What's the take on Ashley resigning as Chairman and taking his financial director with him, then leaving the running of the club to three or four "footballing" men? Could be a condition of SMac coming!
No doubt about that, but he's a company operator and since he has given up the chairmanship essentially has no say in the daily running of the club, so he could be up to some dodgy dealings to raise money.
It might have to do with the Rangers situation. I seem to remember reading somewhere that the SFA fined Rangers £6,000 last season because he and his financial director were involved in two clubs or something of that sort. Can't remember the details though.
Could very well be that he has learned from that but still have the fear that finance is at the back of it with him as he does nowt that does not benefit him eventually.
Put the two together and we might just be close. I believe Ashley has control of Rangers' marketing. If he stood to lose that, he might well resign the Newcastle chairmanship. Rangers brand name has always been enormous, and once they get back to the SPL it no doubt will be again. I doubt even Newcastle has that long-term potential. I think you're right - it has very much to do with money.
Newcastle United has today (Wednesday, 10th June) announced changes to its Board of Directors. Head coach Steve McClaren, chief scout Graham Carr and club ambassador Bob Moncur have today been appointed to the Board, joining managing director Lee Charnley. Mike Ashley has relinquished his position on the board along with finance director John Irving, who is leaving the Club. Newcastle United becomes the only club in the Premier League to have its head coach on its Board of Directors, a move which the Club feels adds significant strength to it. Managing director Lee Charnley commented: "This is a very positive step forward for the Club and I am delighted that Steve, Graham and Bob will join me on the board. "It was particularly important for us that the head coach also became a board member in order to gain a full understanding and appreciation for the Club and its operations as a whole, not just the football side. In Steve we have an individual who embraced that responsibility. "Graham and Bob's passion for the Club is beyond question and I believe given the collective skills, knowledge and experience, together, we are incredibly strong. "Whilst, of course, we all have our individual primary duties, there is a huge common desire for the Club as a whole to move forward and succeed."
Having McMenemy on the board didn't help us much ! Ashley will still have to keep tabs on the money side. He just can't do it officially without fouling up his Rangers position. I presume Irving will now be heading to Glasgow.
Can`t argue with that. It`s his club and his investment. No way is he going to move out and let them bollix it up. Guaranteed he`s up to something.
The way they are dragging it out as if it was Ancellotti is a joke. The fact he could not say anything at the press conference either is weired.
