Blackwell - plonker

[Highbury_Blade]

1. Possibly. I'd wager if we are challenging for promotion every season crowds might possibly drop to about the 22,000 level. I think that level would enable us to budget for a squad that could push for play-off spots.

2. If the bid is successful THEN i'd wager we might see more investment in the playing squad.

3.The shower of shit that is Wednesday is a totally different case to us. Wednesday overstretched themselves and are now paying the price for it. We on the other hand, look pretty rosy according to the accounts. They are living proof of the risk involved in competing at the top level.

There is far less risk in operating at this level.

 

[Highbury_Blade]

1. Possibly. I'd wager if we are challenging for promotion every season crowds might possibly drop to about the 22,000 level. I think that level would enable us to budget for a squad that could push for play-off spots.

2. If the bid is successful THEN i'd wager we might see more investment in the playing squad.

3.The shower of shit that is Wednesday is a totally different case to us. Wednesday overstretched themselves and are now paying the price for it. We on the other hand, look pretty rosy according to the accounts. They are living proof of the risk involved in competing at the top level.

There is far less risk in operating at this level.

 

[mattbianco1]

Isn't that like saying that instead of a Sheffield United fan, you are a Blackwell obsessive... more concerned with what is happening with the manager instead of looking at the wider picture of the team?

Good answer!

 

[mattbianco1]

Micalijo - Plonker

^^^Title says it all ^^^

 

[Autumn]

I can see exactly where you're coming from. The increase in terms of profile and turnover that Premier League football would bring would be disastrous to McCabe's investments off the pitch. Of all the shit posted on United forums, the posts saying McCabe would rather be in the 2nd tier are the stupidest of them all

Hmm, you are talking long term, I am talking short term.

I'm no longer down the lane these days, so the long term prospectus may have indeed changed. But you are not listening, and you aren't looking at the bigger picture.

If we were heading for a massive push, more money would be invested into the football side over the business side. The business side has had millions invested, and is millions in debt, yet the football side has to make sacrifices.

So from what I know, what I went to meetings over, yes short term, CCC is comfy, it makes a lovely profit.

But Mccabe does have ambition, but he takes his time and likes a bargain

 

[DuncDisorderly]

Why should I shut up? No I am not dreaming it up. .

Can I refer you to your own words when you said...

I also believe (with no evidence of course) he has borrowed money on back of BDTBL and used that to fund the now struggling property investments. .

Is this not something that you have 'dreamed up' and are now suggesting as fact?

to portray me as some kind of lunatic is I think unfair Duncs. You can come up with all the 'McCabe knows what he is doing' stuff and I'm sure he does but he can't control the global economy. .

I haven't portrayed you as a lunatic. Irrational, yes. Obsessive, yes, but not a lunatic.

McCabe is a skillful and successful businessman for sure. I know he doesn't control the economy any more than I do, but he has managed to amass a fortune greater than any of us, so a certain amount of respect is due.

I don't like property developers Dunc - simple as that. Makes me feel ill the money they make out of it, like bankers. I've said my views are clouded by this so just ignore me if you don't like it.

*see my earlier comment. Why would you feel any different about them to anyone else who makes money out of what they do? Property people make money often by regenerating areas that no-one else would do, (councils and government for example), they give people places to live and work.

What I do think is McCabe does have best interests of SUFC at heart, no doubt about it, I just think he has got it badly wrong with Robson, Blackwell and now these huge property links.

I had no idea you thought like that...

 

[Micalijo]

I said above I think the accounts give a small degree of credibility to what I'm saying. - hence it is not a dream. Realty's bank overdraft is not a dream. You'll probably say I'm doing it for myself, but you're trying to make me look daft and I think this selective quoting style of response is pretty poor from you.

What's your view on the huge debt of Realty? If you aint got one fine but I'm talking about somat I'm interested in and don't see need for irrational and obsessive comebacks from you but increasingly that is your style of response now.

Not sure how you can compare McCabe to council regeneration projects but if you are saying McCabe and the like build these places for the greater good I couldn't disagree more.

I really don't see it as controversial to express concern that SUFC plc own 50% of such vast liabilities in a property company. Maybe I could do it better but believe it or not, and you'll be chuffed to know, I aint got hours to compose a carefully crafted post on the subject.

 

[beightonblade]

Mr McCabe is shit hot in the property game and piss poor in the footballing game....................he's probably just made his best footballing appointment with Sir Clevor Trevor.

 

[Fiery Blade]

Sorry Guys
On holiday at the moment soaking up the sun
Just spent the whole afternoon watching ManUre smash Wet Sham and keepinh an eye on Jeff Stelling for news
Left it late
But back on winning ways despite the clown
BLACKWELL OUT !

 

[DuncDisorderly]

I'm talking about somat I'm interested in and don't see need for irrational and obsessive comebacks from you but increasingly that is your style of response now.

You started it...

Personally, I know I'd rather owe money against property than have an overdraft. But actually, I don't think there are enough details available to us about the structure of the debt to have much of an opinion about it. I'd rather the club was in the black everywhere, but a certain amount of debt is not disasterous. Its how we all buy our homes after all.

Your original assertion that Mr McCabe is somehow propping up his property business with the resources of the football club is problematic. If he was doing that, is would have questionable legality under company law. Making those assertions on a public internet forum without any evidence could be considered as 'un-wise', and is the source for my 'shut up' remark. By all means, dig in the accounts, find the proof, publish it and I will applaud you for it.

Last word about property developers. I don't portray them as saints, but they are not the devils you seem to think either. There are lots of areas of the country that have been regenerated thanks to them. Pretty much all private housing stock is the result of a property developer sticking his cash in to a hole in the ground to see if he can get a return. Pronouncing them all as some kind of evil curse upon us...too much...

 

[beightonblade]

As i've said before yer may as well read the Beano as the accounts.

Against company law ?

 

[Micalijo]

You started it...

Personally, I know I'd rather owe money against property than have an overdraft. But actually, I don't think there are enough details available to us about the structure of the debt to have much of an opinion about it. I'd rather the club was in the black everywhere, but a certain amount of debt is not disasterous. Its how we all buy our homes after all.

Your original assertion that Mr McCabe is somehow propping up his property business with the resources of the football club is problematic. If he was doing that, is would have questionable legality under company law. Making those assertions on a public internet forum without any evidence could be considered as 'un-wise', and is the source for my 'shut up' remark. By all means, dig in the accounts, find the proof, publish it and I will applaud you for it.

Last word about property developers. I don't portray them as saints, but they are not the devils you seem to think either. There are lots of areas of the country that have been regenerated thanks to them. Pretty much all private housing stock is the result of a property developer sticking his cash in to a hole in the ground to see if he can get a return. Pronouncing them all as some kind of evil curse upon us...too much...

Duncs - you are aware aren't you that SUFC is basically part of a wider property group, owned by McCabe? Obviously your are but I'm just checking for 100% confirmation.

How can I be making problematical comments when I'm pretty sure he is perfectly entitled to do what I think he possibly has (and very probably hasn't) been doing? He can do what he likes within that group set-up and I aint for one minute suggesting anything legally untoward has happened. There is nowt wrong with charges been spread across various companies within a group - happens all the time as I'm sure you'll know. If I'm wrong on this (whether you can cross guarantee between companies within a group) then yes I agree I need to shut up because yes I have suggested he could be doing that in some way shape or form.

Have you read the accounts? Anyone would think it was Wimpey Homes or somat like that we were looking at not a football club. My problem all along has been the affect the property is having on the football side. I thought it was having no impact at all - now I'm worried it is a negative influence on the football. I think the accounts give me a bit of backing, certainly enough to allow me to make a few reasonably sensible comments about where I think the borrowing has come from. Hopefully in a few years time we will reap the rewards of McCabe's vision.

 

[DuncDisorderly]

Duncs - you are aware aren't you that SUFC is basically part of a wider property group, owned by McCabe? Obviously your are but I'm just checking for 100% confirmation.

I suggested a few weeks ago that for the purpose of finding investment it would be best if we were seen as am international property company with a international football brand, which ruffled a few feathers at the time. I'm perfectly onboard with the presentation of SUFC plc, and with Kevin McCabes wider business empire.

As for the rest, I'm sure in the fullness of time it will all become clear. Having a decent understanding of company law and managhement I'm sure there is enough scrutiny of the actions of the individuals and boards concerned. As we seem to agree (hurrah! ) that Mr McCabe DOES have the best interests of the club at heart, I'm really not that concerned...

 

[Pinchy]

As i've said before yer may as well read the Beano as the accounts.

Against company law ?

Some people on here draw their English from the Beano!