Derek Llambias is doing his best to detail just how much Mike Ashley has put into the Newcastle club this season to keep them afloat.
Derek Llambias – praising Mike Ashley
But Derek would be better advised not to push it too much, after the mess Mike made of the famous club in his first two seasons on Tyneside.
Mike’s only cleaning up the mess he made, but yes it’s good he’s keeping the club afloat through the end of the season, in the distinct hope the club get promoted at their very first attempt.
The only way Mike can garner the support of Newcastle fans longer term however, is by doing what he’s been doing these last two months – keeping a low profile and supporting his manager.
Derek Llambias wrote in the Newcastle program yesterday:
“ “Let me set the record straight about Mike’s commitment to Newcastle United.”
“Since the beginning of the season, he has pumped £25.5million into this football club and this week, a further £5M was needed.”
“In addition to these amounts, Mike, realizing the need to bring in new faces and back his manager’s request, spent £5.5M in the January transfer window.” “This cash, as with all the funds that Mike has put into the club, is interest-free.”
“This money is critical and is needed to cover the shortfall between what we bring in as a football club (income) and what we pay out (costs).”
“As you will have read in the press, not all football clubs have such a benefactor and some are on the verge of bankruptcy or have already gone into administration.”
“There are clubs from across the board that are struggling financially at this moment in time, and if it wasn’t for Mike’s continued input, I genuinely think we would be in a similar position to the one Portsmouth find themselves in at this moment.”’
There is still significant negativity towards Ashley from sections of the Newcastle supporters, and some of them will never take to Ashley – ever – even if we won the Premiership.
However, fans who are only human and if they see Mike trying to right his wrongs of the past, and he brings the club back from disaster and we start to do well, then over time they will start supporting him.
Certainly those fans who were hoping he will sell in the summer are going to be disappointed because Mike will not do that – not after such a great comeback season.
Certainly the club under Chris Hughton looks a lot more stable than it’s been since Bobby Robson managed the club, and the team spirit is one of the best the club has had for many many years – and it’s great to see!
With continuing support for Chris in the summer from Ashley, and some decent signings, things are certainly improving on Tyneside, and the summer transfer season promises to be a good one for Newcastle fans.
Ashley’s gamble of trying to keep the club afloat so they can win promotion seems to be paying off with the team rampant in the second half yesterday, and they are now 9 points ahead of WBA in third place.
It’s certainly looking good right now for automatic promotion.
Howay The Lads!!