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The Newcastle United Blog
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Ed Harrison's

The Newcastle United Blog




Sports Direct Issues Annual Results – They Do Pay For Newcastle Advertising

Written by Neil Harrison
5:36pm Friday, July 26th, 2019
Commented 81 times



Sports Direct have issued their annual results just in the nick of time. It appears as though they do pay Newcastle United £2m a year in advertising rights.

Mark Douglas of the Chronicle has just sent out the following tweet.

They also are due to pay an enormous amount in taxes according to the tweet below.

It’s been a bad day all around for Mike Ashley and Sports Direct as the delay in issuing the results has led to a lot of consternation in financial circles.

Some top financial and news outlets have published articles announcing their astonishment at the actions taken by Sports Direct.

Here are links to a few of the articles about what has transpired today with Sports Direct and the possible implications for the company.


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81 comments so far

  • It's on

    Jul 26, 2019 at 6:37 PM

    Comment #81

    Muz. Avoiding VAT is really interesting for HMRC. It is a criminal thing. If found guilty you can go to jail and the proceeds of crime act can be implemented.

    Not applicable to a listed company like SD but NUFC is wholly owned by an individual who would indeed be looking for shares in soap on a rope if the HMRC inspectors start digging.

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health update

21 December, 2022

I had a major checkup on my prostate cancer in early September 2022, and it looks like the Hormone treatment I have on has become much less effective.

The treatment options are now few, and I am in the final stages of stage 4 prostate cancer.

I was diagnosed with aggressive prostate cancer (Gleason count 4+3) in April 2011, and immediately had a prostatectomy, but cancer had already spread.

I was put on a course of radiation treatment in late 2011 (38 bouts every weekday for 8 weeks) and in December 2016, the cancer spread to the bones, and we were then in stage 4 - terminal cancer - no cure - but treatments to prolong life.

I have been on Lupron injections, Xtandi medication, and Xjeva injections since then as part of the Hormone treatment.

I recently met with Professor Young Whang at the University Of North Carolina (UNC) at Chapel Hill, and he reviewed my case from the very beginning and reviewed it with his colleagues too.

The recommendation is that I go onto radiopharmaceutical therapy - which is a fairly new form of treatment introduced about 9 years ago.

My particular treatment is Xofigo, a radioisotope of radium 223 dichloride, and I get it via an infusion into the veins: I started this treatment on November 23rd - and I will have 6 infusions: one infusion every 4 weeks.

My major side effects of these treatments has been major fatigue, tiredness and general weakness.

As I have said before - It is as it is and we have to deal with it.

Neil has continued with the blog and I will contribute - when I can.

Ed Harrison

Madeline Harrison

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