Newcastle United ‘are in the process of agreeing an arms length rate for these (advertising and promotional) services’ with Sports Direct International.
Nothing wrong with trying to get the wage bill down BUT if we look at performance on the pitch then we can see what a dangerous game Mike Ashley played.
Anybody who wondered where Mike Ashley ‘found’ the £50m spent last summer, you simply have to look at the ‘cash at year-end’ figure below, which shows £48.3m at 30 June 2015.