Freddy Shepherd says that that Mike Ashley ‘has certainly got money’ but the question was whether he was going to let the club spend realistic amounts.

After Rafa Benitez confirmed he was staying on at St James Park, the former Newcastle Chairman thinks Ashley ‘has come to realise that the club needs money’.

Freddy Shepherd also talked of Rafa’s popularity, saying he was the most popular since Sir Bobby Robson, who Shepherd sacked in 2005.

As for what kind of players need to be brought in this summer, he thinks Newcastle definitely need strikers and a centre-back.

He also added that they need to be signings who ‘have seen it all and can do it’, so that hopefully rules out any more Luques or Boumsongs…

Freddy Shepherd speaking on Talksport:

“It is great news for the Geordies, the Geordies love it.

“They like him as well, so it is good news all round.

“It is great news for all the Geordies.

“The guy (Mike Ashley) has certainly got money, there’s no doubt about that.

“Whether he wanted to spend it in the club is entirely up to him but he has come to realise that the club needs money and he will certainly give it to them this season.

“I think they need to buy up front players and a centre-half as well.

“The supporters love Rafa Benitez and they hope for the best for him.

“I think he is the most popular manager since Sir Bobby Robson.

“They have done a great job in the Championship but for the Premier League you need some seasoned players who have seen it all and can do it.

“These young players are great but when you are in the Premier League you need proper seasoned players who can handle it.”



  • Leazes Ender

    The ramblings of a moron which would make Brian Standens alter ego look same.

    • Andy Mac

      I read the other day that Noam Chomsky said “The Democrat Party in the US gave up on the working man 40 years ago”. I wonder whether SJH and FS ever gave a toss about the fans ?

      • Leazes Ender

        I know not of ths Noam Chomsky of which you speak.

        • Andy Mac

          “The general population doesn’t know whats happening and it doesn’t even know that it doesn’t know”

          • Leazes Ender

            It does occur to me that the entire population is a bit thick….

  • Andy Mac

    Lots of The Mag readers question why there are still articles about Villa, Makems and/or Pardwho on this site ? I’d ask the same question about Shepherd. He helped fleece the club of most of it’s wealth (along with the Robber Baron) and yet never really understood what the fans wanted despite using other peoples money to bring in “Hollywood” signings.

    • Leazes Ender

      He thought the fans needed a trophy signing…. but what we needed was a professional approach to running the club…. not a number nine shirt seller…. and seven bloody dwarfs.

      • S.G.M.

        We got that now.

  • Hughie_Gallacher

    Shepherd is one of the few up here who actually saw Ashley coming …

    • Leazes Ender

      They sold every United fans birthright to a Cockney spiv…. shameful individual…. should be bloody well shot.

      • Andy Mac

        Bottom line is they had to. They’d sold everything that wasnt nailed down and had no more credit at the Bank. Other suitors came and went having done due diligence so Fatman was “manna from heaven”

        • Oooh bobbi fleckman

          Ah ha, you do know something about it then! Yes, Ashley was the only suitor and they were very lucky to get a penny from him for those shares, never mind £130m. Hall sr did a number on Ashley.

        • Leazes Ender

          Like what?

        • Leazes Ender

          What did he sell? …. he was bidding for Rooney just before he sold out.

          • Oooh bobbi fleckman

            Just before he sold out? The Rooney ‘bid’ was 3 years before H&S had to sell. The bid for Rooney? Well, only a fool would have taken that appeasement stunt seriously, what fool would take that seriously, Leazes, do you know any fools that may have taken that seriously?

  • Blackburn1066

    Shepherd and hall just about bankrupt our club. yet Ashley came along and lined the pockets of the two of them. well shot out of our club

    • Leazes Ender

      No they didn’t… they removed a measly £150m … that works out at £5 on what was then a £25 ticket…. the fans willingly let them…..Ashley has stolen only £50m in about the same time…. there now who says I don’t say owt good about the Inglourious Basterd.

      Thats nothing compared to building a student block in the place a new stand should have been built… that’s the bit which has absolutely put the final nail into the coffin.

      • Oooh bobbi fleckman

        Eh? how has Ashley stolen £50?? In what way???

        The Student block is in place where Hall & Shepherd were to build a Casino, they even took a £5m loan off the Casino company to secure the option, what did they do with that £5m loan? Issued it to themselves as dividends!!! The idea that a stand was going to be build there is fantasy, it would have made the Gallowgate end the height of the Eiffel tower. Leazes, you are clueless.

        • Leazes Ender

          They pocketed a lot more than that…. the idea was that the Casino would be part of the Stadium reconstruction at the Gallowgate End and would have been the mirror image of the Leazes.

          The block going up at the other side of the Strawberry is a totally different development.

          • Oooh bobbi fleckman

            I’m trying to be polite Leazes, but you do come across as a little simple.

            The Casino, being part of the Gallowgate end was pie in the sky. I’m fairly sure that had the Casino been built, it would have been billed as ‘stage 1’ of the Gallowgate development and would have remained so with the stadium expansion being ‘stage 2’ and ‘stage 3’ quietly shelved.

            To mirror the Leazes End, the Gallowgate end alone would add around 3,000 seats. The cost of doing this is astronomical because of the Metro underneath. The talk back in 1999 was that the Gallowgate would cost at least a twice the cost of the extended Leazes and West stand. If that’s £200m, £66 grand a seat so let’s assume a season ticket being £660, it takes 100 years to pay for itself (I’m not even mentioning interest, increased costs etc).

            The other huge issue is the hill, The height of the building used to share the load of the stand and roof would have to be very, very tall. We are talking about one of the tallest structures in Europe. Who would be the tenant for so much space? Office space prices have gone through the floor over the past few years, retail is rock bottom, it’s a hell of a lot of student accommodation.

            Let’s find some agreement, yes, the Halls and FFS took a lot more than £5m out.

      • Blackburn1066

        I don’t trust any of them L Ender, sorry for the neg

  • Lord

    “I think he is the most popular manager since Sir Bobby Robson”

    ….said by the joker who sacked Sir Bobby Robson and replaced him with G Souness.

  • Oooh bobbi fleckman

    Freddy Shepherd talks about what kind of players Newcastle need to buy – it used to be one’s we couldn’t afford

    • Leazes Ender

      Produce the evidence Brian… You are implying Hall stitched him up and he’s taken his revenge on the fans….is that it?

      • Oooh bobbi fleckman

        I’m saying the previous lot were over-paying for players and wages. Proof? By the time Ashley came in, the overdraft was maxed, player installments pressing and losses were running at £30+ million.

        • Leazes Ender

          So the Banks are at fault for lending money out which they couldn’t get back…..wow things like this could lead to a world collapse in banking…. don ‘t the employ accountants?

          • Oooh bobbi fleckman

            The borrower does the borrowing, the borrower should understand what is serviceable. When the borrowing issues dividends out without the income, they are on shaky ground.

            The lender can argue it was spot on, it got repaid and at a pretty decent interest rate (from the lender’s POV). They did have to put pressure on though and had it not have been Mike AShley, they’d have been forcing the directors and and to find new owners.

  • nevfur

    I think Sir John Hall made a fortune out of the Toon but everyone turned a blind eye as at the same time he was behind taking the team from almost oblivion to the top end of the PL and developed the Stadium to what it is now from the dump it was along with the new training and academy facilities.
    Freddy however was a bit of a fan always looking for the glamour signing regardless of cost or reality of overall team performances and got us into a right financial mess which may well have seen us do a Leeds. Yes he was behind the Sir Bobby Robson champions league era but was also responsible for being too skint and too thick too invest in it, failing to make the few signings we needed then to back Bobby and kick on leading to Bobby being the one to take the criticism and ultimately ludicrously being sacked by the incompetent Shepherd. Shepherd also made a killing from the toon, failed to kick us in when he should and nearly killed the club yet whinged when bought out.
    Ashley sadly is really only interested in making money for himself and advertising for his companies which in itself also makes money for him.
    Hopefully Rafa is the man who can make something work with Ashley. As for the Gallowgate it would be brilliant to see it developed to match the Milburn and Leazes ends but is now looking unlikely despite council claims that the development won’t prevent it. I fear if we were very successful and needed a greater capacity as other PL clubs are showing we may end up being sold the idea of an out of town stadium which would be a tragedy.

  • Gallowgate1982

    can this odius wind bag stop commenting on NUFC as if he is some kind of authority.. a man that unceremoniously sacked SBR and blamed the fans …please Chron stop going to this clown for sound bytes