Figures have been published showing the Newcastle United Capital Expenditure 10 year figures published compared to ‘rival’ clubs.

The excellent Swiss Ramble (a Swiss based English bloke who collates information and writes great pieces on the business of football) has done some great work on the subject.

He has recently done a range of studies on Premier League clubs but because of the period of time covered, Newcastle United are pitched in with Championship clubs.

The study on capital expenditure is for the 10 years up to 2017 and the last available financial figures for NUFC (as they are for many/most clubs) are for the 2016/17 season when Newcastle were in the second tier.

The Capital Expenditure definition is ‘Money spent by a business or organisation on acquiring or maintaining fixed assets, such as land, buildings, and equipment.’

Which in football terms is basically what any club spends on building/acquiring and maintaining their stadium and training complex.

So Swiss Ramble looked at the 23 clubs who were in the Championship in the 2016/17 season and how much they had spent on their stadiums/training grounds in the last decade.

As a nice bonus, this fitted in exactly with the first decade of Mike Ashley owning Newcastle United.

This is the Swiss Ramble table:

newcastle united capital expenditure

When presenting these figures, Swiss Ramble said;

“Thanks to the generosity of owner Tony Bloom, Brighton have invested a hefty £159m in the Amex Stadium and a new training facility.

“The next highest capital expenditure is Bristol City, £55m for the development at Ashton Gate.

“Worth noting just £10m at Newcastle United.”

As well as the refusal to allow proper investment in the first team playing squad, Newcastle fans have increasingly pointed out on the shameful lack of investment on St James Park, the training complex and the Academy.

newcastle united capital expenditure

Newcastle supporters using social media to publish countless photos showing how shabby St James Park is due to a lack of money spent on maintaining it, never mind the idea of improving the stadium, or increasing the capacity (plus of course these images from the training ground showing the use of wheelie bins and paddling pools, whilst others properly invest in the updated facilities).

Likewise, six years ago Mike Ashley announced that a new state of the art training complex was going to be built, saying this was absolutely essential if Newcastle United were going to compete with clubs towards the top end of the Premier League.

newcastle united capital expenditure

Six years later not one brick has been laid.

Never mind capital expenditure to ensure Newcastle compete with clubs in the top half of the Premier League, as the figures above show, Mike Ashley isn’t even willing to allow a level of spending on facilities that matches the likes of Preston, Brentford and Reading.

 



  • Kenny

    The Fat [email protected] isn`t going to spend a penny on anything & he`ll just keep taking the money & shafting the fans.
    well, it wont be my money just the mugs who buy tickets & it`s at the stage where they are MUGS.

    • Leazes.

      He’s not taking very much off them though is he?

      When Ashley took over we were above Tottenham and season ticket holders were paying £520 for a level seven and category 2 ticket….. Tottenham had a ground holding 35k but were taking much more per ticket per game.

      12 years on and level seven family section now Adult ticket is £390 and a Kids ticket is £82.

      He’s filled the ‘walk aways’ with families and filled the gaps on the lower levels with ‘student tickets’ 18-21 years category 2-3 are £272. (£14 a ticket)

      That’s why the crowd is maintained at highish levels…. that’s why the atmosphere is subdued…. its a different crowd….

      Ashley has taken a product and done what he’s done to the goods in his shop….. made it cheap bought a label and stuck it on, flog it cheap except to customers who don’t sign up for the 10 year ‘handcuff deal’.

      That is the OPERATING MODEL that the club conceal.

      ….at those prices they don’t mind being taken for a ride.

      • JohnnyH

        That’s what’s happening
        Even under new ownership you are left with a huge task to retrieve and restore the culture of genuinely supporting the football club.

        You look around the ground nowadays, and large parts of the crowd aren’t recognisable as football fans.

        • Leazes.

          How can a new owner do anything with this operation?

          A Price hike to compete by driving out the £14 students and £4 kids…no chance…. its a damaged product.

          ….Douglas and Ryder will normalise the failure by avoiding the questions because its all the can do….

          …Yesterday Mark Douglas asked what Newcastle United was for if not the cups…. this is his level now…. not Europe, not challenging….. a good run in sponsorship trophies that clubs try to avoid like the plague because they can relegate you.

          • Paul Patterson

            It’ll be a long process to reverse it and will require some understanding from fans, but I’m not convinced that we will be set on that course for a few years yet. The poison is still pumping into the patient. We haven’t removed the source of the dose yet. Until that happens, other ‘patients’ will continue to get healthier and we will continue to get worse.

          • Leazes.

            Absolutely don’t put any faith in a Hedge fund or Kenyon takeover to take us back to the level we were at….Ashley is in control of this strange set up…. he’ll keep it ticking with takeover talk and the odd new arrival to enthuse the Tyneside Press Corps.

            I was just thinking what the level of ticketing prices equates to as fans are now paying less than they were 12 years ago….. its the equivalent of having a 35 to 40 thousand crowd.

            Mag writers attack Ashley for the price hike but that is only for the single season fans, Not the Deals which are the majority….they are wrong, its still a cheap ticket that hasn’t kept up with inflation in twelve years.

            ….A silk purse has been turned into a Sows ear!

          • Paul Patterson

            I’d just take getting a decent value from sponsors/merchandise stadium advertising, shirt sales, etc.

            It may be a drop in the ocean so to speak but it wouldn’t be hard to improve income into the club for a new owner.

            Any new owner would look at incomes and ask the questions ‘Why is THIS happening?’ and ‘Why ISN’T THIS happening?’.

          • Leazes.

            Before any new owner can buy the club Ashley will have to put back its income streams such as merchandise and advertising….

            …otherwise its a name change in control but the same operation.

            ….There doesn’t appear to be a way out other than a change in the law to give all football fans their clubs back.

          • Mung Bean

            If Ashley was performing this demolition job (the asset stripping coupled with MA’s vindictiveness) in Manchester, Liverpool or London (Spurs & Arsenal) I believe that the English FA would have introduced a 50+1 type of ownership model by now, as seen in Germany.

        • Billmag

          Too busy on there mobiles.

      • Billmag

        Doesn’t get away from the fact he’s downsizing the club stripping it to the bare bones like he does with every business he puts his grubby hands on, it’s not just the fact he’s getting people in on the cheap, the commercial side has taken a dive in comparison with Spurs pre-Ashley, the difference between the likes of Spurs and ourselves in Ashley’s era is astronomical.

        • Leazes.

          That is exactly what he’s done and replaced those who didn’t like his level of ambition(sic) with people who will pay a small amount for a day out….

          I feel sorry for those who sit on their hands in hope that its suddenly all going to become the ‘entertainers’ again.

          Not while Ashley is there I’m afraid.

          Meanwhile at the Chronicle…..

          • Billmag

            Ha ha meanwhile at the comical, everyday bombarding the readers with bull💩, the five things we learned, takeover latest, the 10 player’s NUFC could sign, know investigative Journalism just cut and paste, if they did there job correctly they would have been barred by now.

          • Leazes.

            In twelve years they’ve learned how to live with their consciences!

            They justify their stance as …. quote Douglas….’A critical friend’….

            …. meaning they castigate the club for not trying in the cup but accept the downward spiral of asset stripping, fan humiliation, under investment, player sales, and dumb silence.

  • Themoscow72

    A pointless exercise when you are comparing clubs building new grounds with others having a lick of paint. When Ashley arrived he paid of £60m or so on the stands saving us massive interest payments. Where is that in the figures.

    • Tweed Mag

      That was his own fault – due diligence would have saved all that and perhaps put him off buying the club in the first place. He is an unfit owner.
      Talking about figures – you still have not explained where McClaren’s £83m came from. Still waiting for you to explain your own claims.

      • Paul Patterson

        He/she is a t!t. They’ll defend the indefensible. Either a club stooge or mentally ill ..

      • Billmag

        Can’t even see what he’s posting because I blocked him ages ago, reading your reply’s to him it looks like his drivel hasn’t improved.

        • Tweed Mag

          He may well be a fan of the club and want the team to do well, but the things he comes out with are ridiculous. Sad thing is if he used his common sense he would see Ashley for what he is.
          He never answers a question when he knows he has gone too far with one daft claim after another.

          • Billmag

            I’ve had this debate with him before, I don’t know him I just can’t get over the fact that someone thinks Ashley is doing a great job, when in fact he is systematically destroying the club I love and he supposedly loves.

        • Themoscow72

          Was eighty two people out on my crowd prediction on Saturday you were 11,000 that sums it up really.

          • Westdentoon

            You really are an ignorant, arrogant doylem you know.
            The worst type of football fan in the modern age and as predictable as the tide..
            So f*%ing what if you have 2 zillion (blind) loyalty points, no one gives a flyingfck!
            Take your daft craic elsewhere man and stop soiling the blog!

          • Themoscow72

            I replied in relation to someone saying I was not a Newcastle fan. Nothing wrong with that. Also not a troll just state the facts that people on here seem to miss out. Looking forward to new owners to see how much the bunch on here like them. Cannot wait.

          • Toon Arnie

            How about giving a prediction what our net spend will be in January in the fight against relegation ?

          • Tweed Mag

            He did recently – said it would be £60m – cloud cuckoo land.

        • drc74

          his usual moronic self

      • Themoscow72

        We had most of it in the bank. Ashley new what the debts were it was the timescale for paying the stands off where he got caught out.
        Would take me couple hours to analyse any business and unless fraud had been committed would have a good handle on it’s worth including bad debt write off.

        • Tweed Mag

          You need a couple of hours just to sit and think. You now say we had £83m in the bank? Where? Which accounts?
          Please don’t make things up, you are denial about the state of the club.

        • Toon Arnie

          Fraud.

      • Leazes.

        He did due diligence….. didn’t you ever wonder why he was straight down the Bigg Market and didn’t wait until we had beaten Barcelona?…. it wasn’t going to last once the asset strip started.

        • Tweed Mag

          Freddie went on camera a couple of years after he sold up and estimated that Ashley had ‘missed’ debts of around £40m. He put it down to a lack of due diligence. The fact that Hall pushed the whole thing through asap would not have helped.

      • Pezza

        If Mike hadn’t put the money in back in 2007, where would that have left us?

        • Tweed Mag

          Without him? perhaps the incompetent oaf would have sold up and never darkened our doors again.

          • Pezza

            Without him paying off the debts

    • New Durham Mags

      for a smart guy you completely miss the point here !!
      take a good look at the pics and tell us how you feel seeing players from YOUR club climbing into a bin in this day and age !!
      IT MIGHT AS WELL BE RAFA LOOKING FOR HIS NEXT SIGNING.

      • New Durham Mags

        AAANNNND BACK UNDER HIS ROCK HE CRAWLS !!!!
        @themoscow72:disqus why do you constantly come on here counter argue every article that shows MA for the uninterested owner that he is then run off when called on it ?
        Aswer the question, how does this make you feel looking at your clubs multi million pound investments climbing into a bin ?
        if the answer is half as tragic as it should be. Remember who is doing this to OUR club. the same man who you support. Your no NUFC fan our a disgrace.

        • Themoscow72

          It’s a fact that he paid the stands off and this was not in the article. These and other actions have saved us over £80m in interest payments alone. All the arguments on here are anti club and miss the truth out. You say I am no Newcastle fan because I state the truth. Wonder how many on here have got more than 529 loyalty points for away games.

          • Kenny

            He hasn`t saved US a penny, he`s saved himself the cost.

          • Wezza

            Ah but apparently FCB hasn’t made a penny from the club!

          • New Durham Mags

            well done you managed to swerve another question.
            also well done on the points maybe they can put that on your headstone. just out of interest is that NUFC loyalty points or sports direct loyalty points.
            Your a joke of a man i have no idea how you can defend a man who has no interest in this club. we are no better off for the 60- 80 mil “LOAN” he give himself. we have regressed under his stewardship. Why ? because every decision he has ever made was to suit him and not the club. its 2019 and we are still paying 2002 prices and wages for players due to his greed. he has taken the newcastle brand and cheapened it so much that we could never get back to where we were before he arrived with all his lies.
            Well Done mike and Moscow (you’re to blame also) you’ve turned a Rolex into a casio with your neglect. Shame on you both and i hope your very happy with what you have acheived.

          • Leazes.

            He defends him because he’s an arch capitalist, his hero! He used to go under other names to try and get into Labour message boards and wind them up. That’s all he’s doing. I think he writes articles to the Whitley Bay Guardian sometimes using the names of real people as aliases.

            Type : simon carr monkseaton into your browser then read an article from the freelibrary he submitted in a competition….

            His world is very much self centered, close to his nose and pyramid shaped.

          • New Durham Mags

            Hi Leezes, Thanks for the info ill have a look now, the man was just irritating at first but now hes moved onto a whole new level. its nothing more than arrogance that he sits on here acting like he knows more than the rest of us. spoiting random lies just to get a rise out of people who really do care about the club. I dare bet he doesnt lose a wink of sleep of when thinks back to how we were once a great club with a plan and ambitions to be better. We are now just a shell of a club and a direct comparrison to MA other cheap retail bussinesses. Shame on him we could of and should of been so much better then this.

          • Leazes.

            He travels with the club…. went to Lisbon with the chartered plane, one of those fans who whispered in Shepherds ear to get Robson sacked! Yes he rubs shoulders and makes himself the centre of most article, name drops and wants to feel important not impotent.

          • Themoscow72

            He writes a load of rubbish does Leazes. Had an article published in the Chronicle that is because I was asked to do so. Went to Lisbon by myself and was one the few to stick with Bobby. Leazes along with Jezza need sectioned.
            Also do not do any politics or other forums than this one.

          • New Durham Mags

            Was also there. Flew from newcastle was back in 24 hours and ended up in the paper as my farther in law wore his handmade black and white suit he has had since the 70s (wore it at the FA Cup final) he never bought a drink all day. your no better then any of us as a fan stop pretending to be ITK and defending someone who doesnt care a jot about you or OUR club.

          • Themoscow72

            When people say I am not a Newcastle fan I replied with my points tally. Nothing wrong with that just defending my self from the constant liew on here.

          • drc74

            was the article for the chronicle a review of the lifts at lisbon airport

          • Toon Arnie

            No you just cherry pick stuff and support Ashley ahead of the team at all times. Fraud.

          • Wezza

            Why is it you and all the other troll aliases have the same beef with Leazes and Jezza?

          • Themoscow72

            They make things up like going on Labour Party forums and living in Manchester. Neither is true.

          • Wezza

            But your family leaving wasn’t made up and you lied about that? I sympathise for you about that, but you did lie.

          • Wezza

            Here are a few of his quotes:

            Monk Quotes:
            “Ashley we trust”
            “Long live Mike”
            “Rafa gets every penny” (after THAT summer window”
            “I’d gladly buy Mike a pint”
            “Mike saved us”
            “Mike was very generous with the loan”
            “If Ashley goes we go”

            I’ve tried reasoning with him and trying to get some honesty out of him but he is either beyond Hope or just plain trolling.

          • Billmag

            Anyone supporting fatty is supporting the demise of this once great club.

          • Leazes.

            To think I blocked him a year ago and am missing out on that….. Is he really that funny…..maybe I should unblock him.

          • Wezza

            He actually believes himself too, crazy doesn’t quite do him justice.

          • Billmag

            Well summarised.😀

          • New Durham Mags

            Just read the article !!
            Nothing liek a bit of self indulgence haha.
            “and then there was 1” LOL and still is, 1 deluded man defending MA

          • Leazes.

            try searching youtube : tractor song blackpool simons bus

          • Gallowgate Dave

            Are you a detective Leazes? Haha. How did you work out who he is? You’re right by the way, he confirmed it. He did say he is married with 2 kids though. How could you know about Labour message boards and the Whitley Bay Guardian?!

            That Tractor Song by the way is woeful!

          • Themoscow72

            Leazes makes things up never been on any message boards except this one and do not do politics. Most people like the tractor song you have no taste but protesters never do.

          • Gallowgate Dave

            He makes a lot of predictions, I’m sure many of them are well wide of the mark, but still impressive that he pegged exactly who you are, no idea how he knew.

            The Tractor Song is like a song you hear when you’re 6 and tell your mates on the playground. You know I think you are crackers Monk but you’ve never hid, I respect you for that at least.

          • Themoscow72

            Record without Ashley 25% in the lower leagues. Record with Ashley 16% in the lower leagues. Which is better you decide.

          • Wezza

            Give yourself a shake man. You still didn’t really answer as to why you defend the indefensible?

          • New Durham Mags

            You stats hold no water here !!
            maybe in another 110 year you can use that stat you clown.
            i honestly thought you had half a brain Obvs NOT.

          • Toon Arnie

            Fraud. You support the Regime THEN the team.
            Rationale : 100 ( in your words ) or so protestors arrive late can West Ham to annoy Ashley and you go mad about it. Same game – 10,000+ abandon the team and leave early and you say that’s understandable.
            No way are you the Super Fan you claim to be.
            It would be good to get an answer rather than hiding away all the time.

          • Themoscow72

            Come and meet me before the Cardiff game ten in the three bulls and will get you a pint.

    • Kenny

      Saving him on interest, not US.

    • archiedog79

      Sigh

    • JohnnyH

      Monk
      We’re you ever deprived of oxygen periodically as a child?

      • Leazes.

        His family deserted him if you read his obituary in the chronicle.

        • Wezza

          He denied that the other day.

          • Leazes.

            I know he did…. Did you see the paragraph which said the 20 became 10 the 10 became 2…..then he was all alone.

            He’s found a new family in away travel, but has to buy them tickets but for some reason they insist on being in the opposite end of the ground. (I think he means he collects the tickets and takes the money acting as a concierge)

          • Wezza

            Where is it about his family deserting him?

    • Wezza

      Answer New Durham Mags question please.
      Wheelie bin ice bath.

      This table is yet more evidence showing your mate for what he is and is doing this to YOUR club that you support 100%

    • Toon Arnie

      I see it’s still a case of Support the Regime THEN the team with you Moscow ? Super fan ha ha more like Super Fraud. You’ve lost all credibility now.

      • Leazes.

        Attention seeker…. turns articles about anything meaningful into self indulgent deflection…. that’s why you need to block him.

  • New Durham Mags

    The 2 photos are actually tragic.
    multi million pound players climbing into a wheelie bin as an ice bath just sums us up completely !!

  • JohnnyH

    I’ve been banging on about this for ages now, the PL central payment (TV money) IS INTENDED TO SUPPORT CLUB INFRASTRUCTURE INVESTEMENT.
    Go on their website and read the noble intentions of improving stadia, training facilities, youth development etc……

    The fact that the head pig Ashley is getting away with misappropriation of funds can only mean that the PL are turning a blind eye to Ashley. Are they scared of him or is it just indifference, so long as they are all still riding the gravy train?

    Pigs all with their snouts in the same trough.
    They disgust me .

    • Paul Patterson

      Once the money is divvied up to clubs, the FA don’t care..

      • JohnnyH

        They should be accountable, I can’t believe this is going on £2,4 Billion this season, and no requirement to audit?

    • Leazes.

      That’s what Chi Onwurah told the Culture and Sport Committee….. they replied that Ashley hadn’t broken any rules.

      I don’t think Sky will be pleased….or the FA…..or Premier League….or fans.

      They have spent 10 million on pitch heating and maintenance, wages, basic ground maintenance and a new SD sign in the Lobby.

      Everything Ashley and Charnley do is just within the minimum requirement to operate.

      • JohnnyH

        Aye, that’s the most infuriating aspect, the bare minimum in full view, and nobody bothers the fat bastardo.

    • Phildene

      The PL don’t want to know as have been emailed quite a few times about here. They’re a disgusting bunch of b0ll0x!

  • Lostprofit DBC

    What’s equally worrying as MA not investing in our infrastructure (as I mentioned in my article yesterday) is no one with real wealth, wants to take it off his hands at his price. Really rich people should be seeing the potential of this once great club.

    • Leazes.

      What name do you write under?

      • Lostprofit DBC

        My actual name, see the article….. Reluctant seller etc

        • Leazes.

          Well Steve as I’ve said so many times, this club has changed not only on the field but off it as well…. there is no take over because there’s nothing to interest anyone with a mind to exploiting the club further! No more resources to plunder.

          The club has been utterly stripped down to basic workmen players and cheap tickets to fill the gaps left by the fans like me who walked….

          …. for a potential buyer it must be like looking at a Lamborghini then lifting the hood to find the engine missing.

          • Lostprofit DBC

            Yeah so very true, that’s why I walked in 2008, could see his intentions. The only question is what do we do about it? Like chess we have to avoid making rash moves. Some want boycotts etc but he may see this as a positive if he’s trying to rip the heart out of the fanbase. Maybe he’s already done that, mission accomplished?

          • Leazes.

            He knows what he’s done and so does Charnley…. that’s why they hide

            The Chronicle keep kicking the corpse and saying look its still alive…..

            if he ever wants out the sign will be establishing the club as a premium product not a stripped out shell that a new investor would have to subsidise drastically.

            He’s going nowhere with the FAKEOVER.

  • robbersdog

    We’ve spent less than Preston and Brentford? It’s embarrassing.

    • Vodkamagpie

      Why is it embarrassing?. We finished 10th last year, and we fighting mid table/ relagation with 13/12 teams this year.

      • robbersdog

        Well, it’s nice to see that your glass is half-full; with vodka.

  • JohnnyH

    I wonder if they do click and collect or just send Charley for the Argos paddling pool.
    FFS

    • Leazes.

      I wonder what is grey bin collection day in Benton.

  • Mung Bean

    According to a graph I saw, on the Swiss Ramble.. zero expenditure on infrastructure (SJP & training facilities) in the last three years.

    Easy choice for a top youngster, when choosing to stay in Newcastle (at Sports Direct United) or continue their football education at say Everton.

    • JohnnyH

      Unless a good paddling pool has some degree of influence

  • Kneebotherm8

    Who are the bin dippers?…

    • Billmag

      Scouses, they look in the bin for something to eat, they find its a rat and they think it’s a treat, aye those were the days my friend.

      • Geordiegiants

        They were, it was “dead rat”

  • Toontone100

    worth noting Cashley is right now asking why we have spent so much on nothing …. and seeing that as one of his next cut backs ….

  • Wezza

    If anyone needed more of a clue to where the money has gone THIS is it!!
    I don’t buy the fact we can’t compete, we don’t generate enough. That is clever BS by Grant Thornton, who are under investigation for SD accounts. If they fiddled theirs, ours looks suspect, it’s a certainty ours are the same.

    • Leazes.

      When he took over I said to myself United will sell more shirts as the owner has 200 outlets and access to chep production would mean the clubs profit margin would also increase for merchandise….

      That didn’t happen.

  • Steve Smith

    I’ve baths in a wheely bin is what they were doing at Sunday league level 15/20 years ago!

    Though, the Sunday league teams had access to the 1100L bins…

  • Pezza

    An article written by someone who doesn’t understand what he’s read.

    • Geordiegiants

      An article telling it how it is.

  • zack

    mike ashley is cheap? get right outta town