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Hhhmmm

Discussion in 'Newcastle United' started by goldie, Oct 13, 2011.

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  1. goldie

    goldie Well-Known Member

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    Just read an acticle claiming we are fourh in the debt league

    24 million more in debt than when Sheppard left???
     
    #1
    goldie, Oct 13, 2011
  2. Vuckic's Faces

    Vuckic's Faces Active Member

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    Link?
     
    #2
    Vuckic's Faces, Oct 13, 2011
  3. Eat Sleep Watch F1 Repeat

    Eat Sleep Watch F1 Repeat Active Member

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    Where is this?
     
    #3
    Eat Sleep Watch F1 Repeat, Oct 13, 2011
  4. The Secret Ingredient

    The Secret Ingredient Well-Known Member

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    here comes the kick in the bollocks just as everything looks rosy
     
    #4
    The Secret Ingredient, Oct 13, 2011
  5. Mod Face

    Mod Face Well-Known Member

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    Don't forget FFS's debts kept mounting up even after he left.
     
    #5
    Mod Face, Oct 13, 2011
  6. Chappaz

    Chappaz Active Member

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    If you take into account the money Ashley has put in, which in theory is owed back to him, then that's probably right.
     
    #6
    Chappaz, Oct 13, 2011
  7. Vilsmeier-Haack Reaction

    Vilsmeier-Haack Reaction Well-Known Member

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    OK, sounds about right. Does is mention what our profitability situation is?
     
    #7
    Vilsmeier-Haack Reaction, Oct 13, 2011
  8. simonbh7

    simonbh7 Active Member

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    #8
    simonbh7, Oct 13, 2011
  9. Eat Sleep Watch F1 Repeat

    Eat Sleep Watch F1 Repeat Active Member

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    So no Man City in top 4 or Sunderland? Clearly false info.
     
    #9
    Eat Sleep Watch F1 Repeat, Oct 13, 2011
  10. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
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    Panic over... Phew!
     
    #10
    Albert's Chip Shop, Oct 13, 2011

  11. Mod Face

    Mod Face Well-Known Member

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    Hasn't MA put about £250m into the club?
     
    #11
    Mod Face, Oct 13, 2011
  12. Vuckic's Faces

    Vuckic's Faces Active Member

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    Mackems are never in the top 4 :D or top 10.
     
    #12
    Vuckic's Faces, Oct 13, 2011
  13. Vilsmeier-Haack Reaction

    Vilsmeier-Haack Reaction Well-Known Member

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    The debt is a long term one to Ashley so isn't of much concern at this time. How profitable we currently are is, I want to see how our extra income through being back in the top flight and the reductions in wages reflect on the profit/loss account
     
    #13
    Vilsmeier-Haack Reaction, Oct 13, 2011
  14. overseasTOON

    overseasTOON Active Member

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    Psychos gonna get ya, psychos gonna get ya
     
    #14
    overseasTOON, Oct 13, 2011
  15. Vuckic's Faces

    Vuckic's Faces Active Member

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    Can I come stay at your house? just for protection y'know..
     
    #15
    Vuckic's Faces, Oct 13, 2011
  16. Mod Face

    Mod Face Well-Known Member

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    If you're counting owner debt then why on Earth aren't Man City up there?!

    Fulham surprised me!
     
    #16
    Mod Face, Oct 13, 2011
  17. Chappaz

    Chappaz Active Member

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    It depends whether the owners either choose to put the money into the club as a loan which must be repaid, or whether they give the club the money. One products debt, one doesn't.
     
    #17
    Chappaz, Oct 13, 2011
  18. Vilsmeier-Haack Reaction

    Vilsmeier-Haack Reaction Well-Known Member

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    You cant just put money into a club, it has to come in the form of a debt. It may as well be a gift if you have no intentions of asking for the debt to be repaid but it still exists on the balance sheet as such. However Man City have got it removed from their balance sheet by virtue of a ridiculous deal for the renaming of the stadium from their owner's cousin who happens to own Etihad Airways
     
    #18
    Vilsmeier-Haack Reaction, Oct 13, 2011
  19. The Secret Ingredient

    The Secret Ingredient Well-Known Member

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    please log in to view this image
     
    #19
    The Secret Ingredient, Oct 13, 2011
  20. Aldridge_Prior

    Aldridge_Prior Active Member

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    Doesn't concern me for one minute, our wage bill must be in the bottom half of the league and our ST/matchday revenue must be in the top 5-6 so we're heading in the right direction.

    I'd be worried if I were a Liverpool fan though, their wage bill is astronomical and rising. Add to that the fact that their attendances are maxed out and they don't look like winning anything in the near future. Doesn't look too bright does it?
     
    #20
    Aldridge_Prior, Oct 13, 2011
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