Mike Ashley’s big, fat, St James’ Park lie?
February 18th, 2012 | 91 Comments |

Adolf Hitler – Mein Kampf. (more…)

Adolf Hitler – Mein Kampf. (more…)

As some of you may know Newcastle City Council have written to “the media” in that London, asking it to desist from using the name “S_____ D_____ A____” for the home of Newcastle United, and return to referring to it by its correct name, St James’ Park.
This comes after Labour and Liberal Democrat councillors came together to pass a motion opposing Mike Ashley’s decision to rename the stadium after his tacky and disreputable sportswear company, and their subsequent refusal to rename street signs in the area. The council’s letter read:
“Dear Editor, (more…)

“So we’re a lucky brand, and may the luck continue throughout the rest of the season.”
The words of Sir Richard Branson, (3-love?? – clearly a tennis fan!) the 4th richest person in the UK and 254th richest in the world. Not bad for a bloke who started with a mail order record business in 1970 and who went on to own Virgin Records, Virgin Megastores and now sees over 400 companies in the Virgin Group, including Virgin Atlantic who have that nice ad on the telly with the bonny air stewardesses and Muse playing the old Nina Simone track “Feeling Good” in the background. Impressive music knowledge there eh? His wealth is estimated at $4.2 billion (£2.75 billion) which makes Mike Ashley look like a Sports Shop Owner. He also has class and charisma so we’d better stop the Ashley comparisons now before it gets too silly.
The bloke has either worked his socks off to make a fortune, or he’s been lucky. Probably a bit of both actually. Now at the age of 62 his Virgin Brand has moved into high street banking by acquiring our very own Northern Rock, transforming it into Virgin Money. By a stroke of luck, this move has linked the Virgin empire with Newcastle United, previously sponsored by Northern Rock. Virgin have agreed a 2 year shirt sponsor deal, hopefully that’s just for starters… (more…)

As you could no doubt tell by the shirts the team wore last night, Newcastle United have brokered a deal with Virgin Money until the end of the 2013/2014 season. Last night Derek Llambias said:
“We’re delighted to secure this new deal with Virgin Money and we look forward to enjoying a mutually beneficial partnership over the coming seasons. It is an excellent deal for both parties and we’re very happy to have them on board.“
He didn’t add anything about how ‘f****** horrible’ he can be this time.
Virgin, for their part, said:
“Now that Virgin Money and Northern Rock are united as one business, it gives us great pleasure to continue the shirt sponsorship of Newcastle United Football Club.
“The Northern Rock sponsorship started in 2003 and it is an important link to the North East which we are pleased to continue.

In it I was going to outline how the value of Newcastle United’s brand has been damaged so much by this that it will lose far more in the long term that the minimal amount gained through selling the stadium’s naming rights. Going on similar deals on considerably less problematic new build stadiums, this amount will be nowhere near the £8-10 million foolishly quoted in public by Derek Llambias in an interview with BBC Radio Newcastle. Going on similar examples such as Arsenal’s Emirates Studium and Borussia Dortmund’s Signal Iduna Park, it will be more like a third to a half of that sum unless a shirt deal is also included and even then, the price is still somewhat ambitious.
As most of you will know, current shirt sponsors, Northern Rock, recently pulled out of their recent rather meagre £2 million per annum shirt sponsorship deal, and it has even been suggested that the furore over the Ashley’s second attempt at a stadium rebrand will jeopardise this sponsorship, as potential sponsors distance themselves from this now toxic brand. As I mentioned in my previous piece on the subject the offer has been almost universally derided by the people in the sponsorship industry who advise corporations on the efficacy of such deals, with one exception, from someone called Jonathon Gabay, who was reported as being an “unofficial consultant” to the club on the renaming issue. (more…)