Mike Ashley’s Poor Record At Newcastle United

Newcastle’s record in the Premier League under Mike Ashley is not good, and this will be the 8th year the Billionaire has owned the club, and we have only one top six finish (5th in 2012) and only one other top 10 finish last year when we were 10th, and we’ve beaten 50 points only once in eight years.

mike ashley cointemplating

Mike Ashley – poor record as Newcastle owner

Maybe that’s a good definition of mediocrity under Mike Ashley, and Newcastle will need to get at least 15 points in our last 10 games to make it the second year we have beaten 50 points with Ashley owning the club.

At the moment we are in 11th place on 35 points from 28 games, and a poor goal difference of -11, and we are 4 points behind West Ham who have a goal difference of +5 so we are really 5 points off 10th place.

And Newcastle are 5 points above Crystal Palace and West Brom below us, who also have better goal difference than Newcastle.

So it could be we remain in 11th place by the end of the season, and it would mean only two top ten finishes in eight years under Ashley, and we wont even mention we got relegated in his second season in charge.

This is the record of Mike Ashley at Newcastle.

Premier SeasonPositionNumber of Points
2008-20091834 - relegated
2009-20101 (Championship)102 - promoted
2015-20161837 - relegated
2016-20171 - (Championship)94 - promoted
2018-2019149 - after 12 games

Anybody looking at that record would think we were a middle of the table side with no ambition.


Fans have been expecting the figures for the last financial year to be released soon, but they seem to have been  delayed.

Revenues of £129.5M and profits north of £40M (even £50M?) will both be records at Newcastle, but will mean very little when you look at our league position.

So we have to hope that Mike Ashley will commit to spending more of Newcastle’s (big) profits on building up the squad in future years.

But precious little of that has been done over the last eight years.

Mike’s main interest at Newcastle seems to be building up the coffers, and he’s certainly done a good job at that.

It’s a very poor record for Newcastle United in the eight years under Mike Ashley – it’s hard to get away from that.

So here’s one area where Mike Ashley has not been successful.

What do you think?

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7 comments so far

  • hibbit

    Mar 13, 2015 at 8:29 AM

    Comment #1

    but top of the balance sheet leaque which we all know is a harder leaque to win

  • hibbit

    Mar 13, 2015 at 8:45 AM

    Comment #2

    looking forward to the release of the new accounts so i can paw over the numbers the spread sheets will give more pleasure then winning the fa cup will balance the be good enough to win the leaque will mike have pushed ahead with his billions i know a lot of you will call me a glory hunter but its so much better supporting winning team

  • Ian Toon

    Mar 13, 2015 at 8:46 AM

    Comment #3

    Any right minded toon fan has to agree with BandB( earlier) on never wanting us to lose. For me the most enjoyable game watched this season was back in September at Crystal Palace. We gave a performance full of spirit which we’ve craved for months. The press made much of the youngsters caring about the shirt and it showed.

    As a fan the game represented everything you want from your team with players caring as much as you do. Also perhaps it’s the feeling that we have the nucleus of a team that understands our mentality.
    That it’s not all about value for money and a strong set of accounts.

    Youngsters give much cause for hope and that things can get better. I can’t wait to see Rolando back in t black n white. Pace, spirit and assurance have been sadly missing.

  • headtheball

    Mar 13, 2015 at 8:53 AM

    Comment #4

    Ian @ 3
    Deja vu mate.
    Is this Ground Hog Day?

  • lesh

    Mar 13, 2015 at 10:29 AM

    Comment #5

    The £129m revenues Deloitte referred to were from the previous set of accounts.

    We’ll not see the latest reported revenues until the latest accounts are released!!

    Why are they taking so long? Could the Auditors have raised a concern or two I wonder? A mis-posting here, a mis-allocation there? These things happen, mistakes anyone can make. Hey ho.

  • sickandtired

    Mar 13, 2015 at 10:44 AM

    Comment #6

    @ Lesh – not they weren’t. The last accounts published had turnover of 95.9 million.
    If Deloitte can publicly state that the accounts show 129 million turnover for the latest accounts they have signed off on, months before they are actually released, then that should be a concern to us all.

  • Sav

    Mar 13, 2015 at 11:06 AM

    Comment #7

    We hoped for a trophy for our club and that’s what we got – atrophy. Thanks, Mike.

    …Thought for the Day…..


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