Blades should give thanks to the McCabes

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Sean Thornton said:
Around £60m+ as of the last accounts.
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You do have to spoil things don't you? I find it entertaining reading the claims about him pocketing the freehold/transfer fees/hotel/diverting funds to Scarborough*

* delete where appropriate
 
pommpey said:
You brought it up. Now explain the previous season.

If not, why bring it up?

pommpey
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My purpose in bringing up was by way of responding to Tyler Durden post that praising McCabe would result in a huge thread. As would comments about Desso. Based on experience of previous threads.

It was not an actual comment about Desso, nor anyone who has made an argument for or against. I could have equally chosen the subject of whether Leon would fit into the team or should we have signed Ched.

On reflection, I probably picked Desso because I've quite enjoyed the debates over it.
 
Hodgyman said:
I may have missed it elsewhere, but has anyone gave a vote of thanks to the McCabes for keeping our United financially afloat for all these years yet? Their financial contribution, claimed to be around £100 Million and their careful custodianship of the Club & Ground should not be overlooked and taken for granted. When you contrast that with the recent state of affairs at S6:
rust bucket stadium
spending silly money on duff players
ridiculous ticket prices to pay for them

Some of the Dolphin Killer's predecessors weren't anywhere as good as that having to regularly get their begging bowl out to the Banks for years and years.

There has been some decisions made at earlier stages that were less than perfect but not many complained at the time when Robson, Adams, Clough & Atkins were appointed, indeed most of those topped our opinion polls on who should be appointed. With hindsight, a lot of people got those wrong too.
If anyone thinks that they could have done better, they were in hiding for a long time while George was looking for new investors.

Be thankful and grateful to the McCabes for what they have already done & hope that their involvement doesn't come to a total end soon.

Maybe a chant at our next home game of "They are some of our own, some of our own,McCabes are some of our own" Wouldn't go amiss.
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Don't worry McCabe had this in hand when he gave himself the big one lifetime achievement / greatest ever Blade award at the 125th anniversary dinner at ponds forge.
 
Blade for Sale said:
Generally agree with the sentiment but there's a bill in the post for cleaning the coffee off my screen for the comment above!
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Quite! The decline of our club has been almost single-handedly down to McCabe and his horrendous blundering decisions on hiring and firing managers. My view of him hasn't changed. He means well but he's overseen a disastrous period in our history. Thankfully he's stayed the course and now we are going back in the right direction. Unless "the big dog comes knocking" (I don't know what this means exactly but McCabe said it).
 

alcoblade said:
It depends what "investment" means though. Where do the Hotel, the Chinese ventures and the fitness clubs fit into this?
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They don't. The loss making hotel is in a separate company and has been devalued. The Chinese venture was written off in SU Ltd as were the others. The fitness clubs were funded by SU Ltd and were sold at a profit.

£37m is clearly showed in the last football club accounts plus any further investment and there is around £20m owed via SU Ltd . It's there for all to see but people just want to query rather than look for themselves.

The hotel is a perfect example of that, where comments are made without any understanding with underlying suggestions that he's fleeced us.

If the ground and hotel were profitable, surely the Prince would have wanted in from day one.

The only chance of getting his money back is a PL return, but although he owns the ground, he only owns 50% of the FC, to recover his money in full the club would have to be sold for £80m+ minimum. Plus the property assets.

As for the ground improvements, let's see who is paying for them, and if the Prince is involved.
 
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Sean Thornton said:
The only chance of getting his money back is a PL return, but although he owns the ground, he only owns 50% of the FC, to recover his money in full the club would have to be sold for £80+ minimum. Plus the property assets.
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I'm willing to give him 90 quid.
 
Newbury Blade said:
In general I agree with the OP, but it's not true to say "not many complained" when Kev appointed Robson. Many did complain, in fact most did. It was a disaster waiting to happen and the fans could see it, but the chairman couldn't or wouldn't.
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Only daft cunt who didn't complain was Kev.

Even Blunket could see it was wrong.

Overall though he has always had SUFC in his best interests.

Just wish sometimes someone else had made some of his decisions.
A simple call to Grumpy would have sufficed. :rolleyes:
 
Sean Thornton said:
They don't. The loss making hotel is in a separate company and has been devalued. The Chinese venture was written off in SU Ltd as were the others. The fitness clubs were funded by SU Ltd and were sold at a profit.

£37m is clearly showed in the last football club accounts plus any further investment and there is around £20m owed via SU Ltd . It's there for all to see but people just want to query rather than look for themselves.

The hotel is a perfect example of that, where comments are made without any understanding with underlying suggestions that he's fleeced us.

If the ground and hotel were profitable, surely the Prince would have wanted in from day one.

The only chance of getting his money back is a PL return, but although he owns the ground, he only owns 50% of the FC, to recover his money in full the club would have to be sold for £80m+ minimum. Plus the property assets.

As for the ground improvements, let's see who is paying for them, and if the Prince is involved.
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You seem to be taking it down the line that I'm suggesting the club is profitable, and that he's making money on us. I've repeatedly made it clear that I'm not.

I was refuting an original "£100m" investment figure being suggested somewhere. Because of the way accounts are presented, it's impossible for Mr average, like me, to track.

What I'm sure of is that given our position when he came, what's happened in between and where we are now, the higher the figure of actual Investment (that which has either gone into the playing side or the facilities directly around it) is directly proportionsl to the degree of incompetence in the way we've been run - evidence which includes overseeing the worst period in the club's entire history,

His best intentions have never been questioned by me.
 
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alcoblade said:
You seem to be taking it down the line that I'm suggesting the club is profitable, and that he's making money on us. I've repeatedly made it clear that I'm not.

I was refuting an original "£100m" investment figure being suggested somewhere. Because of the way accounts are presented, it's impossible for Mr average, like me, to track.

What I'm sure of is that given our position when he came, what's happened in between and where we are now, the higher the figure of actual Investment is directly proportionsl to the degree of incompetence in the way we've been run - evidence which includes overseeing the worst period in the club's entire history,

His best intentions have never been questioned by me.
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Not at all and Didn't mean too if I appeared to be doing that sorry.

I also thought you were referring to my £60m quote.

League position apart do you really think we were better off in the whole scheme of things under MacDonald or. Woolhouse? And would be today?

His decisions have cost him dearly. I'm sure he accepts that even if a few on here don't.
 

Sean Thornton said:
Not at all and Didn't mean too if I appeared to be doing that sorry.

I also thought you were referring to my £60m quote.

League position apart do you really think we were better off in the whole scheme of things under MacDonald or. Woolhouse? And would be today?

His decisions have cost him dearly. I'm sure he accepts that even if a few on here don't.
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He's easily the best of an awful bunch of chairmen. The previous ones tried to fuck us over, McCabe tried to do the right thing. I consider this issue by itself, and always credit him for it.

But seperarely you're judged on results, and we find ourselves where we were when he started, on the back of an historically disastrous spell, with some modifications to the ground that I'd argue are in line with the majority of our competitors.
 
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