UK time is: 20:46:30
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 (oldest first)

Change to most recent first
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
Report Abuse
20/08/2009 22:11:00

...He's a fool for not just sticking the cash in a savings account and building up the interest for 2+ years
geordie_mark
Report Abuse
20/08/2009 22:11:00

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
Report Abuse
20/08/2009 22:41:00

 

Have Your Say

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

Recent Newcastle United Articles

NUFC Irony (Tuesday April 28 2015)

De Jong & Riviere On Swansea Loss (Monday April 27 2015)

Carver - Not Good Enough Again (Monday April 27 2015)

Can The Cavalry Save NUFC? (Sunday April 26 2015)

NUFC Secrets And Lies (Sunday April 26 2015)

Janmaat Set For Exit? (Sunday April 26 2015)

Carver Accused Of Abuse Again (Saturday April 25 2015)

Audio - Not Good Enough Again (Saturday April 25 2015)

Stats: Newcastle v Swansea (Saturday April 25 2015)

de Jong Back For NUFC (Saturday April 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 167
2. OldLeazes 131
3. billybobcat 114
4. officemonkey 114
5. BLACKBOB 27 101
6. BLACKBOB 79
7. keggy_keagal 78
8. Hugo45Viana 61
9. vin1892 60
10. daftladguy 52

League Table (view table)

Team P W D L GD Pts
11. West Ham 34 11 11 12 0 44
12. Crystal Palace 34 11 9 14 -5 42
13. WBA 34 9 10 15 -14 37
14. Newcastle 34 9 8 17 -21 35
15. Aston Villa 34 8 8 18 -22 32
16. Hull City 33 7 10 16 -14 31
17. Leicester City 33 8 7 18 -16 31

Breaking League News

Hull v Liverpool - Team Sheets
Hull City : 28/04/2015 19:06:00
Something to Mull Over!
Chelsea : 28/04/2015 18:28:00
USA Pre-Season Tour Update
Man Utd : 28/04/2015 17:59:00
Hammers Linked with French Striker
West Ham : 28/04/2015 17:53:00
Hernandez in Swap Deal
Man Utd : 28/04/2015 17:48:01

Current Site Poll (view all polls)

Swansea MotM
Suggested By:  Site Staff
Krul 0%
Janmaat 24%
Williamson 0%
Coloccini 0%
Anita 0%
Colback 44%
Taylor 0%
Gutierrez 12%
Cabella 0%
Riviere 0%
Perez 8%
Sub - Abeid 0%
Sub - de Jong 8%
Sub - Armstrong 4%