UK time is: 12:01:50
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

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.




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






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

The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Thursday August 20 2009

Time: 9:10PM

Your Comments

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
...He's a fool for not just sticking the cash in a savings account and building up the interest for 2+ years
geordie_mark
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
 

Have Your Say

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

Recent Articles

Ashamed of Newcastle United (Sunday April 20 2014)

NUFC v Swansea Match Thread (Saturday April 19 2014)

Possible NUFC Line Up v Swansea (Saturday April 19 2014)

Systematic (Thursday April 17 2014)

Pardew Defence League (Thursday April 17 2014)

The NUFC Gospel According To Tyler (Wednesday April 16 2014)

From Fortress To F*ck This (Tuesday April 15 2014)

Sacking form? Pardew v Press (Tuesday April 15 2014)

Who Could We Get? Gimme A Name! (Monday April 14 2014)

Archived Articles

List All TOTT Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. officemonkey 314
2. Toon_NoMatterWot 267
3. Rexn 261
4. BLACKBOB 216
5. OldLeazes 173
6. Platinii 167
7. ukrocks0007 136
8. nufc_carl88 122
9. Chief_Brody 117
10. thecorner 112

League Results (view all)

League Table (view table)

Team P W D L GD Pts
6. Spurs 35 19 6 10 2 63
7. Man Utd 34 17 6 11 16 57
8. Southampton 35 13 10 12 5 49
9. Newcastle 35 14 4 17 -15 46
10. Stoke 35 11 11 13 -10 44
11. Crystal Palace 35 13 4 18 -13 43
12. West Ham 35 10 7 18 -10 37

Breaking League News

Options to replace Lloris?
Spurs : 24/04/2014 10:39:00
Stoke aim to be record breakers
Stoke : 24/04/2014 10:31:00
Kightly set for exit door
Stoke : 24/04/2014 10:12:00
Ref Watch: Marriner to officiate Stoke v Tottenham
Stoke : 24/04/2014 09:57:00
Everton to make summer swoop for Welbeck
Everton : 24/04/2014 09:45:00
Liverpool: New-Look Anfield Unveiled
Liverpool : 24/04/2014 09:19:00
Where are we?
Spurs : 24/04/2014 08:40:00

Current Site Poll (view all polls)

Are we stronger than when we finished 5th?
Suggested By:  TNMW
Yes, there's absolutely no doubt we are 20%
Divvent be stupid man, what planet yee from? 80%