"I am nowhere near wealthy enough... to compete with the likes of Man City" - Mike Ashley
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- Опубликовано: 6 окт 2021
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Mike Ashley speaking in 2017 about the financial power needed to compete in the Premier League.
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Saint Maximin’s back is no longer hurting
Erling Haland and Kylian Mbappe will take some of the burden now
If only Steven had tht help in them 15 years instead of playing with average players apart from Torres and Suarez and Alonso
@@Ar-iu8lc he's free in January 🤣🤣
@@andrewwright4195 like utd now you mean ...apart from bruno ,ronaldo ,sancho
it will be for another 2-3 seasons buddy
Big mike wasn’t lying! 300m is nothing in this game now!
And to think that he had to compete with a WHOLE BLOODY NATION owning a football club, as he said.
@Divenaldo Penaldo great banter. Scunthorpe United bout come and dominate
That’s Man City’s annual budget
the Newcastle fans owe Mike ashley a lot he made sure he sold the club to proper owners who will invest money
@@ronnylee1520 One of the few things he did that really did good to the club. I think that a potential club owner has to be checked on whether he's got the financial background to own a club without risking their financial stability
the amount of money that is in football nowadays is almost unhealthy
We all know that, Even us football fans know that very well, but it's legal and there's nothing we can do about it but enjoy it cuz it's our sport and our clubs.
Also why do I see you litterally everywhere, didn't expect to see you on a football related video
@@Truebro79 soon average transfer fee will be 800M
Almost? It is unhealthy.
It’s sad because teams in leagues like the Serie A are competing with not even half of the money the Prem has, their best players end up being bought by Prem teams.
"its been a long life dream for me to play for newcastle united" - erling haaland august 2022
😂 exactly what happens every time. "ITs a DrEaM cOmE tRuE tO plAy foR ThiS amAzInG CluB"
😂😂😂
As a kid i always learn from the best Newcastle striker of all time Gavin Harris
But erling was born in there glory days
Well to be fair, he said that one day he wants to win the PL with Leeds
They don’t need a Super League, Premier league is turning into it
it already is since abramovich own chelsea lol
Wenger said it some years back
@@BrandonLawrence There were talks before Roman
@@angelajoseph428 he was just jealous other teams have much more money than Arsenal. He knew his former team would be a mid table club
Only difference is the lack of relegation.
Sky Sports Retro never lets you down 🤣 ⚫️⚪️
I like how he said that if the club could prosper from a richer benefactor he wont stand in the way. That's admirable even though his tenure as the boss mostly wasnt. Most owners just want to suck their clubs dry.
Ya, arsenal & to a lesser extent man u, Ashley at least got the club it of debt, steadied it along, bite the nee owners have a springboard to go of of
man u ppl say he did wrong to rename stadium ik it was but it made more money to flow into club easy and his net sped and profit allows new owners to work freely without any ffp shackles for next 3 years so he did a gr8 gestue for newcastle fans tbf
I agree, even though sometimes it looked uneasy to watch Newcastle, the financial situation is really clear, and the new owners can pump the money into the club, especially transfers.
Newcastle won’t be no different the woman involved in all of this says it all
He knew he was in a losing battle when it came to prem teams. For the past few years, his only goal for Newcastle was to avoid relegation so he could sell the club with a spot in the Premier league, in order to get the most value out of it. He was basically 'min maxing' it.
Imagine going back in time and telling your great grandfather that Newcastle will be the richest club in the world
Tbh in the mid 70s it wouldnt've been unbelievable.
Like a whole week ago !
There’s rich and then there’s football rich.. Newcastle are nowhere near the richest club in the “football” world and never will be.. FFP means they are actually pretty average when it comes to spending power.. All that money but can’t spend it, what a shame
They’re not. They’re owned by the richest fund, but the value of Newcastle is not as high as other Prem clubs
@@joshuadawson8202 They’re higher than most prem clubs though. Not as valuable as Man U, man C, Chelsea, Arsenal, Spurs and Liverpool (maybe West Ham/Leicester) that’s about it. Check most valuable clubs in EUROPE and Newcastle is always around the top 20 and have been for years.
Mike Ashley’s biggest downfall was that he didn’t do interviews. He would not have been so misunderstood or disliked if he had.
Couldn't have put it better myself! I thought he spoke really well here
@@btmorley833 that interview is one of my favourite videos, it left me actually really quite liking him.
Look up and you will find one!
It's a double edged sword actually
He treated Keegan and Shearer appallingly and renamed the stadium
Anyone with a basic understanding of finance knows that Mike Ashley is talking sense
About what? That he couldnt compete with Burnley financially?
Then wish ur club to be taken over by Ashley then.
He speaks a little sense but he still has more money than he lets on other smaller clubs outspend him…
@@Garybell09 usually billionaires get there by being frugal its hard to make him change his mindset when it's worked for him all these years
You really expect Geordies to understand finance?There's a reason why their region is so poor
Man Newcastle owners are worth 33 Roman Abramovich!!! 🤯
Won't matter. They won't be able to spend much more than a Chelsea, United or city anyway. City and Chelsea already push the limits of what they can do without punishment. Newcastle won't be any different. They'll compete at the top but they won't leave other clubs in the dust
@@smoothcheeky8910 watch
@@smoothcheeky8910 unless they are big friends with ceferin like psg owner nasser al-khelaifi, then it wont be a problem to get rid of the ffp rules!!
@@smoothcheeky8910 it’s simple Glenn, you pay enough for the player then you pay enough for the bribe, we said the same about chelsea city and psg look at them now
@@pedropierre9594 Chelsea and City don't outspend the likes of United and when they do it isn't by much. That's why they can somewhat get away with it. The league doesn't step in because united don't feel like they are in a position to fully throw their toys out of the pram. If Newcastle start spending to a point that united can't financially compete then they will start complaining about it. That forces the PL to intervene cause once the naturally richest club in the league starts complaining then everyone else and the fans follow suit and the PL is looking at a superleague level backlash from the footballing community. That's why Newcastle will only spend around the same amount as city, United and Chelsea cause they know they can't push it much further without major backlash
Now he's sold Newcastle he can concentrate on doing punditry on the darts full time.
loll
Big 501 🤣
nice
Hearing that he is going to be the Derby Countys savior.
What football team would want him given what he did at Newcastle and Rangers. Ashley's only love is his bank accounts.
No matter what people think about the guy he’s clearly a very clever individual, not surprised he’s a billionaire lol
Question is for him why did he buy Newcastle in the
He’s a billionaire because he exploited the workers
@@celtic69 Cliche response
@@cognito8325 but accurate. Zero hour contracts and paying below minimum wage.
@@steviejd Accurate only for Mike Ashley. Not every billionaire
Newcastle’s new owners have the power of a country
Cuz they’re a country, sorry, he is a country, again sorry, he stole the country money.
Not a poor country either, the Saudi fund available had the same gdp as Greece
City is similar, my the Saud fund is far greater. They should be watched very closely.
Dude could probably buy the really poor countries for his children
Lol tell me which country has £320bn that’s a lot of damn countries not just 1!
To think these new owners are 10 times richer than city’s owners , is mind boggling!!! 😵💫
Where do they get all this money from its crazy
@@jayo3074 Selling oil, because you drive car
@@ich4804 you don't?
@@rakeshsaraf2963 i drive a tesla rakesh
I don’t like electronic cars as they’re just not up to standard on a mass level like diesel and petrol and they’re not much better for the environment because if leaving your telly on standby is bad then imagine what powering a Mercedes e class to travel across the country is going to do. However I am starting to hope all counties go to electric now just to cripple all these clubs. I actually feel genuinely sorry for like Liverpool and United trying to compete with these oil barons that could fund a nation.
I always dream of supporting Newcastle, ever since I watch santiago munez play in Newcastle, his my role model and idol
LMAO ! Hey guys, this is what "Man City and Chelsea" fans said when they saw the money.
Here they come!!
@@jamesduffy7549 You know the op is making a joke, right? Santiago Munez is the main character from the film Goal!
@@purehyperbole5727 yeah it’s just not a funny joke or original. And taken from someone else
@@TheJoyriderzz Sounds like RUclips to me.
When a multi-billionaire feels he could no longer afford to invest on players and football clubs, the market is showing some bad signs which makes him pull out his money.
Nah Mike Ashley is just stingy. No one asked him to compete with man city, just buy a striker who isn’t joelinton
@@seyamrahman1002 The guy cost 40 mill, that's more than aguero cost man city, how much was he supposed to allocate for a striker in your opinion ?
@@jamesgibson8088 These people don't care mate, they pay their £40-90 for a ticket or pay sky £100 a month and think the club can just spend that. They have no real concept of money.
@@seyamrahman1002 he isn’t a scout he doesn’t choose who they sign £40 million for one player is a very good amount for a mid table team if the Newcastle sporting directors go sign Joelinton with that money that’s not Mike Ashley’s fault
@@lucasg5935 mike ashley is the one who approves any transfer going through, if a club like leeds can spend 60 million net the first season after being promoted surely newcastle can spend similar amounts. Even Brentford spent more last summer than Newcastle
I'm glad he said what he said. A lot people don't understand a lot of the wealthy aren't cash rich, but paper rich.
He probably knew he was in way to deep when even other football players are richer than him
@@sko1beer what footballer is richer than him
Newcastle fans should be thanking this man , he’s waited an sold to the richest possible buyer.
Any Newcastle fan would laugh in your face, terrible logic
Maybe if he sold it when he says he was going to 100 years ago they would agree but hes ripped the arse out it and brought in steve bruce 😂😂
More importantly he’s left the club in no debt so the new owners can have a mega spend, up to 1 billion before financial fair play kicks in after 3 more years. The Newcastle supporters must be elated.
I hope they do well, it’s been a long wait and the fans never stopped supporting Newcastle.
He ran a business the proper way….I like to think they would shut their mouths now but being Geordies they’ll find something to moan about while collecting their Giro’s
@@633zer8 eh? “It’s been a long wait” for what? Who else’s were they going to support?
Sky sports retro have done it again 😂😂😂👏👏👏
Mike had Sports Direct banners up at his daughter's wedding.
cool
Cool
Zzzz
top class
🤣
Big Mike is on his 19th carling already, top off with a Gucci bandana on 😂😂
This made me belly laugh, 🤣🤣.
Gotta appreciate his self awareness man😂
Hes worth 2+ billion, of course he's not an idiot.
The problem was, nobody was expecting or even asking Mike Ashley to compete with Man City. All he was being asked to do was maximise the club's potential and grow the commercial side as much as possible to allow him to do so. He simply could not be bothered, as long as Sports Direct and his other tat companies were profiting.
From Joelinton to Mbappe 🔥
Biggest downgrade of the century
From Saint Maximin to... wait there is nothing better 🔥
Looking forward to seeing a smile on my step dads face now😂😂and looking forward to this new chapter next season its been long overdue for them. Newcastle are one of the bigger clubs in that league
That is what it's all about man, people who have been neglected and deprived for almost 15 years. We have relief and beautiful times to come for every generation of fan that deserves this
My step dad was a Newcastle fan as well and so is my little brother. I’m a big big Man City fan and always will be but always have a place for Newcastle as I grew up with them always being on the telly and being taken to the pub when they were playing. Proper happy for them, hope it goes well
Technically they are the biggest team in the league just with less trophies
If you dont have the cash why held newcastle for so long?
2025 ucl final:PSG vs NewCastle
Right on time retro!
Well now It's UAE vs KSA so it's country vs country in "English " football
I remember this! Let’s see what happens now…
Always on time SS retro
Welcome to Newcastle Al-United
It's Nuqas-al-Yunaided mate, get with it.
@@rohilthomson Nuqasal Al-Ittihad
Nobody was asking him to compete with City. He did however have enough wealth to compete with Burnley. Which he didn't.
Burnley don't spend any money.
@@hearmenow909 and neither did nufc
@@russellward4624 lol nufc spent way more than Burnley, you spent like 40m on joelington alone whilst Burnley broke there budget for like 20m on cornet
@@bashuggs1205 nufc were 19th in revenue generated in Europe. They 100% weren't 19th in spending. Not even close. Burnley aren't top 20 in revenue genrated. Not even close.
I am Saudi and i thought castles were old buildings and not new.
I was a Newcastle fan since birth but didn't realize it until today
Get this admin knighted ASAP
I don’t like the guy but I actually think he’s done a good job at Newcastle in spite of limited resources. Tonnes of teams like Sheffield United have way richer foreign owners yet can’t stay in the prem, yet Newcastle have done it for some time now. I can understand fans wanting a really wealthy foreign owner to compete with the Man Cities etc but it’s actually refreshing to see a club being resourceful and still managing to maintain their prem status.
No way you believe this
Newcastle were literally relegated under his ownership...twice. Talking absolute rubbish mate.
Please tell me you're joking
If it wasn't for Ashley newcastle would have gone under he spent the amount he wanted and no more n a respect that
I met him some months ago. I worked at one of the new Frasers stores and he came to visit.
It's so obvious he knew (and wanted) to be asked that specific question.
As a diehard Newcastle fan since the 07/10/21 I just want to thank Mike Ashley on behalf of the entire Newcastle fanbase for everything he did for the club! I am however very excited for our future and what we are going to achieve! This club means so much to us Newcastle fans, we deserve this! Lets go NUFC!
He is 'on the money' so to speak. he will receive no thanks but as soon as he realised he can't compete in terms of purchase power he put the club up for sale, It is reasonable that he would hold out for a decent deal whilst also keeping the club viable. I think he has done ok.
Mike Ashley didn’t get us he just used our club to make sports direct bigger
City and PSG to Newcastle: welcome
im a pool and villa fan im happy for them good strong northern fanbase
better attitude than jealous manchester united fans.
Isn't every PL club owned by millionaires or rich companies?
@@MJ-vd8bj yea they are
I like Ashley , he’s honest bloke , at the end of the day 14 years with him and the fans say it was hell during those times , it was worth the wait to be sold to the richest company in the world and Ashley made sure Newcastle was sold to the biggest and baddest company with endless investment coming our way soon , well worth the pain in last 14 years .
Newcastle United is a great club they deserve the best I have to admit
Asaaaah lovely watching this back today just glorious
ON POINT ON POINT
One day, one day the economy will crash down in football, and football will come together to finally provide themselves a good healthy model
Nah the world's economy will crash because of Football
Adiós Ashley
Not even a Newcastle fan but I can only imagine what kind of relief they're feeling to have this guy away from their club.
Proper Geezer, good luck for the future.
I’m just surprised Sports Direct is still a thing
We take like £14k cash per day even at my mid-sized store, plus we own Game, Jack WIlls, Flannels, House of Fraser etc
Why? Have you never been to Leeds? Drowning in Lonsdale
It's like the primark of sports wear. People love it.
Some nice Kangol 3/4 length denim jeans, black Donnay sneakers, one pair of white Champion socks, a No Fear t-shirt and a flourecent Karrimor jacket.
Could be all yours for just £23.99 you'll be the talk of the town in your new polyester gear
@@zpakk your a worker dont say "we" you dont own it you work in it
Unbelievable work admin, you should get paid by the Saudi government.
Haha
Admin should receive an invite to their embassy
Thank you Mike.
papis cisse , demba ba, coloccini, gutierrez, alan pardew,, my favorite newcastle season..
perfect timing yet again
It's the whole point of the channel you're all slow
@@mega5075 people be thinking they just pick random clips for the banter
It's meant to be like that
What's your excuse for paying workers less than minimum wage?
Don't read newspapers, they lie to you and reduce your IQ.
@@hearmenow909 RUclips comments are worse.
I don’t want to wish Ashley and Levy at any other option who are both of them happy with their current budget and the cheapest option you can get,the culture of the club is horrible,they don’t fight for under this stress and something that is important. I hope Levy will be leaving soon,he’s not the club’s hope,he’s happy where he is.Tottenham’s future is worrying and it’s not getting better,we just need to hope and pray for.We need new people of the board.
Most misunderstood man in football. The media’s punching bag.
It would be refreshing to see Newcastle competing again. Theyre a big club with a great fan base.
Looooollllll
@@DrugCrafted what does lol mean
@@reverb4293 "big club"
@@DrugCrafted They are one? Are you even aware of the English top-flight's history?
@@Subhankar415 They arent a big club g. They arent small either though, they are mid. Still bigger than city before the takeover though
Newcastle deserve their glory, a class and proper club with a legacy far stronger than the other oil clubs. Success will actually suit them purely based on PL pedigree, it certainly won't look out of place. Cheers from an Arsenal fan. 😉
this isn't glory - the club's soul has been sold to the highest bidder, a consortium that involves a country with the worst human rights record on the planet
@@usxnews1834 and
Class. Lol. Won an FA Cup and a Fairs Cup. What planet you on. Lol.
PL pedigree?Newcastle haven't won a major trophy since 1969,what pedigree is this?Going trophyless for over 50 years is "pedigree" but Spurs being trophyless for 13 years is banter?
@@nikolas8203 Ok pedigree...aka competing, champions league, finishing 2nd twice, biggest spenders 3 years running, buying the world's most expensive defender in football history, breaking world record fees for any player in football history....
I'm happy for Saint Maximin
Damn i thought this was brand new for a minute lol
Newcastle deserve this takeover
He got Newcastle their takeover, he made it happen yet he still received all this abuse. Reckon he’s a good guy that was just waiting for the right deal
Then you made the right choice to sell... thank you very much!
You guys don't miss
Ashley get a lot of stick.. yeah he ain’t take club forward! However he kept them in there prem not pretty look at Fulham after splashing the cash saying where coming for UCL and Prem titles, the clubs turns over 30m profit a year, and now with new owners no Financial FairPlay to worry about he left Newcastle in a great place to build to be honest
I'm glad for Newcastle fans, but for football though, this thing should've been stored decades ago. I just hope they actually appreciate Mike, I know he hasn't seemed luke a hero, but he kept them afloat, steadied the ship, esp now you've seen what harkens to Bolton & Debby, auto now these new owners have a springboard to jump of of
That's the great thing about shares, Mike, you can cash them in whenever you like
Yes and why would he want to do that to sign one player who won’t make him more money than the value of his shares. At the end of the day he’s a businessman.
The fella was true to his word when all is said and done.
You don’t need to compete with ManC. Your club destiny is to compete with Sunderland and Norwich. You are doing well there.
Why Norwich?
@@stephenbrown1867 Compete for relegation slot.
@@anata5127 But Sunderland are in a different division
@@stephenbrown1867 I hope not forever
Bringing in a good manager -all fortunes of club change. Maybe they will be top5 in 5 years
Well this aged well Mike
I think it did?
@@ryanw8510 Sarcasm man
@@oliverqueen5883 I know,I thought you were being sarcastic,so you were actually being literal.
See how long it takes before the new owners get fed up of their new " toy " and get bored with it. Then see when season ticket prices triple
The toon she buy or loan, bale, Ramsey and the dutch kid at Man Utd in the Jan transfer window. Would make a statement and they are all available apparently.
Another thing, why do Newcastle fans think they are a big club? I've been watching football for 30 years and can name probably one season Newcastle had anywhere near a title challenging team. Potentially big yes, good fan base, yes, good stadium yes, but to call Newcastle a big club is ludicrous.
True, in terms of trophies they're not a big club at all. Almost 100 years without a First Division/PL title and they've won 3 FA Cups since 1932, the last of those was in 1955.
@@ashleythomas4112 exactly, the expectation from fans has always baffled me tbh
Were not a big club compared to man United, Liverpool so on. But compared to your west hams and Leicesters. We're definitely bigger for those reasons you've just mentioned. Only reason they've achieved more success than us in recent seasons is cos they've had owners that actually wanted to achieve it rather than just trying to survive to collect the premier league money every year
They're " big " in their own minds I think. They finished 2nd under Keegan donkeys years ago and won nowt since the 50's. This is no doubt an exciting time for them though.
@@leebrown486 debatable that you're bigger than West Ham, look at how many World Cup winners they've had, absolute giants of the game like Bobby Moore.....but that's another story
The new owners still have to make Newcastle, the Club and the town, attractive to prospective signees. A difficult proposition.
Money talks!
Do you think they live in mud huts miles away from civilization? Newcastle is a fantastic city, as good as, if not better than any of the other major cities outside of London. They attracted some of the best players in football in the 90's, the city has only gotten better since.
This comment reeks of snobbery. There is nothing wrong with Newcastle as a city. It’s just as good as everywhere else.
@@davman115 All mine says is "Cheerio"! LOL
Love the way people are saying newcastle cant break ffp the fine was 60m when city and psg done it.
If they can sign the right players they make that back in shirt sales and merchandise.
Apparently because Ashley ran such a tight ship Newcastle can spend an absolute fortune before ffp comes into it
@@andrewfield8562 yes, because they are carrying no debt.
God bless you Mike Ashley
They're just gonna buy the league now, this is a dark day for English football, teams like Arsenal, Liverpool and Manchester United didn't achieve their success this way, and it's not fair that teams like Chelsea and Manchester City have bought success that the other teams have worked for, clubs built by smart hard working men.
I think there needs to be wage caps for footballers, so Newcastle can't just pay future players 500k a week. It's really not fair, shame on the Premier League, like I say I've been a Liverpool fan for 17 years, now I'm gonna bring myself away from football as it's no longer about philosophy, just oil money.
Peace.
I'm Sorry, Arsenal, United and Liverpool have ALL had investors when they hadn't won much and that propelled them to success. You just have a bit of recency bias here
Lol
someone has forgotten about FFP. City and PSG could suddenly have huge success because they got bought when FFP was shaky and/or hadn’t even been implemented yet. Nowadays clubs can only spend what they earn. Newcastle will presumably get a new fat sponsorship deal with Aramco or something, but after that, what can they do? All that happens now is they either cheat and get caught in a few years time, or they start spending modestly, slowly working up to the heights of City and PSG. But after City and PSG, it will be incredibly obvious if they cheat, and they will not get away with it
also, grow up. just because you say peace at the end doesn’t make you any less of a stroppy child. you’ll be watching football, as you ever did, for years to come. don’t lie to us, or yourself
@@imamoronand9199 nah man I'm honestly done with it all now, I meant what I said
Newcastle have always been my second favourite team. Their supporters are loyal to the end! Welcome to the big time you deserve it!
Yet he was getting massive tv money cheques every year. And it’s not just now he hasn’t competed….he hasn’t in his entire time in ownership.
Why buy a club when you know your just running it into the ground.
I like Mike Ashley, most people just don’t understand business and money.
Man city?!! You can't even compete with Brighton. Don't go so far Mike
As a toon fan I totally agree with you……
@@millie2687 I'm chelsea fan since 1994 and I'm so happy for Newcastle since I watched em in the 90s
People give Mike alot of hate. I think he's actually a decent bloke.
lol zero hour contracts
He actually is and wasnt a bad owner yh he made few mistakes but if it wasn't for him newcastle would have gone under
@@JohnDoe-yg2eu You now have owners who belive in stoningpeopleto death for adultery....but yeah "lol zero hour contracts".
I think we will need to call it the big 5 in a couple of years time.
Ye,arsenal won't be in there 🤣🤣
‘To compete with a country’ Exactly! Nobody cried about human rights when Man City was taken over or when F1 was taken over.
Dubai ,Abudhabi are global cities with lot of nationalities. despite, Gulf has a lot of Southasians etc.. working like slaves. Passports are taken away by employers.
Or when standard charter(liverpool)support and money launder terrorisim ....City now a self sufficient well run club but not run by a state!...
Or Roman and his ties to Putin
@@hmaster3313 And israel
If anyone deserves this it’s Newcastle fans.
The most loyal fans. Congrats from a Chelsea fan.
It'll still take them a few years to become decent but when they get there they'll be a juggernaut in europe for as long as the sheiks are still interested
Definitely m8, but you don't spend that sort of money for fun, there in this for the long all
I never understood their problem with him! He did nothing wrong and was pragmatic with the funds! What more did they want??
A trophy, a title, hope, ambition, a future, I mean what is the point of buying a football club if all you’re gonna do is stand there and say “ you see that, that lump of concrete and grass, I OWN that “ if you’re gonna go into the football business be aware VERY aware that if you want to be successful you are going to have to spend BIG money, don’t do it cause you want a new toy ! And that my friend is the MISTAKE that Ashley made.
Derby County bound?
Champions league incoming 😂
Sack Bruce, Sign Conte
Let the battle commence for star players Haaland and Rioala red carpet rolled out
Unlikely. They are miles behind the big guns and in true Newcastle style they will blow it. 12 points remember??
No chance they are going to be playing Sunderland next year😄😄😄😄😄😄😄😈
finally a team to build around st maximin
We love you sky sports retro
I love this channel
You did well
Well if you focus more on academy and local talent, you'd cement yourself in the Premier League pretty well
Just look at Burnley! They are fighting a lot
I think most people misunderstand this concept. Net worth is very different from liquidity. High illiquid net worth is like having money that no one will accept. It doesnt do you much good. Like he put it, its like wall paper.
This same point still applies to the new owners too. Unless all that worth is in a spendable form, it's meaningless