Priced out of Newcastle United by the Halls - An explanation nufc
Priced out of Newcastle United by the Halls – An explanationI often make the comment, “I was priced out by the Halls” at Newcastle United and when I do, I am invariably challenged by an old acquaintance, who also happens to be a regular contributor to The Mag, Tony Mallabar.
Interestingly, the Football Supporters Association had had some great foresight into what was likely to unfold. In the wake of Hillsborough, the FSA argued against all seater stadiums, principally because it believed clubs would use them as a platform to raise prices.
The Halls of course, took over the club in 1992 and shortly afterwards, there was monumental change, not just on the pitch but off it as well.That change included the wholesale redevelopment of St James Park, something that was long overdue and necessary.
As an aside, the takeover by the Halls cost an estimated £3 million, after a bitter battle with the former owner Gordon McKeag.Of course, the Halls bought their stakes in Newcastle just before football’s commercial boom, when clubs were not seen as vehicles to make money, and the Football Association intended membership of a board to be a form of public service.
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