Ownership developments

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Good question.

Certainly seems like we might have.

He can as no single entity owns more than 75% of the issued shares.

Sheffield United Ltd (McCabe) - 50%
UTB LLC (Prince) - 10%
UTB 2018 LLP (?) - 40%

He is trying to purchase McCabes 50% using UTB LLC which would still be under the threshold to purchase the properties but a controlling share against UTB 2018 LLP.

The plot thickens.
I know I lot of businesses operate this way nowadays with convoluted ownership arrangements, but the whole thing just smacks of an attempt at subterfuge.
 

I know I lot of businesses operate this way nowadays with convoluted ownership arrangements, but the whole thing just smacks of an attempt at subterfuge.

Bit pot calling the kettle black with the arrangements McCabe has made with his various companies controlling Sheffield United over the years though eh?
 
I know I lot of businesses operate this way nowadays with convoluted ownership arrangements, but the whole thing just smacks of an attempt at subterfuge.


Remember Kev doing the same with the ground? Apart from the fact every shareholder got a letter about it, it was on the OS, discussed on forums and in the press, it's exactly the same......

Oh, and he owned it anyway by virtue of his huge majority shareholding in SULtd.
 
Bit pot calling the kettle black with the arrangements McCabe has made with his various companies controlling Sheffield United over the years though eh?
Yep true enough.
It would be better if they sorted this out with the clubs interests aa a priority
 
He transferred 80% of his 50% shareholding from UTB LLC to another corporate vehicle, UTB 2018 LLP.

OK guys. Kind of wondering here. If the purpose of the Prince was to move a percentage (turned out 80%) of BL shares to UTB 2018 LLP just to avoid the 50% shareholding by UTB LLC the assumption surely has to be that the Prince controls the holding held by UTB 2018 LLP. Given that (of course the assumption must be proved) surely it is an attempt to destroy the agreement and although probably not unlawful clearly frustrates the agreement. IMO the Prince is thus out of order relying on that, as in essence he still owns 50% except in two vehicles. Surely a Judge is going to say hang on a minute and see that?
 

OK guys. Kind of wondering here. If the purpose of the Prince was to move a percentage (turned out 80%) of BL shares to UTB 2018 LLP just to avoid the 50% shareholding by UTB LLC the assumption surely has to be that the Prince controls the holding held by UTB 2018 LLP. Given that (of course the assumption must be proved) surely it is an attempt to destroy the agreement and although probably not unlawful clearly frustrates the agreement. IMO the Prince is thus out of order relying on that, as in essence he still owns 50% except in two vehicles. Surely a Judge is going to say hang on a minute and see that?

I think that all depends on the Prince being a director/shareholder of UTB 2018 LLP

It could be other family members
 
I was half expecting itsinyereeblood to have wrote i postyersonyou a glowing rseference by now. Maybe he’s still typing

I only happened to notice your post, otherwise I consider Pinchy more than able when it comes to answering any criticisms that may come his way.

I did notice in the last day or two that a smallish cabal of spitefully driven posters were indulging in unpleasantness directed towards Pinchy. Yes, I know he's more than able when it comes to stirring the emotions, so I'm usually happy to view from afar as posters join forces to spill their bile in Pinchy's direction. I myself have had rows, sometimes attracting the attention of posters who, for whatever reason, seem to think that it's ok to act in groups and imagine that by doing so it somehow validates their opinions. I'm more than happy to accept I may be wrong or have misunderstood, my ego isn't so large that I need to boost any fragility I may have....so, fast-forwarding, if the suggestion is that you imagine Pinchy needs help from myself you're wrong.

I've met Pinchy. I found him to be a decent, thoroughly likeable and generous man. As the saying goes, you speak as you find. The fact that he let's rip on here is his affair. If posters allow themselves to react to anything he says then perhaps it's time to reflect regarding why they respond in such a primal fashion. Me? I take little to heart that I read on here. I follow my team avidly, well as avidly as a currently disabled guy is able to, and find much of what surrounds the Blades to be of interest. But one thing I do know, football isn't up there when it comes to life's most important matters. Just in case anyone missed that then perhaps it explains why a few on here find it too easy to shout and argue simply because someone else (Foxy and Linz) works to allow all of us to write about almost anything that takes our fancy.

Whether you agree or not, this forum would be poorer if Pinchy chose not to contribute. I feel exactly the same about other posters too, some of whom I happen to disagree with. Isn't that the basis for a fair-minded approach to a forum like this?
 
Anybody got any updates? Not seen anything posted for a few minutes

Dejphon Chansiri is the director of UTB 2018.

latest
 
I only happened to notice your post, otherwise I consider Pinchy more than able when it comes to answering any criticisms that may come his way.

I did notice in the last day or two that a smallish cabal of spitefully driven posters were indulging in unpleasantness directed towards Pinchy. Yes, I know he's more than able when it comes to stirring the emotions, so I'm usually happy to view from afar as posters join forces to spill their bile in Pinchy's direction. I myself have had rows, sometimes attracting the attention of posters who, for whatever reason, seem to think that it's ok to act in groups and imagine that by doing so it somehow validates their opinions. I'm more than happy to accept I may be wrong or have misunderstood, my ego isn't so large that I need to boost any fragility I may have....so, fast-forwarding, if the suggestion is that you imagine Pinchy needs help from myself you're wrong.

I've met Pinchy. I found him to be a decent, thoroughly likeable and generous man. As the saying goes, you speak as you find. The fact that he let's rip on here is his affair. If posters allow themselves to react to anything he says then perhaps it's time to reflect regarding why they respond in such a primal fashion. Me? I take little to heart that I read on here. I follow my team avidly, well as avidly as a currently disabled guy is able to, and find much of what surrounds the Blades to be of interest. But one thing I do know, football isn't up there when it comes to life's most important matters. Just in case anyone missed that then perhaps it explains why a few on here find it too easy to shout and argue simply because someone else (Foxy and Linz) works to allow all of us to write about almost anything that takes our fancy.

Whether you agree or not, this forum would be poorer if Pinchy chose not to contribute. I feel exactly the same about other posters too, some of whom I happen to disagree with. Isn't that the basis for a fair-minded approach to a forum like this?

If he behaved on here more often like he does in real life then, he wouldn't attract anywhere near the responses he does.

Simples.
 
If he behaved on here more often like he does in real life then, he wouldn't attract anywhere near the responses he does.

Simples.

I think a tad more self-discipline from those who enter into attack dog mode wouldn't go amiss either. I don't have to defend Pinchy, whatever he chooses to say is his affair.

There's always the option not to respond......simples.
 
I think a tad more self-discipline from those who enter into attack dog mode wouldn't go amiss either. I don't have to defend Pinchy, whatever he chooses to say is his affair.

There's always the option not to respond......simples.

Of course that's true but I'm unsure as to why you feel posters should show restraint when he happily stirs the pot in the way he does, and speaks to people how he does.

I've long suspected much of it is designed to get responses but surely if you poke a tiger you can't grumble if it bites back.
 
OK guys. Kind of wondering here. If the purpose of the Prince was to move a percentage (turned out 80%) of BL shares to UTB 2018 LLP just to avoid the 50% shareholding by UTB LLC the assumption surely has to be that the Prince controls the holding held by UTB 2018 LLP. Given that (of course the assumption must be proved) surely it is an attempt to destroy the agreement and although probably not unlawful clearly frustrates the agreement. IMO the Prince is thus out of order relying on that, as in essence he still owns 50% except in two vehicles. Surely a Judge is going to say hang on a minute and see that?

Sounds exactly what McCabe is annoyed about to me.

Whether the Judge agrees or not I'm not going to hold my breath. The Prince seems confident of the ruling going his way, and the document gives me the impression that McCabe feels potentially the same way. Otherwise why not match the Princes offer of injecting a £1.25m non-recoverable loan. makes sense to me to do it, if I'm confident of winning, thats £2.5m invested at a cost to me of £1.25m, no brainer.
 
Of course that's true but I'm unsure as to why you feel posters should show restraint when he happily stirs the pot in the way he does, and speaks to people how he does.

I've long suspected much of it is designed to get responses but surely if you poke a tiger you can't grumble if it bites back.

And I doubt you'd hear any complaints from Pinchy if that were the case. It's not as if Pinchy has a constant presence on the forum, so a little unsure why he's demonised in quite the way he is. So he says things that some posters don't like? I'm sure there are posters who feel the same about me, but I only write when I feel passionately, so whether you agree or not at least you know it comes from the heart.

I read many posters refer to other posters on here as cunts. Do you expect me to believe that this is less aggressive or inflammatory than anything Pinchy has written?
 

And I doubt you'd hear any complaints from Pinchy if that were the case. It's not as if Pinchy has a constant presence on the forum, so a little unsure why he's demonised in quite the way he is. So he says things that some posters don't like? I'm sure there are posters who feel the same about me, but I only write when I feel passionately, so whether you agree or not at least you know it comes from the heart.

I read many posters refer to other posters on here as cunts. Do you expect me to believe that this is less aggressive or inflammatory than anything Pinchy has written?

I agree some people can go too far.

However your post was about people effectively ganging up on him.

The only reason that happens is because of what he posts.

If you denigrate a manager that gave anyone younger than 50 odd the best United memories of their life, if you constantly disrespect a player who gave his all for us and played at a level with us few United players have in 25 years, if you tell everyone you hate seeing England do well and hope they get knocked out when most football fans are thoroughly enjoying our run, what reaction do you truly expect?

You're right, he can look after himself, and I would imagine enjoys the attention he gets.

Which makes your passionate defence of him a little hard to fathom.
 

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