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News and Commentary On Newcastle United By Ed Harrison, A Proud Exiled Geordie And Lifelong Fan

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Howay The Lads!!



All Change And Massive Financial Loss If Newcastle Relegated

4:07 pm, Monday, April 4th, 2016 by Dr. Ed Harrison · 42 Comments

This is eerily like the last time we were relegated back in 2009, with Newcastle being sued by one of their former employees for £2M.

In 2009 it was former manager Kevin Keegan for wrongful dismissal – and only last week Jonas Gutierrez was in court saying basically that his testicular cancer caused him to be ostracized by the club.

Those are the only times Newcastle have been sued to our knowledge recently and both look to have come in a relegation season – assuming we will not be able to survive the drop.

Survival now looks doubtful – we have to get at least 7 points from seven games just to get above where Norwich stand right now on 31 points with our inferior goal difference – assuming they lose all their remaining games.

lee charnley and mike ashley

Managing Director and owner of Newcastle United
Shame on them


7 points from 7 games is better than our average over the first 31 games, so it will be difficult.

The other very unfortunate thing that’s never talked about is that some of the non-playing staff at the club will lose their jobs as cost cutting will be necessary to adjust to the  much lower revenues we will get from the Championship.

The average revenue from the Championship for each club next season is about £20M.

From the Premier League next season it will be about £140M with the new £5.1B three year deal – so that’s a huge financial loss, although we do get parachute payments for three years – the first year being about £25M next year.

But no chance of Newcastle being anywhere near the 17th richest club in the world if we are relegated.

Our greatest fear right now is that absolutely nothing will change with the way things are run at the club and if that happens we will not improve anytime soon.

One question about this blog is what’s the point of doing all this work every single day of the year, when the club is so pitifully run by these incompetent people?

It’s a very good question, with people like Ashley and Charnley being fully responsible for this pending relegation into the oblivion and wilderness of the Championship.

And it certainly has not been enjoyable writing about this stuff over the last two years – in fact it’s been (very) painful – and to think I started this thing as a hobby in my retirement.

Oh my.

Did we say it’s a crying shame what they have done to this great football club?

Comments welcome.



Tags: Newcastle News · Other News · Prayer · Premier League




42 responses so far ↓

  • 1 Hail Wor Ashley // Apr 4, 2016 at 4:21 PM

    Forbes rich list 2015 – Mike Ashley worth $5.5bn

    Current real-time worth – $3.4bn

    We get relegated that’s a drop in the value of the club and SD share price will take a considerable hit. Poor guy will have less than $3bn to his name. A life of squalor awaits.

    Sold about 5% of his stake within the last year, whether that was before SD crashed I don’t know.

    Anyway, if we stay up I’ll buy JfAs season ticket for next season – it’s just not happening. How’s that positivity going Jail?

  • 2 barkel // Apr 4, 2016 at 4:28 PM

    Awh Hail,

    Don’t be like that … 7 wins on the bounce coming up, comfortable mid table finish. Villa, Norwich & Palace off to the Championship!

    Howay

  • 3 WWSBRD // Apr 4, 2016 at 4:28 PM

    Best thing that can come from this is getting rid of the root cause of it all, get Mike “your stuck with me” Ashley out of football

  • 4 Goldmbemba // Apr 4, 2016 at 4:31 PM

    Fandom is a fickle mistress… success gives you an emotional high from little personal investment, whereas failure breeds frustration and anger.

    Remind me why I support a club again?!

  • 5 Tsunki // Apr 4, 2016 at 4:41 PM

    Ah another nice photo

    Billy – ” I say Bessie you’ve been quite beastly, eating all the executive box cakes!”

    Bessie “whatever will one do? Sack one?”

    Billy “Yaroo!”

  • 6 Tsunki // Apr 4, 2016 at 4:53 PM

    Photo caption –

    “What do you think Mikey, can they all swivel on this?”

  • 7 Belfast // Apr 4, 2016 at 4:55 PM

    We’ll you’ll all be glad to know (especially you Jail) that my ahem blog legend status ahem will remain intact if Ed shuts the blog after relegation and we all have to move over to the other blog with Tds and troy stavers.

  • 8 Jib // Apr 4, 2016 at 4:58 PM

    Tsunki comes out with another cracker – it’s the way he tells ’em

  • 9 Belfast // Apr 4, 2016 at 5:00 PM

    Anybody remember what the wage bill was the last time we got relegated?

    Near 75 million this time apparently.
    No clauses in the contracts ouch!

  • 10 Belfast // Apr 4, 2016 at 5:03 PM

    Aye Jib he usually tells them badly.

  • 11 WWSBRD // Apr 4, 2016 at 5:11 PM

    Belfast
    Ed planning on shutting the blog down like?

  • 12 Jib // Apr 4, 2016 at 5:14 PM

    fao
    Mr Belfast
    http://www.telegraph.co.uk/football/2016/04/03/newcastle-stare-at-wages-black-hole-as-relegation-looms/

  • 13 Belfast // Apr 4, 2016 at 5:15 PM

    Think he shut the blog the last time mate. No tv coverage of championship games in the usa apparently.

  • 14 beermonkey // Apr 4, 2016 at 5:17 PM

    jib ]

    ty for the info

  • 15 jimiley // Apr 4, 2016 at 5:19 PM

    Ed,
    7 points from 7 games should just about do it. We will be gone well before then and thats the time to desert the ground.

  • 16 WWSBRD // Apr 4, 2016 at 5:23 PM

    Belfast
    Ah I wasn’t on here last time we dropped down, makes sense I suppose though he’d probably still get the traffic even if he didn’t follow the games as closely most come on here for the community I imagine

  • 17 WWSBRD // Apr 4, 2016 at 5:23 PM

    Saying that I could be way off there just my assumption

  • 18 hibbitt // Apr 4, 2016 at 5:23 PM

    jimiley

    do you go to games ???

  • 19 magscar // Apr 4, 2016 at 5:29 PM

    If we go down as looks increasingly likely then contracts are up for a few in June including Taylor, Obertan and Marveaux so they will come of wages bill having contributed little in recent seasons.

    Of the big wage earners I expect likes of Sissoko, Gini, De Jong and even Thauvin will want way so not having relegation clauses may not be so relevant.

    Club ( Aagh!!) will review those they want to keep and sell others presumably to fund seasons wages for those staying. Not sure how matters will be affected if club don’t want to sell but player wants away as no doubt no clause to say they have to be let go?

    It will be crucial who is brought in to replace the outgoings and ensure a realistic attempt at an immediate return is made. Right Managerial appointment if not Benitez will also be crucial.

    Not sure if Ashley stays( probable) that he may like to make changes at Board level but drop in finances will also severely restrict that option. Nevertheless I can’t believe that he will want to trust( all of ) this lot to get promotion right if he does stay

  • 20 jimiley // Apr 4, 2016 at 5:33 PM

    Hibbitt,
    No I went for 50 years but stopped three years ago as a personal protest against Ashley. I was arguing 5 years ago that a boycott was the only way to get rid of him. I said he was a disaster but idiots kept defending him. It was 50/50 split. Those idiots have now gone or changed their monickers

  • 21 magscar // Apr 4, 2016 at 5:34 PM

    On Ed closing Blog, as I recall it was a funding problem for servers etc but don’t directly associate it with he last relegation. However that may have affected his income. Probably has far more hits (and advertising) than he did then but lack of TV coverage will presumably hit him?

  • 22 hibbitt // Apr 4, 2016 at 5:35 PM

    even finishing 19th how much prize money do we get i think its still a big lump plus we the parachute payments any one know how much ???

  • 23 Munster Mag // Apr 4, 2016 at 5:35 PM

    LGFAUD, good point re Southamtion being so well run. If Carr hadnt wanted Ashleys 8 x 10m this season we would be fine. As we said, imagine Leicester/Saints/Fat Sam/watford waste 80 mill like that. Of course Carr also would have steered Chumley to McLaren. Carr’s other choice seems to have been Remi Garde. And goons on here defended him until the punny finally dropped with them. Dear oh dear. Funnily enough, IF Rafa gets his team right and IF we start to play games from the start, we can still stay up. We need 3 points from about 75% of our games though. I think we can win all our games at home, if Rafa changes some of the nonsense he is doing like playing Cisse as a lone striker, playing taylor instead of the fast improvinf Lascelles, and playing Sissoko on the left. And as for that little sod Wiji, what a waste of talent, its time to drop him for away games, and maybe more.

  • 24 MacToon // Apr 4, 2016 at 5:39 PM

    WW, Ed did close the blog. He then must have realised that even in the championship Newcastle games were still shown, most anyway, and more importantly, we were winning lots of games for a change. The blog reopened shortly after. It was around this time that a few others started their blogs like Toonsy’s co.uk.

    This time we drop (if?) it’ll be different as it’s already been stated that NUFC will not be shown any preferential treatment regarding being picked for the live TV games.

    Of course stumbling on Hoots last time changed the direction of the club and I still can’t for the life of me understand why he was sacked. Since KK left, it was the only time there’d been some optimism under Ashley’s tenure.

  • 25 Hail Wor Ashley // Apr 4, 2016 at 5:39 PM

    Wage bill was similarly high last time, if I remember correctly a figure of £79m was the estimate.

    Anyway, high-earners (for us) will be off in a jiffy:

    Gini – £50k+
    Colo – £70k
    Janmaat – £30-40k
    Saylor – £40k
    Shelvey – £40k+
    Tiote – £40k
    Cisse – £40-50k
    Marveaux – £30-40k
    Sissoko – £20k (surprisingly only thought to be on that at most)

    Approximately £20m off the wage bill and £30-40m in fees just there and those are dead certs to leave in my opinion. Then you’ve got Anita, SDJ, Saivet, Perez, Haidara, Riviere, Townsend all to potentially add.

    The longer we’re in there the more difficult it becomes, especially after the parachute payments dry up. Then we can begin the cycle again 😀

  • 26 Hail Wor Ashley // Apr 4, 2016 at 5:44 PM

    Oh yeah, Obertan there’s another £1m.

    We won’t be in dire trouble financially, just won’t have the personnel to bounce straight back in the same fashion we did last time. Will still be near the sharp end I think, but massively depends on manager and recruitment. Not enough big personalities and model pros, a lack of experience too, will need to be sorted and Carr needs to be ditched.

  • 27 Ibizatoon // Apr 4, 2016 at 5:46 PM

    Haven’t the players wages been set aside for the duration of their contracts already? Wasn’t that how Mike wanted it doing? Wages included in purchase costs?

    Also, does anyone know what happened to the funds set aside for training ground improvements? Last season the plans were put on hold, due to our PL position, but I’m fairly sure the £20m+ was set aside the season before that in the accounts?

  • 28 WWSBRD // Apr 4, 2016 at 5:49 PM

    MacToon
    Ah right I started on here in the Jan of our first season back in the big time stumbled on it when looking for transfer rumours

    I’d imagine we will be on TV plenty in the championship I’d imagine regardless of what they say we will still be the biggest draw in the league

  • 29 WWSBRD // Apr 4, 2016 at 5:51 PM

    Ibiza
    Bang on mate I forgot that’s how NUFC operated, should be no worry over wages then…unless it was more lies

  • 30 Ibizatoon // Apr 4, 2016 at 5:57 PM

    Yo…As if they’d lie to us. If the info is incorrect, i’m sure it was a simple oversight.

  • 31 hibbitt // Apr 4, 2016 at 6:01 PM

    jim

    its not easy to walk away and i respect you for that but everyone is different i have 2 boys and it would brake there harts if we stopped going we tried it for short while and it didn’t work for us so we want back….. if you went for 50 years this is not your first experience of the fans being treat badly but we keep going back… it even took you 50 years to quit which must have been a big step …it would be very hard to get 46/47 thousand fans all to walk out or quit…. like most i just don’t see an end to this till ashley sells up

  • 32 WWSBRD // Apr 4, 2016 at 6:10 PM

    Ibiza
    Oh no never in a million years

    That Carroll money has set us up for this

  • 33 JamesToon // Apr 4, 2016 at 6:13 PM

    Will ed close the blog if we are relegated?

  • 34 Belfast // Apr 4, 2016 at 6:16 PM

    Ed shuts the blog.
    Nufc digest returns.
    Nufc digest steps in and saves the day.
    Everybody loves nufc digest and it’s cuddley editor Rob Vollans.

    Great times ahead 🙂

  • 35 Belfast // Apr 4, 2016 at 6:17 PM

    Nobody knows James hopefully not.

  • 36 Ibizatoon // Apr 4, 2016 at 6:25 PM

    Yo…By my accounting, we still have £5.70 of the Carroll money left.

    Belfast…I know a James. Use a little punctuation from time to time, you legend.

  • 37 GeordieTwo // Apr 4, 2016 at 6:28 PM

    If we do go down and get rid of some of our shiftless lot it should open up opportunities for the young’uns. Possibly we could even develop more homegrown talent. I’m just desperately searching for some positives.

  • 38 GeordieTwo // Apr 4, 2016 at 6:33 PM

    To be fair I think Townsend has given a good effort. He has a goal and at least 2 assists that I can remember. He can cross a ball decently. He is nowhere near our worst problem. Wijnaldum has been useless away from home and Cisse is such a flake. Mitro tries hard and has started to score. Perez hasn’t been as effective lately but does give an effort. Doumbia has been a disaster. Somebody should be sacked for that one alone.

  • 39 GeordieTwo // Apr 4, 2016 at 6:34 PM

    No Ibiza mate. The club used the last 5 quid to order my excellent new product Manly Men Moustache Wax.

  • 40 Ibizatoon // Apr 4, 2016 at 6:42 PM

    G2….Are they going to rotate it between the players?

  • 41 Ibizatoon // Apr 4, 2016 at 6:46 PM

    I read that incorrectly, I thought you said wax moustache, not moustache wax. Plenty to go round then.

  • 42 9 // Apr 4, 2016 at 6:46 PM

    Sadly, going down isn’t an “if” and neither is it a “when”, since everybody knows when the season ends. Talk of winning 4 matches is just plain foolishness; after all the shambles of this season, we still had massive chances with fixtures against all the weakest teams there are : losing to Bournemouth sealed it, then scoring a massive single point against Sunderland and Norwich combined put the tin hat on it – there are no weaker teams than them two (apart from Villa, against whom we managed a home point earlier).
    I don’t know why we are such rubbish, given massive home and away support and more money spent on players than any other team in the league, but I do know that (if reports are true) no relegation clause in our multi-millionaires’ contracts is gross negligence in (mis-)management of the highest order. Somebody, somewhere, must be living in cloud cuckoo land – I wonder who that somebody could be?




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