Archive for tag: Bank owns St James’ Park.

Newcastle no longer own St James’ Park.

June 2nd, 2010 | 230 Comments |

Bank owned @ St James' Park?
Bank owned @ St James' Park?
Things never run smoothly at Newcastle do they? Come on, you can admit it, it’s ok. And some interesting revelations today have ensured that the tradition unfortunately continues.

The Guardian have managed to track down some of the inner workings of what is going on behind the iron curtain, with the focus yet again being on the financial side of the club.

In quite stunning fashion, The Guardian have revealed that Newcastle no longer own St James’ Park, or the training ground, or the youth academy. They have also revealed that all the money owed to us from the sale of players such as James Milner and Obafemi Martins has already been borrowed against and is due to be repaid as and when we recieve it. (more…)