Mike Ashley v the other Premier League clubs – Infrastructure spend since 2010
Some interesting figures have been published regarding capital expenditure spending by Premier League clubs.
This particular table comparing the various Premier League clubs, comes as part of a study on Manchester United and their current position regarding finances.
The table has been compiled by the excellent Swiss Ramble who specialises in the business of football.
He (Swiss Ramble) has looked at the capital expenditure allowed by the owners of Premier League clubs since 2010.
This is money spent on such things as training ground and Academy facilities, as well as stadium building / rebuilding /expansion / improvements.
As you can see, Mike Ashley at the very bottom of the table when it comes to building for the future, only a total of £7m spent on the most essential repairs and maintenance, every other club / owners showing more ambition in their club investing in the future.
The Swiss Ramble makes these comments on the table / stats above:
“Manchester United have only spent £118m on infrastructure in the last 11 years.
“Obviously, this is dwarfed by Tottenham’s £1.4 bln (new stadium and training ground), but it is also lower than Manchester City’s £378m, Liverpool’s £238m, Brighton’s £181m and Arsenal’s £132m, where owners have invested in the future.”
These figures on infrastructure / capital expenditure are just as demoralising for Newcastle fans as the table we featured yesterday from Swiss Ramble, which showed the net financing provided by owners of Premier League clubs since 2010 (see HERE).
It is far too easy to think that it is just the current team (and manager / head coach) on the pitch at any one time where Mike Ashley is failing to show any ambition.
These stats though on failing to invest in the infrastructure are at least as damning, if not more so, on Ashley’s ownership.
In 2013 Mike Ashley promised that a new essential state of the art training ground was to be built as soon as possible, yet eight years later not one brick has been put into place.
Newcastle United are an absolute laughing stock under this owner who has now been here 14 (FOURTEEN!) years (too long).
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