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Newcastle United Team Talk/Gossip/Rumours Thread 2014/15
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Nah, the money problems were growing from the days of Freddie Shepard continuously leveraging the club up to try and compete with the top 4.Relegation was a huge part of the money problems we had, think Ashley has to take a fairly substantial chunk of the blame there.
The current business model of selling our best players every season is unsustainable and will eventually cost us our place in the PL
Accounts are one small part of it Paully. Newcastle have a huge turnover in comparison with a lot of clubs. Of course if you spend nothing and sell sell sell the accounts will improve. Also how many of the high earners have we actually sold? Most actually left.
To say accounts is a small part of football is wrong imho. If you look at the Deloitte list of richest clubs, the list is dominated at the top by the most successful teams. To compete at the top, you either need to have an existing base like Barcelona or Man Utd, or alternatively buy your way to success like Man City and Chelsea. Newcastle United have neither, and even by the Premier League level, are really only mid-table in terms of turnover (Man U, Arse, Chelsea, Liverpool, Man C, Villa and Spurs would be well ahead of Newcastle). The days of Newcastle paying a player £100k+ a week are completely gone. Realistically, the sustainable future for Newcastle is a core of 4-5 players earning 50-60k, followed be a group of 9-10 players or so earning 30-40k with a few kids on 10-20k. If the likes of Liverpool come in and offer 70-80k + signing on bonuses for Enrique and Carroll - realistically, you just don't have the financial muscle to hang on to those players.
I think Ashley has done a reasonable enough job. For a club like Newcastle to get some very useful and relatively young players like Tiote, Cabaye, Ben Arfa, Santon, etc. I think he should be commended.0 -
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Raskolnikov wrote: »Nah, the money problems were growing from the days of Freddie Shepard continuously leveraging the club up to try and compete with the top 4.
To say accounts is a small part of football is wrong imho. If you look at the Deloitte list of richest clubs, the list is dominated at the top by the most successful teams. To compete at the top, you either need to have an existing base like Barcelona or Man Utd, or alternatively buy your way to success like Man City and Chelsea. Newcastle United have neither, and even by the Premier League level, are really only mid-table in terms of turnover (Man U, Arse, Chelsea, Liverpool, Man C, Villa and Spurs would be well ahead of Newcastle). The days of Newcastle paying a player £100k+ a week are completely gone. Realistically, the sustainable future for Newcastle is a core of 4-5 players earning 50-60k, followed be a group of 9-10 players or so earning 30-40k with a few kids on 10-20k. If the likes of Liverpool come in and offer 70-80k + signing on bonuses for Enrique and Carroll - realistically, you just don't have the financial muscle to hang on to those players.
I think Ashley has done a reasonable enough job. For a club like Newcastle to get some very useful and relatively young players like Tiote, Cabaye, Ben Arfa, Santon, etc. I think he should be commended.
You've hit the nail on the head there, but as far as 99% of Newcastle fans are concerned he's the devil reincarnated and that will never, ever change.0 -
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Raskolnikov wrote: »Nah, the money problems were growing from the days of Freddie Shepard continuously leveraging the club up to try and compete with the top 4.
To say accounts is a small part of football is wrong imho. If you look at the Deloitte list of richest clubs, the list is dominated at the top by the most successful teams. To compete at the top, you either need to have an existing base like Barcelona or Man Utd, or alternatively buy your way to success like Man City and Chelsea. Newcastle United have neither, and even by the Premier League level, are really only mid-table in terms of turnover (Man U, Arse, Chelsea, Liverpool, Man C, Villa and Spurs would be well ahead of Newcastle). The days of Newcastle paying a player £100k+ a week are completely gone. Realistically, the sustainable future for Newcastle is a core of 4-5 players earning 50-60k, followed be a group of 9-10 players or so earning 30-40k with a few kids on 10-20k. If the likes of Liverpool come in and offer 70-80k + signing on bonuses for Enrique and Carroll - realistically, you just don't have the financial muscle to hang on to those players.
I think Ashley has done a reasonable enough job. For a club like Newcastle to get some very useful and relatively young players like Tiote, Cabaye, Ben Arfa, Santon, etc. I think he should be commended.
Newcastle were inside the top 20 clubs worldwide as far as turnover is concerned up to the relegation season according to Deloitte
2008/9 20th worldwide 7th in England
2007/8 17th/6th
2006/7 14th/6th
2005/6 13th/5th
Whats clear is the decline in comparison with other sides brought on by lack of investment and a blatant disregard for the fans. Attendances have dropped drastically since MA took over further compounding the situation
The losses averaged at about 15million a season under FS which is of course unsustainable. However relegation alone cost at least £50 million. Not to mention the other losses directly attributable to Ashley such as attendance drop and lower merchandising sales. He may be balancing the books but our turnover is going through the floor. As you eluded you money is directly connected to success........
We should not be competing with Chelsea/Man U/Man C/Arsenal or perhaps Liverpool but a club of similar fan-base (nationally and internationally) like Spurs are certainly not an unrealistic comparison0 -
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This discussion has been closed.
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