Following the club’s (well, Mike Ashley’s) skin crawling response to criticism from Labour Party leader Jeremy Corbyn, The Magpie Group have released a fantastic short video in response to Ashley’s claims he’s a responsible owner who doesn’t take money out of the club.
See their simple but effective masterpiece below, which exposes Mike Ashley for the bad owner he really is:
- Ashley bought NUFC in 2007. By 2018, NUFC’s commercial revenue only increased by £1m. In the same period, West Ham’s had almost doubled to £31m.
- Sports Direct advertising all over the stadium, gaining global exposure as a result, despite only paying a total of £2m in 12 years. Who benefits most from that cut-price advertising on a global scale?
- Two relegations since 2007 due to the chronic underinvestment in the playing squad.
- Numerous dubious transfers emanating from the same agents.
- Sub-standard and inadequate training facilities.
- HMRC investigation.
- Alienating the fanbase and local community.
- Increasing ticket prices by 25% in two years.
- Lying to fans again and again and again..
- Asset stripping
- Selling land outside the ground to his son-in-law. That money still hasn’t appeared in the club’s accounts..
- Ashley denies taking money from the club, despite last year receiving £33m according to club accounts.
As they say, they really could go on. The list is endless when it comes to Mike Ashley’s bad ownership of NUFC.
The commercial revenue only increasing by £1m in 11 years tells it’s own story. The likes of West Ham are streets ahead of us now. There is simply no reason why we shouldn’t be competing with them (other than of course Mike Ashley).
We also had roughly the same commercial revenue as Spurs when he bought us – and look at the difference between our two clubs over a decade later. One was fighting for the Champions League just a few months ago..all while we were fighting to survive.
What’s so galling, is the simple fact that Ashley believes, or thinks that we should believe what is in his statement. Does he genuinely think he’s a good owner? I honestly think he does. The man is a sociopath.
I particularly like how he invites Corbyn to a foundation event. Corbyn should take him up on his offer, and bring some auditors..