Vital Football

Latest Newcastle United News

Who is getting the player sale cash?

Who is getting the player sale cash?

In amongst our players being sold quicker than Lonsdale to charvas in Sports Direct's Metro Centre branch, it has to be worth asking the question over where the money from all these sales is going.

Many of us hope that the near £20m for Bassong and Martins, Duff's £4m, Beye's £2m and the imminent £6m would take a tasty £32m chunk out of the Barclays overdraft, leaving us with plenty of working capital space as well as a considerably lower wage bill for the remaining 9 months of Championship life.

However there is a suspicion that instead Ashley is taking the money and feathering his nest to recoup as much of the £134m deficit between his asking price and what he spent on the club. This, coupled with N'Zogbia, Given and Milner 's £25m from last summer and January, start chipping away nicely at the loss he'll make from his own incompetence and sticking with the Cockney Mafia.

Let's see some transparency from Ashley for just once in the bloated halfwits tenure and come clean over where the money is going.






Click here to join in the debate on the club forum.

Writer:Ross Molyneux
Date:Thursday August 20 2009
Time: 9:10PM

Comments

0
Does anyone think Ashley made the decision to sell the club when he heard the finances were crap? I reckon he did and has been striping money to cover what he put it and now he's going to sell up and walk away with near enough what he paid.
geordie_mark
20/08/2009 22:11:00
0
...He's a fool for not just sticking the cash in a savings account and building up the interest for 2+ years
geordie_mark
20/08/2009 22:11:00
0
Once he banks a couple more transfers, season ticket and tv revenue, he should be down to about a £60m loss. Small bean compared to the £400m he lost betting on HBOS shares.
BaldEagle
20/08/2009 22:41:00
Page 1/1
  1. 1

Login to post a comment

Recent Newcastle United Articles

Brighton Rearranged And On Sky Sports

It has been announced Sky Sports have selected Newcastle's re-arranged trip to the Amex Stadium for the meeting with Brighton for television coverage.

Crystal Palace Wouldn't Allow Townsend Loan

Rumours are growing Townsend could leave Crystal Palace this month, which has seen Newcastle credited with an interest in re-signing him. Middlesbrough also reportedly interested.

Vital View - FA Cup, 17th-18th January 2017

The FA Cup season continued with the third round replays with these games played this midweek.

Stats: Newcastle v Birmingham

All the stats from Newcastle (3) vs (1) Birmingham, St James' Park, 18/1/17 Att: 34,896

Archived TOTT Articles

TOTT articles from

Site Journalists

TNMW
Editor email
Profile

Current Poll (see more polls)

FA - Birmingham MotM
Suggested By: Site Staff
Sels4%
Yedlin0%
Hanley0%
Findlay0%
Lazaar0%
Shelvey69%
Tiote0%
Ritchie3%
Ben El-Mhanni6%
Barlaser0%
Gouffran18%
Sub - Perez0%
Sub - Hayden0%
Sub - Colback0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Newcastle 26 18 1 7 55 29
2 Brighton 25 16 6 3 54 23
3 Leeds Utd 26 15 3 8 48 11
4 Reading 25 14 4 7 46 3
5 Huddersfield 26 14 4 8 46 0
6 Sheff Wed 26 13 6 7 45 6
7 Derby County 26 11 7 8 40 5
8 Fulham 25 10 9 6 39 13
9 Preston 26 11 6 9 39 3
10 Barnsley 26 11 5 10 38 4
11 Norwich 26 11 4 11 37 3
12 Birmingham 26 9 9 8 36 -5
13 Aston Villa 26 8 11 7 35 1
14 Ipswich 26 9 7 10 34 -3
15 Brentford 26 9 6 11 33 0
16 Wolves 26 8 8 10 32 -1
17 Q.P.R. 26 9 5 12 32 -11
18 Cardiff 25 8 6 11 30 -10
19 Bristol City 26 8 3 15 27 -3
20 Forest 26 7 6 13 27 -8
21 Burton 26 6 7 13 25 -10
22 Blackburn 26 6 6 14 24 -12
23 Wigan 26 5 7 14 22 -9
24 Rotherham 26 4 4 18 16 -29
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

Jan 21 2017 3:00PM : Rotherham United (H)
Sky Bet Championship
Jan 28 2017 3:00PM : Brighton & Hove Albion (a)
Sky Bet Championship
Feb 1 2017 7:45PM : Queens Park Rangers (H)
Sky Bet Championship
Feb 4 2017 3:00PM : Derby County (H)
Sky Bet Championship
Feb 11 2017 5:30PM : Wolverhampton Wanderers (a)
Sky Bet Championship
Feb 14 2017 7:45PM : Norwich City (a)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot139
2.CuckFan137
3.keggy_keagal47
4.PieMag47
5.Mcnamee6739
6.Finn_the_Dog39
7.officemonkey29
8.The Pyrry26
9.billybobcat26
10.McCreery17
Vital Football Comment