SUFC Accounts

[metalblade]

The only thing it tells me is the incompetence of those in charge at Bramall Lane. That we can spend more money on players wages yet get worse as a team year on year is staggering, thank God we got Chris Wilder. Another few years with the likes of Clough or Adkins running things and we would be lucky to still have a club. Still let's not forget who's watch it was while all this was happening ............................ and still some of you fookers praise him for his failures or feel sorry for him. Sorry but the way I see it if Kev and Co are a bit light in the pocket then it is mostly self inflicted. I still find it hard to believe we paid more wages for last season's bag of shite deary me

 

[larkymasher]

I know we are split on the Desso Pitch but on the link why is there a random pissing all over it ?

 

[coolhandluke]

I wondered how long it would take the MCT's to login .

We know , we know , he's a cunt .

 

[siblade]

There's no disagreeing Wilder is the catalyst in our success. More by luck than design though. Long may he stay.
pommpey

So you're saying that Clough/Adkins were by design and all Kevs fault (even though they were both deemed to be excellent choices at the time) but Wilder is just Kev being lucky?

 

[coolhandluke]

So you're saying that Clough/Adkins were by design and all Kevs fault (even though they were both deemed to be excellent choices at the time) but Wilder is just Kev being lucky?

You sound surprised !

 

[larkymasher]

The only thing it tells me is the incompetence of those in charge at Bramall Lane. That we can spend more money on players wages yet get worse as a team year on year is staggering, thank God we got Chris Wilder. Another few years with the likes of Clough or Adkins running things and we would be lucky to still have a club. Still let's not forget who's watch it was while all this was happening ............................ and still some of you fookers praise him for his failures or feel sorry for him. Sorry but the way I see it if Kev and Co are a bit light in the pocket then it is mostly self inflicted. I still find it hard to believe we paid more wages for last season's bag of shite deary me

If any of us had any idea of the poor season we were going to have then yes paying Adkins was a bad move, but, a very large percentage of supporters thought he was a cracking option as manager. As for Hammond, again a large percentage were frothing at the mouth waiting for him to sign. Hindsight is a wonderful thing. The accounts hold no surprises what so ever. Its been 6 years of struggle, things at last seem back on track.

 

[Bayingblade]

Who appointed him?

Who had to sack him and pay him off in the end?

Blame Adkins all you want. He was shit. But someone licensed his coming to BDTBL.

pommpey

So McCabe appointed a manager who had a proven track record at this level, a manager who had taken Scunthorpe to the championship (twice) and Southampton to the premiership in 2 seasons. A manager who had spent 3 seasons in league 1 and been promoted on each occasion.

I don't recall many in the car park when the announcement was made. In fact, I seem to remember pretty much total agreement that we couldn't have got a better manager for the time and situation we were in, me included. We weren't to know what a car crash it would turn out to be and neither was Kevin McCabe!

Given the track record he had in league 1 and our position at the time, would you have knocked Adkins back?

 

[WeltonBlade]

Intangible Assets is interesting - I see in the notes that it relates to the commercial value of celebrity fans of the club.

Which begs the question......

Palin? Blade or Pig?

 

[Bartyblade]

I notice these accounts are in a lot more detail than the previous years.
For instance, giving totals for incoming and outgoing transfers rather than just a net total.
If it's a change of policy and new spirit of glasnost, I approve.

Maybe someone at the Club does read this forum and felt sorry for us and our ignorance?

 

[I should coco]

Here we go again.

Where's the Adams money

If you bothered to read rather than jumping to post, you'd notice the accounts are made up to 30/6/16.

Before you ask, this is not some evil trick by McCabe to conceal the Adams and DCL money, as they are always made up to this date.

I thought Murphy's sale paid for the Desso

In cash terms it may have, but this is not how the Desso will be expensed.

The pitch will have a given 'life' say 10 years. Thus if the pitch cost £1m 10% will be expensed every year, so the charge in 15/16 would be £100k.

How we paid for it is a different matter. Probably a lump sum at the time (50%?) and the balance over a year or two.

Fuck me £6.5M on first team wages up from £5.5M.

Finished 11th - we should be ashamed with that. Adkins has a lot to answer for. I suspect some of the more useless contributed disproportionately to that increase. Hammond and Sammon, wtf were we thinking?

We don't have to worry about paying wages as the magic money tree takes care of it.

The main thing for the 'McCabe Out' brigade is to see what was earned on transfers out and match it with transfer in. Any surplus has obviously been 'stolen' by McCabe and cannot possibly have been used to pay the increased wages.

 

[JordoBlade]

But yet Mcscrooge is a tight bastard. I get tired of the same argument with fellow fans. The only thing I won't defend McCabe for is the utter failure of choosing a manager, purely embarrassing! Also fans moan about our sale of players but where would we be financially had we not sold a few? We could be a lot worse than we currently are because even with our previous sold players promotion was never a guarantee down to shit management. Every year our financial stats prove backing of managers at board level. Time some people got a grip and accepted McCabe and co only want the best for SUFC.

 

[Bill puntin]

The only thing it tells me is the incompetence of those in charge at Bramall Lane. That we can spend more money on players wages yet get worse as a team year on year is staggering, thank God we got Chris Wilder. Another few years with the likes of Clough or Adkins running things and we would be lucky to still have a club. Still let's not forget who's watch it was while all this was happening ............................ and still some of you fookers praise him for his failures or feel sorry for him. Sorry but the way I see it if Kev and Co are a bit light in the pocket then it is mostly self inflicted. I still find it hard to believe we paid more wages for last season's bag of shite deary me

Without the McCabe family we wouldn't have survived these last few years. I know the prem money was baldly managed and McCabe admits that but at least he as stuck with it and at last stumbled on the right manager let's all hope it's upwards from now on utb

 

[Northyorksblade]

Who appointed him?

Who had to sack him and pay him off in the end?

Blame Adkins all you want. He was shit. But someone licensed his coming to BDTBL.

pommpey

Let's have a show of hands who was happy when Adkins was appointed. I was delighted, but it didn't work out. Nobody's fault, you certainly can't put the blame on McCabe for this one.

 

[I should coco]

Nobody's fault, you certainly can't put the blame on McCabe for this one.

NYB

Oh you naive trusting soul!

Of course you can. The poor appointments are McCabe's fault (even when the fans agreed with them) but any good ones are 'lucky' or based on the 'law of averages'.

 

[The Crab]

So McCabe appointed a manager who had a proven track record at this level, a manager who had taken Scunthorpe to the championship (twice) and Southampton to the premiership in 2 seasons. A manager who had spent 3 seasons in league 1 and been promoted on each occasion.

I don't recall many in the car park when the announcement was made. In fact, I seem to remember pretty much total agreement that we couldn't have got a better manager for the time and situation we were in, me included. We weren't to know what a car crash it would turn out to be and neither was Kevin McCabe!

Given the track record he had in league 1 and our position at the time, would you have knocked Adkins back?

Nope, I'd have dropped the same bollock the board did and employed him. At that time, the only better (and realistic) alternative in my mind was Mark Warburton.

 

[siblade]

You sound surprised !

Nah, not in the slightest, just can't figure out his pure hatred of McCabe. We all know he's fucked a lot up with managers but the last 3/4 have all had the blessing of the majority of fans at the time and won't have been the cheap option.

 

[snootyfenooty]

In cash terms it may have, but this is not how the Desso will be expensed.

The pitch will have a given 'life' say 10 years. Thus if the pitch cost £1m 10% will be expensed every year, so the charge in 15/16 would be £100k.

How we paid for it is a different matter. Probably a lump sum at the time (50%?) and the balance over a year or two.

Quite right and a very good point ISC. The trouble is this makes the accounts look even worse and probably McCabe had to lend the money again without fucking the cash flow up.

 

[billyblademan]

Let's have a show of hands who was happy when Adkins was appointed. I was delighted, but it didn't work out. Nobody's fault, you certainly can't put the blame on McCabe for this one.

He is a Scouser, so I wasn't 100% sure.

 

[coolhandluke]

Nah, not in the slightest, just can't figure out his pure hatred of McCabe. We all know he's fucked a lot up with managers but the last 3/4 have all had the blessing of the majority of fans at the time and won't have been the cheap option.

Theres a name for them all - MCT's = McCabe Conspiracy Theorists . After 9/11 was debunked many of the main theorists moved to Bramall Lane . They are far more determined than they ever were .

 

[The Crab]

Theres a name for them all - MCT's = McCabe Conspiracy Theorists . After 9/11 was debunked many of the main theorists moved to Bramall Lane . They are far more determined than they ever were .

Surely if it was the 9/11 lot they'd be blaming Lizards rather than Mcabe

 

[1danewhitehouse]

Fuck me £6.5M on first team wages up from £5.5M.

Finished 11th - we should be ashamed with that. Adkins has a lot to answer for. I suspect some of the more useless contributed disproportionately to that increase. Hammond and Sammon, wtf were we thinking?

Thank god Wilder has turned up he may yet save this club.

Those results are truly embarrassing considering the money spent and points achieved.

Let’s not forget that the year before, we will only have been paying the wages of Brayford, Done, Coutts, Freeman etc. for the last 5 months or so. The most recent year includes their wages for a full year. Sharp will be a big earner too. I agree we will have paid far too much for Sammon and Hammond for what they produced though. Then there’s people like Baxter who we will have paid whilst they were not contributing. Higdon, Collins etc. were only moved on during the 2nd half of the season so we won’t have seen the full benefit of that yet either. I suspect the wages for the next year will be lower after the mass contract expiry in the summer.

 

[snootyfenooty]

Surely if it was the 9/11 lot they'd be blaming Lizards rather than Mcabe

Or crustaceans?

 

[1danewhitehouse]

Based just on the information in that article, the biggest shock here is not the total amount of loss, but the fact that it has doubled over the previous year. The biggest reason for the increased loss, (again, according to this article, not the actual accounts) was a £1.8M increase in costs "due to one-off items relating to the termination of management contracts totalling £700,000 and increased investment in first team wages of £6.8m, up from £5.5m".

Thank you Mr Adkins!

The silver lining here is that we've moved on since then. We've got a manager who knows what he's doing and that doesn't include recruiting his old mates and paying them a fortune on long contracts to see out their careers and build themselves a nice little retirement nest egg.

What a toss pot that Adkins is. He would have buggered this club up beyond repair if he'd continued any longer.

When I wrote an article on here last season about Adkin's being "probably the worst manager of all time" and calling for us to get rid of the clown now, before he causes permanent damage to the club, I remember at least one person, near the end of last season, replying to say, "I want the clown to continue". I don't know who that person was - but thank God he wasn't a Director of Sheffield United - that's all I can say!

In Adkins’ defence, he was extremely hamstrung by what he inherited. He had no control of the retained list as Clough did this before he left. He had no means of dumping 12 players on arrival the way Wilder was able to. We can’t really know how he would have done if he’d had the freedom to operate in the circumstances Wilder has had nor can we know how Wilder would have coped with the circumstances Adkins inherited. What we do know is that Adkins failed in his objective with the hand he was dealt. He was also a very eccentric character who seemed to constantly get under the skins of a large section of our support. If you chuck JOC, Fleck and Duffy into Adkins’ 352 team in place of McEveley, Cuvelier and Flynn I reckon it would have done pretty well. Who knows whether Adkins would have made that calibre of signings though?

 

[The Crab]

Or crustaceans?

We tend to try and stay under the radar, but come the revolution, watch out

 

[I should coco]

If you chuck JOC, Fleck and Duffy into Adkins’ 352 team in place of McEveley, Cuvelier and Flynn I reckon it would have done pretty well.

Not sure what mind bending susbstance you were on when you wrote that

Flynn played 24 times last season and Cuvelier just 9, so they were hardly ever presents.

Hammond would have told Duffy and Fleck to 'slow it down' and we'd still passing up and down the halfway line for most of the game.

What we do know is that Adkins failed in his objective with the hand he was dealt.

You made sense with that bit though.

 

[1danewhitehouse]

Not sure what mind bending susbstance you were on when you wrote that

Flynn played 24 times last season and Cuvelier just 9, so they were hardly ever presents.

Hammond would have told Duffy and Fleck to 'slow it down' and we'd still passing up and down the halfway line for most of the game.



You made sense with that bit though.

I referred to Cuvelier because he played a few games in the 352 in the latter part of the season. But you could substitute the name for Hammond, Reed or Coutts.

 

[1danewhitehouse]

Not sure what mind bending susbstance you were on when you wrote that

Flynn played 24 times last season and Cuvelier just 9, so they were hardly ever presents.

Hammond would have told Duffy and Fleck to 'slow it down' and we'd still passing up and down the halfway line for most of the game.



You made sense with that bit though.

Something like

--------------------------Long

-----------Baptiste----Edgar----O Connell

Brayford-----------------------------------------Done
----------------Basham-----Fleck
------------------------Duffy
-----------------Adams------Sharp

 

[Bladesman]

Sammon Woolford Hammond. Without whom we might have been playing Rotherham.

He didn't sign Sammon.

You can have the other two though.

 

[Sean Thornton]

He didn't sign Sammon.

You can have the other two though.

You're correct. He played him though...

 

[Davie Blade]

Sammon Woolford Hammond. Without whom we might have been playing Rotherham.

Indeed thank fuck there was no money wasted on the rich inheritance of Higdon, McGahey, McNulty, J Wallace, JCR,, ,McEverly, Howard,, K Wallace, Alcock, and Brayford playing for free, with such a clean slate to work from amazed Adkins couldn't get us playing Barcelona

Thank fuck Wilder get a much better starter position to work from,apart the legacy pay offs of Hammond and Wallace.