I keep reading we should sell Berge, Mcburnie etc...

[SwissBlade]

Could you give us a handle on how much short-term borrowing we've done ? Have we already borrowed against the entire projected parachute payments and the Rammers fee instalments ?
Just how precarious is our cashflow ?
And what of the long-term borrowing for the purchase of the Lane & other fixed assets ? How much of that loan remains to be repaid ?
If we were wound up tomorrow , would there be anything left apart from the freehold (assuming for this purpose that the playing squad is worth nothing ... Which is about right) ?
Just wondering , because there are fans out there who think we might be able to pay a fee to bring in a permanent CB in January.
Is that a financial fantasy ?

I'm not the best on these things, but from what i've read from other experts, its fairly normal and as you can see below, its something we've done regularly under the Prince. It's a way of leveraging cash quickly against guaranteed future income. Unfortunately, other than the loan against Rammers money, its not possible to see what the loan value is against the PL money.

It just means that whilst us fans expect the club to splash the cash year after year because we've got Parachute payments, those payments may already be assigned against loans that we have.

Its very very unlikely that we'd be wound up tomorrow due to the nature of the borrowing, but it does mean that we'll have to reduce the wage bill considerably over the next 1-2 years and sell some of the players we have invested in.

The problem is that whilst the money we've spent is big money for ourselves, it was a drop in the ocean in the Premier League, but come back down to the Championshiop and it becomes a huge amount because of the gulf between the Championship income and the Premier League.

These are the Outstanding Charges for "The Sheffield United Football Club Limited" (00061564) on Companies House:

21st December 2021 - Macquarie Bank - Loan Secured against Receivables from Arsenal )£8 million - 31 July 2022 and £8 million - 31 July 2023)

21st October 2021 - Macquarie Bank/ Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK683080, SYK587505, SYK566753, SYK521171, SYK491863, SYK168119, AND SYK610691

21st October 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Feb 2023 (no amount is listed)

1st July 2020 - Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK457849, SYK587505, SYK566753, SYK521171, SYK491863 and SYK168119 Intellectual property -Trademark’s with registration numbers: UK00003338951, UK00003424431, UK00003466711, UK00003283500 and UK00003283516

The below charges have now been satisfied on 1st Nov 2021 (perhaps with the first Rammers Payment), but worth noting as well:

18th August 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Jan 2023 (not including the relegation payment from the Basic Aware fund to be paid by the Premier League to Sheff United for ythe 2021/22 Season).

7th January 2021 - Macquarie Bank - All Premier League money up to and including July 2022, but excluding the Basic Award Fund to be paid by the Premier League for the 2022/23 Season.

31 July 2020 - Macquarie Bank - All Premier League money up to and including January 2022

 

[Bert]

Why ?

He's never been even close to being a billionaire, his father has the money not him.
Why do you think Wednesday keep trying to sell season tickets in December and still haven refunded some fans for matches in 2019?

Why were wages paid very late 3 times?

Why has their ground not had anything spent on it for years?

 

[SwissBlade]

The problem is that there are no takers to help remotely refund the 120m we spent on shite.

There's going to have to be a period of unravelling that little shitbox before we see more investment. We're lumbered also with their wages and to be honest I can completely understand the reluctance to add further wages before some housekeeping is done with those currently on the wage bill.

There are a number of reasons and its not that simplistic to say that there are no takers. Of the Big Signings we made in the Premier League:

Callum Robinson - Sold with Burke as part of the deal. Profit
Luke Freeman - Loaned and in and out of the squad due to form and fitness.
Moussett - Scores goals, but never fit, can't get 90 mins out of him let alone a run of games. Currently several KG's overweight and not currently with the Squad.
McBurnie - Hardly seen this season, Lack of form, Injuries, illness.
Berge - Lack of Form and Injuries. Now starting to get games in.
Rammers - Sold for a Profit

I'd say that by the summer that we need to sell or release 1-3 of these or JOC (if we can get him fit). If we can't then it'll be Ndiaye and Jebbison on their way for less than we'd be able to sell them for in 2-3 years, but as a necessity to get some money in over the summer.

 

[BobblesBlade]

You would of thought McBurnie up front holding the ball and also laying off for poacher Brewster should work. Injuries though have hampered any opportunity to try this.

 

[Roygbiv]

I don't mean to offend mate but that is quite a simplistic view and I wouldn't want you to kid yourself that everyone who comes down goes on a mass splurge and we are the odd ones out.

There isn't 130m 'left' from 250m. 120m is what we spent on transfer fees alone. You can probably add something daft like another 10m on Agent fees or more. Taking just Berge. McBurnie, Mousset and Brewster, they are probably on at least 120k per week between them. Some 3 year deals, some are 4. You are looking at a commitment up to 25m just for their wages alone and that is 4 players. The wage bill is probably 70m and now we cannot count on the tv money. Reminder our turnover when we were in league one was not much more than 10m. There is a huge potential drop off and we cannot just deal with it later.

What you say about spending simply isn't true except for Fulham who have a guy who has more money than sense.

Even Bournemouth who are owned by a billionaire as an example:

20/21 -
Total sales - 84m - Aké (Man City), Ramsdale (Blades), Wilson (Newcastle), Arter (Forest).
Total purchases - 0m
21/22 -
Total sales - 24m - Danjuma, Sturridge, Rico
Total purchases - 5m

Take Norwich:
20/21 -
Total sales - 40m - Godfrey (Everton), Lewis (Newcastle)
Total purchases - 12m

We need to be very sensible for a while now and ride this out. Hopefully we can pick up the odd loan like Gibbs-White who makes the difference between a mid table team and a play off team which may elevate the values of some players.

The issue is, like him or loathe him, Chris saddled us, since promotion with players that have negative equity. I.e. if we sold them now we'd make a huge loss on them which probably wouldn't pay for the money we still owe on them, with fees often spread over the duration of the contract. So you either sell them cheap and take the hit or you hope they improve through circumstances e.g. a loan player or two comes in and makes the whole team perform better.

But being sensible, spending more money, whilst still paying for these prior purchases just isn't a viable option.

The Prince for all his detractors is guilty of 2 things (1) not being richer than he is. (2) going all in on Chris' judgment.

Throwing more money and therefore more debt isn't an option. And if you were the Prince, wouldn't you at least half expect some return on the 120m yet the team we have now is arguably less competitive than the one that got promotion last time.

Good post. It's difficult to accept there is no money because people think parachute payments mean money for transfers. Parachute payments were brought in to try and bridge the huge fall in income from relegation and to avoid a Portsmouth style situation where clubs have players on huge wages that they can no longer afford. We are actually using the parachute payments in the way they were designed to be used at the moment.

Our problem is we had one asset when we came down. Ramsdale. The rest are now worth far less then they were or, in most cases, worth noting at all due to the wages they are on here. No club is going to pay these players what we are so there are practically worthless to us.

Between them The Prince and Wilder oversaw 2 years of awful recruitment. To spend what we did and have one player from the lot you could deem a success is indefensible for me. I'm not going in on Wilder, he was the reason we were in The Premier League in the first place and he gave me the best times I've ever had as a Blade, but I really don't see how anyone can defend the recruitment in his final 2 years. They may not have been his first choices but he still sanctioned the deals. With the money spent we should at least have a promotion contending squad. In the end we didn't do a Norwich and bank the money and we didn't do a Villa and proper go for it. We ended up in the worst of both worlds where we didn't spend enough to be successful but spent all the money we earned on players now worthless to us.

 

[BobblesBlade]

We

There are a number of reasons and its not that simplistic to say that there are no takers. Of the Big Signings we made in the Premier League:

Callum Robinson - Sold with Burke as part of the deal. Profit
Luke Freeman - Loaned and in and out of the squad due to form and fitness.
Moussett - Scores goals, but never fit, can't get 90 mins out of him let alone a run of games. Currently several KG's overweight and not currently with the Squad.
McBurnie - Hardly seen this season, Lack of form, Injuries, illness.
Berge - Lack of Form and Injuries. Now starting to get games in.
Rammers - Sold for a Profit

I'd say that by the summer that we need to sell or release 1-3 of these or JOC (if we can get him fit). If we can't then it'll be Ndiaye and Jebbison on their way for less than we'd be able to sell them for in 2-3 years, but as a necessity to get some money in over the summer.

We sell Ndiaye and Jebbison we may as well give up the academy.

 

[SwissBlade]

To think of the money we’re pissing away on the like of McBurnie, Mouse, Berge, Burke, Freeman is frightening. What are we paying them for??
Mouse and McBurnie have a total of 3 goals between them, for what best part of £70k a week combined?

Not sure if you mean just this season, which to be fair both Mousse and McBurnie have been out injured most of the season...
Totals at the club:
Mousse 9/ 48
McBurnie 7/ 71

I doubt it'll be a combined 70k a week now we're in the Championship

 

[SwissBlade]

We

We sell Ndiaye and Jebbison we may as well give up the academy.

Why? Thats been the point of the academy for as long as i can remember.

As a club, we use the sale of young players to keep moving forwards... and not become a Wednesday or a Derby Co

 

[BobblesBlade]

Why? Thats been the point of the academy for as long as i can remember.

As a club, we use the sale of young players to keep moving forwards... and not become a Wednesday or a Derby Co

We haven’t though have we. We move one step forwards and ten back do us Blades.
If you have no money use the youth coming through and move out the old or general rubbish players.

I staggers me that we loaned Jebbison out. We should have had him here in the Championship.

I really think Utd just get it wrong so many times.

 

[Chilttheblade]

We also had to buy the ground etc from the biggest blade ever.. There's clearly fuck all money left and we need to get the expensive duds like brewster, berge, McBurnie out as soon as possible

We didn’t have to buy the ground with Broadcast money,the owners could have put fresh money in. The owners from memory have not put any money in since they bought the club.
We might sell one of those players but to sell all of them would crystalize such a huge loss versus book value I cannot believe the owners would allow it.

 

[FallowfieldBlade]

Got this mental idea that maybe if we got our expensive signings back up to speed played them consistently not 10 mins off the bench then maybe they would look like the players we Hoped we had signed

Berge- Has been injured/unfit for best let of 12 months , any criticism regarding his performances is BS the lad has come back from injury and is building up fitness

Mcburnie - Whatever you think of him he has been injured / out with Covid for a long time and that’s not his fault. When he’s fit he needs gk be played he’s better than what we have atm

Brewster is proof of this he played 10 minutes here and there out of position , starts a few games in his best position and looks a different player

It isn’t rocket science

 

[Snowflake]

I'm not the best on these things, but from what i've read from other experts, its fairly normal and as you can see below, its something we've done regularly under the Prince. It's a way of leveraging cash quickly against guaranteed future income. Unfortunately, other than the loan against Rammers money, its not possible to see what the loan value is against the PL money.

It just means that whilst us fans expect the club to splash the cash year after year because we've got Parachute payments, those payments may already be assigned against loans that we have.

Its very very unlikely that we'd be wound up tomorrow due to the nature of the borrowing, but it does mean that we'll have to reduce the wage bill considerably over the next 1-2 years and sell some of the players we have invested in.

The problem is that whilst the money we've spent is big money for ourselves, it was a drop in the ocean in the Premier League, but come back down to the Championshiop and it becomes a huge amount because of the gulf between the Championship income and the Premier League.

These are the Outstanding Charges for "The Sheffield United Football Club Limited" (00061564) on Companies House:

21st December 2021 - Macquarie Bank - Loan Secured against Receivables from Arsenal )£8 million - 31 July 2022 and £8 million - 31 July 2023)

21st October 2021 - Macquarie Bank/ Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK683080, SYK587505, SYK566753, SYK521171, SYK491863, SYK168119, AND SYK610691

21st October 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Feb 2023 (no amount is listed)

1st July 2020 - Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK457849, SYK587505, SYK566753, SYK521171, SYK491863 and SYK168119 Intellectual property -Trademark’s with registration numbers: UK00003338951, UK00003424431, UK00003466711, UK00003283500 and UK00003283516

The below charges have now been satisfied on 1st Nov 2021 (perhaps with the first Rammers Payment), but worth noting as well:

18th August 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Jan 2023 (not including the relegation payment from the Basic Aware fund to be paid by the Premier League to Sheff United for ythe 2021/22 Season).

7th January 2021 - Macquarie Bank - All Premier League money up to and including July 2022, but excluding the Basic Award Fund to be paid by the Premier League for the 2022/23 Season.

31 July 2020 - Macquarie Bank - All Premier League money up to and including January 2022

That all looks reasonably ok to me, but like any business it now depends on how we perform on and off the field over the next 18 months.

 

[SwissBlade]

That all looks reasonably ok to me, but like any business it now depends on how we perform on and off the field over the next 18 months.

Yeah and we also don’t know the value of the loans secured against the Parachute payments. You’d want to assume we’ve been sensible and secured against part of them and not all.

Also the loan against the land assets, someone may know which assets these are, but I’d presume that we’ve just mortgaged the ground and training ground etc

 

[SwissBlade]

We haven’t though have we. We move one step forwards and ten back do us Blades.
If you have no money use the youth coming through and move out the old or general rubbish players.

I staggers me that we loaned Jebbison out. We should have had him here in the Championship.

I really think Utd just get it wrong so many times.

Yeah we have.

We sold DCL and Rammers when we were in league one which allowed us to bring in players that were suited to that division. And we got promoted.

We sold Brooks in the Championship, which allowed us to strengthen in that division. We got promoted.

In the past it’s not always been a direct success like that, but even selling the kyles allows us to maintain our wage structure.

 

[Yellarbellyblade]

Good post. It's difficult to accept there is no money because people think parachute payments mean money for transfers. Parachute payments were brought in to try and bridge the huge fall in income from relegation and to avoid a Portsmouth style situation where clubs have players on huge wages that they can no longer afford. We are actually using the parachute payments in the way they were designed to be used at the moment.

Our problem is we had one asset when we came down. Ramsdale. The rest are now worth far less then they were or, in most cases, worth noting at all due to the wages they are on here. No club is going to pay these players what we are so there are practically worthless to us.

Between them The Prince and Wilder oversaw 2 years of awful recruitment. To spend what we did and have one player from the lot you could deem a success is indefensible for me. I'm not going in on Wilder, he was the reason we were in The Premier League in the first place and he gave me the best times I've ever had as a Blade, but I really don't see how anyone can defend the recruitment in his final 2 years. They may not have been his first choices but he still sanctioned the deals. With the money spent we should at least have a promotion contending squad. In the end we didn't do a Norwich and bank the money and we didn't do a Villa and proper go for it. We ended up in the worst of both worlds where we didn't spend enough to be successful but spent all the money we earned on players now worthless to us.

I think it’s called doing a Stoke

 

[Revolution]

Got this mental idea that maybe if we got our expensive signings back up to speed played them consistently not 10 mins off the bench then maybe they would look like the players we Hoped we had signed

Berge- Has been injured/unfit for best let of 12 months , any criticism regarding his performances is BS the lad has come back from injury and is building up fitness

Mcburnie - Whatever you think of him he has been injured / out with Covid for a long time and that’s not his fault. When he’s fit he needs gk be played he’s better than what we have atm

Brewster is proof of this he played 10 minutes here and there out of position , starts a few games in his best position and looks a different player

It isn’t rocket science

I would have a lot more sympathy with McBurnie if he hadn't injured himself trying to foul someone at Southampton last season, and if he were vaccinated against Covid.

 

[Keen Blade]

He's never been even close to being a billionaire, his father has the money not him.
Why do you think Wednesday keep trying to sell season tickets in December and still haven refunded some fans for matches in 2019?

Why were wages paid very late 3 times?

Why has their ground not had anything spent on it for years?

So was it his Dad who gave him the £60m to buy the ground ? Genuinely interested. And has his Dad cut off his pocket money now ?
That'd be great to hear.
I don't follow the Pigs closely + I got the impression it was only FFP which had prevented further investment from the Tuna guy

 

[Keen Blade]

Kin‘ ell pass the Samaritans number quick !

It's only football

 

[Keen Blade]

I would have a lot more sympathy with McBurnie if he hadn't injured himself trying to foul someone at Southampton last season, and if he were vaccinated against Covid.

Didn't he injure himself in a pathetically bad dive trying to con the ref who was 2 yards away ?
Or was that another stupid self-inflicted antic ?

 

[Champagneblade]

There are a number of reasons and its not that simplistic to say that there are no takers. Of the Big Signings we made in the Premier League:

Callum Robinson - Sold with Burke as part of the deal. Profit
Luke Freeman - Loaned and in and out of the squad due to form and fitness.
Moussett - Scores goals, but never fit, can't get 90 mins out of him let alone a run of games. Currently several KG's overweight and not currently with the Squad.
McBurnie - Hardly seen this season, Lack of form, Injuries, illness.
Berge - Lack of Form and Injuries. Now starting to get games in.
Rammers - Sold for a Profit

I'd say that by the summer that we need to sell or release 1-3 of these or JOC (if we can get him fit). If we can't then it'll be Ndiaye and Jebbison on their way for less than we'd be able to sell them for in 2-3 years, but as a necessity to get some money in over the summer.

Curious on your take for Robinson as profit.

Didn't we spend 7m on him, there or thereabouts and got Burke plus 1-2m for him? Burke we'll end up letting go for nothing just to rid us of his wages. So we'll effectively have lost about 5m on Robinson?

 

[gordoncharles]

In the end we didn't do a Norwich and bank the money and we didn't do a Villa and proper go for it. We ended up in the worst of both worlds where we didn't spend enough to be successful but spent all the money we earned on players now worthless to us.

Norwich spent next to nothing on new players - and still didn't make any money in 2019/20. The PL is not what most people think it is, from a club's point of view.

In fact, we made £15m more profit than they did, albeit we spent a lot more cash on players only to find their values plummet (for reasons we can all see with our own eyes).

As it turned out, we'd have been better off getting relegated along with them. We may well have gone straight back up or done what Bournemouth are doing.

How very Zen.

 

[Revolution]

Norwich spent next to nothing on new players - and still didn't make any money in 2019/20. The PL is not what most people think it is, from a club's point of view.

In fact, we made £15m more profit than they did, albeit we spent a lot more cash on players only to find their values plummet (for reasons we can all see with our own eyes).

As it turned out, we'd have been better off getting relegated along with them. We may well have gone straight back up or done what Bournemouth are doing.

How very Zen.

We made the biggest profit in British football in 2019-20.

I think with the way this club is run it is a big stretch to say we'd have been better getting relegated. Apart from the fact that 2019-20 was a special season by our standards, I do not see how anyone can assume we may well have gone straight back up or be challenging. We never do that, and we are poorly run. It'll be the usual decade-12 years to get back.

 

[Keen Blade]

We didn’t have to buy the ground with Broadcast money,the owners could have put fresh money in. The owners from memory have not put any money in since they bought the club.
We might sell one of those players but to sell all of them would crystalize such a huge loss versus book value I cannot believe the owners would allow it.

The club borrowed the money to buy the ground and the loan is not yet repaid to the bank.
The owners never promised to put in any money of their own.
Nobody will buy any of those players for a fee worth having because they won't pay such wages for crap players.
Unlike us.

 

[gordoncharles]

We made the biggest profit in British football in 2019-20.

I think with the way this club is run it is a big stretch to say we'd have been better getting relegated. Apart from the fact that 2019-20 was a special season by our standards, I do not see how anyone can assume we may well have gone straight back up or be challenging. We never do that, and we are poorly run. It'll be the usual decade-12 years to get back.

This is the age-old question isn't it, but it's all built on hindsight. Two years ago we were steaming along very nicely, little did we know that we'd actually chartered HMSPTL from those who usually sail it, and were about to capsize.

All I'm saying is that we wouldn't be in this financial mess right now. We might well have been in another, but equally, if we'd been in a (failed) relegation battle in January 2020 we wouldn't now have Berge, Brewster or Burke.

You're quite right to say that we would probably be in an entirely different financial crisis, but I think that says more about the world-weary view that supporting Sheffield United brings than anything else. We're the glass-half-empty club, and with good reason.

 

[SwissBlade]

Curious on your take for Robinson as profit.

Didn't we spend 7m on him, there or thereabouts and got Burke plus 1-2m for him? Burke we'll end up letting go for nothing just to rid us of his wages. So we'll effectively have lost about 5m on Robinson?

Yeah the undisclosed fee was reported as £7million rising to £10m with add ons, which presumably none of which were met.

The fee which we received for Robinson, again undisclosed was reported as £5.5 in some sources... I understood previously that we received our money back for Robinson plus Burke on top. Perhaps they paid a loan fee as well.

Seems like i could be wrong on that one! Burke, we want a fee for, so lets see.

Just realised that i missed brewster off the list.. but i'd say he's the one that shows potential to keep or exceed his value. It might just take a long time

 

[Barry Butlin]

Do people realise what will happen if we do? We will replace them with cheap inferior shite. Look at what is happening with Olsen, we are getting rid of him and replacing him with Stokes 3rd choice, who has never done anything of note anywhere. I'm not saying Olsen has been brilliant, but he's a far better keeper than Fielding. We had a manager who knew how to get out of this division, and he was sacked because the board had no interest in backing him and bringing in the players he/we needed. Our only hope this season is hoping Hecky can get Berge, Mcburnie etc playing well week in week out. Once these players have been sold, I worry about our future. The board have basically told us they lost interest, we need to do something this season, or our promotion hopes are over until the Prince finds a buyer (which I get a bad feeling could be years). Sorry to be negative, but this is how I see it .

To think there are worse players out there than Berge and Mcburnie is mind blowing !!

 

[bakeblade]

Yeah the undisclosed fee was reported as £7million rising to £10m with add ons, which presumably none of which were met.

The fee which we received for Robinson, again undisclosed was reported as £5.5 in some sources... I understood previously that we received our money back for Robinson plus Burke on top. Perhaps they paid a loan fee as well.

Seems like i could be wrong on that one! Burke, we want a fee for, so lets see.

Just realised that i missed brewster off the list.. but i'd say he's the one that shows potential to keep or exceed his value. It might just take a long time

You must have seen something in Brewster I haven't, to me he looks at best an average league one striker.

 

[secretchief]

Our last successful transfer was Ramsdale.
Before that it was (arguably) Moussett.
Before that it was Norwood in January 2019 (he is giving out a bit and never scores but overall has served us well). Exactly three years ago.

Two and a half successful transfers over the past three years.

Our scouting system and transfer strategy is an absolute joke. It is incredible to me that the club has never tried to implement any kind of structure or set of principles to improve it.

 

[Champagneblade]

Our last successful transfer was Ramsdale.
Before that it was (arguably) Moussett.
Before that it was Norwood in January 2019 (he is giving out a bit and never scores but overall has served us well). Exactly three years ago.

Two and a half successful transfers over the past three years.

Our scouting system and transfer strategy is an absolute joke. It is incredible to me that the club has never tried to implement any kind of structure or set of principles to improve it.

You might even have Ramsdale as a half. We're all guilty of recency bias but he was as bad as everyone else up until Christmas. I swear the goals he conceded against Wolves and Villa were almost as if he had sand in his boots!

 

[Keen Blade]

I'm not the best on these things, but from what i've read from other experts, its fairly normal and as you can see below, its something we've done regularly under the Prince. It's a way of leveraging cash quickly against guaranteed future income. Unfortunately, other than the loan against Rammers money, its not possible to see what the loan value is against the PL money.

It just means that whilst us fans expect the club to splash the cash year after year because we've got Parachute payments, those payments may already be assigned against loans that we have.

Its very very unlikely that we'd be wound up tomorrow due to the nature of the borrowing, but it does mean that we'll have to reduce the wage bill considerably over the next 1-2 years and sell some of the players we have invested in.

The problem is that whilst the money we've spent is big money for ourselves, it was a drop in the ocean in the Premier League, but come back down to the Championshiop and it becomes a huge amount because of the gulf between the Championship income and the Premier League.

These are the Outstanding Charges for "The Sheffield United Football Club Limited" (00061564) on Companies House:

21st December 2021 - Macquarie Bank - Loan Secured against Receivables from Arsenal )£8 million - 31 July 2022 and £8 million - 31 July 2023)

21st October 2021 - Macquarie Bank/ Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK683080, SYK587505, SYK566753, SYK521171, SYK491863, SYK168119, AND SYK610691

21st October 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Feb 2023 (no amount is listed)

1st July 2020 - Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK457849, SYK587505, SYK566753, SYK521171, SYK491863 and SYK168119 Intellectual property -Trademark’s with registration numbers: UK00003338951, UK00003424431, UK00003466711, UK00003283500 and UK00003283516

The below charges have now been satisfied on 1st Nov 2021 (perhaps with the first Rammers Payment), but worth noting as well:

18th August 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Jan 2023 (not including the relegation payment from the Basic Aware fund to be paid by the Premier League to Sheff United for ythe 2021/22 Season).

7th January 2021 - Macquarie Bank - All Premier League money up to and including July 2022, but excluding the Basic Award Fund to be paid by the Premier League for the 2022/23 Season.

31 July 2020 - Macquarie Bank - All Premier League money up to and including January 2022

I am indebted to your research.
Maybe I'm too simplistic , but would a company incur commercial interest payments for bank borrowing if its own cashflow was healthy enough to meet its financial obligations as they fall due ?
My interpretation of the bank borrowing is that we are , in layman's terms , hocked-up to the hilt just to meet our biggest outgoings which are obviously player wages and the payoffs for Wilder & Slav.
If that is correct , we have no realistic prospect of reshaping the squad which is full of well-paid duds who themselves must feel tied to our sinking ship , because even if they wanted a move , they could not get equivalent wages elsewhere.
Consequently they sit financially comfortable but utterly demotivated and disinterested in their own progression , let alone the club's.
Due to the financial influences which we all know are strangling the game outside the PL , I can't think of a worse position for us to be in.
I've followed us up hill + down dale since the late 60s , but even in the unpalatable descent to the 4th division , the money involved was all on a smaller scale , which allowed us to refresh the squad and recover from failure.
The nature of our present predicament , relying on loans of money and loans of players , unable to make even one permanent signing which might improve us , leaves me numb.
It's the first time in 55 years that I have imagined it could really be the end.
Not of me !
Of the club.
Because this owner is not here for the descent down the divisions.
And he's disappeared from the stage like a magician's assistant.
I am looking for any crumb of comfort , by the end of this month , to suggest hope :
A quality CB.
Any permanent signing.
The shifting-out , on sale or loan , of any of the expensive duds.
A renewal of MGW loan.
Just any straw at which we can clutch.