Time to sell up Kev

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If your not gonna back lord Chris with some sensible investment please sell to someone else who will.
We have received millions from the sell ons in the summer and spent nothing near what we received and now this war chest mccabe promised has peanuts in. Theres only so long kev and the prince can get away with underfunding wilder while he overperformes.

My advice to you would be take some sort of financial studies up and then we won’t have to read an uninformed and uneducated post like this again.
 
I have found the last post in this repetitious thread . How many more posts will be posted repeating ad infinitum that our owners must sell and fuck off Original Poster, a contradiction in terms, this point has been re hashed, God knows how many times without offering tangible information as to how the said suggested sale should materialise. High on rhetoric Low, as usual on sensible suggestions.
 
After the Preston game, I was reading a bit about their owner.

Even modest-sized (& well-run) Preston have an owner who's worth 900-odd million. Compared to Kev's 100m & Abdullah's 150m (I think I'm right in saying).

But even so, wasn't a table published recently that showed, in terms of pre-season nett transfer expenditure, we're sixth or seventh biggest spenders in the division?

So long as the owners hold their nerve this January, & don't go stupid by selling their prized young asset (or any other of the prized assets), I'd say they've been supporting Chris fine so far. We're just not in the same spending league (i.e. for £5m+ players, or for 20grand/week+ wages) that many clubs in this division are in.
The other thing to be said is that wealth is measured by net assets and not cash in hand.

Players are bought, and have their wages paid out of cash, not by shares in Scarborough property group or bricks and mortar.

Businesses generally tend to go bust when they run out of cash, look at toysrus for a very topical example and BHS before them.

Both have/had plenty off assets but not the cash to meet their immediate obligations.

None of us know what The Prince's or McCabe's cash resources amount to and yet many are happy to spend Willy nilly on their behalf
 
Oh and for the sake of balance I have to say that if you want to know how much cash the directors are putting in each year you shouldn't be looking at the P&L account which will include all sorts of non cash expenses, the main one being depreciation of player contracts.

It is unlikely in our case but perfectly feasible for the club to report losses with little or no impact on cash flow.

What we need is the cash flow statement appended to the accounts
 
I would settle for another Sam Hashimi/Samantha Kane or a Geoff Sheard/Michael Knighton type

I think the time is ripe for another Count on the scene.
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Hi took my time to listen to the whole interview. I have no idea where one perm comes from or that we have had an offer for brooks. Sounded to me like Chris was playing everything close to his chest.

Calm fucking down

Agreed... think people are misquoting Chris... he actually said we will have 3/4 going out either permanently or on loan...sounds to me like regarding our budget he’s quite rightly keeping it quiet so it’s a guessing game for everyone ... including ourselves
 
Hi took my time to listen to the whole interview. I have no idea where one perm comes from or that we have had an offer for brooks. Sounded to me like Chris was playing everything close to his chest.

Calm fucking down

Precisely. He said no such thing. The knees are a-jerking as usual.
 
Why is it wanker post of the day? The club are in an excellent position due to Wilder performing miracles on a shoestring budget. Now we've lost Coutts for the season it is up to McCabe and Prince short arms to step up to the mark. We know they won't and will try to do it on as little as they think they can get away with, and with so many club apologists in our fan base they will get away with it everytime.

I don't think the OP is asking for £20m to be put in for transfers. With a great chance of promotion to the Premiership and the pot of gold on offer there, the board should push the boat out to give CW the best chance of achieving this. We're not asking McCabe to piss in the dark with the club's money, we're asking him to fully back a manager who seems to know what he's doing

By ‘club apologists’, you clearly mean sensible fans? How much can we put you down for? Or should we simply sign two or three Big Blades from the Kop? It makes a massive difference you know.

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A local club for local people.
 

please sell to someone else who will.

With your razor sharp financial analaysis I can see you honed in straight to the problem.

Will you be using your extensive lists of New York, Shanghai and Mayfair contacts to suggest a few likely buyers to Kev then?

And facts how about the 7/8 million we recieved in the summer and the 1 mill we spent at a guess on stearman and lundstram in the summer so thats a rough 7 million accumulated through transfers

And the 98 semi final moneh too....

Because if he hasn't got any money to invest then he shouldn't own a football club, sell up Mcabe.

He's invested circa £50-60m since 2000 when he saved us from oblivion.

Exactly how much more should he 'invest' to keep you happy?
 
From Henry Winter's article for the Times (23/9/17) https://www.thetimes.co.uk/article/...ub-with-no-need-for-foreign-players-wn88dkm8z

So what of the future? Will his [Kevin McCabe's] sons carry it on? “Look, Simon lives
in Beaconsfield, works out of London. Scott lives two hours away. The
answer is I don’t think so. It will be their decision. I’ve got
(co-owner) Prince Abdullah, nice guy, he’s beginning to understand.
The family still owns the real estate because I don’t want: a), for us
to play in blue and white, and b), to move away from Bramall Lane, at
least in my lifetime. Whoever actually takes over, I want them to have
a real feel for what Sheffield United’s about: foundations deep in the
community.”
 
We have this week taken out a loan from Shawbrook Brank which charges 7.5% above base rate for defaulting. I think they are a bit like the Wonga of the commercial world.
 
From Henry Winter's article for the Times (23/9/17) https://www.thetimes.co.uk/article/...ub-with-no-need-for-foreign-players-wn88dkm8z

So what of the future? Will his [Kevin McCabe's] sons carry it on? “Look, Simon lives
in Beaconsfield, works out of London. Scott lives two hours away. The
answer is I don’t think so. It will be their decision. I’ve got
(co-owner) Prince Abdullah, nice guy, he’s beginning to understand.
The family still owns the real estate because I don’t want: a), for us
to play in blue and white, and b), to move away from Bramall Lane, at
least in my lifetime. Whoever actually takes over, I want them to have
a real feel for what Sheffield United’s about: foundations deep in the
community.”

latest
 
With your razor sharp financial analaysis I can see you honed in straight to the problem.

Will you be using your extensive lists of New York, Shanghai and Mayfair contacts to suggest a few likely buyers to Kev then?



And the 98 semi final moneh too....



He's invested circa £50-60m since 2000 when he saved us from oblivion.

Exactly how much more should he 'invest' to keep you happy?
And the rest, £100M in total according to the statement on the OS in September.

Lights blue touch paper and walks away ...........................
 
Does that mean we aren't selling Brooks, or should we sell Brooks to stop the need for a loan?

https://footballeconomyv2.blogspot.co.uk/2017/12/are-blades-borrowing-for-transfers.html
Oh dear, this could be bad news.

It highlights a Cash Flow issue.

Alternatively, it could help Wilder land his targets in the short term.

Depends on amounts, when repayments are required and when we can repay.

This just underlines how difficult it is for a club that doesn't have parachute payments or a billionaire with cash in his pocket.
 
Oh dear, this could be bad news.

It highlights a Cash Flow issue.

Alternatively, it could help Wilder land his targets in the short term.

Depends on amounts, when repayments are required and when we can repay.

This just underlines how difficult it is for a club that doesn't have parachute payments or a billionaire with cash in his pocket.


Looks like we've taken out two loans in the last few days?

Wonder why that is? Why not just one larger loan?

Wtf?
 
We have this week taken out a loan from Shawbrook Brank which charges 7.5% above base rate for defaulting. I think they are a bit like the Wonga of the commercial world.

Looks like we've taken out two loans in the last few days?

Wonder why that is? Why not just one larger loan?

Wtf?

Maybe the McCabes are ‘buying’ Princey out now this promised ’game changing investment’ has failed to appear?
 

We have this week taken out a loan from Shawbrook Brank which charges 7.5% above base rate for defaulting. I think they are a bit like the Wonga of the commercial world.

Where’s this info come from?
 

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