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It would be interesting to know whose offer he has turned down, and whether any of those went on to be successful at other clubs they bought, also whether he turned down offers from any nutjob people.
After last time when we were almost humiliated by Channel 4 and Bryan Robson, I'm glad he's being careful about who he talks to about selling the club.
 



Kinell. Season not started yet and the classic Blades synicism and negativity is already surfacing. Dread to think what it'll be like tonight if we don't win.

I think its quite possible to be pleased with the performance of the current management team and grateful they were appointed, whilst nonetheless thinking the club will continue to under-perform relative to its potential as long as Kev is the main decision-maker.
 
So "it is a profit making part of the club" - If thats a direct quote from McCabe then it pretty much confirms none of the money goes back into the club, because if it did, it wouldn't be profit making, money made from selling players that gets spent isn't profit anymore.


Where does the money go then?
 
So "it is a profit making part of the club" - If thats a direct quote from McCabe then it pretty much confirms none of the money goes back into the club, because if it did, it wouldn't be profit making, money made from selling players that gets spent isn't profit anymore.

It is a profit making part of the club which subsidises the loss making part of the club.

The key word is "club" I think. If one part of the club makes a profit and the other part makes a loss. Then, depending on the figures it may be that the club, as a whole makes a loss. Therefore there is no profit. I think perhaps he ought to have used surplus of income over expenditure for that operating division.
 
The club is given a substantial payment by the football league for having a Cat2 academy. Add the sponsorship money the academy attracts towards it's costs as being in the top 10 academies for producing players, then you have a part of the club that is self sufficient.
It can produce either players for our first team or sell players to generate funds for the first team.
What is so hard to understand?
 
It would be interesting to know whose offer he has turned down, and whether any of those went on to be successful at other clubs they bought, also whether he turned down offers from any nutjob people.

Carson Yeung didn't turn out great at Brum
 
I think its quite possible to be pleased with the performance of the current management team and grateful they were appointed, whilst nonetheless thinking the club will continue to under-perform relative to its potential as long as Kev is the main decision-maker.
What options are you offering. Do you know some Russian oligart prepared to pump 200m into the team fund . We have a chairman who has kept us solvent at a time when other clubs are drowning in debt. Who thinks there's thousands of benevolent investors circling round ready to blow millions on football. When someone is in line with half a billion great we can move on until then we should appreciate McCabe is the only income we have , not try and slaughter every move he makes
 
Did anyone ask him whether in this football financial climate he'd taken the club as far as he could and whether it was time for him to sell up rather than keep going out with the begging bowl for new investors who are asked to pump money in for no control?

You could have attended and done so, perhaps?

The queue of people willing to buy the club is already twice around the car park. Will you be joining it?

Would you sell to anybody with sufficient dosh, regardless of their intentions?

The agenda goes on...
 
Where does the money go then?

Back pocket or sofa in Brussels is the usual fiction.

Meanwhile back at Bramall Lane the club runs on thin air, has no bills to pay and electricity is generated by Nick Montgomery running around on that giant hamster wheel. Do people really not realise why he was back the other day?...
 
It is a profit making part of the club which subsidises the loss making part of the club.

The key word is "club" I think. If one part of the club makes a profit and the other part makes a loss. Then, depending on the figures it may be that the club, as a whole makes a loss. Therefore there is no profit. I think perhaps he ought to have used surplus of income over expenditure for that operating division.
YOUR key word might be 'club' but the key phrase, which makes the whole thing self-explanatory is 'part of the club'
 
It's been asked above, so no harm in repeating - is there anyone who attended the forum last night who can report on what was discussed? What questions did Kev manage to offer a coherent response to? I attended last year's forum and found the whole affair a bit deflating. Kev's insistence that we must be the unluckiest club in existence was jaw-dropping, so I wondered if there were other gems, or even insights that might at least inform us of what we have to look forward to now that we're back in the Championship.
 
It's been asked above, so no harm in repeating - is there anyone who attended the forum last night who can report on what was discussed? What questions did Kev manage to offer a coherent response to? I attended last year's forum and found the whole affair a bit deflating. Kev's insistence that we must be the unluckiest club in existence was jaw-dropping, so I wondered if there were other gems, or even insights that might at least inform us of what we have to look forward to now that we're back in the Championship.

He admitted he hasn't seen Brooks play yet
 



The club is given a substantial payment by the football league for having a Cat2 academy. Add the sponsorship money the academy attracts towards it's costs as being in the top 10 academies for producing players, then you have a part of the club that is self sufficient.
It can produce either players for our first team or sell players to generate funds for the first team.
What is so hard to understand?

Absolutely nothing. My post was along the lines of there isn't just this lump of cash (profit) which wasn't being reinvested or utilised for the benefit of the club.
 
Must admit that surprises me Fred. Given everything that has surrounded Brooks, I'd have thought that our co-owner would be interested to see the latest young Blade to emerge from the academy. Anything else worth reporting?

The Invoice for £1million is printed off - just need to fill in the buying clubs name ............
 
It's been asked above, so no harm in repeating - is there anyone who attended the forum last night who can report on what was discussed? What questions did Kev manage to offer a coherent response to? I attended last year's forum and found the whole affair a bit deflating. Kev's insistence that we must be the unluckiest club in existence was jaw-dropping, so I wondered if there were other gems, or even insights that might at least inform us of what we have to look forward to now that we're back in the Championship.

That's one of the reasons I stopped attending.

I'm not one of these KM bashers and have a huge amount of time for the bloke. However I got little out of the 3 or 4 fora I attended, and it did grate a little the emphasis on bad luck and general ignorance of poor decision making at times.
 
Must admit that surprises me Fred. Given everything that has surrounded Brooks, I'd have thought that our co-owner would be interested to see the latest young Blade to emerge from the academy. Anything else worth reporting?

Why surprise?

Brooks has hardly played a first team game in anger, and let's be honest the chairman/owners are unlikely to have the time to pop down the academy and watch the games there when they barely get to watch the first team.
 
Must admit that surprises me Fred. Given everything that has surrounded Brooks, I'd have thought that our co-owner would be interested to see the latest young Blade to emerge from the academy. Anything else worth reporting?

There was a show of hands to see who wanted a DVD of last season,it reminded me of an episode of Phoenix Nights to be honest,they said they will look into it and maybe produce a limited number
 
It is a profit making part of the club which subsidises the loss making part of the club.

The key word is "club" I think. If one part of the club makes a profit and the other part makes a loss. Then, depending on the figures it may be that the club, as a whole makes a loss. Therefore there is no profit. I think perhaps he ought to have used surplus of income over expenditure for that operating division.

When you run a business it is common to break that business down into a set of Cost Centres. Each of those Centres runs their own set of accounts - P&L (profit and loss) and is effectively run as an independent business.

I ran Cost Centres with my own P&L accounts for years, and was rewarded for making and declaring profits, which helped to subsidise some of the loss-making parts of the business.

Hence, it is perfectly common to declare that one of your P&L Cost Centres made a profit.

Our Academy creates funds and raises our reputation as a successful professionally run club. Whether recruits go through to our team or raise funds and move on, they add to our reputation which helps us attract and keep the players that we want.

The combination of our Manager and our Academy is our way to a bright future. Long may they both continue.

At last The Magic is Back
 
He admitted he hasn't seen Brooks play yet

Neither have I Fred. Maybe for half an hour today?

Not sure I can be bothered going though. Back in the Championship. Over 25,000 excited, enthusiastic Blades. An excellent footballing team parading their talents on a superb playing surface.

I think I'll stay home and moan, whinge and bleat about the club I claim to support. Much more satisfactory. Pass me a crayon, would you?
 
Why surprise?

Brooks has hardly played a first team game in anger, and let's be honest the chairman/owners are unlikely to have the time to pop down the academy and watch the games there when they barely get to watch the first team.

Given the speed at which football can move, and Kev's historical willingness to sell at too low a price simply to soften the coffers, I'd have thought he'd have made time to cast an eye over the latest talent we've produced. According to some, Brooks may not be here long (not my take you understand) so it would be in Kev's and the Blade's best interest if he at least had an idea of what the lad might be worth
 
It would be interesting to know whose offer he has turned down, and whether any of those went on to be successful at other clubs they bought, also whether he turned down offers from any nutjob people.


It depends what you mean by successful.
Tuna man....has he been successful? If he gets them promoted some time then he will be deemed a success, but what is the long term prospect? He's already made it clear he's a businessman, and he sees them as a way to make money once in the premier league. And that's where it gets a bit foggy for me. Because he will then sell the club and make a profit....great. But who to? And it's this stage where it often goes down the shitter as the club is sold to some crook looking to either launder illegal monies from some foreign country, or to someone who is completely inept...Carson Yeung, the chicken family, and the Allam family spring to mind.

We have already been shown up a little by the CH4 sting, and there have been rumblings of potential suitors. We have the prince, who has made it clear he is there to make a profit on his investment. So he will want us up ASAP so he can sell his share back to Kev, or to some other soul looking to make a profit like he has.

As I see it, I would much rather have someone with a genuine love and affinity to the club as an owner. When it comes down to trust, I would feel much less concerned that we would be sold down the shitter and on the way to oblivion. The way football is just cannot continue forever, and like the banking collapse it will happen in football before long.
 
The Invoice for £1million is printed off - just need to fill in the buying clubs name ............

And the first "oh so predictable" award goes to...

I do hope he doesn't play or at least has a poor cameo today. We might avoid the inevitable anti-McCabe tantrums that will follow as night follows day.

They can't wait...
 
I was commenting on the quality of his decision-making, not the depth of his pockets.
Not many people I know don't get things wrong sometimes .I bet no one regrets his choices more than McCabe himself .let's not forget he's a fan too.
Think there's plenty more chairmen around that's made some dodgy appointments in their time.
 



And the first "oh so predictable" award goes to...

I do hope he doesn't play or at least has a poor cameo today. We might avoid the inevitable anti-McCabe tantrums that will follow as night follows day.

They can't wait...
I'm suprised Kev hasn't bought Brooks for a £1 ... just ya know, to take the risk and weight off the Club

Of course returning him to the Club when things look a little brighter

Afterall, he could afford the £1 ........... he could take it out of the Kyle money
 

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