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One Of Newcastle’s Hierarchy Could Be Leaving The Club


The Chronicle is reporting that  Justin Barnes has been announced as a board member for the Iconix Brand Group, which is located in New York City – here’s their website.

Sports Direct invested in the company and acquired a stake in it, and as a result, the company were given two seats on the board, and one is to be taken by Mr. Barnes.

The Group is the world’s leading brand management company that licenses brands to retailers and manufacturers primarily in the apparel, footwear, and apparel accessory industries.

But when you join a Board, there’s not too much heavy work to do – turn up to the meetings they have each year.

Barnes is an independent consultant who does work for Mike Ashley (he once worked at Sports Direct), and some of that work is at Newcastle United.

Justin Barnes

While Barnes’ role has never officially been announced he is seen as Mike Ashley’s “fixer.”

He seems to be the finance guy who decides for Ashley how much can be spent at the club – including transfers – and was presumably brought in to put the financial books in order – so the club could be sold.

And his personality is said to be abrupt and abrasive.

Rafa has rightly become anxious that Ashley is unwilling to invest in the club and Sky Sports produced figures today that say since Rafa joined the club in March 2016 until now – we have made a net profit of £40M in the five transfer windows.

We don’t really think the new position for Barnes will stop him from continuing his work at Newcastle.

We just hope it does.

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Comments welcome.


46 comments so far

  • griff

    Aug 16, 2018 at 2:10 PM

    Comment #41

    Jib. One word. Hahahahahahahahahahahaha!

    4
  • RobLeenio

    Aug 16, 2018 at 2:14 PM

    Comment #42

    SredniVashtar – what about Dummett?

    His stripes were black and white stripes and his boots were white

    His enemies wished for room to cross, but he brought them tackles

    Paul Dummett the Welshman

    2
  • Mister Tuff

    Aug 16, 2018 at 2:19 PM

    Comment #43

    I think it would take forensic accountants to correctly check/examine the clubs accounts. Whether this will ever be done in the future -who knows.

    What I do know -FACT – is that if the club have been fiddling the monies owed to HMRC (and linked allegations) then the clubs accounts HAVE to have been adjusted to cater for this – ie there has to be false entries – therefore the books have been cooked.

    Please do not respond that the books must be ok as they have been signed off by an independent accountancy firm – posted about this many times before and cannot be arsed to repeat myself.

    2
  • RobLeenio

    Aug 16, 2018 at 2:25 PM

    Comment #44

    Mister Tuff, there’s a big fat ‘if’ in there, right after the larger printed FACT. That ‘if’ means you’re speculating as much as everyone else, so to present it as fact is a little skewed.

    Here’s another ‘if’ – If the books have indeed been cooked, there are many way of doing it and many reasons for doing it. One is to get around tax laws for payments to football agents, which is illegal but perhaps widespread in the game. Another is for an owner to rip off his fans and pull the wool over the eyes of the entire English football establishment.

    Just because one has happened (if indeed it has) does not mean that the other has.

    3
  • chicousa

    Aug 16, 2018 at 2:32 PM

    Comment #45

    Jib @3
    Shut it! 🙂

    If Ashley bought my Dodgers I would do more than blow a gasket….It would not be pretty! But if he bought them AND sold NUFC to Magic Johnson’s group then that would be aw-right!!!

    1
  • NY Mag

    Aug 16, 2018 at 2:39 PM

    Comment #46

    Mr Tuff,

    You can be sure that the clubs books are currently being checked by forensic accountants (working for HMRC)

    1

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