ashley's ace

[Rza]

Just thinking about those debts and if true, he can walk away and leave us in the shit if/when he wants. He really is a devious prat

 

[Toon_NoMatterWot]

He cant leave us in the shit.

He only owes himself plus the amount of cash earned for being in the top league would easily wipe out any running costs, so we're safe whichever way this swings.

 

[Platinii]

How does he 'walk away'?

 

[Rza]

The club owe him how much? Can not take what he's owed and leave the club in debt?

 

[Toon_NoMatterWot]

Rza - 7/6/2013 23:12

The club owe him how much? Can not take what he's owed and leave the club in debt?

As far as im aware, he has outstanding loans to himself for the tax year ended April 2012 of £111 million. That's it.

If anyone wants to buy us, they'll pay what the club is worth. Nothing more nothing less.

 

[Rza]

worst case scenario i mean. sells assets, get relegated, fans turn etc

 

[Toon_NoMatterWot]

Rza - 7/6/2013 23:22

worst case scenario i mean. sells assets, get relegated, fans turn etc

Personally speaking, I can't see a worst case scenario because we'll always have a massive fan base.

The fan base will be what lifts us back up if the worst ever happened. The trump card would have to be him leaving though.

 

[mountie]

Wish he would walk away, preferably off a gangplank.

 

[taffontyne]

Pompey were fucked but it did not stop people doing nicely out of the mess.

 

[Tomfoolery]

Pompey left behind a trail of creditors, the only person owed money by Mike Ashley is, Mike Ashley..

 

[taffontyne]

I think he will easily get his money back on Newcastle United, and then some.