Mike Ashley Quotes

Well he has only added £33m to the debt. All due to financing the 2 relegations. It has to be said though that his policies have massively contributed to those relegations, especially the last one. But, yes, there was huge debt already there and we'd have been worse off each season in paying it off year after year. It's swings and roundabouts in that regard.

 

My opinion is overall he's not a bad owner. At least not as bad as a lot of fans like to try and make out (some of the ****e you read on the user comments on articles about the accounts on the Chronicle web site are staggering). He's made horrendous errors in his tenure here and he couldn't have manufactured worse PR if he had tried. The financial rules he has set have us actually in decent shape but we are kind of plodding along and not being all that we could be as a club but to be honest that probably equates to 2 or 3 places in the league table. Some fans think he should shovel his own vast fortune into the club which I think is extremely arrogant of them. The club is a business that he owns and why should he put his own money into what is basically a bottom pit - there is never enough investment for a football club or manager. It's a sense of entitlement that fans have that I just don't subscribe to; like dole wallahs who just think they are entitled to free money, it's a wrongful feeling of entitlement.

Anyway, his heart isn't in it and he doesn't have a passion for success on the pitch; just survival as a Premier League club until he can offload us for a fee which will cover his outlay and give him a tidy profit. It's not healthy for any club to be run like that. A new owner could genuinely go either way. If Ashley does stick to a policy of giving 'every penny' and basically running the club as a non-profit entity then we will be okay long term but someone else could be be more ambitious. Or, they could come in and be financially irresponsible like the last regime.

 

So when Rafa didn't have a 'system'© but kept us out of the relegation spots, you were all moans.

Now we talk about one of Mike's failings and you can't pull the BFF ring from your bottom quick enough!

 

This is it. He's perfectly within his rights to do what he does, and I don't really expect any less. I'll conceded things have improved since the Sports Direct Arena days like.

However, you can't throw no money in whilst actively ignoring other revenue streams and not be criticised. Many other owners in this league get criticised for less and have a non-existant history compared to Mike's. I don't expect **** loads, but I think this season showed how far 2-4m would have gone for us on a loan or free's wages. 3 points off Leicester, and in hindsight getting someone instead of Kenedy/Dubravka earlier might have been the difference between that and then some. I acknowledge that's little to him (though the potential finance is greater than the spend) but will dislike him for it nonetheless.

I'm no Chronicle commenter mind. I'm perfectly aware there are things far, far, far more Sunderland out there. It could be worse.

 

It's all relative. The thing about NUFC is a lot of it is about pride, relationships with the area. He's failed so badly it's not even quantifiable. He got us relegated twice. Pouchy talks about our road to financial ruin under Shepherd - can I remind the defendant that TV money escalated so hugely from 2007 that we would have covered the costs quite effectively. Without catastrophic relegations (plural), something the ironmonger didn't contribute to, we would have made considerably more and never had to publish a balance sheet with a pretend £90m loss on it.

All he's done is used cash to pay off debts owed elsewhere. Then decided we'd only ever spend what was in the bank. That's it. He's never allowed for commercial revenue to be addressed, has never employed with any kind of competence and is waiting for an offer. We're one more relegation from catastrophe.

 

The problem I have with Mike Ashley is not that he hasn't pumped more of his own money into the club. My problem is he hasn't strived to make the club as successful as possible. If he had he'd have employed people who where experts in their field and the likes of Joe Kinnear (twice ) and Dennis Wise wouldn't have got the roles they did within the club.

The interest free loan and the free advertising that comes with it were done because it suits him not the club.

 

All of this 'interest free loan' nonsense is just corporate bollocks ................... he owns the club, lock stock .................. he has 'loaned' the money to himself.

The truth of the matter is that he didn't do due diligence and ended up with a **** load of debt that he didn't expect to have. So he's paid it off but what he is saying is that when he sells up he wants that money back. So he has taken the club, HIS club, OUT of debt............. but he will put it back INTO debt when it suits him and some people go on as though he is doing us all a massive favour because the club is saving a few million a year on interest payments. Meanwhile we have a stadium adorned with SD tat logos and an advertising income stream of virtually nil. The lost advertising income over the last decade could and possible would have cleared most, if not all of the debt by now anyway...............no doubt Pouchy will now go off and produce a long winded financial breakdown to prove otherwise!!

The only saving grace of having him as an owner is that when we go down, he seems astute enough to protect his investment by throwing money at it to try and do that and he has 'cash on the hip' to do it .................... he never seems astute enough to do something before we are relegated mind, but that's another debate!!

Also is the club 'well run' or 'run on a shoe string'?................... i would strongly suggest the latter. He is a poor owner. He is not interested in the club at an emotional level and just sees us as a big billboard. He employs the likes of Penfold, Pardew, JFK, Wise etc, etc because they are cheap and because they will do whatever he wants, not because they can improve the business or build the brand. He owns one of the genuine 'sleeping giants' of world football, not PL football, but WORLD football................... and he does **** all with it. Yet he will gamble £100 million on Tesco shares, no bother!! If he actually invested some time, energy and emotion into the club and employ some credible businessmen and women he could actually make it a very lucrative commercial entity, but he is far too short sighted for that and just sees some free adverts on MOTD.

Is he finally learning his lesson with Rafa ...................... if Justin Barnes is still there at the start of next season i would suggest not. Yes there are potentially worse owners, but there are also potentially a LOT better too. His greed and 'gamblers instinct' always seems to get the better of him and i fear that will be his and thus 'our' downfall again at some point. He is clearly going absolutely nowhere any time soon. He has no intention of selling.

My stance has not and will not change.............. get ****ed off Ashley and take that dumpy little fat **** Penfold with you ..................... i am sure the new SD store in Darlo needs sweeper up-per!!

 

Well put.
It's probably safe to say that you're not one of Mike's apologists on here.

 

Certainly not.

Hi faults far, far outweigh his good points and that makes him a **** owner and custodian of our club in my opinion. His tenure has been nothing short of a disaster, lurching from one crisis to another. People seem to forget all of the nonsense that Ashley has brought to the club.................... Wise, JFK x2, Lambeeze, Pardew, Carver, Penfold, ****ing over club legends like Keegan and Shearer, changing the ****ing name of the stadium for ****s sake, drunken 'interviews' on Sky with 'Craigy', two relegation's, destroying commercial income, flogging off land that will now make further expansion of SJP impossible ........................... but some people get a hard-on because he has loaned himself some money 'interest free' and has thrown a few quid at relegation because he has **** himself that his investment is going down the tubes.

Sell up, **** off and go back to getting pissed up, belly dancing through your local and throwing up into the fireplace.

 

I can't take it serious after you appear to be suggesting Freddie Shepherd was not an an utter **** with the financial nous of a 2008 banker.

I have no doubt he would have ****ed the club and no amount of TV money would have covered it. We have the debt we have because of him and the ****ing Halls. Its still ****ing the club now.

 

Shep was a ****. No doubt. But whether we’d be in worse shape or not is your opinion, not fact.

 

I have never suggested otherwise. However it is backed up by fairly sound data given the financial performance of the club under each owner. The age of TV money has confused a lot of people. If this TV money is so great, how come so many clubs turn so little profit. Costs have risen with income.

 

Explains a lot if true and see no reason why it isn’t. Ashley and Carr are available to dispute this if not true but I for one won’t hold my breath.

Also puts Carr’s scouting ability into context. Can remember reports of Carr scouting Aubameyang and Lacazette before the “big” Clubs went after them. Yes they may have been known but they were still available to a suitably progressive and ambitious club.

https://nothingbutnewcastle.com/201...-me-ashley-would-never-spend-15m-on-a-player/

 

But, but, but.................. Ashley has 'given' the club an interest free loan ..................... we are well run and we owe the 'Great Mike' everything. We should just be grateful little jawdees and count our lucky stars..............................

 

A know beel account of ashley haters.

Next.

 

Not griot. That ****e blog

 

Let’s see if Carr or Ashley or Penfold or anyone at the Club deny it then.

 

They will say nowt like normal. No point in getting worked up about some blokes view on tinternet. The particular source, in my opinion is a reet bellend who won’t rest until he gets the clicks he craves. He’s a click tart.

 

Pretty sad that there are people still sucking off Freddy (RIP) - he was just as money grabbing as MA but spent the money like there was no tomorrow and on the never never.

Although it can only ever be opinion now (thank the ****ing good whoever you want to believe in intervened) but if it continued with FFS then we would be where Sunderland are now!

Just because MA is a bellend and in is tenure has had us relegated we are in fact fairly self-sufficient unlike 95% of all other clubs. Just to reiterate - MA is a bellend! Yes he is inept. Yes he is a fat ****er. Yes he has screwed up over and over again. However, imagine starting each season with -12 points and settling mid table at best in League 2. That is the difference between FFS and MA.

 

If MA had took over when Shepherd took over we'd never have the memories we had under Robson. Top 4, Champions League, San Siro, Nou Camp. That was when we were fun to support. Now we just exist