If Mike Ashley is still at Newcastle United by Christmas then Rafa Benitez won’t be, that’s the view of former midfielder Joey Barton.

Barton says that ‘Newcastle is a great club but the owner causes a lot of problems’.

Describing Mike Ashley’s mischief making Sky interview as ‘silly’, the player turned pundit says that the owner has (deliberately?) created a situation where Rafa Benitez wants to leave, unless something changes…

As Newcastle fans accept, Joey Barton says that Ashley has failed to keep his transfer window promises to the manager and that Rafa’s body language confirms that.

With the owner making it all but impossible for the team/club to prosper and make it into what Rafa Benitez believes it can be, Barton urges Mike Ashley to ‘pack his bags’ and sell up.

With the club having a great chance to find a new ambitious owner, helped by being back in the Premier League AND having a ‘top manager in Benitez’.

Ashley has said any number of times he would be willing to sell the club but supporters doubt that sincerity, with a belief that if anybody is interested he will price it to ensure they quickly look elsewhere.

Joey Barton speaking to Talksport:

“Newcastle is a great club but the owner causes a lot of problems.

“It is his way or the highway and I can’t see Benitez staying there until Christmas.

“Mike Ashley’s interview on TV was silly because it draws everybody in, and makes it a soap opera, because Rafa has to respond and has to take a side.

“I believe Rafa Benitez wants to go.

“His body language says Ashley has not come through with what he wanted this summer and that means he feels he won’t have the opportunity to establish Newcastle in the top half of the Premier League.

“It ends one of two ways…either the owner leaves and gets the money he wants for the club, or the manager will go because he won’t give him the finances he feels is necessary to compete in the Premier League.

Mike Ashley got had over when he bought the club, he overpaid for the club and, since he realised that, it’s been an exercise to get that money back.

“He’s in for more money than he probably wants to be but if he’s going to get some of that money back, he will have to do it in the Premier League.

“So advertise that the club is for sale.

“They are in the Premier League and they’ve got a top manager in Benitez.

“So pack your bags, move on and sell to someone who wants to take the club to the next level.”

  • MichaelMaximusMoose

    the only way to get Fatty out is to drive him out, but that`s not going to happen there`s to many fans who seem to be in some sort of delusional coma that it`ll all come right in the end
    It wont !
    Ashley`s a knave & a charlatan, his interview as good as said get on with it or go to Rafa

    • Leicester Mag

      Yup Fat Hog day looming again

    • Leazes Ender

      Yes the naive……they are still there in droves and the local news can find them for interviews
      ….. some moron exiting the ground was interviewed and said ‘we shouldn’t have any trouble this season as we matched Spurs’…..

      My god…..

    • Gallowgate Dave

      Just out of interest Moose and Leazes, and this is a genuine question not an attempt to insult either of you, but what have either of you done to “drive Fatty out”? I already know you don’t go to games which I think is the easy option and will achieve nowt. Personally I did every protest at the ground and there were always no more than a few hundred to maybe a thousand or so at the sit in. A proper unified support constantly sustaining protest and embarrassing him would in my opinion have “driven him out” but our collective efforts were somewhere between pathetic and poor, at least I can say I made the effort. What have you two done constructively?

      • Geordiegiants

        Dave this isn’t a snipe at anyone, I’m just putting my point across. MMM, Leazes or anyone else for that matter are frustrated with the situation. I am more than 100% sure, that MMM, Leazes and thousands of other fans, that go and don’t go would get involved if they thought for one minute everyone was behind the cause. The problem is, we have people like Fleckman and others making out it’s all ok. Jabba has us divided, so until we are United nothing will happen. We need a strong leader to take us forward and start some sort of ball rolling, just like John Hall did.

        • Gallowgate Dave

          No I don’t take it as a snipe mate and mine wasn’t meant as such either, it was a genuine question. Fleckman isn’t worth bothering with as he’s either a Mackem, a troll or has the worst case of Stockholm syndrome I’ve ever seen. I am frustrated at being told I’m part of the problem as a match going supporter albeit nowhere near as enthusiastic a one as I once was, I still go mainly because I want to keep in touch with the lads and because if I stop going the missus will get too used to me not going! Haha. I just can’t hide my disappointment at how little people protested and I’d rather Leazes and Moose channelled their quite obvious passion for the club and hatred of Ashley into getting angry and protesting rather than griping on here telling people not to go, it’s obvious there are tens of thousands unable to do that. It’d be ideal to have a wealthy local or locals with vision like John Hall to go with the manager’s ambition and nous but we don’t so it was and is up to us to make Ashley sell up otherwise he has no reason to do so unless he gets a crazy offer as he’ll just keep running us on a shoestring and banking the free advertising. To those who think he can’t be shifted I’d say he is canny thick skinned but he isn’t impervious. Some of the protests have really bothered him and they did everything they could to take people’s leaflets, banners etc off them. The problem is those that meekly just hand them over and sit on their hands. Get angry, this is OUR club, not just his. The owner is nothing without the fans as without us there’s no revenue!

          • Geordiegiants

            I hope this comes across how I mean it, and not as an insult. You see, your point about seeing the lads n that is in my humble opinion, the reason we are where we are, or the kids scenario. It would only ever be the odd game or for a short time. The lads could still get together, have a pint watch it at the pub etc, take their kids to Digger land / Go Karting or something like that. In my opinion going to see the lads or it’s the only time I spend time with my kids is putting Newcastle United as a second clasd citizen. We all have to make sacrifices in life, and I would be happy to see us go all the way down the divisions if it was for the greater good of the club, and the fans could then afford to buy it. All I’m saying is the fans when I was younger and Newcastle daft, were only interested in Newcastle United, not all of the other side issues that go hand in hand with going to the match now.

      • Leazes Ender

        Yes I did the protests inside the ground too,and outside and the March (one of the 300 spartans), joined NUST, harangued Journalists to the point of exasperation, and challenged anyone who thinks Ashley has done a good job.

        I’ve never called for him to be driven out, but thinking about it….yes….. I would like to see SJP as a no go area for him and his entourage and family.

        • Gallowgate Dave

          In which case I’d say you’ve earned that right. I don’t always read the comments and you haven’t asked my opinion either but for what it’s worth there are probably more constructive/inclusive ways you could make your (mostly valid) points on here which would help to influence people more to your way of thinking because as depressing as Ashley is it’s perhaps even worse that we all just argue with each other instead of uniting against that pox on our club. Divide and rule has been working on us masses since the dawn of time eh?

  • Leicester Mag

    Difficult to argue with the points made by Joey. Sadly I fear it will be Rafa will be the ‘loser’. In reality the real losers will be the fans as ever. The faithful dog about to get another kick. If this is the end result surely that has to be the tipping point.

  • Leazes Ender

    Exactly……… Well said Joey! It was an interview to drive Rafa out.

    A far cry from Tyne Tees Television’s Rob Jones who put out a pro-Ashley diatribe through his sports slot….’I’m not investing any more’ said Mike….

    Brummie Rob Jones was drafted in from his usual job of following Liverpool FC
    Scum bag!

  • Paul Patterson

    Don’t say that Joey as there’s only one winner in this one and it won’t be Rafa..

  • Steve Pearce

    Point reached when gobby Scousers with attitude problems should haad their gobs!

    But Joey’s right, but the only way to free us of the Fat Fireplace Polluter is for someone to wave a fat wad of cash in his general direction and he’ll snap their hands off. Although there was reported interest from the Chinese pre season it seems that they have now turned their attention to Southampton. The disgusting blob of lard is no different from any one else – everything has its price! Then he can run off to Scotland and try and buy those Orange Men who play in blue shirts,,,

    • Oooh bobbi fleckman

      There is more than one person in China.

      You are right, the only way for Ashley to sell is for someone to buy, this fact seems to be missed by so many on here.

      • HarryHype59

        No one will buy us for £420m. £260m would mean he gets his money back. He can sing for interest payments as he has enjoyed free advertising for his sports tat business. He has also mismanaged the club and devalued the brand.

        • Oooh bobbi fleckman

          Even though a similar club sold 49% of it’s shares for £200m just 12 months ago?

          Why would he sell for £260m at this moment in time? he may do that it we were rock bottom at Christmas but there is no incentive to sell at that price.

          Barton was right, he said that Mike got stitched up by the Halls but once he’d put things right, he’s going to expect something for his efforts.

          • HarryHype59

            What efforts?

          • Oooh bobbi fleckman

            a lot more effort and hassle than leaving it in the bank.

          • HarryHype59

            Keep up Bobbi. Southampton have just sold 80% of their shares for £200m. The value of the club depend on retaining our place in the top flight sure to the TV deal. That is why I cannot understand why he isn’t backing Rafa more in the market. We get £110m if we stay up and £41m in parachute cash if we go down.

          • Oooh bobbi fleckman

            I’m keeping up, I said a similar club Everton are a similar size club to us in support, status etc. Saints have been in administration and the 3rd division in recent years. They are incredibly well run now (partly because they learnt lessons) but would you not value NUFC higher?

            I’ve pointed out, the EPL status is important.

        • Oooh bobbi fleckman

          I’m not saying he gets interest on his loan, simply that he could have put his £260m into a savings account and see it worth £420m now without risking a thing or having any hassle. He will not sell for £260m unless it looked like we were going down.

  • Antenociticus

    Wonder who Joey is betting on to leave first?

  • Peaky Magpie

    No matter what anyone says about Joey he’s only saying out loud what everyone else is thinking and knows,why do you think the hatchet man lawyer is hovering in the background?

  • Guest 2

    Hard not to agree with Barton – other than the comment of taking us to the ‘next level’. I’d be happy to go backwards, to the KK and SBR level!
    And fatty is guaranteed to get ALL of his money back if and when the club sells. His ‘loan’s’ are club debt which will have to be repaid in full.

    • Oooh bobbi fleckman

      It’s OK but there has to be a buyer first. The values involved mean that is unlikely to be one person.

      To put it in perspective, Mike has £260m tied up since 2007. Had he put that money in a reasonable saving account (at the time in 2007) he’d have got 5% interest and cumulative, that’s £420m +

      Ok, he’s have paid tax on it and not benefited from BIS relief but he’s have had less hassle (although not exactly his style) so I’d think getting hi money back would be getting £420m

      • Guest 2

        Bean counter, your numbers are wrong. He hasn’t had 260 mil tied up since 2007. 62 mil of that was as a direct result of his relegations (though he repaid himself 29 million from those additional ‘loans’).And as for interest rates, you seem to be discounting the 2008 ‘crash’ and after effects completely.
        Absolutely zero mention of the financial benefits he’s enjoyed either.
        Did you learn finance through “Accounting For Dummies”?

        • HarryHype59

          He claims to be a Chartered Accountant. I though the fat lad was getting free advertising in place of interest payments.

          • Fleckman hoop licker

            He wears his “Mike” underpants over his trousers.

        • Oooh bobbi fleckman

          He bought the shares for – £131m
          He restructured the debt with – £129m
          Total in 2007 – £260m

          He’s since advanced £12m to get through 2016-17 season which was a result of relegation but I only applied the interest calculation to the 2007 money as that what it took to acquire the club and make it solvent.

          There haven’t really been any financial benefits to him.

          I don’t think the above needs accounting for dummies, it’s what we call in the trade ‘adding up’ and I think I managed adding 131 + 129 = 260 when I was 4 or 5.

          • Guest 2

            Bobbi, get to F! “the arrangement has been a significant benefit to SD and its shareholders”. Majority shareholder (Ashley) included. Of course there have been financial benefits for him and them.
            “I’ve put in my 250 million, there’s no more”. His own words.

          • Oooh bobbi fleckman

            Well, I’m pretty certain you will not be owning Newcastle United football club if you are offering £250m. You can try him but i think you will be going 50:50 with him.

            If you an guarantee NUFC as an English Premier League club with the current cost base, it will return a profit of around £60m a year until there is some dramatic fall in demand for the premier league, we’ll assume that’s not going to happen so £60m return in perpetuity. Let’s make this easy and say it’s only £50m a year in perpetuity with the UK base rate at 0.25%. as a purely financial investment, who much would you have to invest to get that sort of return?

            You need to use this formula , present value to invest = annual payment received / interest rate

            present value to invest = 50000000 / 0.025

            present value to invest = £20,000,000,000

            He’s not going to sell you a £20,000,000,000 asset for £250,000,000

            He may just fancy it at £500m given the risk of not being a EPL side and the risk of the EPL imploding.

          • Guest 2

            You think NUFC is worth 20 billion? LOL! No wonder you like Ashley. You’ve been on the happy baccy too much, pal.

          • Oooh bobbi fleckman

            I don’t think it’s worth £20bn because there is some risk attached to those figures, player wage inflation is higher, we have the threat of relegation.

            I think a far better valuation is to see what a similar sized club is valued at. Farhad Moshiri bought 49% of Everton for £200m . Everton have a need to spend a lot of money on a stadium which counts against them but are more established in the EPL that us, Everton have not made a profit for years whereas we tend to have costs under control and report good profits. However, that would suggest similar clubs are worth £400m at this time last year.

          • Guest 2

            Stop your waffling. Can’t add. Can’t use a calculator either and clearly never check the accuracy of the drivel you post. Why post a ‘formula’ which must be used, then not onlo get the maths wrong but also say you don’t believe in the outcome! Full of hot air and [email protected]@

          • Oooh bobbi fleckman

            Oh dear, we’re down to the level of Micky love here.

            I posted the formula for calculating a revenue stream as that is what we are doing here in pure financial terms. it would give an upper end figure as there would be no risk.

            If you search in the Mag for ‘Kieran Maguire ‘ you will see a recent article about the valuation of football where he put us in the £500 odd million mark and to show a bit of accuracy, he values Southampton at £250m.

            Using another measure, internal rate of return, If your valuation of the club [nufc] is £250m then the approximate return the club will generate is 20% a year for an investor, every pension fund in the country would dream of that sort of return. Even at £500m it’s 10%! Mike is not going to sell the club at £250m

          • Guest 2

            Maguire gave no indication of how he reached the values. Incidentally, Forbes placed a value of 258 million.
            And my retirement fund is currently returning 12.96% so shove that up your jacksy.

          • Oooh bobbi fleckman

            Good for you, a pension and you’ve not even left school.

            The Mag article doesn’t do the detail, I don’t think the likes of Leazes and Micky love would quite get it. It looks like it’s based on income streams.

          • Guest 2

            I know 50 mil divided by 0.25 doesn’t equal 20 billion. Fraudster.
            For an alleged CA pontificating on football you seem to know little. Try referring to the MMM valuation model – also puts a sum of 278 mil on the club.

          • Oooh bobbi fleckman

            0.25% not 0.25 based on the bank of England base rate of 0.25%. £50m per annum divided by the BoE interest rate 0.25% = £20,000,000,000

            The MMM valuation?

          • Guest 2

            As I said, your purported formula presents a valuation of 20 billion which is utter nonsense.
            Markham Multivariate Model.

          • Oooh bobbi fleckman

            It’s how the value of an income stream at the current interest rate would be valued, it’s very standard. I’ve explained that there are risks attached to NUFC which mean the £20bn figure is on the high side! The maths however are right.

            The MMM model, thank goodness you explained, I thought you I were following the logic of Mmm Micky love for a moment. You to shown your workings and how you applied the current variables to the model in order to get a current valuation.

          • Guest 2

            Go look up the research yourself. It’s purportedly the most accurate club valuation method. Incidentally valuing the club at 221 mil in 2015, prior to another relegation.

          • Oooh bobbi fleckman

            You’ve pointed out the flaw in your valuation already. It’s based on 2014 financials.

            Valuing a business is always impossible to get spot on and football has the emotive element thrown in. We can throw valuation models about and every one has their merits and every one can be critiqued because it doesn’t take account of x,y & z.

            It comes down to finding a buyer who’s prepared to pay the price the current owner will be prepared to sell at. We’ve not seen a buyer come forward in 8 years, we’ve heard rumours, I’ve been told Fun 88 are the most likely to be interested and that’s a stake, not a takeover.

            Much as you say MA ‘should’ accept £260m for the whole club, the reality is he will not sell at that price and I suspect, if you were in his shoes, neither would you.

            The closest analogy I have is that I bought my car a couple of years ago, bit of a well known 4×4 Jesmond tractor and I got it for £3k. I knew it had an issue and was cheap, I addressed the issue and it does me fine, I’m not into image or anything but long trundles up & down the motorway are very pleasant and I can move a lot of stuff which is needed for work / business. My brother in law’s wife wanted one and my brother in law asked to buy it for £3.5k knowing I had fixed it for around £500. He was very upset because i said ‘no’ on the basis that to buy something similar was over £4.5k, I’d have to get something else and I don’t have to sell it if i don’t want to, furthermore, the think is expensive when it goes wrong and i knew my BiL was not in a position to deal with big garage bills. The point being, you have to make it worth the seller’s while to sell, even if he sells, the new owner must be in a position to pay the upkeep or put some money in to improve.

          • Guest 2

            I’ve identified your flaw. You gob off without even bothering to read anything and use utterly pointless analogies. The model is applicable to any given year if you use the appropriate numbers and it’s more accurate than Deloitte’s or Forbes. I’d suggest that makes it 1000% more accurate than your amateur accountancy which offered a formula resulting in a 20 billion valuation!.
            “Dr Tom Markham has advised numerous buyers and sellers of football clubs on valuation”

          • Oooh bobbi fleckman

            I’ve tried to be analytical but it goes over people’s heads. The model can be used, I agree, it’s one of many. I think you need to show your workings because I can’t see how you get to your figure as a valuation at today’s date. When you read the MMM theory, they are quite clear, this was a snapshot valuation based on the figures at the time and will change.

            The £20bn was a provable figure, it’s not how I’d value the club but it’s how you may value an asset that can create similar cash flows. MMM’s model uses an element of DCF but then applies risk.

            MMMs model is fine but you can’t show your valuation using it. it’s also just an estimate, Everton’s value was £400m last September as far as the investor was concerned but the commentary on Everton (from MMM) still applies so should NUFC be worth more? shout they be less?

            One thing is for sure, £260m will not buy NUFC.

          • Guest 2

            Sorry, but anything which results in a 20 billion valuation for NUFC is clearly nonsense. KPMG placed a valuation of approx 3 billion Euros on Man U – yet you seem to argue we could ‘provingly’ be worth 7 times more! No wonder you’re an Ashley-ite.
            “These valuations are a snapshot of a club’s worth at a specific point in time. In reality, clubs’ valuations are always changing primarily based on on-pitch performance, the competitions they are taking part in, commercial deals and ultimately profitability. I have done a number of valuation reports for Premier League clubs in recent months which tend to focus on modelling future club valuations – this is inherently important to anyone looking to buy or sell a professional football club at any level.”
            On pitch-performance – historically woeful under Ashley. Competitions – same answer. Commercial deals – same answer. Players as assets (currently) – same answer.
            Fatty may not sell for 260 but it does not inherently mean the club is worth more. He’s made money from ownership if you accept that or not and if he gave a stuff about the club he would recoup his outlay and disappear.

          • Oooh bobbi fleckman

            I’m not saying the club is worth that money (£20bn), as I’ve mentioned each time I’ve posted. However, that is how you can value an income stream that NUFC is well capable of producing.

            I’m not even arguing that things can not be better but he’s run the club as a business that should be able to create enough income in order to support itself. The fact that potential investors will think that it’s quite easy to be more successful on the pitch and commercially should make it more attractive.

            Until he sells all or part of the club, he’s not made money out of the club. You can point to the advertising but Sports Direct could have got that from similar clubs such as Everton for less than he’s forgone in interest. He may do OK out of the Gallowgate metro car park development but we’ll not see the detail until next Jan / Feb, even so, he could have done a lot more with the money tied up in the club.

            If you were MA, you’d bought something in 2007 for £131m and then had to throw £129m into it to sort out the finances etc and get it on an even keel, would you accept £260m some 10 years later?

          • Guest 2

            10 years of PL brand exposure (SD) and revenue from merchandising. Stripping a club asset directly for his own benefit (Gallowgate) no doubt because he knows he’ll never fund a further ground expansion.
            If the man had any decency he would act on his concession that he doesn’t want a football club, has no clue what to do with one and will not invest further in it.
            Seems to me he wants the best of both worlds – all of his money back (what business owner is ever guaranteed that?) and a profit on the potential of what someone else could do with the club.
            Seems to me you agree with him too.

          • Oooh bobbi fleckman

            The Gallowgate land is just what it is, a piece of land that provides a very small income. The need for that land to develop the Gallowgate has been over-blown, expanding the Gallowgate isn’t really economically viable with or without that land, far more likely is a re-modelling to provide better corporate hospitality, a small number of extra seats and a visually better looking. Most of the additional capacity is actually in the corner, there are not that many seats to be added behind the goal.

            SD could get similar levels of advertising for a lot less than MA is missing out on.

            I think he has a strategy for the club but it’s not going to be a short fix of getting into the top 4, I think his plan is to stabilise this season, and push on as other clubs have already spent up.

            He will want his money back, nobody is guaranteed that as if it was, everyone would do it. Also, he’d like to make a profit, of course, nobody likes to make a loss and if he looks at other football club owners with the income available, he’s right to think it’s possible.

            I think we’ll see an investor but it will be for a share of the club, not the whole thing. So far, people who pretend they care have not come up with any money so it’s academic.

          • Guest 2

            Far more likely? Not as likely as him building student accommodation there which is exactly what he is going to do! You honestly post some garbage.
            And what’s this strategy you believe he has? 10 years is hardly a short fix and here we are scrambling around for a 5 mil striker, two relegations, 3 narrowly avoided, and nowt else to show for his time here. .
            He could sell up for 250 and not make a loss, as well as enjoying the benefits of whatever 10 years (and Gallowgate development) has brought to his coffers.

          • Oooh bobbi fleckman

            The student flats have about as much impact in any Gallowgate end development as me having the basement of my house developed into a bedroom and wet room. It never will make a difference to the Gallowgate end as part of the football stadium. I’d suggest the Mag speak with Taylor, Tulip & Hunter who were the architects or perhaps the structural engineers; Hutter, Jennings & Titchmarsh who will be able to explain the pitfalls of the Gallowgate end and what is and isn’t possible. That would make a great article and put this nonsense to bed (but they would not be able to have their click bait then).

            He could sell up, nobody has offered anything as yet so you can’t expect him to sell to thin air. He will not sell for an amount that he considers too low.

            If he sells, I’m fairly certain he will only sell part of the club unless the offer was just too good. The best we can hope for is that a new buyer comes in and buys 49% for about £185m and introduces £129m on the same terms as MA. Far more likely is for 49% to be acquired for £185m and £64.5m lent to the club on the same terms as MA but that repaying 1/2 of MA debt – not great as teh club will be no better off in cash terms. IMO, the worst outcome is for a consortium involving FFS come in, buy the club outright and repay MA’s loan for about £500m, they would then borrow against the value of the assets in the name of the club to pay the consortium back. If that happens, I see the club in serious risk of collapse within 10 years.

          • Oooh bobbi fleckman

            Where is the maths wrong? I’d not noticed this post earlier, the maths looks right to me, the question mark os over the continuation of low interest rates and the reliability of the £60m income stream.

          • HarryHype59

            What nonsense! Southampton have had 80% of their shares bought by a Chinese investor for £200m. I would put his clubs value at around £250m.

          • Guest 2

            The ‘chartered accountant’ here can’t even use a calculator. Kind of destroys yet another nonsense argument from him

          • Oooh bobbi fleckman

            That would put Southampton’s value at £250m. Would you expect NUFC to be higher or lower than Saints? We have higher commercial income despite it being outsourced, higher matchday revenue and due to the capacity of the stadium, more scope to increase this, we have a stronger track record of profitability. on the other hand, they have a wealthier geographical area than us and it’s possibly easier to attract players to Southampton than Newcastle?

          • HarryHype59

            They are also an established EPL side who do the “Sell em on for profit” game far better than Ashley’s regime.

          • Oooh bobbi fleckman

            I’ve said that Saints have a few things over us, they are well run as a result of administration and lessons learnt, they have a good academy and youth system and Southampton and Hampshire is now a far wealthier area than the North East.

            We have a few things on them which are important, size of stadium and ability to pull crowds.

            We’re worth more than Saints.

          • HarryHype59

            You getting Pythonesque on me there! What have Southampton got what we haven’t?

            Decent owners, better weather, a higher valued squad and lower debt levels…OK apart from those?

          • Oooh bobbi fleckman

            If we were run in the same manner as Saints, the sames fans getting angry now would go ballistic.

        • Oooh bobbi fleckman

          No, you need to go back to your ‘sums’ lesson.

  • Desree

    If the club has 150m worth of debt, then it isn’t worth 250m – no matter what MA paid for it. If the market price for a house is 250k but I want 400k to pay off my 150k mortgage, it aint going to happen.

    Mike Ashley either needs to invest in money and do up the house so that it increases in value or he needs to lower his price.

    But like a scumbag landlord, he can just let the place rot, keep increasing the rent and let tenants live in squaller!

    • Oooh bobbi fleckman

      Any outright sale would mean Mike would demand his loan repaid.

      I think with the figures involved, we will not see an outright purchase.Once the club are established as an EPL side (with little risk of relegation) , it’s worth £500m. If someone buys the club for £500m, that does not give any extra money available for transfers so the ‘new’ owner needs to come up with £600m to make a difference.

      If £500m is the club value debt free, then £370m buys the shares and £130m pays back Mike.

      • HarryHype59

        Ashley should sell for £260m. He gets his money back and new owners can make the club to the next level.

        • Oooh bobbi fleckman

          why would he consider that a good deal for him? If you bought a classic car in 2007, paid for it to be restored and wend to sell it when demand and prices had gone sky high, would you really just be happy to get your money back?

          • HarryHype59

            Daft analogy Fleckman! The club has gone backwards since he took over! We used to be an established EPL side who were in the Champions league a few seasons before Ashley took over. Now we are almost a yo yo team having been relegated under your hero’s regime twice in ten years.

            His mismanagement of the club has reduced its value on the market!

          • Oooh bobbi fleckman

            We were an established EPL side but so were Leeds until they couldn’t pay their bills.

            We were a classic Rolls Royce with all the major mechanics shot to bits. We’re now a Rolls Royce with all the running gear sorted but just needs a polish.

            This argument is all fun but nobody has offered anything for the club as yet, the NUST have not raised a penny in 8 years despite their raison d’etre being to raise the funds to take over.

          • HarryHype59

            We are now the Ford Focus of Premier league!

          • Oooh bobbi fleckman

            £250m will not buy the club, that’s the bottom line.

      • Fleckman hoop licker

        “Mike” this, “Mike” that. Dear me, I bet you dream of tea bagging the fat pig.

      • HarryHype59

        Meanwhile on planet reality!

  • Arty Hume

    Agree entirely with Joey! A few things though, Ashley says its for sale to whoever has more money than him, well he’s not able to fund the transfers the manager wants so it should not be hard to find that kind of person/investment as Huddersfield have managed to pay twice as much as we have. I’ve said it for years we will get nowhere with Ashley as owner, he is a spoilt brat with money and an attitude problem with Geordies. All we can hope for as fans is an offer from oversea’s, we have tried home grown owner’s and it does not work. What happened to the Far East connections a few years ago and the more recent Chinese interest? I just do not want to see Rafa leave, and its so on the cards right now as he is doing his best and the situation is getting him down, his pride and own ambition for the club also he has his reputation to think of.

  • HarryHype59

    It’s hard to argue with Barton on this one.

  • Geordiegiants

    I thought he was an excellent player and an excellent character. He speaks the truth and doesn’t give a flying. Jabba is a low life snake and until someone accepts the leaders roll and makes a move on starting some way of getting him out, there will only ever be one winner.

    • Damon Horner

      If only there existed a fanzine, could be online, which could do something or print something intended to reach a larger audience.

      • Geordiegiants

        A premier league fanzine, it would turn into an insult zone/zine, but I get where your coming from.

  • TheFatController

    Ashley is a billionaire owner who likes to let people know he owns a football club – just like the only other billionaire that does similar – abramovich

    Both go through managers regularly, one going for the very best, the other does things on the cheap.

    But they both aren’t good at relationships with those managers, sooner or later you know that a Chelsea or Newcastle manager will be moving on.

    Huge egos don’t work in football long term – managers have learnt to treat millionaire players differently, something abramovich and Ashley aren’t remotely willing to do with their millionaire managers.

    I haven’t looked but I presume Conte and Benitez are among favourites to go? Funny that …

    • Fleckman hoop licker

      Comparing Abramovich with Ashley ? Apples and oranges spring to mind.

  • Martin

    I don’t think that Rafa has any intention of going to China but inevitably in the next few weeks or months managers from large teams in Europe will be sacked, and Rafa will be in the frame. At this point, I think he will go.