Mike Ashley seems almost the polar opposite to former Chairman Freddy Shepherd.
Mike Ashley – wont spend money Newcastle has
Freddy Shepherd was a football man but not a good business man, and Mike Ashley is a good business man but not a football man.
Freddy Shepherd was always willing to pay out big bucks for players and a lot of those players turned out to be mediocre at Newcastle, but once the club found that out, the players were on big wages and the club had often paid massive transfer fees for them.
Freddy spent money the club didn’t have, and when Mike Ashley bought the club four years ago he found out Newcastle were over £100M in debt.
Freddy Shepherd – spent money Newcastle didn’t have
And also the funds coming in from Northern Rock over the next few years had already been set aside to pay for a certain Michael Owen.
Compare that to Mike Ashley, who will not pay out big bucks for any player , and of course the difference is that Newcastle now have big money to spend, but won’t spend it.
Freddy paid out big money the club didn’t have, and Ashley will not pay out big money when the club has it to spend, and even said in February they would spend it.
Neither Freddy nor Mike is what the Newcastle club needs, but somebody somewhere in the middle, a person who has a decent business brain, and wants to build Newcastle into a top team again, but is also a football person.
That’s what Newcastle need, but how long Mike Ashley will be on Tyneside, we have no idea, but why did he ever buy Newcastle in the first place?