Mike Ashley Remains Positive – Shearer

It seems that Alan Shearer is in regular contact with owner Mike Ashley, during the crucial run in, where at least on paper Mike could lose over £100M.


Mike Ashley – staying positive – just like Alan

That £100M is an estimate of the amount the team will be reduced in value, if the team is relegated. But that assumes the club is still worth around £150M, which is probably on the high side.

Of course the revenue the team will get will also be reduced significantly by the elimination of Premier League TV  revenues, and while we are not privy to the exact amount that’s at least £50M each season. The club will also have a reduction in gate revenues  with playing in the Championship.

Of course the reduction in revenue is one reason the club is not worth as much as before.

But there’s the old adage, you only lose when you sell, so if Mike doesn’t sell the club, which he’d be stupid to do, and if Alan can rebuild the squad, in a year or two we could be in much better shape than we are right now.

That’s the business (and realistic) way of looking at relegation, but of course it would all be so much easier if we could survive this season.

Alan talked to Mike last week, and this is what Alan said:

“I spoke to Mike again this week and he’s in fine mood,” “He was disappointed we didn’t win on Monday.”

“But I think he was encouraged, certainly first half, by what he’d seen.”

“He has to remain positive just as much as we do.”

If Alan takes the job full time, then Mike Ashley could take a leaf out of Aston Villa’s American Owner, Randy Lerner, and let Alan get on with it. Randy has fully backed Martin O’Neill at the Villa, and let Martin get on with the job of building the squad.

O’Neill has done a fantastic job in the last couple of years, with Randy remaining in the background, but the owner still can be seen at every Aston Villa game.

It looks like Alan has asked Mike to at least to wear a white shirt at the games, so he looks decent as the Newcastle owner, but there’s no doubt Mike seems to enjoy the games.

Whether he’s enjoying the games right now, is another matter of course. It’s hard enough for us to watch the games these days, never mind if £100M or more was riding on Newcastle surviving the season.

Oh well, it’s only money.

Comments welcome.

20 comments so far

  • batty

    May 2, 2009 at 11:17 AM

    Comment #1

    i think its aboot time we all grew up and stop blameing people because its not doing us any good all this hate we all know each others opinions by now iam just praying we stay up

  • Stardust

    May 2, 2009 at 11:25 AM

    Comment #2

    Good to see your still on the positive side Batty!

  • Johno Toon

    May 2, 2009 at 11:31 AM

    Comment #3

    very good point batty , staying up is all that counts at this moment in time

  • Doocey

    May 2, 2009 at 11:40 AM

    Comment #4

    We can play the blame game when we’re safe.
    But I really don’t know if we will be safe.

  • workyticket

    May 2, 2009 at 11:45 AM

    Comment #5

    Aye batty, about what are we all going to chat about if we’re not all arguing, calling each other Mackems etc? 🙂

    Of course, your right though.

  • workyticket

    May 2, 2009 at 11:48 AM

    Comment #6

    you’re right.

  • RyanToon

    May 2, 2009 at 11:48 AM

    Comment #7

    toon toon black and white army!!!!!!!!!!!!!!!

  • geordie deb

    May 2, 2009 at 11:50 AM

    Comment #8

    Hi Batty,
    you’re right – hopefully others who constantly talk the blame game will take note.

  • workyticket

    May 2, 2009 at 11:53 AM

    Comment #9

    Morning Deb, how are you?

  • bowburnmag

    May 2, 2009 at 12:08 PM

    Comment #10

    I blame all the Ashley-lovers like Stardust and worky.

  • workyticket

    May 2, 2009 at 12:12 PM

    Comment #11

    bowburnmag // May 2, 2009 at 12:08 PM

    “I blame all the Ashley-lovers like Stardust and worky.”

    I blame all the Keegan arselickas like bowburnmag! 😉

  • geordie deb

    May 2, 2009 at 12:13 PM

    Comment #12

    Fine thanks Worky and you? I’ve just found out that I need to go to a medical conference in the US the day we play Fulham so I’m going to be in the middle of a long plane journey without knowing the result, which will be torture! Typical, I was hoping to get to the Fulham game but that’s put paid to that.
    Hoping that Swine Flu might put paid to to the meeting being held as it’s located in one of the hotspots. Just have to tune in to Fox Sports.

  • workyticket

    May 2, 2009 at 12:14 PM

    Comment #13

    batty, you made a comment to me yesterday which really got me thinking.

  • workyticket

    May 2, 2009 at 12:29 PM

    Comment #14

    geordie deb // May 2, 2009 at 12:13 PM

    “Fine thanks Worky and you?”

    Much better now the sun’s out and I’ve nearly finished my decorating Deb. Sorry to hear you’ll miss the Fulham game.

  • bowburnmag

    May 2, 2009 at 12:33 PM

    Comment #15

    worky – on a serious note, how do you see the season ending?

  • workyticket

    May 2, 2009 at 2:25 PM

    Comment #16

    bowburnmag // May 2, 2009 at 12:33 PM

    “worky – on a serious note, how do you see the season ending?”

    Haven’t got a clue to be honest Bowburn, it could all go down to one kick of the ball, a shot being scuffed off the post or something like that. As an optimist though, I have to say that we’ll stay up, possibly at the expense of Hull who’ve completely lost the plot with that Phil Brown!

  • batty

    May 2, 2009 at 5:01 PM

    Comment #17

    which comment was that worky

  • batty

    May 2, 2009 at 5:11 PM

    Comment #18

    strdust iam gonna be shouting and screaming till the end m8 and if we do go down ile do the same next season m8

  • korn8

    May 2, 2009 at 10:40 PM

    Comment #19

    most of the results went our way today, one point against Liverpool can prove to be very important in two ways: the table(it doesn`t lie, unfortunately) and for the confidence.

    I don`t know what is worst to be honest, the table? or the fact we don`t even believe we can beat Pompey at st.james park!!
    what happened with the mighty magpies? 😉

  • Tom_Toon

    May 2, 2009 at 11:01 PM

    Comment #20



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