sheffielder
Welcome Positive Nigel
A few more positive fans would help. Luckily they only get to hear you if they log on here
Let me spell it out for you Clappers
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A few more positive fans would help. Luckily they only get to hear you if they log on here
metalblade
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- #93
That's not true. I ridiclule Monty when he tries to pass it, laughed at Simo when he managed to hold the ball and sang 'you don't what you're doing' to Adams and 'Blackwell Out' as loud as I have sung anything before. Not that I was on my own by a long way I hasten to add.
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- #94
Yes I am.
You'll laugh/ridicule no doubt but I am certain that all he is doing is trying to recoup some of his losses. As above, if cash is taken out of SUFC Ltd it can be used in Scarborough to cover a loss making property company. It really is as simple as that. Good letter but no need for it to be sent - I have told you what is happening!
My fear is not how much the rent is as SUFC are gone as a meaningful club no matter what the figure is, but rather will SUFC be playing at BDTBL in 25 years time etc. That we are even considering the possibility of someone buying Ltd co and paying rent to McCabe for use of BDTBL is horrifying.
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- #95
Correct - that is what should be happening.
Patrick Suffaux
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Who said anything about SUFC Ltd being bought?
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- #97
I think it is common knoweldge that McCabe wants out isn't it? Fair enough - but don't keep the land.
Plenty of posts above about what could happen isn't there?
So let me get this clear.
Because you have told what is happening, you are not even willing to pay the price of a stamp to try to get it from the horse's mouth.
I am afraid you have just lost what last remaining shred of credibility you had.
alcoblade
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Why is that? Because we're currently shit, or becaase the club don't directly own the ground? Why does it make a difference, and how did Man City win the league last year?
UTB
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I haven't really had any credibility to lose in your eyes so couldn't give a toss what you think. You honestly think you'd get a meaningful reply - not a chance.
The letter would need alot of tweaking as you got it totally wrong about shares etc. Plus it's yours faithfully aint it?
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- #101
Maybe because we are in the pub league with a pathetic squad of players and a chairman who wants out/his wedge back? Yeah - nice comparison with Man City, I can just see us emulating them.
mattbianco1
Forum Royalty
What would you think if a rich oil tycoon said I will buy the club from you but not the ground. I'm not interested in the ground, i just want the club. I will pay off all that you are owed and i have £100,000,000,000 to spend on new players. We will then continue to rent the stadium from McCabe Estates (or whatever they're known as)
Please feel tweak as you see fit.
Why not send off the letter and see if you get a meaningful reply. What have you got to lose? If you do get some corporate guff, you can post the reply on here and we can then admit you were right all along.
Why not send off the letter and see if you get a meaningful reply. What have you got to lose? If you do get some corporate guff, you can post the reply on here and we can then admit you were right all along.
metalblade
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Not going to happen.................... in a few years I can see most of the car parks being full of high rise apartments, student flats and small retail outlets. We already have a hotel and business centre eating into land that should be there for football club development and now they want to build on the back of the kop/south stand corner, in a few years it will not be worth buying back, not as a football stadium anyway.
Patrick Suffaux
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I'm not sure that is common knowledge in terms of it being a fact. The word I keep hearing/reading is investment rather than the actual sale of the football club.
There are several different possiblities here and everyone can only make assumptions. My guess is that the McCabes want to keep their hand in the club but attract investment into the playing side only. Effectively keeping all of the assets within the SUFC group so that any potential investors can stake their claim for assets on the pitch only. In short it would appear to me that they are desperate for someone else to fund the football side of things without putting the tangible assets of the club at risk.
By doing this it perceivably protects both the club and KM's previous investment as no matter what, his company will continue to own the most valuable asset the club has.....its land and the stadium. Seems fair enough to me but then again I can only speculate like your good self.
mattbianco1
Forum Royalty
Do you always search for negatives when positives are right in front of you?
Are you the type of person who when asked how we played today in our 5-0 hammering of some random L1 team reply with. Overall OK but Monty was wank"
Are you the type that sits in the pub before each game and when asked what you think the score will be answer "God know, they could turn us over because they're bottom and are due a win"
General questions BTW
Dear Sir
I am a shareholder in Sheffield United plc and I am am writing to you regarding a matter that is causing concern to me and, I believe, a number of other shareholders and supporters of Sheffield United.
A letter was sent to me on [whenever it was] indicating that that the Board of Directors of SUFC Ltd had decided that ownership of the Freeholds of Bramall Lane and Shirecliffe was to be transferred from SUFC Ltd to SUFC plc and it was stated that this was to facilitate investment into the football club [I can't recall the exact words and if you have them to hand these should be quoted]. As I am sure you will appreciate, transferring the ownership of the ground upon which Sheffield United have played for almost 125 years to a different company would appear to be a major decision and I am afraid that I really do not understand , on the basis of the letter of [whetever date] why this step was taken. On the face of it, the decision is worrying in that a number of other clubs who have relinqusihed ownership of their grounds have later suffered serious problems as a result.
I am sure that, in making this decision, the Board of Directors of SUFC Ltd had the best interests of the company at heart, but it would certainly set my mind at rest if you would write to me and let me have some more details as to why this decision was taken - in particular why it is thought that seperating the ownership of Bramall Lane and Shirecliffe from SUFC ltd will facilitate greater investment.
Thank you for your assistance.
Yours faithfully
There you are I have tweaked it for you. You can just copy and paste and send it now.
beightonblade
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For me McCabe lost his credibility years ago ............... I wouldn't believe a word he said until it was history.
The whole 'freehold' issue is a farce and will end in tears............ IF he had the future of the Blades as number 1 priority there are numerous ways he could have handled the transfer and made it common knowledge at the same time grabbing back some 'hero worship'.
The whole 'freehold' issue is a farce and will end in tears............ IF he had the future of the Blades as number 1 priority there are numerous ways he could have handled the transfer and made it common knowledge at the same time grabbing back some 'hero worship'.
sheffielder
Welcome Positive Nigel
I thought scarborough or the PLC at least made 18m to february this year. Can you link me to the losses?
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- #111
Wonder if the widow of the Forest Chairman has retained the ground etc to recoup some family losses? Plenty of clubs change hands with previous owner way out of pocket but they don't charge rent. Accept that he may want to sell 50% of the club but that share is still devalued if rent is charged at the expense of fudning the team. we may only be talking nominal - hope so - but even the the principal of it stinks for me.
It is very rare in my opinion and this notion that McCabe is doing it to protect the club is way out for me but fair enough if you think so of course.
It is very rare in my opinion and this notion that McCabe is doing it to protect the club is way out for me but fair enough if you think so of course.
alcoblade
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My questions were serious and not pointed. I thought you were suggesting that we were finished as an entity because thge club no longer owned the ground. Now we've established it's not that, then we can get to the root cause (in your eyes) - lack of investment. So my comparison with Man City, who don't own their ground and didn't before investment, holds water.
UTB
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- #113
Appears you have no interest in the history or future of SUFC Alco. I want us playing at BDTBL without renting it for as long as I live and beyond. OK Man City are laughing now but plenty weren't happy about leaving maine Road.
metalblade
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If he had the Blades as #1 priority he would have stated we will have a long lease paying a peppercorn rent and a buy back option, what do we hear plans for high rise apartments and retail outlets behind the kop, no mention of actually re-developing the kop an area of the ground with piss poor facilities, that would be too much to ask for the fans of a football club. Property first football second is all this clubs fans have to look forward to.
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- #115
As far as I can tell Scarborough Group International Limited is the ultimate parent company and my information suggest that accounst to Feb 2012 have not yet been submitted.
If you want a good laugh - have a look at the 2011 results on Companies House website.
alcoblade
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I will pack in with football if we move from BDTBL. I can get angry about paying Monty, Cresswell, Morgan and Quinn up to a million pounds a year, and the running up of excsessive debt chasing a property bubble. I can't get fluxed by ( in itself) the payment of a rent from the club to the PLC.
Man United were a wholly owned unit. They were purchased with their own money and saddled with £650M of debt overnight. If the owners want to shaft you, they can. I don't see what changed by the transfer of some paperwork.
UTB
Patrick Suffaux
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This thread is 2 days in and still only shows one thing.....
That KM's supposed intentions can be whatever you want them to be depending on what side of the fence you sit on. Not a single person in this thread has any evidence to support their opinion that it will be good/bad for the club. Its all based on pure speculation.
Time will tell.
That KM's supposed intentions can be whatever you want them to be depending on what side of the fence you sit on. Not a single person in this thread has any evidence to support their opinion that it will be good/bad for the club. Its all based on pure speculation.
Time will tell.
Or a shareholder might want to actually ask the company what is going on rather than spouting provocative bollocks on a message board...
Patrick Suffaux
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Exactly and the same man owns both companies. The only thing to debate here is how much the rent might be.....interesting stuff
Think this thread should be closed now to be honest. Those of a negative persuasion will use different words to repeat the same point and those of a positive persuasion can argue the toss forever and a day. Everyone is entrenched in their own view. Move on.
Patrick Suffaux
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Quite.....but that all depends on whether said shareholder actually wants to know.
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