This has been posted before, but I think it shows why we are where we are now.
http://www.footballeconomy.com/content/sheffield-united-football-club-ltd
In the PL season we spent only 57.6% of turnover on wages = £22.4M. The following season, with a reduced turnover, we spent 77.8% on wages - an absolutely greater figure of just short of £25m.
If McCabe gave Warnock the same financial backing in 06-07 as he gave Robson in 07-08, I rather think we would have got that extra goal we needed to stay up.
http://www.footballeconomy.com/content/sheffield-united-football-club-ltd
In the PL season we spent only 57.6% of turnover on wages = £22.4M. The following season, with a reduced turnover, we spent 77.8% on wages - an absolutely greater figure of just short of £25m.
If McCabe gave Warnock the same financial backing in 06-07 as he gave Robson in 07-08, I rather think we would have got that extra goal we needed to stay up.