How much would each fan have to cough up to buy McCabe family out of the club?

[highpeakblade]

A chance for all of you mathematicians to do some calculating on how much you actually think it would take for this to happen? You can calculate it taking in to account as many different factors a you like eg number of fans buying in, with or without returning the buildings / assets to the ownership of the club and fans etc.

Counted my copper jar and my £2.oo coin jar today and I have £314 in total. Would this secure we a stake in Sheffield United football club when us fans buy McCabes mob out? If so whos in?

 

[Rodley]

It's a bit like charity door knockers - I'm happy to make a one off donation, but the monthly £50 to subsidise SUFC losses would go against the grain...

 

[highpeakblade]

I would also highly favour a locally led consortium of Sheffield United fan businessmen to form 50% of the buy out / takeover bid and the other 50% to be equally owned by the fans on the basis that all assets are returned to the club and the fans have a say in certain future operations!

So far my Blades business consortium consists of Sean Bean, Mr Pyramid Carpets and that bloke who owns Redtooth Poker! Yet to contact any of those though!

 

[SwissBlade]

Save your £314 and buy summat nice highpeakblade

Wait until McCabe gets really desperate to sell cheap... Though be prepared to pay any outstanding bills that he leaves behind

 

[highpeakblade]

Save your £314 and buy summat nice highpeakblade

Wait until McCabe gets really desperate to sell cheap... Though be prepared to pay any outstanding bills that he leaves behind

I invest a similar amount into the club every year Swiss mate in the form of a season ticket and never get owt in return so i'm willing to go double or quits this year in hopes of getting something back! (and the dulux cup doesn't count!)

 

[Linz]

But would a club run by committee be any better?

No bugger on here ever agrees, times those opinions by a hundred and see if owt ever gets done.

 

[dingledog]

Don't know Linz, but the dictatorship ain't working too well

 

[shorehamview]

If only there was a forum know-it-all who hates McCabe with a passion? Surely they'd have all the answers, wouldn't they? Surely they would be able to formulate a plan that's better than "I told you so!" and "Let's have a protest march. You go though, I'm busy...."

Then again......

 

[Hartley Hare]

I could be a benevolent dictator.

 

[shorehamview]

I could be a benevolent dictator.

You'll have to get in the queue.....

 

[sheffielder]

I think the fans are now in 2 sections.

1. The fans who want McCabe out
2. The fans who wonder what would happen if McCabe left us high and dry and too scared to find out what.

I have always support Kevin until now. I am starting to wonder what's the worse that could happen because I can't stand this slow death.

 

[BladeFisher]

You'll have to get in the queue.....

A chance for all of you mathematicians to do some calculating on how much you actually think it would take for this to happen? You can calculate it taking in to account as many different factors a you like eg number of fans buying in, with or without returning the buildings / assets to the ownership of the club and fans etc.

Counted my copper jar and my £2.oo coin jar today and I have £314 in total. Would this secure we a stake in Sheffield United football club when us fans buy McCabes mob out? If so whos in?

Well how about £2500 x 20,000 fans = £50m and McCabe throws the ground in.

 

[shorehamview]

Well how about £2500 x 20,000 fans = £50m and McCabe throws the ground in.

I've got the cash, but I'm fucked if I'm giving it to McCabe. I'd rather do it in dribs and drabs. Like my season ticket, otherwise known as Death By A Thousand Cuts.

 

[BladeFisher]

I've got the cash, but I'm fucked if I'm giving it to McCabe. I'd rather do it in dribs and drabs. Like my season ticket, otherwise known as Death By A Thousand Cuts.

Yeah but then you could say "I own a football club". OK a few girders in the South stand and Harry Maguire's jock strap but hey, you gotta start somewhere. You may even become a director!

 

[Guesty]

But would a club run by committee be any better?

No bugger on here ever agrees, times those opinions by a hundred and see if owt ever gets done.

Yes we do!

 

[Vancouver]

Buying McCabe out would be one thing but think how you would fund the club any more successfully than he has after you bought it. I'm pretty sure he'd fund us more if he could and if it wasn't such a financial drain. It's not the $10 you need to spend now it's the $100 you need to spend over the next few years.

 

[TAMUS]

Already had my trousers down , about 3 quid lost on some shares from a club source , some years ago , however i could see the lane becoming another Millmoor .

 

[tyneblade]

The irony is that for the first time in years whats on the pitch is actually what the fans can afford without McCabe's help.

To buy McCabe out completely and put in the funds necessary to get us out of this division and keep us out is going to take well over £25 million probably over 40.

With that being the case the only affordable way to engineer fan ownership in the short term is force the club into liquidation by withdrawing our support and starting agin in non league. We'd have some of the assests but probably not the ground.

Of course if we did that we really would be on our own forever. Nobody with a pile of cash would ever want to risk it with us.

Even if we could manage it you'll see that we are struggling to stay in League 1 on our current "fan owned" budget, so it seems likely that what we are seeing now is what we would be swapping McCabe for.

To my mind the only thing we can do is take it on the chin and wait. McCabe keeps the fixed assets, we fund whats on the pitch and we all hold on until a bit of luck and decent manger turn up. It really could take 10 years and gates could dip below 12,000. Any additional funds would have to come from investors wanting an equity share but thats very unlikely given that there is a constant stream of clubs emerging from administration with no debt

Makes you realise what a complete travesty the concept of a 10 point deduction for wiping away your debts is and how completely buggered we are.

 

[metalblade]

Already had my trousers down , about 3 quid lost on some shares from a club source , some years ago , however i could see the lane becoming another Millmoor .

Now there's a thought for our Kev should he miss out on the DVS ......................... tidy little ground is Millmoor, all he needs to do is paint Sheffield over the Rotherham bit on the signs.

 

[Hartley Hare]

I wonder if the club could raise some money for players with a debenture type scheme.

Debentures are loan stock. Supporters could invest in a ring fenced pool of money for players only. The debentures would pay a modest interest in the form of benefits, eg season ticket, or discounts on merchandise, etc.

The debenture money would be long term transferable debt otherwise repaid on death, promotion to the premier league, or when hell freezes over. Debentures rank above equity in the event of liquidation so some protection could be calculated.

Interest rates for savings are so poor, this could be an interesting way to support the club and provide a transfer kity.

HH

 

[TAMUS]

We would still sell them , you can not stop them Kev

 

[Darren]

What amazes me is the extraordinary amount of fan apathy. Back in 1994-95, we were relegated from the PL and - . oh my God - struggling to stay in play off contention the following season. That led to BIFA and a concerted campaign to get Brealey to sell up.

This time, we are struggling to compete in the third division and no-one does anything except moan.

It seems to me that - vis-a-vis McCabe there are two possible situations:

(1) He really doesn't give a shit anymore. He wants his money back asap and doesn't care if if he is hated by United fans for evermore as long as he gets his cash

(2) He is fed up with his toy, wants out, but does retain an affection for SUFC and really doesn't want to go down as one of the most hated figures in the club's history.

If (1) is the case, there really is nothing we can do. I happen to think (2) is more likely. If that is right, then it seems to me he is amenable to organised pressure from supporters. I would suggest a following realistic four point programme for such a campaign of pressure:

1. McCabe to set a date by which he will leave the club
2. Between now that date he will, in conjunction with supporters' representatives (and why not have an election for them?) seek out someone suitable to transfer ownership of the club to.
3. When such a person/organisation is found, McCabe will sell the club and its essential assets (including BL) to them for £1.
4. McCabe will agree not to ask for repayment of his debts until such time as the club is in the PL in which case he will get his money in five equal annual instalments.

Obviously thats just a first draft of a proramme, but seems to me a reasonable basis around which to build a campaign.

So who is going to start it?

 

[Bladesway]

What amazes me is the extraordinary amount of fan apathy. Back in 1994-95, we were relegated from the PL and - . oh my God - struggling to stay in play off contention the following season. That led to BIFA and a concerted campaign to get Brealey to sell up.

This time, we are struggling to compete in the third division and no-one does anything except moan.

It seems to me that - vis-a-vis McCabe there are two possible situations:

(1) He really doesn't give a shit anymore. He wants his money back asap and doesn't care if if he is hated by United fans for evermore as long as he gets his cash

(2) He is fed up with his toy, wants out, but does retain an affection for SUFC and really doesn't want to go down as one of the most hated figures in the club's history.

If (1) is the case, there really is nothing we can do. I happen to think (2) is more likely. If that is right, then it seems to me he is amenable to organised pressure from supporters. I would suggest a following realistic four point programme for such a campaign of pressure:

1. McCabe to set a date by which he will leave the club
2. Between now that date he will, in conjunction with supporters' representatives (and why not have an election for them?) seek out someone suitable to transfer ownership of the club to.
3. When such a person/organisation is found, McCabe will sell the club and its essential assets (including BL) to them for £1.
4. McCabe will agree not to ask for repayment of his debts until such time as the club is in the PL in which case he will get his money in five equal annual instalments.

Obviously thats just a first draft of a proramme, but seems to me a reasonable basis around which to build a campaign.

So who is going to start it?

Well voulenteered.

 

[blade too long]

Barcelona got 100000 fans to buy a 20 year season ticket for 5000 quid raised 500 million each, , roughly when they built the bernabeau , raised 500 million

we might get 10000 to pay 1000 each, at a push a milion quid''Liverpool worked out best case scenario they could expect was raise 80 90 million and that on 40000 fans taking it up

 

[tyneblade]

What amazes me is the extraordinary amount of fan apathy. Back in 1994-95, we were relegated from the PL and - . oh my God - struggling to stay in play off contention the following season. That led to BIFA and a concerted campaign to get Brealey to sell up.

This time, we are struggling to compete in the third division and no-one does anything except moan.

It seems to me that - vis-a-vis McCabe there are two possible situations:

(1) He really doesn't give a shit anymore. He wants his money back asap and doesn't care if if he is hated by United fans for evermore as long as he gets his cash

(2) He is fed up with his toy, wants out, but does retain an affection for SUFC and really doesn't want to go down as one of the most hated figures in the club's history.

If (1) is the case, there really is nothing we can do. I happen to think (2) is more likely. If that is right, then it seems to me he is amenable to organised pressure from supporters. I would suggest a following realistic four point programme for such a campaign of pressure:

1. McCabe to set a date by which he will leave the club
2. Between now that date he will, in conjunction with supporters' representatives (and why not have an election for them?) seek out someone suitable to transfer ownership of the club to.
3. When such a person/organisation is found, McCabe will sell the club and its essential assets (including BL) to them for £1.
4. McCabe will agree not to ask for repayment of his debts until such time as the club is in the PL in which case he will get his money in five equal annual instalments.

Obviously thats just a first draft of a proramme, but seems to me a reasonable basis around which to build a campaign.

So who is going to start it?

The problem is that if your successor organisation goes tits up, McCabe loses his family's assets. He'll not accept that.


It might be a runner if you split the club and the ground, as McCabe has done, and your consortium only buys the club, but that still means finding £10 - £15 million from somewhere to fund promotion and staying up. McCabe will expect to see evidence of that before he sells. If he can't what would convince him that you would do a better job of moving the gate receipts around the he could?

If you find commercial investors and get up you are not going to make money in the championship, so they will face paying off the debt to McCabe at the same time they want their money back. In the current market Coventry or Portsmouth with no debt, will be a far better home for their £15 million than we are.


So we need a Blades fan or group of Blades fans able, happy and willing throw in £10 million+ of good money after bad with not realistic hope of a return. Until we find them we're stuck.

I doubt that many of us would throw more than £1000 in so you've a long way to go.

 

[Sothall_Blade]

Barcelona got 100000 fans to buy a 20 year season ticket for 5000 quid raised 500 million each, , roughly when they built the bernabeau , raised 500 million

we might get 10000 to pay 1000 each, at a push a milion quid''Liverpool worked out best case scenario they could expect was raise 80 90 million and that on 40000 fans taking it up

Barcelona fans paid to build the Bernabeau stadium?
They must have been gutted when Real Madrid moved in.

 

[blade too long]

camp nou then , who cares , real are rich buggars in an affluent district of madrid

 

[Deleted member 875]

If only there was a forum know-it-all who hates McCabe with a passion? Surely they'd have all the answers, wouldn't they? Surely they would be able to formulate a plan that's better than "I told you so!" and "Let's have a protest march. You go though, I'm busy...."

I dont think that would be a very good idea