Kevin McCabe does. When I challenged him on the ongoing financial viability of the academy, post EPPP, he claimed it was "well in profit" up to that point (April 16). McCabe and Binnion also claimed that we would be evolving our methods - targeting more senior drop out from other academies to counterbalance damaging EPPP measures. Since these comment, we've sold DCL (traditional pathway), Ramsdale (Bolton Wanderers), Adams (Ilkeston Town). We also have Whiteman and Brooks doing well (Manchester clubs) and some good Sheffield lads looking good. I'd suggest the academy is still well in profit, since McCabe's comments. An intrepid local journalist would ask whether he is thinking about applying for cat 1 status. I asked that question, and he said "we would revisit when in the championship" (I'm paraphrasing).
One of the problems with any cost benefit analysis of the academy, is that much of the funding comes from grants. Also the fact that Shirecliffe doesn't just house the youth teams, but the first team too. The first team is indirectly benefiting from grants as well as the youth teams, as they share facilities. Sponsors can also get more exposure as they can be associated with Shirecliffe/youth team as well as Bramall Lane/first team. We also have a facility that we can rent out or use for community related projects, raising good PR for the club.