Woodwardfan
Woodwardfan
- Banned
- #61
Conservative estimates will pitch the increase in revenue at £175m over 5 years, should we be relegated after our first season.
What a job Chris Wilder has done in 3 short years. He inherited a ragbag of a squad and a dis-united club and has pieced it back together, step by step.
What is our manager's value to the club in financial terms? His value in emotional terms is already legend, right up there with our best-ever top managers.
He's done it on a shoe-string budget. Taken us from the wilderness to the promised land in such a short time. Added to income, the value of our squad has multiplied many-fold along the way.
All this achieved while the owners are squabbling. Our manager went into last summer not knowing his budget and only the sale of Brooks created funds to improve the squad and provide working capital. At least the owners recognised the need to compete at Championship level and at least retain our status there, while they dragged themselves and club affairs to the High Court.
Wilder made key signings then and in the JTW and, without exaggeration, performed a minor miracle. Automatic promotion was a pipe dream 12 months ago. We were 25/1 outsiders. Our wage budget was somewhere in the bottom third in the division.
What value Wilder has earned for the club. McCabe personally will have multiplied his shareholding value to recover some of the value lost steadily over the years. He wants to sell up and promotion to the Prem will help him gain so much more value. Maybe his biggest mistake ever has been to fall out with the Prince. I sincerely believe the Prince coming on board stopped us disappearing into obscurity and he has been key in the club's recovery.
Let us all hope the owners reward our manager appropriately. Let us hope they give him a proper budget straight away and give him time to do serious business this summer. Let's pray any ownership changes do not unsettle our manager or reduce his personal power base in our club.
Let's hope our fans are ready to tough out any hard times next season and we stay United come what may. Wilder could easily double/treble his wage by going elsewhere tomorrow. He's hot property right now and rightly so. Let's hope our owners know how to cope with this level of success and these loads of cash.
Since I wrote the above post on 4th May we have learned that the agreed ownership deal between McCabe and the Americans shot up from £80m to £140m on promotion.
There are some big forces at play here.
Bottom club Huddersfield earned £96m from Sky and the P.L. last season. They get 50% of that next season. 40% the season after and 20% the year after, even if they stay down there.
Wilder is a Blade and he is a family man, divorced as well which costs money.
These are very dangerous weeks for our club. It's so SUFC , so utterly ridiculous.
Our current owners have their hands tied while they argue over the share of the cash they just didn't have until we got promoted twice. How much would their 'booty' be worth had Wilder not joined us?
I presume Wilder has received a big bonus already for last season. Of course he deserves a big new salary for next season too, as do his staff and his players. Never mind the pay rises agreed while we were a Championship club; things have changed. Players will watch new players come in on big, higher salaries. They will watch McCabe walk away with all his previously lost money back. The prince will multiply his investment in all likelihood.
We need a big budget for the new campaign and we need it now, not when the court case ends, not in August, and not only £20m peanuts.
I ask myself this - What power, capability, authority, have the current owners to award big new ( performance related) contracts where appropriate. Have they the cash available to fund a proper transfer window, commensurate with the new income levels to give us a fighting chance next season. What stage of next season will any new owners be able to invest in the future?
IMO our owners are fighting each other and that fight is doing untold damage to our club's future. The 'seven hills of S2' are not burning exactly while they fight, but they are not being set alight either.
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