By giving away e.g. £5m of advertising spaces for nothing to SD, NUFC's incomes drops from £80m to £75m. If any losses are made here, he bears them all.

 

Even on the basis of all this, i bet you are still going to reply sticking to your point because i called you out for bullshitting. Which you blatantly were.

And that’s where it falls down.

 

If SD were paying anything like the market rate for their blue-chip advertising package you can be sure we’d know about it, but unlike the other sponsorship deals it’s never mentioned. Its fact the only time it’s been raised was when Llambais informed us SD would be showing casing the naming rights package until the end of 09/10. Not at all surprisingly a full season and half later there’s no sign of the showcasing ending and not a word about any incoming money. This is the bullshit and you’re the one buying it. You’re the one making something very simple very complex to avoid a simple truth.

So was that an admission? Didnt sound like one. The end of 09/10 is the last set of accounts that are out and they say that Commercial, Catering & Sponsorship Revenue fell to £15.4 million from £19.4 million in 08/09. That was also when they divested the catering and includes the impact of relegation.

 

If you read the thread, i admit that its possible he is being spiteful and stupid. I was just completely refuting your evidence for it that FF apparently said he had paid £42k to put SD on all the hoardings etc. Going to some lengths to make your points when you could just link to the source.

 

My argument might be complicated but its succinct enough. 'Its less expensive than advertising elsewhere for SD' and 'he is trying to increase revenues, break even, stop making losses with NUFC'. I hate the SD branding because its a shit brand with shit values and a shit image but you dont close the escalators off to save on energy bills then just give away your stadium advertising spaces.

But that’s seems to be exactly what is happening.

 

FF’s statement appeared in the Sunday Sun but not on their website. However, the quote in question can be found at the following.

http://www.newcastleunited-mad.co.uk/news/...337/index.shtml

[Monkeys Fist 38663]

Butch Wilkins taking 5 there .

 

more like Uncle Fester

He's thinking " 2 more clones and I can retire"

[Monkeys Fist 38663]

Butch Wilkins taking 5 there .

 

more like Uncle Fester

 

More like Monkeys Fist

And you can pipe down, Del Monté!

[LoveTheBobby 1]

It's the 'blue chairs' from the corporate suites too. Y've gotta laugh like . All these years and they still get fetched out - even the contractors seem to be using them !

 

Whatever 'upgrade' works they're doing to dugouts I'll bet every tooth in me head the Blue Chairs will be there next term !

 

Like having family round every other weekend - knowing who's coming- but then still having to go next door t borrow a couple of dining chairs .

[LoveTheBobby 1]

Butch Wilkins taking 5 there .

 

more like Uncle Fester

He's thinking " 2 more clones and I can retire"

 

he's doing the work of 2 men !

 

or it could be a time-lapse caper ?

[ChezGiven 0]

I call bullshit.

Makes more sense than your absurd tax avoidance idea.

I work for a conglomerate that operates this way, its what most businesses would do. Its bullshit because FF would know fuck all about anything that happened to the business once he was kicked out in July 2007. Were SD "advertising hoardings around the ground, the shit on the facia of the Gallowgate and a prime slot on the sponsor’s backdrop" implemented in July 2007. If no, its bullshit.

He said the information was in the accounts, which it is.

 

And there’s no way that most business get their ‘suppliers’ to provide goods and services for nothing.

Which has been my argument all along, it makes no business sense not to charge for sponsorship. One of the core objectives of a football club is to boost sponsorship revenue. Its part of the core business, along with TV and tickets. Assuming he treats NUFC and SD equally, there is no reason not to transfer cash. He might hate us and just be using NUFC to advertise SD but thats an absurdly expensive advertising campaign. There is also the loss in revenue from those who would advertise in those spaces.

 

He is 100% exposed to NUFC but only part owns SD and its a PLC so governed by all the regulations. By giving away e.g. £5m of advertising spaces for nothing to SD, NUFC's incomes drops from £80m to £75m. If any losses are made here, he bears them all.

 

Even on the basis of all this, i bet you are still going to reply sticking to your point because i called you out for bullshitting. Which you blatantly were.

And that’s where it falls down.

 

If SD were paying anything like the market rate for their blue-chip advertising package you can be sure we’d know about it, but unlike the other sponsorship deals it’s never mentioned. Its fact the only time it’s been raised was when Llambais informed us SD would be showing casing the naming rights package until the end of 09/10. Not at all surprisingly a full season and half later there’s no sign of the showcasing ending and not a word about any incoming money. This is the bullshit and you’re the one buying it. You’re the one making something very simple very complex to avoid a simple truth.

So was that an admission? Didnt sound like one. The end of 09/10 is the last set of accounts that are out and they say that Commercial, Catering & Sponsorship Revenue fell to £15.4 million from £19.4 million in 08/09. That was also when they divested the catering and includes the impact of relegation.

 

If you read the thread, i admit that its possible he is being spiteful and stupid. I was just completely refuting your evidence for it that FF apparently said he had paid £42k to put SD on all the hoardings etc. Going to some lengths to make your points when you could just link to the source.

 

My argument might be complicated but its succinct enough. 'Its less expensive than advertising elsewhere for SD' and 'he is trying to increase revenues, break even, stop making losses with NUFC'. I hate the SD branding because its a shit brand with shit values and a shit image but you dont close the escalators off to save on energy bills then just give away your stadium advertising spaces.

But that’s seems to be exactly what is happening.

 

FF’s statement appeared in the Sunday Sun but not on their website. However, the quote in question can be found at the following.

http://www.newcastleunited-mad.co.uk/news/...337/index.shtml

Written in early March 2009, the detailed accounts for 2008 not being available until around June 2009. So Shepherd is presumably referring to the 2007 accounts, which makes sense since he was involved in these. SD branding may have been round the stadium in March 2009 but Shepherd can only be referring to the year he was also an executive, 2007. I'm supposed to believe that Shepherd's quote from back then reflects on what is happening now? I suppose its possible tbf but that still doesnt explain frugality on the cost side but generosity on the revenue side to SD which he doesn't even fully own.

[Guest Your Name Here]

During the current and prior year, advertising and promotional services were provided to companies associated with Mr MJW Ashley, the ultimate shareholder of the company's parent company, St James' Holdings limited. No consideration was paid or payable for these services and the cost associated with the services in the prior year was £42,250.

 

So in 2008 there were no monies received or paid out in relation to the ‘advertising and promotional services provided to SD, but a £42k cost was incurred in 2007. This cost presumably relates to manufacture and installation. What’s clear is SD paid nothing (or next to nothing) for the use of NUFC's advertising assets over this two year period. Unless MA has had an unexplained change of heart it seems highly likely no additional payments have been received since. Particularly as the more recent announcement about the showing-casing made no mention of any payment from SD, who seem to be getting all the benefits of a blue-chip sponsorship deal without incurring the usual associated costs.

 

The apparent lack of any contractual agreement between NUFC and SD makes the subject a bit murky and I might have this completely wrong, but based on the small scraps of information we have to work with it does look like the club are pleading poverty yet at the same time depriving the club of significant income by giving significant assets away for peanuts.

Edited July 28, 2011 by Your Name Here

[ChezGiven 0]

It doesnt make any sense.

 

Ashley owns 30% of the SD stock and normally some profits are retained to invest in marketing, infrastructure etc and some are handed to shareholders through dividends. So lets say half of it is given back to shareholder, he owns 30%, therefore to offset £5m loss of advertising revenue, NUFC having SD on the roof has to directly increase SD sales by £30m to give Ashley back the £5m he just lost by giving it away. It makes no sense.

 

That statement quoted does not suggest to me what FF said and i wanted to avoid this as i was a fan of Shepherd but it seems his comments are full of shit in that newcastle-mad article. That quote clearly states that NUFC paid £42,500 (the word cost is there in bold for you) whereas your article has Shepherd saying it was a revenue.

"Ashley's Sports Direct company advertising is plastered all over the stadium and the club publications but the accounts show that just £42,250 was paid for it to Newcastle.

 

Completely contradictory, based on information from 2007, from someone who was just accused of ruining the club financially and if i'm not mistaken years before any major branding at SJP was implemented.

[ewerk 26224]

I thought that Ashley owned around 70% of SD?

Edited July 28, 2011 by ewerk