Newcastle United - Masters of Mismanagement
UK time is: 13:39:13
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Masters of Mismanagement

Saturday`s Chronicle stoked the pre-match fires by printed details of the disastrous mismanagement of the company finances by Messer`s Shepherd and Hall. Hall took an amazing £1.6m out of the club in the final year, with many of the directors also pillaging the club for redundancy packages. Fighting takeovers and paying back MGM cost the club nearly £10m whilst wages grew by a similar amount, putting the club in real danger. Luckily Mike cleared the debt when he came in…




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Monday March 3 2008

Time: 12:01PM

Your Comments (oldest first)

Change to most recent first
Relegated and bankrupt WOW what an achievement.
TergeHauge
Report Abuse
03/03/2008 22:41:00

Looks like things are going a bit pear shaped here...Money will kill our game, thats for sure.
Blue is the colour
Report Abuse
04/03/2008 20:31:00

Not really - Ashley has paid off the debt in an Abramovich-esque way so it's start afresh, unlike the likes of the Scousers / Man Utd who are saddled with high interest debt.
SirLes
Report Abuse
05/03/2008 07:58:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Newcastle United Articles

NUFC Host Arsenal (Thursday August 27 2015)

Newcastle Cup Game Date Confirmed (Wednesday August 26 2015)

McClaren Delighted With Northampton Win (Wednesday August 26 2015)

Magpies Prepare For Owls Battle (Tuesday August 25 2015)

Stats: Newcastle v Northampton (Tuesday August 25 2015)

Newcastle v Northampton - Team Sheets (Tuesday August 25 2015)

Archived Newcastle United Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

1. Toon_NoMatterWot 127
2. keggy_keagal 68
3. BLACKBOB 64
4. officemonkey 64
5. billybobcat 61
6. PieMag 48
7. vin1892 41
8. daftladguy 40
9. The Owl 39
10. Bruce68 36

League Table (view table)

Team P W D L GD Pts
14. Aston Villa 3 1 0 2 -1 3
15. Spurs 3 0 2 1 -1 2
16. Stoke 3 0 2 1 -1 2
17. Newcastle 3 0 2 1 -2 2
18. Southampton 3 0 2 1 -3 2
19. Sunderland 3 0 1 2 -4 1
20. WBA 3 0 1 2 -4 1

Newcastle United Fixtures (view all)

Breaking League News

Liverpool: Reds Face A Trip To Russia In Europa League
» Liverpool : 28/08/2015 12:45:01
It Bayern Munich Again In The Champions League
» Arsenal : 28/08/2015 12:42:00
The Aston Villa Injury Table Updated
» Aston Villa : 28/08/2015 10:57:01
Tottenham Hotspur vs Everton
» Spurs : 28/08/2015 10:41:00
Son Heung-Min Deal Confirmed!
» Spurs : 28/08/2015 10:36:01

Current Site Poll (view all polls)

Newcastle v Arsenal
Suggested By:  VitalToon
Newcastle win 25%
Arsenal win 25%
Draw 50%