Don't ask for rational explanations Swiss, but my feeling about the Prince is that his methodology has been to invest as little as possible in the hope that what's returned will greatly exceed his investment. It may be at the root of why this court case has come to fruition, the case itself will reveal far more than we've been aware of, but it does suggest a worrying few months (that assumes that there's no abrupt ending). Time will tell, but I can't help wonder what the Prince joined the Board for if not to play a significant part in pushing the Blades forward?
My opinion of the prince differs or perhaps remains indifferent. I like that he is often very quiet.
The Prince has most certainly put money in, just like McCabe has. I gave up defending our owner and their capital investments many years ago, as its pointless, people are set with their opinions and don't look at the facts available, but we also don't know many facts either, so there is too much reading between the lines which causes arguments. I have remained fairly objective with my opinion on the Prince v McCabe court case.
However, what I will say is that the Prince came on board in Sept 2013. We remained in League one until May 2017, we've had 18 months in the Championship. In that time, we've needed additional finances other than League money, TV Money, Sponsorship, Merchandising and Ticket sales to keep the club running day to day (Staff, Ground and Academy). We've paid off Wilson (just before Prince), Weir, Clough and Adkins, we've paid up contracts of certain players, we've lost money on some.
We've received some relatively large transfer fees in this time, but we've also needed additional cash for player wages and transfer fees, notably Brayford, Billy, Stearman, Egan and Norwood.
On a different subjetc, I spent an hour or so looking at the finances of the pigs the other day as it has intrigued me as to how Chancer reached the £100 Million valuation which he threw out there in the Snorter forum.
Looking at what he's spent, how he's spent it and the end results, it's quite staggering. One of Chancers comments when he was justifying himself to the forum was that IF they'd won in the play offs (they had two goes at it), then he'd be a hero rather than the villain he currently is. It amused me, because he didn't realised how stupid his comment was. Basically he's made a really stupid investment risk and failed miserably (to date) and potentially risked the future of the club. Its a big 'IF' and i wonder whether it is an 'IF' that we want for our club? I certainly don't
So whilst spending £100 Million over three years is not a small amount of money, its £33 Million per year. Theoretically and without FFP, with that spending level, if they go up next season, he would still be in the black. However, when you look at the details and what he has to show for it, the mismanagement at the club have left them with little chance of going up last season, this season and potentially next. His next move is crucial.
Return back to the lane, the Prince and McCabe. We can't compare financially, risking Chancer levels of spending in League one would be suicidal. But we haven't got close to that in 18 months in the Championship either. Is that a bad thing? I hear people talk about "if Wilder had Chancers money he'd have got us up". I think that's obvious.
However, stop the ride now and Wednesday are in the shit, FFP or not, the business model there is not sustainable. One bad season for any club can ruin them, look at Sunderland, Birmingham, Bolton, Pompey, Bradford.
We can argue all day about players sales, but rightly or wrongly we've got a very successful Academy, we've invested in younger players, we've invested in experience, we've done it on the cheap, but we've managed to consistently be placed higher than £100m Chancer's boys in the last two seasons.
So your perception of the Prince (whether you are right or wrong), investing little, for a big pay day, is it a bad business model so far? I don't have an answer.