The thing about Cheick's new contract..

[MrsFeenee]

I hate to say this but when Ashley gets money from a deal we all hate him, but the club owes him over 100 million and he has to take it back somehow, without that we'd be in administration or even liquidation. Just to be clear I'm not by any means saying we sell Tiote or any top player for that matter, but if he doesnt want to give us every penny of the money from a sale he has to get his loan back somehow, all the while paying wages which are probably in the top ten highest in the country.

Spot on - very sensible post. Ashley's been naive and made some dumb ass mistakes, but people seem to forget he plowed £100million into the club on top of the purchase price, meaning now, after a long slog, we are well on the way to becoming one of the more steady ships financially in this league. See Arsenal for a shining example of the positive impact of careful spending in the longer term.

He's a business man and we're not a charity case, it has to be expected that over time we will be paying that £100million back to him.

 

[I Bleed Black & White]

In that regard we're exactly a normal club. If Man U or Arsenal go for a player at anywhere below 5th the odds are that they'll get them, show me a club in the league who wouldn't have taken £35m for Carroll. Whether we see the Carroll money remains to be seen, but if any of it has gone on securing higher wages to keep Tiote its a start.

That's a good point well made, in that respect we are normal but in general our club is not. Surely you can't disagree with that.

I hate to say this but when Ashley gets money from a deal we all hate him, but the club owes him over 100 million and he has to take it back somehow, without that we'd be in administration or even liquidation. Just to be clear I'm not by any means saying we sell Tiote or any top player for that matter, but if he doesnt want to give us every penny of the money from a sale he has to get his loan back somehow, all the while paying wages which are probably in the top ten highest in the country.

Another good point well made however he only has himself to blame for the 100mil issue as he bought a club without doing any research, ha

 

[Toon126]

A 6.5 year contract bumps his market value up massively and would surely put most clubs off making any kind of bid this summer. The beauty is even next summer his value might be too high and it gives the club enough time to build, improve and get into Europe to match the players ambition and help him to commit to us even further. It's a wonderful bit of news today with some really positive quotes coming from Pardew and Tiote himself. I'm not Ashley's biggest fan at all and I'll never forgive him for some of the decisions he's made.... But you can't deny his financial model that he may have had planned all along is starting to come together and we're starting to reap the rewards of a profitable club with committed players, a hard working manager and a push for Europe on the horizon.

Now if Enrique can see it this way sooner rather than later then all will be complete!

 

[Colly NUFC]

That's a good point well made, in that respect we are normal but in general our club is not. Surely you can't disagree with that.

I know what you're getting at, but who is normal? Chelsea and Man City are in the pockets of billionaires and will be buggered when they walk away, or before once UEFA's new rules come in. Man Utd and Liverpool are in crazy amounts of debt. Tottenham, Sunderland and Villa are supposedly going the same way. I could be wrong but I think the only self sustaining club in the Premiership is Blackpool. Whats normal in any of that?

 

[Donkey Toon]

I know what you're getting at, but who is normal? Chelsea and Man City are in the pockets of billionaires and will be buggered when they walk away, or before once UEFA's new rules come in. Man Utd and Liverpool are in crazy amounts of debt. Tottenham, Sunderland and Villa are supposedly going the same way. I could be wrong but I think the only self sustaining club in the Premiership is Blackpool. Whats normal in any of that?

Blackpool and Arsenal I think are on a pretty good financial footing and we are the only other team I think making a serious effort to get there. I agree normality doesn't exist but long term Liverpool, Spurs, Sunderland, Villa and maybe others are going to really suffer if they don't reign in their spending.

So yes it might be frustrating seeing other teams outspend us and poach our best players with mega money deals and wages, but remember we will have the last laugh when the Fifa regs mean they can't play in europe or they have to enter administration.

 

[AsprillasFurCoat]

The futures the future and might never happen (I've seen that film 2012..). We should just enjoy the fact that a player of Chieks undoubted quality has agreed to stay with us, despite the fact that he could easily double or treble his money somewhere else come the summer. We shouldn't miss the opportunity against Bolton to really show our apprecation when the team is announced - let's raise the roof of Chiek Tiote!

 

[Hatem Is A Geordie]

I know what you're getting at, but who is normal? Chelsea and Man City are in the pockets of billionaires and will be buggered when they walk away, or before once UEFA's new rules come in. Man Utd and Liverpool are in crazy amounts of debt. Tottenham, Sunderland and Villa are supposedly going the same way. I could be wrong but I think the only self sustaining club in the Premiership is Blackpool. Whats normal in any of that?

Arsenal have got to be too? But yeah I agree, Football is ****ed up financially.

 

[Colly NUFC]

Arsenal are making profits, but still massively in debt. They are quickly paying this off though, and I presume its largely to do with the new stadium, but I'd assume thats part of the reason why you don't see many huge fees coming out from them either.

 

[The Secret Ingredient]

negative negative negative
jebus

our best player signs a contract extension and out pours the negative people if he wanted to go he'd have said no if fat mike wanted shot he'd have sold him in the summer he was only one year into his contract,didn't need to tie him down to cash in maybe just maybe he wants our best player to stay
now there's a novel idea

let's all be positive for a change

 

[Donkey Toon]

Arsenal are making profits, but still massively in debt. They are quickly paying this off though, and I presume its largely to do with the new stadium, but I'd assume thats part of the reason why you don't see many huge fees coming out from them either.

Exactly they are trying to pay of the Emirates build as quicklys as possible. Then with the money they no longer have to make towards repayments plus all other revenue strings, including the massive housing development they own at the site of the old Highbury ground they will be laughing compared to the other big teams. They have accepted a financial restraint for a number of seasons in order to get on a solid foundation going forward which their competitors at the top end of the table haven't done.

I see that we are also taking the sensible approach as well and think that we will at some time in the future see the benefit. Meanwhile some other teams around us will wake up one day and find themselves neck high in a river of poo without a paddle!

 

[Chappaz]

The point which I notice is the specific length of the contract - 6.5 years.

A five year contract would have been more than enough to secure him long-term and bump up the resale value of him. However, they've decided on a very long 6.5 years, which could be a statement that they want to permanently keep Tiote as a backbone of the team.

 

[Donkey Toon]

The point which I notice is the specific length of the contract - 6.5 years.

A five year contract would have been more than enough to secure him long-term and bump up the resale value of him. However, they've decided on a very long 6.5 years, which could be a statement that they want to permanently keep Tiote as a backbone of the team.

Exactly! What's more Pardew's interview on sky backs this up. He said that they were also looking to tie up contracts for Enrique, Barton, Nolan and Gutierrez. Nolan himself in an interview with the bbc referred to the importance of securing the long term deal for Tiote and added that he was the mainstay of our midfield and somebody we should be building a team around. I really don't get where all the negative comments are coming from, this should be a happy day and a sign of good things to come!

 

[judzthegeordie]

From my understanding the 100 mil Ashley loaned the club will be paid back so many hundred thousand a month whilst the club is in profit, which we are this season if a financial article I read on the club is correct, so all this talk of him taking it out of transfer fees and putting it in his back pocket as a payment back to him is utter tosh.

 

[HowayTheLads]

What's more, I think a player like Tiote signing a new long term contract could lead to Barton finally putting pen to paper on a new deal and the Jose once we secure safety.