Newsletter

Get your daily update and weekly newsletter by signing up today!

Opinion

A Win Win situation at Newcastle United

2 weeks ago
Share

Well, a transfer window in which Newcastle United have added two players (one of those a loan that went into the Academy set-up) and successfully trimmed our massive squad, saving on wages of potential loan signings at the same time, so the carefully prepared books for the 2021/22 season will be eventually set for a good figure whenever they are published.

Seemingly 30,000 or so Newcastle United season ticket holders are more than happy with their lot year on year and have renewed yet again.

Shamefully, I’m one of about 10,000 who have had second thoughts, so I can’t be counted as a true supporter any longer, since walking three years ago having supported on the terraces since 1966.

Many supporters have purchased our new top, if being in town on Saturday was anything to go by, even though the days of a herd of zebras are well behind us now. Nine bar (once Shearer’s) and the bars inside the ground continue with the revenue stream on matchdays too.

In addition, millions have been saved on training facilities and upgrades to the stadium.

When we are relegated, we will cash in to the minimum tune of £40million for ASM, £20million for Willock, £20million for Wilson and around £15million for Almiron.

Plus grab another huge parachute payment.

Based on the most recent figures, in the first season the 55% roughly equates to £40m. The percentage is reduced to 45% in the second year (roughly £35m) and 20% in the third year (roughly £15m).

So coming into Mike’s coffers (lets not foolishly think of it as the club’s) would be around £135million pounds before and during next season if relegated, from these two revenue streams (sale of players and parachute money) alone and true to form he will pay for replacements possibly and very generously, as much as perhaps £50million pounds. The wage bill will inevitably shrink considerably as a result and our debt to Mike will go up as he loans us the aforementioned £50million or so, allegedly from his own pocket as usual. The debt to him from the club to rise again.

Now, who for one moment thinks he is at all concerned about this situation ie The peril of relegation? He is set to add to his private fortune yet again and will no doubt utter his “every penny” favourite comment as he sets to appease any season ticket holders who may not be keen to renew, with promise of an immediate return and of course promise it won’t happen again.

So while some of you out there may be feeling despair, spare a thought for the Ashley household who will be absolutely quids in regardless, partying on private yachts and jetting about in private planes.

Finally, who better a manager to see us through the following season than he who has vast Championship experience and comes at a very cut price rate….oh and he has even persuaded a section of our fans to give him a wave, such is his standing amongst them as our very own Geordie.

To the 30,000 or so, good luck in your continued venture, but please try to stop complaining, analysing and grumbling when in the same pubs as me after the match.

Don’t grumble when the free half Newcastle United season tickets are dished out again but above all smile and enjoy your beers please, as everything you have bought into, you are now completely responsible for.

This set up would have left Anfield eons ago because they have a support that actually cares with a passion that has willpower and legs.

Share

If you would like to feature on The Mag, submit your article to [email protected]

Have your say

© 2021 The Mag. All Rights Reserved. Design & Build by Mediaworks