It was embarrassing enough that the club took 11 days before finally publishing the Newcastle United Fans Forum minutes.

The meeting having taken place on Monday 24 September and then minutes published earlier this evening (see parts of the minutes below).

However, now the Newcastle United Supporters Trust (NUST) have revealed that they have not accepted what the club has put out, is a full, true and accurate record of what happened at the meeting.

NUST say that they ‘raised a number of issues with the content’ when the draft minutes were circulated to those who’d attended the meeting (including NUST representative Alex Hurst).

The club going  ahead and publishing this account tonight despite NUST saying that it doesn’t properly and fairly represent what went on.

Interesting to see whether NUST elaborate on what exactly was wrong/missing with what the club have put out.

Newcastle United Supporters Trust (NUST) via Twitter:

“After receipt of the draft FF (Newcastle United Fans Forum) minutes our rep who attended the meeting raised a number of issues with the content.

“We have not agreed the version that has now been released.”

The Mag – Earlier today ( Friday 5 October 2018):

Mike Ashley has taken money out of Newcastle United since the last accounts.

The Newcastle United Fans Forum minutes finally published on Friday 5 October, 11 days after the meeting was held.

Actually some interesting stuff this time.

The minutes reveal that the owner has taken cash out, meaning the amount owed to him has dropped, the minutes stating: ‘The amount owed to the owner was disclosed in last accounts and the figure is currently less than that.’

Much of that money ‘owed to Mike Ashley does of course relate to what was basically part of the price of buying  the club, such as the mortgage that was still owed on the stadium redevelopment.

No amount stated of what he has paid himself back but no doubt this had an impact on the summer transfer spending.

The club also state that Sports Direct pay for all ‘advertising in the stadium’, with the claim that ‘Sports Direct is only allocated what the club doesn’t sell.’

It appears to indicate (see below) that Sports Direct must pay a lower rate for  this ‘unwanted’ advertising but difficult to believe that all the advertising positions couldn’t be sold to other businesses.

SD of course get numerous other benefits such as getting exposure at all press conferences and at the training ground for example, so whatever they are now paying (which is better than the previous position at least), they will still be getting a great deal.

Newcastle United Fans Forum minutes (Meeting on Monday 24 September 2018:

AH: “There is an idea from fans that the club has £30m – £50m in the bank. Is that accurate?”

The club stated that it was an oversimplification to talk about a cash position at any particular point in the season.

The cash flow has peaks and troughs through the season and has to be managed – including periods to ensure the club is not in a negative cash balance – with support given either by the owner or through an external lender.

Either way, by the end of the financial year we aim to pay back what is owed, in terms of short term funding, to whomever it is owed.

The amount owed to the owner was disclosed in last accounts and the figure is currently less than that.

However the source of funding and level of funding required for the remainder of the season is not yet finalised, so this position may change.

Sports Direct

There is now an agreement in place whereby Sports Direct pays for all advertising in the stadium.

Sports Direct is only allocated what the club doesn’t sell and that arrangement can be terminated immediately by the club if another company is willing to pay more on a fair commercial basis.

  • Leicester Mag

    Personally I don’t agree with the sick parody of a football club that this barsteward has maliciously and cynically imposed on us all for a decade. Hardly surprising therefore the minutes are a 🐷 with lipstick added to it.

    • Kenny

      Not worth the paper they are printed on.

  • Kenny

    Has he went into overdrive in milking the club dry then flopping it,
    what is to come in January, Lascelles & Shelvey out for £50m straight into his pocket, the evil [email protected]

    • Wezza

      If at least one of those isn’t flogged off and a cheaper replacement brought in I will be shocked.

  • Sickandtired

    They should do the right thing then – and publish their version. So what if they get banned as it (FF) is as much use as a chocolate fireguard anyway.

    • Cockneytrev

      Exactly,, the whole of the forum should have been videoed and put on line,,,

      • Carverlier football

        Other clubs do it. But then other clubs aren’t intentionally taking the fans for a ride…

  • Toonrobbybobson

    I think the fans have every right to hear NUST’s version now.

    The money taken out to buy HoF hopefully means he is owed nothing anymore. Sick of hearing about this loan which would not exist if S*** Direct paid its advertising bill instead of being a freeloader draining the club.

    • mactoon

      That’s a bold statement. The money to buy HoF was taken from Sports Direct accounts, don’t let your dislike of Ashley lead you to stating things that may not be true. There is no proof that money was taken out of NUFC accounts to pay for the acquisition of HoF

      • Superdooperhooper

        No proof otherwise either

        • Steven05

          There’s plenty of proof he is scum

          • Superdooperhooper

            Yes he’s scum no argument there. But the accounts thing is horribly complicated and tied with all kinds of tory tax dodging scams

          • Steven05

            But because he is a scum, I will always believe the worst with him and remain a tad sceptical of any counter claim. He’s pulled more money out this club than any ‘loan’, and counting…

          • Kneebotherm8

            Does he/Can he ever tell the truth?…

          • Kneebotherm8

            Lying scum….

      • Toonrobbybobson

        OK why has he been on a cash grab so much? Ashley hasnt wanted to spend as he wanted to pull his loans back. He will have pulled and pushed back into Sports Direct. He has wanter HoF or Debenhams for a long time. He was never going to miss that chance.

        He will have only again loaned the money to SD. As he has stated hes not cash rich. Neither is SD to the tune if that much. Look how much he passes money between his businesses. He even owns part of Keith Bishops PR agency…he never actually pays for anything just like SD and its advertising.

  • mactoon

    And that’s the problem. If the fans representatives attending the meeting do not agree with the minutes and they are subsequently released by the club the NUST MUST contact the FA to expose that NUFC are publishing a falsified account of the meeting. Add to that, publish what they recorded as a true version of the meeting.

    If you say and do nothing, you are part of the problem.

    • Steven05


    • NUFCLX

      It is the PL that needs to be contacted and I think you will find that there is as much transparency from them as there is from NUFC. There is only one word that the PL and our club are interested in and that is “MONEY”.

  • Shipcote Willy

    NUST must publish their own version of the meeting otherwise it will become ‘fact’ and referred to constantly by Ashley’s cohorts.
    Shows the danger of becoming involved in anything to do with Ashley as he will twist the situation to suit his purpose as is evident in all the court cases he has been and is currently involved in. He is always in dispute with someone. As KK said, you can’t trust Ashley.

    • Leazes.

      Looks like we were right about the purchase of House of Fraser!

  • Wezza

    So basicly they changed a few things in those 11 days. Just like they doctor the accounts.
    No mention of the TV money then?
    What an utterly sick, corrupt bunch of disgusting frauds this regime is!

  • Leazes.

    Underfund the club.
    Relegate the club.
    Loan Club money to get advertising back on screen and promotion.
    Take money back.
    Underfund the club.

    Whats’s next….. it looks cyclical.


  • Dan Dowling

    So Ashley is holding out for £300 million – why not just let the club go into receivership then buy it back for £90 – sell its assets, quids in!? Thats his business model isn’t it?