Archive for tag: Derak Llambias.

Llambias: No more financial meltdown for big names.

March 8th, 2010 | 119 Comments |

Llambias: Stiff defence.
Llambias: Stiff defence.
Newcastle United’s Managing Director, Derek Llambias has once again mounted a stiff defence of the club’s owner, Mike Ashley. He reiterated that the club has now moved well away from the ‘trophy’ signings of the Shepherd era, and more towards the development of younger talent. Llambias also raised the spectre of Portsmouth’s current financial situation as a warning once again, heavily hinting that Newcastle may have gone the similar way if the decadance of the Shepherd years were allowed to continue.

Of course, this isn’t the first time Llambias made comments on a this theme recently, and he he seems to be on some kind of ‘counter offensive’ on behalf of Mike Ashley, himself, and their current stewardship of Newcastle United. He elaborates further in this interview though, and he began by contrasting the old model with the new, saying:

“We have to take a realistic view. Hopefully we will be there (in the Premier League) and we will have to have a squad that will keep us there. But that needs to grow.”

Hinting at the decadence of the Shepherd years and many previous, poorly negotiated contracts for players, he went on: (more…)