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Fans Shocked On Twitter At Ashley Comments On Newcastle

8:22 am, Tuesday, March 22nd, 2016 by Dr. Ed Harrison · 22 Comments

Newcastle fans have taken to Twitter to express their shock at what owner Mike Ashley has told The Times today that there is no money left in the bank at Newcastle and that he now regrets having bought Newcastle and gone into football in the first place.

We should stress that Newcastle will be getting about £80M from the Premier League in May whether we are relegated or not.

mike ashley

Mike Ashley – Newcastle owner

Tags: Newcastle News · Other News · Tweet · Twitter

22 responses so far ↓

  • 1 AncientC // Mar 22, 2016 at 8:26 AM

    But Ashley is an astute business man, right?

    How can this be so?

  • 2 Mag52 // Mar 22, 2016 at 8:29 AM

    The fat guy’s cracking up. He’s clearly lost the plot.

  • 3 jimmysmith // Mar 22, 2016 at 8:32 AM

    EllaGuru // Mar 22, 2016 at 7:09 AM
    @jimmysmith 64
    You say Lascelles does not fill you with confidence, yet Colo does? Colo is the most dishonest CB in the Premier League. He has no fight, desire nor leadership skills. Yes he has a decent first touch, but lacks all the other attributes required of a CB in the Premier League.

    In fact I said “To be frank, the likes of Perez, Mitro and Lascelles don’t fill me with confidence in this intensely pressurised, almost desperate, situation.” Based on their relative inexperience, and largely modest contributions.

    I also at no point said Colo does fill me with confidence, although I did indicate a preference for him over Lascelles, based on his achievement and experience over a long career.

    Could you provide some balanced evidence to justify your wholly damning assessment of his ability and character?

  • 4 John Akomfrah // Mar 22, 2016 at 8:34 AM

    he is just a robber eh

  • 5 21st Century Schizoid Man // Mar 22, 2016 at 8:39 AM

    a robber baron

  • 6 jimmysmith // Mar 22, 2016 at 8:43 AM

    I’ve always felt Ashley has been undone much more so by inexperience and so poor decision making, rather than a conscious attempt to have the side punch light or tread water. He doesn’t know how to run a football club, and typically of his error strewn foray into the game, chose the hardest one to run there is.

  • 7 jimmysmith // Mar 22, 2016 at 8:49 AM

    He really should have been charging SD for advertising all along, and putting that quite substantial revenue back into the club, and so built his asset. I suspect that decision alone is the root of almost all the problems he’s had and has with the club.

  • 8 hibbitt // Mar 22, 2016 at 8:53 AM


    if he had chose the right people to run the club even on the budget he imposed he would not have had half the problems he’s had a tea boy for chairman a scout and manager on the board was never going to work yet the right people are out there he just didn’t pick them

  • 9 Laurent Robert 32 // Mar 22, 2016 at 8:59 AM

    Getting a former casino boss to run a football club and putting a sacked League 1 manager in charge was always going to be a stupid idea. Then to follow it up by upgrading another unqualified nobody and another sacked Championship manager, it defies logic.

    Only now do we have the quality of manager who should have been employed after CH and it could well be too late, but hopefully it won’t.

  • 10 jimmysmith // Mar 22, 2016 at 9:03 AM

    I think he got the people he did because of the budgets he imposed on the club, due in large part to reduced revenues, and also because he doesn’t have any real contacts in the game.

    He’s spent heavily recently, and also brought in Benitez, but with more consistent spending over the 8 years of his ownership on better quality personnel we would have been far better placed.

    That advertising revenue has been sorely missed, and has contributed greatly to the threadbare running of the club we saw for many years, and still see with key players such as Carr and Charnley still in place.

  • 11 Jib // Mar 22, 2016 at 9:04 AM

    What he should have done was get SD to lend the club £141 million with the club paying the going interest rate and the club invoicing SD for the advertising at the going rate.
    Nothing would be much different.
    All he has done by trying to save on taxes is given the snipers a target.

  • 12 Laurent Robert 32 // Mar 22, 2016 at 9:06 AM

    Don’t know how he’s saying the bank is empty, we had a number of windows where we signed nobody!

    Fees spent of Thauvin, and Cabella could have been saved by keeping Ben Arfa who is twice the player of both of them – who we let go for nothing. Another ridiculous move by our incapable former manager who should not have got the job in the first place.

    With Rafa in charge there is hope. I think that is a major reason why he is here. He knows that we are generally clueless and can pretty much mould the whole club into what he would like. A club that has strong support and over 50k capacity. A good move by Rafa. Let’s hope he can keep improving us.

  • 13 Lindisfarne // Mar 22, 2016 at 9:07 AM

    The lack of money is more than likely due to the fact that the PL Media contract has covered up the complete devaluation if every part of the club during his ownership.

  • 14 Mag52 // Mar 22, 2016 at 9:07 AM

    Just waiting for Ian Toon to justify Ashley’s comments to the Mirrorr.

  • 15 Lindisfarne // Mar 22, 2016 at 9:09 AM

    Mike Ashley / Homer Simpson

    How to shoot yourself in the foot and blame the bullet for falling (at speed) out the barrel.

  • 16 hibbitt // Mar 22, 2016 at 9:10 AM

    i have noticed at recent game’s there’s a lot more ads from other companies not just his group of companies at one time it was all sd !!!!

  • 17 Mag52 // Mar 22, 2016 at 9:12 AM

    ….or even The Times.

  • 18 jimmysmith // Mar 22, 2016 at 9:12 AM

    If he couldn’t clear the debt and also charge for advertising, then he really couldn’t afford to buy the club. If he wanted a successful club he needed to do both, it seems to me. One without the other has led us here. Where we were headed under Freddy Shepherd is another thing entirely of course, and may well have been even worse.

  • 19 Goldmbemba // Mar 22, 2016 at 9:15 AM

    This is just rhetoric from ashley.

    If we stay up the money that will come in will more than provide the club with funds to spend on the squad, everyone knows that.

    I think Ashley’s point is ‘what more could I have done personally’.

    In a way he has a point, his financial input should have been enough for ‘professional’ football people to made more success than we have had – when you compare it with say, Norwich or West Brom who dont have the money we have.

    Not saying he’s innocent by any means…

  • 20 hibbitt // Mar 22, 2016 at 9:15 AM


    one should have paid for the other

  • 21 jimmysmith // Mar 22, 2016 at 9:22 AM

    I think he has always needed to carry the debt, but also put revenues earned from advertising and marketing back into the club, if he realistically wants a successful team. “That’s just the way it is, Mike.”

    Charging for adverting and selling more shirts wouldn’t have improved our lot on the pitch had it then been used to pay down the debt.

  • 22 Rotonda heights // Mar 22, 2016 at 9:22 AM

    we wouldn’t be stuck with the fat slug if he had sold to the Mansours for a fair price and not the stupid reported 800M asking price.

    How can there suddenly be no money? The club has been run disgracefully from choice of sponsor to a series of awful managerial appointments prior to rafa who is now being given no time to save us and re-shape the club.

    The horse has well and truly bolted and this is ash’s final gamble which also looks like failing. The gall of the man by appearing surprised after 9 years is beyond the pale.

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