You missed out the key word “try”. Also whilst obviously money helps you don’t always have to spend a fortune to pick up a good player but you do have to buy enough good players or develop them to compete. On the first point you have to trust your manager’s recommendations. Meaning first on list not cheapest on list. Secondly, Ashley won’t invest in the Academy. We may not compete but you should always try.
We don’t have the money to try to compete with the top clubs. Hence we compete at the level we do. If you think otherwise and believe we can try to compete with the top clubs financially, I suspect you can’t you be helped with your delusions, they are too far gone.
An old trick I was taught many years ago was to read/listen to what someone is writing/saying and not just to assume what they were writing/saying. If you read what I’ve said more carefully you will see I haven’t said anything about competing financially. That should help you understand the point I’m making.
I think you know that nobody expects to compete in the transfer market with the top clubs, but we don't compete with those around us and that's concerning. It's difficult to see us attracting a player wanted by another club, and we certainly can't attract a player at what would constitute an average fee these days like £20million. Very difficult position to put a manager in, who is ultimately the scapegoat.
Our wage expenses and general outgoings seem in line with other clubs. We just haven’t used the finance particularly well.
I've never taken any notice before, but the club must publish the accounts. Our wage bill can't be that much higher than the average club now we've got rid of most of the high earners. I know gates don't account for a big part of income, but we get £125m from tv rights. I also know we make a profit most transfer windows, so where the hell does the money go?
Itself a symptom of a lack of willingness to engage in the market. If you buy lots of players for 5 million, you are more likely to be signing players you will need to get rid of because they aren't good enough. They become a drain on the wages that can't be shifted. The logic that you spend more on a player means they will be a success is obviously flawed... however, signing a coveted player for £20million means you are more likely going to be able to shift them and the wages if things don't work out than if you sign a cheap player nobody else is looking at. Not always, but more often.
They do. The trouble is there is not enough detail in there to figure out what went on with the wages last year and how the outgoing transfers were dealt with in the books. If you want to see them they are at: https://beta.companieshouse.gov.uk/company/02529667/filing-history
That is just something we have to accept. Unfortunately when SJH etc sold out they knew what they were selling to. He hasn't suddenly become this person, he's been that person for a long long time. He told them he intended to use Newcastle as a vehicle for the promotion of his main business. He owns the club. He can do what he ****ing likes regarding sponsorship. No point whinging about it.
why not whinge ?, he uses the same whinge tactics when talking about the 'interest free' money he has invested