The key fact about our club and owner we should all remember

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Albert's Chip Shop

Albert's Chip Shop

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Jun 27, 2011
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“The club admitted to the tribunal that it repeatedly and intentionally misled the press, public and the fans of Newcastle United."

Source - Daily Mail article reporting on the Tribunal Hearing in to Keegan's Departure.


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I've stickied this so everyone has ease of access to it when all the spin comes out of Keith Bishop's mouth and his minions in the media.....
 
It's difficult to imagine that I could ever loath... nay, HATE Mike Ashley more than I did previously, but this latest fiasco has left me bled dry of emotion.

I cannot forsee a time when Newcastle United will be free of his clutches.

I feel sick to my Geordie core.
 
mickeybnufc said:
Even worse he's exploited the fans of Newcastle United,he is the worsed owner this Great club has ever had and that takes a bit of beating
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Not too sure on that TBH.

Some owners, in the past, have not just abused the fans but have rinsed the Club of money as well to the extent the Club wasn't financially sound. One thing for Cashley we aren't in danger, at present, of going into liquidation.
 
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I am Groot returns said:
Not too sure on that TBH.

Some owners, in the past, have not just abused the fans but have rinsed the Club of money as well to the extent the Club wasn't financially sound. One thing for Cashley we aren't in danger, at present, of going into liquidation.
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I would rather be on cusp of big debt and having a team we can be proud of IE: John Hall, than the sh*t we have now
 
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I think liquidation would be over dramatic. Regardless we were an attractive option at the time due to our recent history. SJH admitted though he'd hawked us all round europe looking for a buyer. He said once Roman came in at Chelsea that was the end for the likes of him and Jack Walker. He said the money to keep Newcastle at the top end of the league was already sending the club deep into debt and the banks were getting twitchy. Shepherd conceded this even though he didn't want to sell initially. Obviously they got out with a massive pay off at a £1 a share. Bullet dodged as far as they were concerned and Newcastle had been a good business venture for them.

Whatever we say about Ashley he has been rich enough to steer us away from any thought of those kinds of troubles via his "gift" loan. Unfortunately that gift was actually a trojan horse and one of the network of business decisions relating to the club which sees his tentacles seep so deep into the club its difficult to unravel. All absolutely deliberate. Standard aggressive business practices which those who work in the grey areas like to utilise. These decisions he makes are calculated and slip through while he receives a barrage about his other bizarre behaviours. They are all long term decisions which people never complain about until its too late (not that it would stop him anyway). From the club shop to the loan and many other matters, removing Ashley from our club is going to prove far from simple.
 
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