Mike Ashleys Statement Fair enough really like IMO, whats the thoughts of NUFC Fans?? "I have enjoyed sport since I was a boy. I love football. I have followed England in every tournament since Mexico '86. I was there to see Maradona and his hand of God. I know what it means to love football and to love a club. I know how important it is to other people because football is so important to me. My life has been tied up with sport. It was the passion that I felt for sport that helped me to be successful with my business. That success allowed me to mix my passion and my business. I bought Newcastle United in May 2007. Newcastle attracted me because everyone in England knows that it has the best fans in football. When the fans are behind the club at St James' Park, it makes the hairs on the back of your neck stand up. It is magic. Newcastle's best asset has been, is and always will be the fans. But like any business with assets the club has debts. I paid £134million out of my own pocket for the club. I then poured another £110million into the club not to pay off the debt, but just to reduce it. The club is still in debt. Even worse than that, the club still owes millions of pounds in transfer fees. I shall be paying out many more millions over the coming year to pay for players bought by the club before I arrived. But there was a double whammy. Commercial deals such as sponsorships and advertising had been front loaded. The money had been paid up front and spent. I was left with a club that owed millions and part of whose future had been mortgaged. Unless I had come into the club then it might not have survived. It could have shared the fate of other clubs who have borrowed too heavily against their future. Before I had spent a penny on wages or buying players Newcastle United had cost me more than a quarter of a billion pounds. Don't get me wrong. I did not buy Newcastle to make money. I bought Newcastle because I love football. Newcastle does not generate the income of a Manchester United or a Real Madrid. I am Mike Ashley, not Mike Ashley a multi-billionaire with unlimited resources. Newcastle United and I can't do what other clubs can. We can't afford it. I knew that the club would cost me money every year after I had bought it. I have backed the club with money. You can see that from the fact that Newcastle has the fifth highest wage bill in the Premier League. I was always prepared to bank roll Newcastle up to the tune of £20million per year but no more. That was my bargain. I would make the club solvent. I would make it a going concern. I would pour up to £20million a year into the club and not expect anything back. It has to be realised that if I put £100million into the club year-in, year-out, then it would not be too long before I was cleaned out and a debt-ridden Newcastle United would find itself in the position that faced Leeds United. That is the nightmare for every fan. To love a club that over-extends itself, that tries to spend what it can't afford. That will never happen to Newcastle when I am in charge. The truth is that Newcastle could not sustain buying the Shevchenkos, Robinhos or the Berbatovs. These are recognised European footballers. They have played in the European leagues and everyone knows about them. They can be brilliant signings. But everybody knows that they are brilliant and so they, and players like them, cost more than £30million to buy before you even take into account agent commissions and the multi-million pound wage deals. My plan and my strategy for Newcastle is different. It has to be. Arsenal is the shining example in England of a sustainable business model. It takes time. It can't be done overnight. Newcastle has therefore set up an extensive scouting system. We look for young players, for players in foreign leagues who everyone does not know about. We try and stay ahead of the competition. We search high and low looking for value, for potential that we can bring on and for players who will allow Newcastle to compete at the very highest level but who don't cost the earth. I am prepared to back large signings for millions of pounds but for a player who is young and has their career in front of them and not for established players at the other end of their careers. There is no other workable way forward for Newcastle. It is in this regard that Dennis [Wise] and his team have done a first class job in scouting for talent to secure the future of the club. You only need to look at some of our signings to see that it is working, slowly working. Look at Jonas Guttierrez and Fabricio Collocini. These are world class players. The plan is showing dividends with the signing of exceptional young talent such as Sebastein Bassong, Danny Guthrie and Xisco. My investment in the club has extended to time, effort and yet again, money being poured into the Academy. I want Newcastle to be able to create its own legends of the future to rival those of the past. This is a long-term plan. A long-term plan for the future of the club so that it can flourish. One person alone can't manage a Premiership football club and scout the world looking for world class players and stars of the future. It needs a structure and it needs people who are dedicated to that task. It needs all members of the management team to share that vision for it to work. Also one of the reasons that the club was so in debt when I took over was due to transfer dealings caused by managers moving in and out of the club. Every time there was a change in manager, millions would be spent on new players and millions would be lost as players were sold. It can't keep on working like that. It is just madness. I have put Newcastle on a sound financial footing. It is reducing its debt. It is spending within itself. It is recruiting exciting new players and bringing in players for the future. The fans want this process to happen more quickly and they want huge amounts spent in the transfer market so that the club can compete at the top table of European football now. I am not stupid and have listened to the fans. I have really loved taking my kids to the games, being next to them and all the fans. But I am now a dad who can't take his kids to a football game on a Saturday because I am advised that we would be assaulted. Therefore, I am no longer prepared to subsidise Newcastle United. I am putting the club up for sale. I hope that the fans get what they want and that the next owner is someone who can lavish the amount of money on the club that the fans want. This will not be a fire sale. Newcastle is now in a much stronger position than it was in 2007. It is planning for the future and it is sustainable. I am still a fan of Newcastle United. We, my kids and I, have loved standing on the terraces with the fans, we have loved travelling with the away fans and we have met so many fans whose company we have enjoyed. We have absolutely loved it, but it is not safe any more for us as a family. I am very conscious of the responsibility that I bear in owning Newcastle United. Tough decisions have to be made in business and I will not shy away from doing what I consider to be in the best interests of the club. This is not fantasy football. I don't want anyone to read my words and think that any of this is an attack on Kevin Keegan. It is not. Kevin and I always got on. Everyone at the club, and I mean everyone, thinks that he has few equals in getting the best out of the players. He is a legend at the club and rightly so. Clearly there are disagreements between Kevin and the board and we have both put that in the hands of our lawyers. I hope that all the fans get to read this statement so that they understand what I am about. I would not expect all of the fans to agree with me. But I have set out, clearly, my plan. If I can't sell the club to someone who will give the fans what they want, then I shall continue to ensure that Newcastle is run on a business and football model that is sustainable. I care too much about the club merely to abandon it. I have the interests of Newcastle United at heart. I have listened to you. You want me out. That is what I am now trying to do, but it won't happen overnight and it may not happen at all if a buyer does not come in. You don't need to demonstrate against me again because I have got the message. Any further action will only have an adverse effect on the team. As fans of Newcastle United you need to spend your energy getting behind, not me, but the players who need your support. I am determined that Newcastle United is not only here today, but that it is also there tomorrow for your children who stand beside you at St James' Park. Mike Ashley. Sunday 14th September 2008"
He comes across as an alright bloke in that statement, and its sad to hear him say he cant return to the club for fear of his family being assaulted after all hes done in terms of reducing the debts etc (assuming everything he has said in the statement is correct). Cant believe how Fat Freddy apparently ran the club as well, transfer payments spread over x amount of years, all sponsorship money gone etc. Its no wonder the club as in so much of a mess when Ashley arrived. Then again, just as im starting to think that he sounds okay....... i remember Quinny saying he came into the boardroom doing the conga after beating us at St James last year. I have no sympathy for the fat hopeless twat
It begs the question, 'what would you have done in either or his case, or have done differently?' Seems quite a shame that hes had to come out and say all that, things that he obviously hasnt used to sell himself to the fans so far, almost as if he didnt do it for the respect of the fans.
The thing i think he has got wrong is this belief that you need different people to buy players, coach team etc. You do obviously need scouts, coaches etc though they should all be led and managed by 1 person - the manager. They should have total charge over playing and backroom staff and he should be allowed to bring in his own management team who he knows and trusts to help him with the job and different responsibilities involved. Its the manager who is judged on and ultimately loses his job over results so he also needs players he believes in on the pitch. The way NUFC are looking to run Wise could be bringing in players that the manager doesnt rate, there is no single vision on how the club will progress and everyone has their own ideas which will end up a mess in the end.
He comes across as decent in that statement, but why the fuck couldn't he have said something sooner?? For someone who is now banging on about how important the fans are, you'd think he wouldn't have left us in the dark for days over the whole thing.
anyone can get some one to write a good statement to defend himself. only words he produced in last year....... i never really had a problem with ashlet but with wise and llambas we were doing ok under chris mort imo all i want is a manger who gets control
i heard they were paying for shearer for 3 years, £5m a year. Personally think its a very well worded, and probably very handsomely paid for, media and marketing statement. he talks about paying out millions over the coming year then talks of selling the club, followed by covering by saying if someone comes in to buy. its pure propaganda if you ask me, the fact he uses his kids as the sob story bit to get public sympathy and support is just shameful!!
Sounded like a fair statement to me. One things for sure - you wont see statements like these when the club is bought by some Arab consortium as a plaything for some billionaire.
I had no doubt that fat freddy had fucked the club over with all of the money he'd spent and the debt he'd piled on the club, what riles me is how much he wasted and how much he kept for himself. I don't have a problem with Ashley, never have, but he's been a bit naive in appointing Keegan and thinking that he'd work under Wise. The whole director/coach thing could have worked brilliantly if they'd set out the boundaries and used it to complement the manager. Instead they tried to impose it on the manager.
Wasnt it Keegans temperament that made them impose the Wise thing anyways? I cant see how Ashley pulled this one for any other reason than he knew Keegan has a bit of a habit of leaving places in a blaze of .... glory?
could you imagine though if you had kids in his situation, youd be shit scared to let them open the curtains never mind go to a ground full of angry football fans
i dont think he is useless i just think football has changed so much since he was first in charge of newcastle. the way clubs are run, players transfer fees, wages etc etc. besides he still manages to beat sunderland not that, thats much to brag about
