UK time is: 07:42:59
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

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.'




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:Sunday November 1 2009

Time: 5:31PM

Your Comments

We feel for you Ross...we really do...so check out the Chelsea forum where we're trying to help you out mate!
mutters
 

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 296
2. Toon_NoMatterWot 267
3. Rexn 245
4. BLACKBOB 216
5. OldLeazes 171
6. Platinii 145
7. ukrocks0007 128
8. nufc_carl88 118
9. Chief_Brody 117
10. thecorner 106

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

Cole Interesting Real
Chelsea : 23/04/2014 07:42:00
Atletico Madrid 0 Chelsea 0
Chelsea : 23/04/2014 07:33:00
Liverpool: Sterling Labelled Best In Europe
Liverpool : 22/04/2014 19:24:00
Summer transfer activity.
Chelsea : 22/04/2014 16:42:00
Liverpool: Four Reds In MNF Dream Team
Liverpool : 22/04/2014 14:45:00
Cattermole Ready For The Hard Work To Come
Sunderland : 22/04/2014 14:39:00
Moyes Sacked By United
Norwich : 22/04/2014 14:00:00

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%