For the sake of God stop making footballing decisions

[Pragmatic Blade]

Pragmatic, I agree in principle but do you honestly think people will stop going in those numbers? Also doesn't that just give McCabe a hook to hang his hat on when he pulls investment totally from the team. He strikes me as a stubborn arse who would sit there with his arms crossed, blaming fans for all the clubs failings.

I think the gates will drop off but not to those levels. I am not sure whether McCabe blames the fans. He blames everyone but himself, such as West Ham, Carlos Tevez, Neil Warnock, the FA Premier League, the list goes on. He is always the victim, and paints SUFC as the victim to the outside football world.

In order for the club the move forward, it is about time we focused on the present and immediate future, stop dwelling on the things that have happened and set the club up for better times. At the moment, I do not think we will attract any investment or injection of new ideas because McCabe is so paranoid and isolationist in his role as Chairman. It is only the fans who could remove him by hounding him out much in the same way Reg Brearley was in the end.

 

[shorehamview]

Like I said naive some fans, lets look at it logically we have another 23 clubs in league one the vast majority who don't have an owner pumping in £1m per month yet they all survive and do so on a fan base only half and sometimes a quarter of what we can muster. You can put FACT after that should you so wish, believe Mcwobble gob if you wish fans like you SV are as much the problem at the lane as KM himself. Perhaps you could cut out the smart arse posts and enlighten the growing number of fans who are wondering just where this magical figure of £1m per month is going and why the other 35% of turn over can't cover the costs of the day to day running. Of course I don't expect an answer just more smart arse comments to support KM.

McCabe says he's putting in £1 million a month, you say he's lying, and it's my fault that United are struggling though. You do talk some shit if you think that it's my fault United are in the third division with poor players. I'm not supporting McCabe, I'm just wondering where your proof is that he is lying about the money he is putting in.

Perhaps fans like you are to blame, for always being negative and never supporting or believing anything that the club does. Of course that's not the case, any more than it's my fault United are struggling, but some people would have us believe that it is the fault of the supporters for putting up with it, despite our often stated views to the contrary.

If you truly believe that it's my fault that Sheffield United are where they are then you are an idiot. And that's arguably not personal abuse, it's more a fact.

See what I did there?

 

[metalblade]

McCabe says he's putting in £1 million a month, you say he's lying, and it's my fault that United are struggling though. You do talk some shit if you think that it's my fault United are in the third division with poor players. I'm not supporting McCabe, I'm just wondering where your proof is that he is lying about the money he is putting in.

Perhaps fans like you are to blame, for always being negative and never supporting or believing anything that the club does. Of course that's not the case, any more than it's my fault United are struggling, but some people would have us believe that it is the fault of the supporters for putting up with it, despite our often stated views to the contrary.

If you truly believe that it's my fault that Sheffield United are where they are then you are an idiot. And that's arguably not personal abuse, it's more a fact.

See what I did there?

So you are not going to enlighten all the fans waiting with baited breath as to where this mystical million pounds is going each month ? ................................. thought not. Keep on clapping !!!

 

[shorehamview]

So you are not going to enlighten all the fans waiting with baited breath as to where this mystical million pounds is going each month ? ................................. thought not. Keep on clapping !!!

McCabe said he was putting in £1 million a month. He didn't give us an exact breakdown of where and how it was spent, but hey, if you say he is lying then of course you can prove that he's lying, can't you? I'm a country mile away from clapping, but again, you see fit to blame me for all our woes. Get your head out of your arse and stop blaming fans who can see clearly that we are shit and offer some proof that McCabe is lying. I'm not happy with the situation we are in, but I reckon that it takes a large sum of money just to keep us ticking over purely in a business sense, given the number of crap players that are bound to be on big contracts.

Still, keep blaming the fans. It must be our fault, because you have said it is and people don't lie, except for McCabe, because you say so.

 

[SouthEssexBlade]

I can't see what the issue is. McCabe has bungled just about every decision since that Wigan game and now that is costing him financially. He says £1m per month, might be accurate probably a guestimate, but I've no doubt that expenditure exceeds income at BTDBL and somebody has to find the shortfall. Again some pillock agreed the ridiculous contracts, so said pillock has to stump up!

Quite where doddering old git fans like SV fit in I don't know. Unless there's a direct correlation between the demise of the Blades and the rise of the fish finger wrap!

 

[Rodley]

McCabe said he was putting in £1 million a month. He didn't give us an exact breakdown of where and how it was spent, but hey, if you say he is lying then of course you can prove that he's lying, can't you? I'm a country mile away from clapping, but again, you see fit to blame me for all our woes. Get your head out of your arse and stop blaming fans who can see clearly that we are shit and offer some proof that McCabe is lying. I'm not happy with the situation we are in, but I reckon that it takes a large sum of money just to keep us ticking over purely in a business sense, given the number of crap players that are bound to be on big contracts.

Still, keep blaming the fans. It must be our fault, because you have said it is and people don't lie, except for McCabe, because you say so.

Tssk... keep on clapping shorehamview

 

[SouthEssexBlade]

Tssk... keep on clapping shorehamview

It's hard to clap,
with a fistful of wrap....innit

(Dr Birdseye Snoopy Ten Bob - 2013)

 

[Rodley]

As usual Rodley you have had a couple of not so smart quips at others and added nothing of note yourself. You care to enlighten us with your world view?

It's a default response whenever the 'Clapper' word is dredged up (again? seriously? aren't we all aware we're dogturd?) by whoever this year's watered-down version of Len is.

 

[cooperblade]

Like I said naive some fans, lets look at it logically we have another 23 clubs in league one the vast majority who don't have an owner pumping in £1m per month yet they all survive and do so on a fan base only half and sometimes a quarter of what we can muster. You can put FACT after that should you so wish, believe Mcwobble gob if you wish fans like you SV are as much the problem at the lane as KM himself. Perhaps you could cut out the smart arse posts and enlighten the growing number of fans who are wondering just where this magical figure of £1m per month is going and why the other 35% of turn over can't cover the costs of the day to day running. Of course I don't expect an answer just more smart arse comments to support KM.

I'd hazard a guess that not many of the other 23 league clubs have done things like pay James Beattie £2,000,000 a year, Lee Hendrie £700,000 a year, Gary Naysmith £850,000 a year, Ugo Ehiogu £700,000 a year, Gary Speed £700,000 a year, Steve Simonsen £600,000 a year etc etc etc. They probably haven't had to send failed Chief Executives on their way with a cheque for close to £1m either.

I'm guessing of course with the numbers but it doesn't take a genius to see where the money has gone.

I'm sure if we were starting from a position of £0, we wouldn't need £1m a month (or whatever the true figure is) putting in. That dream scenario went out the window the day we appointed Bryan Robson.

We're a bit like the bloke who decided he'd borrow money he couldn't afford for a 42" TV and a massive fish tank from wonga.com - screwed.

 

[KenMcnaughtsNuts]

if hes losing (i presume "putting in" means losing, not putting it in then taking it back out again????) £1m a month then surely he would be better off just giving the club to someone else who would do the job a thousand times better than he can?

what is the point waiting for a buyer, if youre losing more money during the waiting than you want from the selling?

not that i actually believe hes losing or spending anything

 

[Linz]

Hi
This is my first post as I didn't know of this forum and Id just like to say 2 things...

Welcome to the forum

 

[Bladesway]

It's a default response whenever the 'Clapper' word is dredged up (again? seriously? aren't we all aware we're dogturd?) by whoever this year's watered-down version of Len is.

All fine and well but what is your opinion on the points raised.

I am still none the wiser.

 

[Rodley]

Opinion on what? There's nothing to have an opinion on really - potted history of United with the obligatory dig at Warnock and the page-turning twist of an ending that we're shit. I've not had an epiphany overnight, I've slowly realised this game by game in the last 3 or 4 years.

I just find it tedious that some have to (a) continually reiterate how crap we are in 1000s of new and unusual ways (see above), and (b) occasionally berate fans who don't agree with boycotting games/give up now/the end is nigh. Incidentally the case of (b) my view is that there are plenty of bigger Blades than me and credit to them. When McCabe is a footnote in our history, there'll still be there home and away backing the beloved red and white. Fair play to them I say. The liveblood of our club.

Equally if some individual's energy used on here was utilised to effect positive change - attending Ask the Chairmen meetings and going after McCabe, trying to get representation at boardroom level, trying to get a supporter's group together with some form of critical mass, I'd say "fair play for doing it, happy to make a donation, print off some flyers at a push, etc". But if its used to tell people how shit things are and how they are twats for not agreeing (acutely annoying when we're all unhappy about things), I'll keep up the sarcastic remarks.

 

[Deleted member 875]

To be honest I think your mental to think Blackwell and Speed were bad managers. Then Blackwell Should not have been sacked and Speed was starting to get good and Wales took him too soon. Then Speed wasn't good at the start but then started to be come good. So that could of happened to us. And we should of got Warnock in just until the end of the season. Jamie Murphy is not on loan. Shows how much you know

Should we get Warnock in on loan then?

 

[Bladesway]

Opinion on what? There's nothing to have an opinion on really - potted history of United with the obligatory dig at Warnock and the page-turning twist of an ending that we're shit. I've not had an epiphany overnight, I've slowly realised this game by game in the last 3 or 4 years.

I just find it tedious that some have to (a) continually reiterate how crap we are in 1000s of new and unusual ways (see above), and (b) occasionally berate fans who don't agree with boycotting games/give up now/the end is nigh. Incidentally the case of (b) my view is that there are plenty of bigger Blades than me and credit to them. When McCabe is a footnote in our history, there'll still be there home and away backing the beloved red and white. Fair play to them I say. The liveblood of our club.

Equally if some individual's energy used on here was utilised to effect positive change - attending Ask the Chairmen meetings and going after McCabe, trying to get representation at boardroom level, trying to get a supporter's group together with some form of critical mass, I'd say "fair play for doing it, happy to make a donation, print off some flyers at a push, etc". But if its used to tell people how shit things are and how they are twats for not agreeing (acutely annoying when we're all unhappy about things), I'll keep up the sarcastic remarks.

I'm just pleased you are still missimg the points i made. I've been there when things have been worse. I've seen us in division 4 and this isnt about how shit we are its about the title oddly enough. Its about the solution rather than the problem. I have nothing but admiration to those who still go and respect for those who have an opposing view.

You even managed to think I had a direct dig at Warnock above others. Trust me he is only a bit part in this mess.

Keep up your sarcastic commentary, if thats your choice. It doesnt do you justice but then again perhaps it does.

 

[ben rymer]

Welcome to the forum

Cheers. Not exactly a great day to join, but lets hope there's better to come.

 

[super_pig]

I've been there when things have been worse. I've seen us in division 4 and this isnt about how shit we are its about the title oddly enough. Its about the solution rather than the problem.

so have i mate and the parallels are worrying.. if McCabe is putting in one million a month (which i very much doubt btw) then this club must be run very badly indeed.. hoisted by his own petard

 

[Sothall_Blade]

This is as close as we will get to a breakdown of where McCabe's £12M went to last season.
As I understand it, we spent £4M more (on wages etc) than we earned (gate receipts etc).
Adminstrative expenses were £8M (seems hefty, who did that go to?)
Impairment of player's registrations was £2M (does that mean paying players to leave?)
We made £1.5M on sale of fixed assets (players being sold?)
We had to repay interest of £2.5M (Who to? McCabe? Or interest on the loan we built the hotel with?)

I'm not an accountant, hopefully someone else can explain the £13M loss better.

 

[shreds1975]

View attachment 5777
View attachment 5778

This is as close as we will get to a breakdown of where McCabe's £12M went to last season.
As I understand it, we spent £4M more (on wages etc) than we earned (gate receipts etc).
Adminstrative expenses were £8M (seems hefty, who did that go to?)
Impairment of player's registrations was £2M (does that mean paying players to leave?)
We made £1.5M on sale of fixed assets (players being sold?)
We had to repay interest of £2.5M (Who to? McCabe? Or interest on the loan we built the hotel with?)

I'm not an accountant, hopefully someone else can explain the £13M loss better.

Struggling for time now, but will reply in full tonight. This is what McCabe was referring to I think when he said £1m a month. Given the supposed slashing of the playing wage bill and the change of infrastructure behind the scenes i.e. redundancies reducing a level of staffing some PL clubs would be proud of this shoudl be healthier now, but some of those actions are not without cost themselves.

 

[Oreyt]

Hi
This is my first post as I didn't know of this forum and Id just like to say 2 things....

This Ben Rymer?

http://en.wikipedia.org/wiki/Fat_Truckers

 

[Balham]

This is as close as we will get to a breakdown of where McCabe's £12M went to last season.
As I understand it, we spent £4M more (on wages etc) than we earned (gate receipts etc).

Yes.

Adminstrative expenses were £8M (seems hefty, who did that go to?)

Admin expenses were £6m but that's still a lot when turnover was £10m. It covers everything from directors' pay, ticket office staff to posting tickets. When did Trevor Birch leave? I have it in my mind that it was Summer 2011 which might mean that his pay-off was in the last financial year.

[Amortisation and]Impairment of player's registrations was £2M (does that mean paying players to leave?)

No. It could be one of two things:

Amortisation is the process of spreading the accounting for transfer fees across the length of a contract. This year's accounts would have had £1m for Ched Evans (£3m fee over a 3 year deal) plus a proportion of whatever we paid for Collins.

Impairment is the process of reducting the value of assets on the books. In the case of players' registrations it means that United decided that certain members of the playing squad weren't worth as much - I'd imagine that Richard Cresswell was one.

We made £1.5M on sale of fixed assets (players being sold?)

Yes, it's on page 23 of the accounts that it's down to player sales. The £1.5m was £1.1m for Slew and then £0.4m for Ward and Yeates. This is profit on sale - meaning money achieved above the book value of the players.

Taking Jamie Ward as an example: we bought him in January 2009 for £333,000 on a three year deal.

In June 2010, he was 1/3 through his contract so £111,000 would have been amortised (as an expense, see above) and his book value set to £222,000.

In June 2011 we sold Ward to Derby for (according to transfermarkt.de) £572,000. This would have been recognised as a £350,000 profit on disposal of a fixed asset (£572k-£222k).

We had to repay interest of £2.5M (Who to? McCabe? Or interest on the loan we built the hotel with?)

Some to McCabe, some bank interest, nothing at all to do with the hotel (McCabe took the debt for the nominal fee of £1 when he "bought" the hotel). See note 8 on page 24 of the accounts.

I'm not an accountant, hopefully someone else can explain the £13M loss better.

I'm not a chartered accountant and it's now 3 years since I've looked at this sort of thing but hopefully I've started to explain this a little better.

FWIW I'm expecting United to post a loss for the 12 months ending June 2013 but I would hope that it's around the £4m mark. Not that losing £4m is good but the elements shreds1975 has mentioned will have an impact - for instance, a £400k payoff to Nick Montgomery will leave a big hole.

Notes taken from the Accounts: http://www.sufc.co.uk/documents/su-plc-30-june-2012135-494365.pdf

 

[GRUMPY BLADE]

Yes.

Admin expenses were £6m but that's still a lot when turnover was £10m. It covers everything from directors' pay, ticket office staff to posting tickets. When did Trevor Birch leave? I have it in my mind that it was Summer 2011 which might mean that his pay-off was in the last financial year.


No. It could be one of two things:

Amortisation is the process of spreading the accounting for transfer fees across the length of a contract. This year's accounts would have had £1m for Ched Evans (£3m fee over a 3 year deal) plus a proportion of whatever we paid for Collins.

Impairment is the process of reducting the value of assets on the books. In the case of players' registrations it means that United decided that certain members of the playing squad weren't worth as much - I'd imagine that Richard Cresswell was one.


Yes, it's on page 23 of the accounts that it's down to player sales. The £1.5m was £1.1m for Slew and then £0.4m for Ward and Yeates. This is profit on sale - meaning money achieved above the book value of the players.

Taking Jamie Ward as an example: we bought him in January 2009 for £333,000 on a three year deal.

In June 2010, he was 1/3 through his contract so £111,000 would have been amortised (as an expense, see above) and his book value set to £222,000.

In June 2011 we sold Ward to Derby for (according to transfermarkt.de) £572,000. This would have been recognised as a £350,000 profit on disposal of a fixed asset (£572k-£222k).


Some to McCabe, some bank interest, nothing at all to do with the hotel (McCabe took the debt for the nominal fee of £1 when he "bought" the hotel). See note 8 on page 24 of the accounts.



I'm not a chartered accountant and it's now 3 years since I've looked at this sort of thing but hopefully I've started to explain this a little better.

FWIW I'm expecting United to post a loss for the 12 months ending June 2013 but I would hope that it's around the £4m mark. Not that losing £4m is good but the elements shreds1975 has mentioned will have an impact - for instance, a £400k payoff to Nick Montgomery will leave a big hole.

Notes taken from the Accounts: http://www.sufc.co.uk/documents/su-plc-30-june-2012135-494365.pdf

but how much was the 'leccy bill?

 

[Balham]

but how much was the 'leccy bill?

Enormous. McCabe's jerry rigged a cable all the way from the Bramall Lane floodlights to his palace in Brussels.

 

[Ashtonsmashton]

post: 492816, member: 875"]Should we get Warnock in on loan then?

Well at least he's better than doyle

 

[GRUMPY BLADE]

Enormous. McCabe's jerry rigged a cable all the way from the Bramall Lane floodlights to his palace in Brussels.

He's made some dumbass decisions but nicking the 'leccy and then paying for it takes the biscuit!!

 

[Bladesway]

He's made some dumbass decisions but nicking the 'leccy and then paying for it takes the biscuit!!

Still not his worst ever move though.

 

[Grecian2000]

The only decision left to make is how he gets out of the club and leaves enough behind to go forward. If we carry on "as is" for another couple of years there could be no coming back.

How much do we "owe" him? 30m, 50m, more?

What about if he wrote it off temporarily? Say he drew a line in the sand and handed over to someone with enough ambition/cash to take us forward from a "new start" position for a fee of £1. However, when we get back to the top flight he then takes £10m per annum for every year we are funded by the PL (that's a minimum of £50m at 1 season in the top flight and 4 seasons parachute) and receives this payment for a maximum of 12 (or some other arbitary figure) years. Could we make it worth his while by getting in the Prem. in 5 years and staying there or yo-yoing between there and Div2 thus maintaining prem money?

Just a thought because he ain't going to get it back in one fell swoop and we aren't turing it around without serious money coming in.

PS: He'd have to give us the ground back as well!

 

[Oreyt]

Just a thought because he ain't going to get it back in one fell swoop and we aren't turing it around without serious money coming in.

PS: He'd have to give us the ground back as well!

All good points. One thing, and apols if it's been mentioned already, but to put it kindly, he aint no spring chicken. I presume if he were to shuffle off, SUFC will be handed to his son (or is it sons, I can't remember). This could be how a real change of direction ends up being thrown to us.

 

[Bladesman]

Ive had enough of McCabe we will be in League 2 soon enough.