Jamie Carragher says Mike Ashley has turned Newcastle United into a ‘ boring ’ club and has accused the billionaire owner of only being interested in making money . His words are sure to resonate with supporters who boycotted Sunday ’ s 3-1 defeat at home to Spurs – a sixth straight loss which equals their worst-ever run in the Premier League . Before the game fans gathered outside the Gallowgate End and were united in choruses of ‘ We ’ re rich but our team is s*** ’ and ‘ Where ’ s the money gone ? ’ in protest at Ashley ’ s running of the club , which this month returned record profits of £18.7million and later revealed they have £34m sat in the bank . Mike Ashley has been accused of making Newcastle a 'boring ' club because he only wants to make money . Carragher , too , is alarmed at what has become of Newcastle . ‘ I can understand why fans are frustrated , ’ said the Sportsmail columnist in his punditry role on Sky Sports . ‘ It ’ s getting to the stage now , football is so big and there ’ s that much money coming in to the game with the new TV deal , I am sick of owners coming in who are successful business people wherever they ’ ve been . They think “ Where else can I make money ? Oh a football club ” . ‘ I ’ ve had it at my own club Liverpool with George Gillett and Tom Hicks and it ’ s the same at Newcastle . Jamie Carragher slammed the chairman and says he 's alarmed at the state Newcastle are currently in . ‘ People will say as supporters you ’ ve got to come back , you ’ ve got to get behind your team . But what are the owners doing for supporters ? ‘ Since Mike Ashley ’ s been here they ’ ve been relegated once and they could be relegated once again . ‘ So he ’ s balanced the books - he ’ s made money because he ’ s a businessman - but I think of these people and wonder , “ Don ’ t you want to be excited yourself ? ” . ‘ I ’ m getting bored by Newcastle . When you watched them over the years there was madness , there was excitement , stupid goals going in one end and then the other , but it was exciting . ‘ Now it ’ s boring . Why does Mike Ashley want the club if there ’ s nothing happening ? There ’ s no cup run , I just don ’ t get it . I don ’ t get why he wants to own a football club. ’ Meanwhile , former Sunderland chairman Niall Quinn says Ashley must try to reconnect with the club ’ s fans . Thousands of fans chose to boycott the Tottenham game in protest of Mike Ashley 's tenure at the club . Some fans that did go to St. James ' Park showed their disgust in the stadium with banners and posters . There was blocks of empty seats where fans chose not to attend the 3-1 loss to the London side . ‘ I think you ’ ve got to get the balance right . It ’ s not just about making money , ’ he said . ‘ Early on in his tenure here he was getting criticism and he made his mind up he was doing it his way and he didn ’ t care what the fans thought . And that is something that just doesn ’ t work . ‘ Sunderland fans will resent me for saying this , but the Geordie fans have been through everything with this football club , and for them to stay away and not watch a game of football at this club - that hurts . It tells of the disconnect and it has to be resolved . ‘ To reconnect has to be the best way forward. ’ Thousands of posters were created by Ashleyout.com and passed around the city prior to the game .
Jamie Mike Ashley has slammed Newcastle United owner Carragher . The Sportsmail columnist called the club 'boring ' saying Ashley just wants to make money while in charge . Mike Ashley says he understands the fans frustration at how club is run . CLICK HERE for all the latest Newcastle United news .