Vital Football

Latest Newcastle United News

Gaffe number #253 - Full Reinvestment

Gaffe number #253 - Full Reinvestment

In the long list of Mike Ashley bull-shitisms, his latest revelation about ploughing £20m into the club, giving naming rights money to Chris Hughton and allowing him cash from player sales is about as hollow as a canoe. This follows the Keegan debacle, the sale of the club falsehoods and Joe Kinnear. How honestly does the bloke expect us to believe him after streams and torrents of lies?

Laughably a source 'close to the club` said:

'Mike recognises what the name St James' Park means to the Newcastle fans and he understands why there is some anger. But all he is asking is for the fans to sit back and take a realistic look at the situation.

It is costing him £3m a month out of his own pocket to run Newcastle and he is trying to look at other ways of raising revenue - the St James' Park name is one of his few valuable assets. But he is not going to flog the name of the stadium to the first bidder. He is looking for a significant figure for the stadium naming rights and if he gets it, all the money will go to help Chris Hughton strengthen the team.

Mike has to run the club as a business and at the moment it is probably in a better state than 50 per cent of teams in the Premier League. Yes, Mike has made mistakes, none more so than the appointment of Dennis Wise as director of football, but what has not been a mistake is the way the club is now reaping the rewards of unearthing young talent. Mike is absolutely delighted at the way the likes of Ranger and Andy Carroll have come through

If someone with real financial clout came in, like Sheikh Mansour did at Manchester City, then Mike would sell it overnight. He accepts that the Newcastle fans are never going to love him, not until he gets the club back into the Premier League. But he just wants the fans to love their team and he has been thrilled by the way they have done this season.'

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



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

Writer:Ross Molyneux
Date:Sunday November 1 2009
Time: 5:31PM

Comments

0
We feel for you Ross...we really do...so check out the Chelsea forum where we're trying to help you out mate!
mutters
05/11/2009 08:59:00
Page 1/1
  1. 1

Login to post a comment

Recent Newcastle United Articles

Duo In Team Of The Week (2/5/16)

Newcastle United are represented in the latest Premier League team of the week that has been selected by BBC pundit Garth Crooks.

Sissoko On Crazy Palace Game

Moussa Sissoko has said that character was vital to Newcastle's win over Crystal Palace at the weekend.

Benitez Hails Darlow & Townsend

Manager Rafa Benitez has hailed the performances of both Karl Darlow and Andros Townsend in the weekend's victory over Crystal Palace.

Run Geordie Run's Euro Run Starts

Today is the day that Mark 'Run Geordie Run` Allison begins his 3,400 mile run across Europe.

Archived TOTT Articles

TOTT articles from

Site Journalists

Ken Waugh
no email
Profile
TNMW
Editor email
Profile
Ian Smith
no email
Profile
Rexn
no email
Profile
BowburnMag
no email
Profile

Current Poll (see more polls)

Palace MotM
Suggested By: Site Staff
Darlow46%
Anita4%
Mbemba0%
Lascelles4%
Dummett0%
Tiote0%
Colback4%
Townsend42%
Sissoko0%
Wijnaldum0%
Cisse0%
Sub - Mitrovic0%
Sub - Perez0%
Sub - Shelvey0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 36 22 11 3 77 30
2 Spurs 36 19 13 4 70 39
3 Arsenal 36 19 10 7 67 25
4 Man City 36 19 7 10 64 30
5 Man Utd 35 17 9 9 60 12
6 West Ham 35 15 14 6 59 17
7 Southampton 36 16 9 11 57 14
8 Liverpool 35 15 10 10 55 11
9 Chelsea 35 12 12 11 48 7
10 Stoke 36 13 9 14 48 -14
11 Everton 35 10 14 11 44 6
12 Watford 35 12 8 15 44 -6
13 Swansea 36 11 10 15 43 -13
14 WBA 36 10 11 15 41 -14
15 AFC Bournemouth 36 11 8 17 41 -20
16 Crystal Palace 36 10 9 17 39 -10
17 Newcastle 36 8 9 19 33 -25
18 Sunderland 35 7 11 17 32 -18
19 Norwich 35 8 7 20 31 -26
R Aston Villa 36 3 7 26 16 -45
Latest F1 News
Latest Vital Boxing News

Recent Newcastle United Results (view all)

Newcastle United Fixtures (view all)

May 7 2016 3:00PM : Aston Villa (a)
Barclays Premier League
May 15 2016 3:00PM : Tottenham Hotspur (H)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.Toon_NoMatterWot16
2.BLACKBOB7
3.PieMag4
4.vin18923
5.Jackals Tooth3
6.billybobcat3
7.Toonarmy15171
8.Sir Laz1
9.Neppos1
10.Mcnamee671