A report from Newcastle United Supporters Trust indicated that a panel including secretary Lee Charnley and finance director John Irving took questions from the club’s fan forum.
In what was described as a positive step forward by NUST a statement reflected on the meeting by reporting that Ashley has: “No intention, desire or ambition to sell the club.”
The club’s blueprint remains to sign players under 26 years of age but there is still flexibility to bring in more experienced players.
The board also confirmed that there was money put aside to spend this summer but those funds weren’t used because they were touted prices above what United felt was the valuation of the players on their shortlist.
The report indicated that director of football Joe Kinnear tried hard to bring in players but the he wasn’t always “at fault” after agent fees and “other issues” hindered the deals.
* NUST’s report also says that United confirmed that cup competitions aren’t the priority for Newcastle and that they will be used to look at squad players.
* (Is this from Mike Ashley, Joe Kinnear or Alan Pardew? Asking the question - who the hell picks the team?)
A statement from NUST also read: “The Club accounts show that Mike Ashley took an £11million short term loan back last year but the £18million short term loan he was due to take back this year is being rolled over to future years.
The long term loan of £111million will stay in the accounts but there is no definition of long term. This means that our only significant debts are the interest free debts to Mike Ashley.
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NEWCASTLE UNITED 2013/14
NEWCASTLE 2 HULL CITY 3 (Remy 2)Krul, Debuchy (86' Tiote), Yanga-Mbiwa, Coloccini, Santon, Cabaye (62' Gouffran), Anita, Sissoko, Ben Arfa, Cisse (73' Marveaux), Remy Subs: Williamson, Elliot, Sammy Ameobi, Dummett
ASTON VILLA 1 NEWCASTLE 2 (Ben Arfra, Gouffran)Krul, Debuchy, Coloccini, Yanga-Mbiwa, Santon, Anita (74' Tiote), Cabaye (88' Sammy Ameobi), Ben Arfa, Sissoko, Remy (63' Gouffran), Cisse Subs: Elliot, Marveaux, S Taylor, Dummett
NEWCASTLE 1 FULHAM 0 (Ben Arfa)Krul, Debuchy, Yanga-Mbiwa, Coloccini, Santon, Ben Arfa, Sissoko, Anita 65' (Cabaye), Marveaux 74' (Remy), Shola Ameobi 65' (Gouffran), Cisse Subs: Gosling, Elliot, Sammy Ameobi, Dummett
NEWCASTLE 0 WEST HAM 0Krul, Debuchy, Yanga-Mbiwa, Coloccini, Santon, Ben Arfa, Sissoko, Anita, Marveaux 66' (Sammy Ameobi), Shola Ameobi, Cisse 72'Subs: Gosling, Bigirimana, Elliot, Vuckic, Dummett
MAN CITY 4 NEWCASTLE 0Krul, Debuchy, Coloccini, S Taylor, Yanga-Mbiwa, Sissoko, Tiote, Gouffran 45+4' (Dummett), Ben Arfa 65' (Sammy Ameobi), Gutierrez 44' (Anita), Cisse Subs: Elliot, Marveaux, Shola Ameobi, Obertan
NEWCASTLE 2 LEEDS UTD 0Krul, Debuchy, Williamson, Coloccini, Dummett, Gouffran (90' Vuckic), Anita (80' Gosling), Tiote, Marveaux, Sammy Ameobi, Cisse (71' Obertan).Subs: Ben Arfa, Yanga-Mbiwa, Bigirimana, Alnwick
MORECAMBE 0 NEWCASTLE 2 (Shola Ameobi, Sammy Ameobi)Elliot, Debuchy, Yanga-Mbiwa, Good, Dummett, Bigirimana, Gosling, Marveaux 88' (Sissoko), Vuckic 46' (Shola Ameobi), Sammy Ameobi, Gouffran 71' (Ben Arfa)Subs: Santon, Anita, Alnwick, Streete
Source: Newcastle United Mad