Would it not be best for Newcastle United to be relegated now?

To let Mike Ashley see his main milch cow dry up!

He must have stripped NUFC of around £400m, so far.

Leaving at least £200m for a buyer to find, on top of the buying price demanded.

This is just for the club to basically function…

Surely with the latest display of our weaknesses and the fact that it will take years to recover from the depravations of this greedy asset stripper…pure and simple we need to go down in order to pressurise this out and out idiot.

What does he think a free meal will achieve as an incentive?

As for a Mike Ashley free holiday if staying up…if the team does stay up, don’t waste your time Rafa, have a nice long holiday,

Essential to get a toxic Ashley out of the system!

In the meantime, fans ought to boycott…and if inside St James Park, cover all his stadium S….. D….. adverts during matches.

Can’t the stewards get better jobs?

Shouldn’t be difficult, judging by the discontent at Mike Ashley’s other places of worship.

Surely our MPs can lead the way in denouncing Ashley to the FA et al, as unfit to be a company CEO, or even a director in the football world.

Let’s really spit this effluent out.

Tyneside can do without the type!

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  • Brandon Ketchum

    Yeah, ’cause that REALLY worked twice already, right?

    • Leazes.

      Third time lucky?

  • Themoscow72

    Only fans on here or the Magpie Group could want Newcastle relegated. We will never find a buyer then. The best situation would be the club repay as much of Ashley’s £144m loan (less the recent loan repayment) and this would drive the asking price down. For example if we paid him back £50m he would perhaps except £250m which is a great bargain for a Premiership club. You say he has stripped Newcastle of £400m. He has in fact put £144m in and not taken a penny out in wages, dividends or bonuses. Our previous owners would think nothing of paying themselves up to £7m in a year. Yes he gets free advertising but the interest free loan more than covers this as we were getting charged up to £8m a year before he came in. Please stick to the correct facts and back the club to avoid relegation or you will never find a buyer.

    • Ron

      “Please stick to the correct facts” …. as opposed to incorrect facts??

      We need to categorise the facts, true facts (the best), false facts (Keys & Gray) now we also have correct facts which gives us incorrect facts by default. Very confusing that’s a fact!

      • Billmag

        Do you not know Ron that particular poster lives in a lift and not a bubble.

        • Ron

          A Monkseaton fact?

          • Billmag

            😀😀😀

          • Peaky

            I’m back up in the NE at the back end of November for a wedding…..in Monkseaton….😳😳

          • Ron

            Stay out the lifts (little known fact I work in Monkseaton)

          • Peaky

            100 % sure he’s back under another name….it’ll not take you long to find….backing Fatso,number of away tickets sold etc etc….

          • Ron

            I saw that – I just thought it was another waster!

    • X2

      Don’t buy any NUFC branded merchandise, the profits go straight to ashley and shameful Sports Direct. If you want to have NUFC colours use old gear or buy non-NUFC branded stuff. Ashley was called before parliament because of the shocking working conditions at shameful Sports Direct – don’t support that.

    • Mike D

      Some of this “loan” was for the stadium which had to be paid in full on change of ownership. Therefore it is just the price of buying the club. It would have been paid off now even if MA didn’t take over. However the loan still hangs round the neck of the club like a noose.

      Most, if not all of the rest was made up of lost income due to relegation. MA having to pump money in to maintain the club during two Championship seasons. Guess what, that’s Mike Ashley’s fault.

      • Pezza

        I think you are missing the point of why we had a takeover.

        • 1957

          The club was losing money but still paying big yearly dividends to shareholders… Hall (and Shepherd) had to go but his choice of purchaser left much to be desired. A sale to the first interested party who put good money on the table.

        • HarryHype59

          Bobbi..If the debt was £130m it would have been better for the club to remortgage the debt over a ten year period. The £500m plus Sky TV money over this period would have easily covered the additional repayments.

          • Pezza

            Yep, if that were possible but we had been blown out by hedge funds and there were not any willing lenders as far as I know. It seems unlikely as the security wasn’t available.

            Given that our marginal rate of borrowing was over 11pc we’d have had to generate £14m for interest and £13m to make repayments from what already was a £33m loss making business.

            It wasn’t happening, it needed a new owner with money to. spare.

      • HarryHype59

        I argued with the pro Ashley troll Fleckman, that Ashley insulates himself from the fiscal consequences of relegation by increasing the debt to himself. He adds the cost of his mistakes to the club via the so called “debt”.

        The man is an albatross around the neck of this club.

        • Pezza

          That sounds one of the most stupid things you’ve posted, can you explain?

          To my logic, him providing more loans means he’s suffered the consequences of relegation not insulated himself.

          • HarryHype59

            it’s only stupid Bobbi to a business illiterate! The loans are needed to cover losses due to HIS mistakes! The club has never been richer in its entire history via the TV money, so it shouldn’t need ‘loans’ to deal with cash flow issues if the business was ran correctly e.g not getting relegated!

            He makes the same errors repeatedly which result in relegation and loss of the main income stream i.e the TV money. Ashley doesn’t take the hit, the club does as he increases the notional debt to himself.

            If SD have a bad year ( which they are) Ashley takes the hit as the major shareholder. He doesn’t create a notional debt to himself from SD.

            The debt is a notional figure designed to insulate the fat man from his own incompetence.

            BTW If this club had been anywhere near as successful as it was from 1992-2007 Your master would be selling the club for £600m minimum.

          • Pezza

            Oh come come that’s mot

          • HarryHype59

            Bobbi lad, assuming Ashley did save us from financial melt down in 2007, you cannot excuse his constant mismanagement of the club over the past eleven years.

            Ashley hit the jackpot buying this club, when the SKY money increased massively compared to the Hall/Shepherd era. The club has never been richer in its entire history. Yet it is run like a branch of SD. The obsession with short term cost cutting and lack of strategic vision is the reason we are in yet another relegation.

            Ambramovich at Chelsea took the longer term view of profit and invested a billion into Chelsea on top of the £140m he paid for it. He will double his money when the club is sold. This because he has enriched and developed the club brand. Your hero can’t get £350m for this club due to his lack of vision resulting in brand devaluation.

          • Pezza

            How long a term can you endure as an investor? Ambramovich had his reasons for sinking money into a non-Russian offshore business and other chattels. He’s sunk money in and so far, not needing a return..whilst this is similar to Ashley, the scale of the money available is on a different level to what that a retailer who’s grown his business out of a small loan secured by a semi in high Wycombe

            I’ve said many a time, I’m not saying Ashley has not made mistakes, simply that the made up rubbish gets in the way of real grumbles.

            Truth is, his mistakes were, undermining KK with other senior appointments, trying to please fans by employing Shearer and then following a model that employed Maclaren. The other claimed failures are just noise.

            Now he’s lost interest, the club is now ticking over until it’s sold. He wants it sold.

            The actions of the magpie group are not achieving their aims. If fact, given what the Magpie group were in the late 80’s and early 90’s, the comparison to the current bedsheet wavers show the current lot as attention seeking frauds.

            To get to the aim of a change of ownership, fans either must pool resources or find a buyer.

            × We are unable to post your comment because you have been banned by The Mag. Find out more.

          • HarryHype59

            “The other claimed failures were just noise”

            Like two (soon to be three) relegations in the most lucrative era in top flight English football.

            Your alternative version of reality is comedy gold.

          • Pezza

            We’ve been in the top division for 9 of the 11 seasons out

          • HarryHype59

            Bobby man, the club has never been richer over the past decade in its entire history. It shouldn’t even be finishing bottom half of the EPL never mind getting relegated. Mike Ashley is an incompetent penny pinching owner- end if discussion Mr Stockholm synrome!

    • JohnnyH

      The Bishop PR who post on this site like you, consistently mention the sum of £50 million, that we (the supporters?) should raise as a contribution to buy Ashley out. So I assume that this kite is being flown by Ashley, to further purport the myth that it’s not him that’s holding up the imaginary sale.
      Two reasons why this won’t happen,
      1. Most of us can’t afford it.
      2. We wouldn’t give him the steam off our pi$$, never mind an additional £50 million on top of the 100’s of millions he’s already creamed off.

    • Ram Kishore

      I welcome your points but Ashley has made his fair share of mistakes.
      I tend to accept your views even now and i don’t really doubt it. But the interview given by Tony Jimenez few weeks back just made me suspect what his plans were when he bought the club in May 2007. Now he wants to sell. But back then he just appointed a football agent to flip the club for quick profit just 6 months after he bought the club and few days after appointing KK.
      How is he gonna defend that or how are u gonna defend Ashley for that case alone?
      I try to be as open minded as possible.

    • phildene

      We can’t find a buyer now so what’s the difference?!?! You do come over as an Ashley fan and probs another troll

      • HarryHype59

        He is!

    • HarryHype59

      How much TV money has Ashley had compared to the Hall/Shepherd era?

  • Ron

    Why would relegation guarantee his removal? I’d go along with it if there was a guarantee – but he’s done it twice now and is still here!

    • phildene

      The fact we came straight back up the last twice and that’s what he bargaining on happening again, which it won’t. He’s got to be sickened so much he’ll go and to have a club that’s more or less worthless-which it more or less is now- he won’t like that one bit as his cash cow will have gone.

      • Ron

        You only need to look down the road at the Mackems – two relegations and all they were worth is two bottle tops a toilet roll wrapper.
        Ashley certainly wouldn’t like that.

  • Mike D

    I can’t see anything getting rid of him. He’s like a cockroach. If we go down, the club will “owe” him even more money as he’ll want us to bpunce back up. If it fails, catastrophe. Either way, the prospect of finding a buyer will likely diminish.

  • NUFCDan

    I think Ashley would be even less likely to sell if we get relegated. He isn’t bothered about selling anyway, and if he did it would only be for a massive profit. Who would pay £400m for a Championship club when you could buy any other club in the Championship for £100m or less?

    • phildene

      No ones prepared to pay it now, so relegation would hurt him even more! Plus we can’t dictate our finishing position and personally,to be honest, we aren’t bothered if we go down

  • FatParosite

    For all those people below throwing the idea out as a matter of unworkable solution.
    1) Try and be positive and come up with another solution or at the very least positively critical
    2) If Ashley is not making money from the club he is closer to getting rid of it (all agreed?) hence the relegation.

    Seems to me those fans that still go to the SJP want their cake and eat it. They want to still go to their beloved club whilst also getting rid of Ashley. I’m afraid that is not a workable solution. Ashley stays while the money is coming in. It is a very simple equation.

    • Leicester Mag

      Nail on the head.

    • phildene

      You couldn’t be more right, especially with that last sentence.

  • Leicester Mag

    The likely difference this time around is that there are no real assets aside from Lascelles and Jonjo to bankroll another dip in the bargain bucket. The championship is really competitive and has multiple clubs already spending more than us. There will be no bounce this time. Is this good or bad? That we even.ask this speaks volumes of the cancer inside the club.

    • FatParosite

      We have to go into the fire to be a Phoenix.

    • Martin Rooney

      Why no bounce? Last time before lastlas needed old codgers like Nolan barton Smith and a manager like hughton newcastle’s budget is just too big for the rest of the championship.

  • t00nraider

    We need Rondon on the pitch. Even in the Shearer days we struggled without our number nine.

  • gallowgate26

    There is no long term benefit to going down, Sunderland went down, got rid of Short. What next? Some new directors with no money… Now they’re just hoping to get back to the championship. I want Ashley to sell but not for the club to fall financially behind the likes of Bournemouth and Huddersfield! Size counts for nothing now, Villa and Leeds are much bigger clubs than Bournemouth or Watford.

    • phildene

      It seems we may have to go down to get rid of Ashley, who thinks that if that happens we’ll come straight back up, but we won’t, not this time and I’ll take anything to rid us of this greedy horrible man.
      We are already financially behind those clubs mentioned-Bournemouth and Huddersfield- in quality of player and investment, of which there is none!

    • Pezza

      Exactly right

    • Billmag

      Well said.

  • kingfisher

    I would have no problem at all being back in The Championship. Not only because it would stick it up Ashley, but mainly because without a doubt, that is our level ( or lower).We are in The Prem under false pretences masquerading as a club with ambition and status. No ambition to win anything, no investment, no point in participating.The only advantage in playing in the Prem is obviously the money on offer however, as that money goes into Ashleys back pocket and is not invested into making NUFC a better club, then there’s absolutely no point in struggling year after year.In the Prem it is a constant fire fight and those who go to SJP can’t possibly enjoy the games, which is proven by the lack of atmosphere.

    In the Championship we could actually look forward to playing some attacking football for a change and have a chance of winning games.
    We are an embarrassment to the Premier League and deserve to be relegated.

    A family member is a lifelong Sunderland supporter and says that he has enjoyed going to different grounds in the Championship and now in League one.
    At the end of the day it really doesn’t matter what league Newcastle is in, as long as we can compete, play good entertaining football and most of all ENJOY watching and following Newcastle United, something which I’m sure most of us haven’t done for a long while!

    • Pezza

      The championship is great for one season but it’s like a holiday, not somewhere I want to stay.

    • FatParosite

      I’m afraid Ashley relies on the boing boing. He knows fans will look forward to a season of wins & so the ‘merry’-go-round goes on and on and on…

  • Carverlier football

    I would rather be a Championship club trying to be the best it possibly can be on limited resources than a Premier League club deliberately underachieving…

  • Wezza

    Whether it is or isn’t (and I have to agree with the article) we are getting relegated anyway. After we go into the Championship Ashley will take all the parachute payments (no mention of in accounts) and sell at a cut price, but he won’t be at a loss. He will still have made a massive profit.

  • jinkyjimnufc

    We’ve tried that relegation thing twice before and it didn’t work. We wont boycott games, we cant seem to organise in-match protests (coming in late/leaving after ** minutes, etc, etc), we can’t buy him out, we can’t kill him (although if this was America he’d be dead now). Sadly, chaps – we’re f*cked!!

    • HarryHype59

      There is a good chance we we will trying the “relegation thing” for a third time!

    • Mxpx

      If we’d ended up stuck in the championship this might have worked however imagine him not getting the TV money and having to stick in loads of money to get promoted and imagine no parachute payments and no season tickets he would actually be losing money and this would leave him genuinely trying to get rid of the club

  • relaxed

    All i keep hearing on here from the Ashley/Bishop brigade trolls is them banging on about how good Ashley has been over the years in lending the club money.
    As I have also read on here many many times and quite rightly so is how the fukc can you lend yourself your OWN money ?. When he claims that he puts his 100% OWN money into his 100% OWN club he calls it a repayable loan but when the clubs profits and incoming payments by some kind of magic disappears into thin air he calls it non returnable expenditures.
    To get to the nub of it all what i really want to know is, what does Ashley class the loan that he took himself from the club/himself for the purchase of HOF, is that a returnable loan to the club/himself ? or was that another non returnable expenditure ?
    Maybe some of Ashley/Bishop brigade trolls could explain this to me in layman’s terms.
    TIA

    • Carverlier football

      It kinda gives away his motivation for the loans given he’s previously banged on about the club “wiping its own nose”; in which case we would surely get our loans from a 3rd party lender as per a normal business where there is a requirement to budget in affordability, cash flow, etc. What he’s actually doing is making sure we’re in hock to him. He did it at Rangers too; he turned down the offer to invest by participating in a share offer and instead waited a short time until they were desperate and offered them a loan to keep them out of trouble – thereby putting them in hock to him and allowing him to stipulate all sorts of heavily weighted conditions. He’s basically a loan shark, but he takes his pound of flesh in ways other than high interest…

    • Lord

      Ashley uses loans as they are a tax efficient way to get money out of NUFC.

      He can take any or all of that £144m from the club at any time he pleases with no tax to pay. Say, for example, if he wanted more personal funds to invest in another company (!) he could pull that from the club at a moment’s notice.

      If he had put that £144m into the club (no loans), then the only way to get that money out would be via dividends/salary/bonus – all of which are taxed by HMRC.

      The loan is a massive albatross. If the club get relegated and don’t return, he has £144m he can take out to protect himself from catastrophic loss and he could do that via extreme means like selling every player or even the stadium.

      • X2

        I’d take that if he went and we weren’t lumbered with toxic pro-Ashley contracts as at Rangers.

        • Lord

          Toxic is the right word. I’m convinced Ashley has pulled the same contracts on us but due to having full ownership doesn’t have to disclose the fact, thus siphoning off millions that don’t even go through our books.

          • X2

            Agree. Think he’s bound to. Hopefully when the time comes that he genuinely wants to sell, the eventual buyer will negotiate the toxic contracts out due to fear of fan backlash and also wanting to realise the true commercial potential of the club. That all seems like a long way away right now, though.

      • X2

        Also, very well put btw. Very clear.

      • relaxed

        Thanks for the replies guys
        So he is in a win win wether the club is making or loosing money and if the club is religated or he sells
        no wonder he has no intentions of selling the club,it really is a cash cow

      • JohnnyH

        Frightening
        We could be looking at Insolvency and starting again right at the bottom tier if we drop and he decides to take everything he can?

  • GToon

    Ashley lending us money? The way I see it is it’s the equivalent of him punching you in the nose then expecting you to be grateful when he hands you a tissue to mop up the blood.

  • MadMag83

    Nobody wants to buy the club. Ashley wants too much for something he has invested nothing in.

    Let’s not kid ourselves that his recent appearance’s at games and dinners with the team, mean he will invest serious money in January. It’s purely to put pressure on Benitez.

    This squad is either going to survive as it, or get relegated as it is. And if we are relegated, expect our best players to be sold off. I’m no financial expert, would a few seasons stuck in the Championship be enough to persuade him to cut ties? Or would he just run the club on an even tighter budget?

    • Mxpx

      I think you’re right about him not investing any money and I think the club then hits league one at the same time the fans walk away and Ashleys then left with a business with no TV money and massive overheads and genuinely losing money at this point he’s going to be trying to give it away

    • FatParosite

      I think Ashley is happy to allow us to keep bouncing between leagues until all the money has shaken out.

      • MadMag83

        That’s a good point, but how long would he continue to ”loan’ more money to the club before he decided it wasn’t paying him back sufficiently? As in would he still borrow money if the parachute payments ran out and attendances dropped?

      • HarryHype59

        This loaning the club money to cover the cost of relegation, is akin to someone borrowing your car, crashing it and then saying,

        “Don’t worry, I am going to lend you the money to pay for the repairs that were caused by my mistake”

        it’s a monumental bad joke!

    • Pezza

      He wants too much? In what basis?

      • MadMag83

        On the basis that he has under invested and runs the club on a shoestring. Here’s​a question for you, if he is asking a fair price, why are there no concrete offers for it?

        • Pezza

          It took 6 yr for Everton to find a buyer.

          It doesn’t help that our fans appear to be very precious over commercial activities which will limit interest

          • HarryHype59

            There is no interest at the £400m asking price as brand NUFC has been debased and devalued under eleven torturous years under Ashley.

            Based on results so far, there is a high probability the club will be back in in the second tier for the third time in ten years under this regime.

            It will be worth less than £200m in June.

          • Pezza

            Who said it’s £400m, whilst justifiable, I’m not aware he asked that. So far he’s rejected an offer of £106m for a shareholding he paid £133m for while in a recession and the club was insolvent.

          • Mr wobert

            I don’t think that would bother the fat oxygen thief,he seems to be drawing money away from the club right now, new toys to play with ,,HOF.

          • HarryHype59

            He will swap £110m TV cash for a £41m parachute payment in 2019-20 If this doesn’t bother him it shows what a poor owner he is.

          • MadMag83

            The club has been for sale on and off for the last 11 years with little interest. By all accounts Ashley scuppered the best chance he had of selling with his wide boy attitude.

          • Pezza

            By all accounts? Jimminez?

      • HarryHype59

        On the basis that no credible buyer is interested at £400m. Every day the club remains unsold at that price, confirms this.

  • Martin Rooney

    Yes relegation is going to work.
    Man who spent £231m on a business is willing to sell for a £150m loss after relegation even though he has two relegation experiences which show he only needs to spend net of £25m to get it back to being worth £300m.
    Aye sounds plausible.

  • Jack hendry worst player in uk

    Glasgow rangers fans boycotted the club merchandise for 3 years and wore old strips…. Keith bishop Justin Barnes Derek lombais. They are all paid liars and manipulaters for Ashley. The fat scumbag only cares about money and he pockets all the merchandise money…. We got rid of him after he asset stripped our club and took millions from our club. But no more sports direct signs at ibrox and no more creeps like Keith bishop hanging around…..boycott is the only way to finally force Ashley out of your club… good luck