Fradi/Ferenc

[puppet]

Lot of mention of these profit draining feeder clubs but am I not right in thinking Fradi belongs to McCabe and isnt actually anything to do with us???

 

[SheepdipBlade]

Does anyone know if the overseas clubs are actually costing the club anything? If you're right about Fradi then any costs would be incurred by KMc (Scarborough Holdings?) - I'm sure that any costs in China would be minimal - but I have no clear picture about Woulwe or Central Coast.

 

[alcoblade]

as far as I'm aware, the only club that's directly linked (owned) to United (plc) is Chengdu. Fradi belong to McCabe personally and the other(s) are just tie ups with no associated costs.

UTB

 

[KyoPityus]

McCabe bought our team with Scarborough Holdings collaboration. The material part McCabe bank Bank of Scotland financed it. Fradi does not translate a lot onto his operation from his own property. Our budget does not reach the tenth of Sheffield United year budget. Fradi obtained considerable incomes for his sponsors duly now already. Sheffield United helps us with young players' lending only.