From Champions League to Europa League For Mapou?

From Champions League to Europa League For Mapou?

Bucking the trend?

We all know that trends exist within football that can’t rationally be explained. For example, in the modern era, Italy have unfalteringly reached the Final of the World Cup every twelve years (three tournaments), winning the competition every twenty-four years (six tournaments).

In 1970 they lost and in 1982 they won the game in normal time; while in 1994 and 2006, they lost and then won each final on penalties. By the time of the next WC in 2014, this sequence will have remained unbroken for 44 years – now that’s form for you!

Perhaps Newcastle United’s more unfortunate trend – that of two marked declines in the Fairs/UEFA Cup (the forerunners of the current Europa League tournament) – is just as predictable as that for a four-times World Cup winning country. The reverse of that sort of thing is, after all, what we unfortunately seem to do best – or should that read ‘do worst’?

Our trend is not quite so metronomic as Italy’s World Cup record, although it is almost as consistent – but this Thursday night gives us the chance to at least start to break the jinx.

Our record goes even further back than the Azzuri’s. The year before they got thumped 4-1 by Pele’s great Brazil side in the Final of the 1970 World Cup, NUFC won its first, and so far only, major European trophy, namely the Fairs Cup.

Following that triumph, though, there began the first of two steady declines in Newcastle’s performances in serious continental competition: we were KO-ed in the Quarter Finals of the Fairs Cup in 1969/70, the second round in 1970/71, and then the second round of what was by then in the UEFA Cup 1977/78 – although that season, it would more likely have been the first round had we faced any more testing opposition than a bunch of Irish part-timers!

The form book then went out of the window for the next three UEFA Cups we participated in: in 1994 we were eliminated in the second round; 1996/97 the quarter finals; and in 1999, the third round.

But the UEFA rise and fall of NUFC soon got back underway with a vengeance in the new millennium. The year after having reached the second group stage of the more prestigious Champions League in 2002/03, we were ‘demoted’ to the lesser of the two European club competitions at the qualifying stage, although we did still reach a highly respectable UEFA Cup semi final in 2004. The familiar trend soon re-established itself, however: last eight in 2005, round of 16 in 2007. Is the curse set to continue?

Of course, we are now in the round of 32, so failure against Metalist over two legs this Thursday and next will confirm that it is, but will the powers that be at SJP be all that bothered? The sort of team that we put out on 14th Feb will be a reasonable indication…

One thing is for sure, though: unless we do go all the way this season, any trend will almost certainly reach its natural conclusion.

For unless we qualify as holders for next season, the likelihood is that by the next time we get into Europe, the Fairs/UEFA/Europa competition will be history and – if it even exists all – will have been morphed into a full-scale repecharge for an enlarged Champions League format. Of course, that might not be such a bad thing.

With a bit of luck they’ll change the name to the Intertoto – and we always seem to do quite well in that!

NUFC To Beat FC Metalist 23/20
NUFC To Win 2-0 11/1
NUFC To Win First Half 15/8

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20 comments
alreet
alreet

He will hive it off as player medical bills. The fitting of the bigg ass tv. Prospective expenditure that never happened or agents fees that dont exist.

The guy is a filthy greedy snake that cant get enough queens heads to sit on and feel bigger.

The world again can see what we need but jabba and wing slag wont produce the readies to actually make our club even respectfull.

DownUnderMag
DownUnderMag

Some worrying points:


1) mystery on the operating cost increase with no explanation forthcoming

2) interest free loan and free advertising for SD....surely it's one or the other??  

3) record profits and yet no sign of the loan ever being paid off

4) this doesn't account for MYM, Santon or other outgoings this season which more than accounts for the money spent in the summer...and yet no sign of any further additions in January and fans left guessing as to the clubs summer directions once again.


When are the media going to wise up and start asking the tough questions to this oaf who owns this club and is slowly sucking the life out of it?

Rollyp
Rollyp

Also, I see from the BBC report that they continue to refer to the Ashley loan as interest free when Charnley referred to this at a fans forum meeting as being why the S... D..... advertising is free. Just wish reporters etc would just keep up.

AndyMac1
AndyMac1

It's hidden in the details before tax. £18m after tax is about £24m before ? There is no way this club only made £24m pre tax profit. MASH Holdings ?

NUFC Tips
NUFC Tips

The proft figure is confusing, but not surpising.  We all know the type of person Mike Ashley is.

Accountants are magicians nowadays, not just at NUFC, not just in football, pretty much in every business.  It'll stay that way until the government start toughening up and getting stricter with what is and isn't allowed, and with the punishments handed out to those who are a little too creative with their accounts.

radgiegadgie
radgiegadgie

@NUFC Tips There is only so much you can do and so much your auditors will let you get away with.


28m quid is a lot and you can't just put that down as undisclosed costs or a provision for some unspecified liability you may incur in the future.  Anyway, if you reduce your profit, the other side has to hit the balance sheet somewhere unless the cash physically leaves the business.


Even if there was a management fee from the holding company, I would think it would have to be reasonable otherwise it would be looked at by the tax authorities.


Accounts have to show a "true and fair view", I assume they are externally audited and if they are, you can bend the rules but not burst them which hiding 20% of your revenue in profits would do.


Without seeing the accounts though, it's hard to say but, what I can say, 28m is not something you can "magic" away.

radgiegadgie
radgiegadgie

My guess is player amortization, fair enough, they are all crap and worthless bar Perez and Janmaat who signed after these accounts anyway.

Heggers
Heggers

Give us our £28.5m back!

Brian Standen
Brian Standen

Anyone who can add 1 + 1 can see this just does not make sense, there seems to be a 28.5 million ambiguity!

Could this extra expense be the owner paying himself a wage? I would not rule anything out

Corkyjohn
Corkyjohn

Maybe we paid for all the warehouse workers ashley made redundant....the man is corrupt

LeazesEnder
LeazesEnder

The sums don't add up a £28.5m rise in operating costs..... thats a bit vague..... a process of deduction then..


  1. ....We can rule out players and wages... that went down!.... and player trading produced profits
  2. ....We can rule out ground improvements, there weren't any apart from the ghastly floodlights.
  3. ....Training ground, he sold off land for housing and no new work on the facility has started yet.
  4. ....Catering... is tended out to Sodexo
  5. ... Land lease from freemen.... doesn't change
  6. ....Electricity and power...nope (are they hooked to Geo-thermal yet?)
  7. ....Matchday staff.... (students still on £35 per day) no change.
  8. ....Security/, bodyguard/ to confiscate leaflets from Sack Pardew Campaign/ Kyle Utterton - a few grand?
  9. ....Get well soon card for Jonas = £0.00
  10. ....Maintenance/ that bloke with the crowbar wasn't needed this year.
  11. ....New TV = free

Nope thats me done!

ManicMagpie
ManicMagpie

Op costs are indeed much higher than might have been expected. Wages probably up a few millions - full year costs of Jan 2013 additions Debuchy, Mbiwa, Gouffran, Sissoko, Haidara, plus loan fees/wages for Remy and de Jong. Would also have increased player amortisation costs as transfer fees paid for these players are written off over their contract periods Maybe also opportunity taken to write down early other player values given events after the close of the financial year - Ben Arfa, Santon, Mbiwa? Will be clearer when the numbers appear at Companies House in next few days

toon tony
toon tony

That new TV must have cost a canny packet. !!!!

Conman
Conman

It has to be in the operating costs where it's been 'lost'. Until the full details have been registered, we can all guess. But when they are, we'll see the monies heading off to third parties that are held by fcb.

Everyone knows that the costs have all been rid of using third parties to cut overheads. This should have the effect of dropping operating expenditure. Not adding to it.

We wait and see......

NUFC Tips
NUFC Tips

@Conman "...we'll see the monies heading off to third parties that are held by fcb."

I think you've hit the nail on the head.  As you say, it's just a guess at this stage, but that's the most plausible explanation.

Peter Moustachley
Peter Moustachley

Bogus profits as we all expected, we're all just waiting to see how he's hidden the profits this time, it must be getting harder for him, they're even saving on media refreshments for the love of God!!

magpie9
magpie9

Ashley gets paid one million quid a word for each of his statements to fans telling what is going on

Polarboy
Polarboy

Is anybody really surprised, this story had already been written in everyone's head to about the same accuracy. 

Phildene
Phildene

Mike Ashleys pocket aka Mashholdings -simples