1. Log in now to remove adverts - no adverts at all to registered members!

Transfer Rumours Hayden

Discussion in 'Newcastle United' started by Albert's Chip Shop, Jul 14, 2018.

  1. Lord Jonjomort

    Lord Jonjomort Well-Known Member

    Joined:
    Feb 25, 2014
    Messages:
    7,138
    Likes Received:
    3,487
    Steve Nickson and a bungalow in Benton don't fill me with a lot of hope here either.
     
    #61
  2. Warmir Pouchov

    Warmir Pouchov Better than JPF

    Joined:
    Jun 1, 2011
    Messages:
    37,088
    Likes Received:
    12,616
    He is owed money so if he is taking some back there can be no arguments. I'd rather he did it now than in January last year.
     
    #62
  3. General Lee Speaking

    General Lee Speaking Well-Known Member

    Joined:
    Feb 7, 2014
    Messages:
    6,215
    Likes Received:
    3,847
    I think it's likely there is more than £30m sitting there in the bank account but I wouldn't expect to see us spend it all. They will need some for cash flow until the next tranche of cash comes in, whenever that is - that is how the club operates and it's fair enough really. You add £40m or £50m in player sales and £70m or £80m total spend is probably what we should be looking at. I never heard figures higher than that being mooted by anyone. If we don't sell some of these players then it should be lower.

    Rafa's comments yesterday are a clear sign that he's not happy with the club's approach and that Mr Ashley hasn't loosened the purse strings in terms of signing fees and wages. It'd be a terrible shame if that's the case because the club is in a great position to kick on this summer. 3 weeks to get the recruitment sorted then we can all make a judgement.
     
    #63
    magpie290761 likes this.
  4. Lord Jonjomort

    Lord Jonjomort Well-Known Member

    Joined:
    Feb 25, 2014
    Messages:
    7,138
    Likes Received:
    3,487
    Now where have I heard that before.....
     
    #64
  5. General Lee Speaking

    General Lee Speaking Well-Known Member

    Joined:
    Feb 7, 2014
    Messages:
    6,215
    Likes Received:
    3,847
    It's not been the case for a few seasons.
     
    #65
  6. Eddie's British Plodders

    Eddie's British Plodders Well-Known Member

    Joined:
    Aug 31, 2012
    Messages:
    5,862
    Likes Received:
    3,975
    People would think you were a massive fan of Dangermouse.
     
    #66
    Judge Death likes this.

  7. Beardsley's Stylist

    Beardsley's Stylist Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    1,211
    Likes Received:
    843
    It's not quite as bad as it appears. The £90m loss from last year doesn't need to be funded this year as a lot of the loss was an accounting loss. If you look back at the reports on the accounts there were a lot of write downs and one off charges. If you look at the change in bank balance (even if you remove the injection of an additional loan) it was nowhere near a £90m reduction. Profit (or loss) is not the same as cashflow. Trust me I work in finance*
















    *Actually scrub that, never trust anyone that works in finance
     
    #67

Share This Page