Newcastle United Rubbish Administration Story


We had hoped this would happen today, after  a single report in a Sunday newspaper yesterday, that Newcastle could go into administration.

derek-llambias-ertyu

Derek Llambias – Newcastle into registration news is rubbish
 
 Newcastle Managing Director Derek Llambias has rubbished suggestions, made in one Sunday newspaper, The Sunday Express, that Newcastle United are considering going into administration this season, or in the summer.

Derek Llambias last night told The Newcastle Journal:

“There is absolutely no truth in the story whatsoever. It’s ridiculous, it’s usually based on a rumour and I don’t know where these things are hatched.”

They are hatched in the evil minds of  football gossip columnists – that’s where they are hatched – and it’s pitiful.

We have to admit that we continue to be amazed at some of the rubbish, these gossip papers are able to print in England, and get away with.

Most papers, and principally the Mirror, Sun and Mail seem to be trying to incite fans at Newcastle – and have been doing so for most of the season, since Kevin Keegan left. How they can print these stories, that have no basis in fact, is completely beyond us.

As one example yesterday, the Express suggested that Newcastle may go into administration this season, and doing that would cost the club 9 points and certain relegation.

Who in their right mind would ever believe that, and who is it that writes this ridiculous stuff?   The author of yesterday’s complete piece of vile rubbish was John Richardson. Do you think he spent all last week thinking this up?

Surely at some point, clubs like Newcastle should take legal action to quell the rubbish that is written, and a lot of it is about Newcastle, as we all know.

We had said yesterday that Newcastle fans should not fall for the bait, which is exactly what the papers want to see happen – so they have a new story, and the worse it is for Newcastle – the better it is for them – and more papers are sold.

It’s shameful, that’s what it is.

Comments welcome.



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30 comments so far

  • Indian toon

    Mar 30, 2009 at 9:35 AM

    Comment #1

    what is this that the club getting into administration!? can somebody here explain this to me!!!

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  • spiderpig

    Mar 30, 2009 at 9:42 AM

    Comment #2

    good article ed and totally with you.i would start sueing a few papers if i was ashley.after all the crap the clubs been thru the last thing we need is more lies being dreamt up by some numpty whos never kicked a ball in his life.the thing is tho if you sued everyone who wrote something about the toon we would be living in the courthouse literally.lol

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  • BT9MAG

    Mar 30, 2009 at 9:47 AM

    Comment #3

    Indian toon,

    As far as I am aware, going into administration means selling the company to creditors but with that, canceling all debt and loans – so basically declaring bankruptcy … That’s just my rough impression, I’m sure someone else could tell you more accurately.

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  • UTD111

    Mar 30, 2009 at 9:58 AM

    Comment #4

    What the hopeless cockney mob who run the club haven’t quite grasped is that if you are totally inept at Communications and PR – which they are, you leave a vacuum in which rumour persists and is left unchallenged, and the press have a field day.

    Nice of “Harry Potter” Llambias to actually open his gob in public again. Pity it had to be in response to a press story – and not to tell us how they intend to miraculously win 4 games from the next 8, having won 6 all season.

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  • SuperShearer

    Mar 30, 2009 at 10:02 AM

    Comment #5

    Ed you legend, name and shame the incompetents idiot who wrote it. That’s right John Richardson you represent everything that is wrong with the British press, and now all Newcastle fans will remember your name….feel free to stop by St. James anytime 😉

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  • bobby_ollox

    Mar 30, 2009 at 10:15 AM

    Comment #6

    Hmmm – look at our record this season

    Manager quitting and no-one wants the job
    C-class Interim manager goes sick within weeks of taking the job
    Best players leaving and remaining players fighting in training
    Apalling results and pitiful football all season
    Owner gambling away the transfer kitty
    Executive team who are utterly invisible
    ‘Best fans in the world’ imploding in public
    Englands ‘finest striker’ cant kick a ball in a straight line

    You just couldnt make this stuff up…. so now they are trying.

    Get used to it – there will be lot more before the end of the season.

    Remaining players

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  • peter W

    Mar 30, 2009 at 10:18 AM

    Comment #7

    Out of interest do you have a link for this? because Ive searched the Journals website and cant find any mention of this story.

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  • Sav

    Mar 30, 2009 at 10:21 AM

    Comment #8

    You’re right, Ed. But a couple of comments:

    First, at least it made Llambias crawl out into the daylight for 5 minutes to refute the story. We were promised Ashley would ‘speak to the fans’ after the transfer window and we are still waiting. Leave a void and the hacks will fill it with a story they make up. To that extent, the board is culpable. You would especially have expected Llambias and Ashley to be to the fore while Chris Hughton is having to handle the media as well as fill Joe’s boots on the training ground and in the dug-out. Hughton is clearly uncomfortable in the limelight but he has been given no help whatsoever.

    Secondly, why would any journalist need to make something up to incite the Newcastle fans? All they need to do is print the unvarnished truth. George Caulkin has been doing a good job and he’s not with the red-tops.

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  • Ed Harrison

    Mar 30, 2009 at 10:25 AM

    Comment #10

    Sav – I agree about The Time’s George Caulkin – in fact I think he’s one of the best reporters on Newcastle – he’s professional – but tells the truth and puts out good stories on the club. Take your point – but he’s also not ridiculous like some of them.
    What a terrible season this has been – oh well – mustn’t get too depressed. 😀

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  • beyethegreat

    Mar 30, 2009 at 10:32 AM

    Comment #11

    ed

    i can promise you they have been trying to incete newcastle fans for more than just this season

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  • Sav

    Mar 30, 2009 at 10:37 AM

    Comment #12

    Its often miserable but never dull.
    Keep up the good work of keeping fans informed, Ed. Thanks.

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  • repo

    Mar 30, 2009 at 10:48 AM

    Comment #13

    its all a cover up..

    trust me…

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  • Johnny Knobsock

    Mar 30, 2009 at 11:01 AM

    Comment #14

    Ed… John Richardson is a well known journalist of repute who supports Newcastle.

    You say that the Mirror, Sun and Mail incite the fans and printing stories that have no basis fact, but you seem happy to use their baseless stories for your blog when it suits you.

    I’m all for real reporters like John Richardson and George Caulkin reporting what they believe to be the the truth about the Toon rather than reading some self congratulatory “Mike and Derek are great/aren’t we wonderful/everything’s rosy in the garden” day dreaming blog authors.

    The club is in shit complete shit street with Ashley and his clowns running it, you do not seem able to grasp it.
    You believe Llambias about the administration but there again you believed him when he told you we were going to sign new players and qualify for Europe this season as well didn’t you! 😀

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  • waddler

    Mar 30, 2009 at 11:05 AM

    Comment #15

    There are journalists and gossip columists, unfortunately we attract the gossip merchants whose sole aim in life is to make a buck at anyones expense, probably Richardson’s mum can explain the deficiency in his ( nearly called him a man ) character.
    I’m glad Llambias has refuted this destructive nonsense so quickly.
    Ed you are right when you say it is unbelieveable this sort of story can be printed in a democracy, unfortunately we live in a world were politicians, bankers and the media are prepared to do anything for a buck, just like Mr Richardson.
    They think we are the mugs but we will see what happens from the fallout left by our leading lights and the terrible resession/depression they have given us as a concequence of there selfish iresponsible behaviour.
    I fully expect journalistic law to be reviewed and revised soon and a citizens rights to be upheld in law.
    If I was Ashley I would still take this creeps newspaper to court and make an example of them for the clubs sake.

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  • waddler

    Mar 30, 2009 at 11:07 AM

    Comment #16

    Anyone know the latest on the two boys from MFK Kosice.

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  • Nobby_Long

    Mar 30, 2009 at 11:31 AM

    Comment #17

    This article is supposedly from a respected sports journalist with good NUFC connections, so it is bound to cause some concern.

    However, what on earth can Ashley stand to gain from putting the club into administration? The club owes him millions, of which he would not get much back if he did so. The only scenario I can see where it could be of benefit is if the Holding company has actually taken out loans to cover the cost of the loans to NUFC. I don’t believe this is the case though, as it was not mentioned in the recently published accounts. In which case it would be illegal to have such loans.

    I’m not sure if Ashley could intend to take out such loans in the near future, to reimburse himself for the money owed to him by the club, then put the club into adminstration to avoid having to repay that loan. Perhaps someone with a better understanding of such things could shed some light on whether that would be legal?

    Anyway, the club have apparently denied the story, although they would if it were true also. so hopefully it is a dead duck.

    It will be interesting to see how much Ashley will be willing to put in to cover the shortfall next season. Even though we get a parachute payment (£11m was mentioned on the radio) and some high earners will leave, the income will be drastically reduced. It could well be the journalist has simply estimated that the club will need a massive cash injection to meet its outgoings if we go down, and Ashley might not be too willing to do that.

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  • Popeye

    Mar 30, 2009 at 11:32 AM

    Comment #18

    Chaps

    News just in…

    …Tabloid prints sensationalist story with no basis in fact.

    I’ll alert the media! Oh! Then again, as it’s been the norm since hacks discovered papyrus, maybe I’m wasting my time in trying to strike up any interest in that one.

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  • Spitfire

    Mar 30, 2009 at 11:33 AM

    Comment #19

    You ca’t just assume the story is baseless and wrong, just as you can’t assume Llambias is telling the truth. All you are doing is choosing the story that is more palatable to you. In that you are saying “John Richardson is a liar and Derek Llambias is not”. That may be true alternatively the opposite may be true. I don’t know John Richardson whereas Llambias track record isn’t that great is it? And of course any business will deny that they could be put into administration : to say nothing or to confirm it would be instant disaster.

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  • Newckie

    Mar 30, 2009 at 11:58 AM

    Comment #20

    Wacko! The gutter slime are at it again, inventing utter dross because they are incapable of anything better.
    Totally agree wit name and shame bit, well said.

    Aint going to happen..end of!

    Maybe you could set up a media slime ball of the week section Ed lol. (Need to allocate about 400 gig like 🙂

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  • BT9MAG

    Mar 30, 2009 at 12:00 PM

    Comment #21

    Nobby Long – spot on mate!

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  • workyticket

    Mar 30, 2009 at 12:09 PM

    Comment #22

    Spitfire // Mar 30, 2009 at 11:33 AM

    “You ca’t just assume the story is baseless and wrong, just as you can’t assume Llambias is telling the truth.”

    Spitfire // Mar 30, 2009 at 11:33 AM

    “You ca’t just assume the story is baseless and wrong, just as you can’t assume Llambias is telling the truth.”

    Spitfire, the story is wrong and that isn’t an assumption. Ashley has already undertaken to continue supporting the club until the next accounts are due at least, and going into administration would be completely nonsensical anyway. John Richardson has made the story up to wind up the natives.

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  • Spitfire

    Mar 30, 2009 at 12:25 PM

    Comment #23

    Worky

    I can’t see why people are drinking from the fountain of truth that is Derek Llambias, thats all

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  • Nobby_Long

    Mar 30, 2009 at 12:35 PM

    Comment #24

    I’ve emailed the Express’s sports editor, Bill Bradshaw to ask him what does the author believe to be the benefits to Ashley from Administration.

    I’ve also suggested that an article exploring the financial options open to Ashley if we get relegated, including would he better to cover the balance sheet shortfalls & try for promotion, or sell, seek other investment etc etc- To pose and to try to answer the question, does Ashley really have the stomach for the fight if we go down??

    All we are getting at the minute is ‘we won’t go down’ – well we damn well could, so please let us know what Ashley IS likely to do if we do go down & WHY

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  • workyticket

    Mar 30, 2009 at 12:53 PM

    Comment #25

    Spitfire // Mar 30, 2009 at 12:25 PM

    “Worky

    I can’t see why people are drinking from the fountain of truth that is Derek Llambias, thats all”

    Don’t have to Spitfire. The whole story is patently ridiculous, and designed to fool those who are not very well informed about the financial arrangements of St James’s Holdings, Mike Ashley, and business administration in general.

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  • chuck

    Mar 30, 2009 at 2:00 PM

    Comment #26

    Who would you rather believe, an incompetent
    Ashley mouthpiece, (would you buy a used car from this guy) Llambias, or a media sleaze, hey it

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  • chuck

    Mar 30, 2009 at 2:04 PM

    Comment #27

    is a tossup.
    But there`s seldom smoke without fire.
    Who knows what the more recent effects of the financial meltdown have had on the Ashley empire ?

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  • Tom_Toon

    Mar 30, 2009 at 3:27 PM

    Comment #28

    /

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  • workyticket

    Mar 30, 2009 at 5:23 PM

    Comment #29

    chuck // Mar 30, 2009 at 2:04 PM

    “Who knows what the more recent effects of the financial meltdown have had on the Ashley empire ?”

    Bottomed out at the end of last year, but has been rising slowly but steadily this year due to demand for cheap tat in the wake of the ‘Credit Crunch’ Chuck. He floated SD earlier, making over £900,000,000 in one day selling shares at a high price (a record), then when the shares nosedived, he bought them back for a song. He’s worth about £800 million in the current climate, just a little more than Randy Lerner at Aston Villa.

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  • Popeye

    Mar 30, 2009 at 9:41 PM

    Comment #30

    is there any reason why my previous comment has not appeared?

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