I keep reading we should sell Berge, Mcburnie etc...

[Stanthemanfan]

I don't mean to offend mate but that is quite a simplistic view and I wouldn't want you to kid yourself that everyone who comes down goes on a mass splurge and we are the odd ones out.

There isn't 130m 'left' from 250m. 120m is what we spent on transfer fees alone. You can probably add something daft like another 10m on Agent fees or more. Taking just Berge. McBurnie, Mousset and Brewster, they are probably on at least 120k per week between them. Some 3 year deals, some are 4. You are looking at a commitment up to 25m just for their wages alone and that is 4 players. The wage bill is probably 70m and now we cannot count on the tv money. Reminder our turnover when we were in league one was not much more than 10m. There is a huge potential drop off and we cannot just deal with it later.

What you say about spending simply isn't true except for Fulham who have a guy who has more money than sense.

Even Bournemouth who are owned by a billionaire as an example:

20/21 -
Total sales - 84m - Aké (Man City), Ramsdale (Blades), Wilson (Newcastle), Arter (Forest).
Total purchases - 0m
21/22 -
Total sales - 24m - Danjuma, Sturridge, Rico
Total purchases - 5m

Take Norwich:
20/21 -
Total sales - 40m - Godfrey (Everton), Lewis (Newcastle)
Total purchases - 12m

We need to be very sensible for a while now and ride this out. Hopefully we can pick up the odd loan like Gibbs-White who makes the difference between a mid table team and a play off team which may elevate the values of some players.

The issue is, like him or loathe him, Chris saddled us, since promotion with players that have negative equity. I.e. if we sold them now we'd make a huge loss on them which probably wouldn't pay for the money we still owe on them, with fees often spread over the duration of the contract. So you either sell them cheap and take the hit or you hope they improve through circumstances e.g. a loan player or two comes in and makes the whole team perform better.

But being sensible, spending more money, whilst still paying for these prior purchases just isn't a viable option.

The Prince for all his detractors is guilty of 2 things (1) not being richer than he is. (2) going all in on Chris' judgment.

Throwing more money and therefore more debt isn't an option. And if you were the Prince, wouldn't you at least half expect some return on the 120m yet the team we have now is arguably less competitive than the one that got promotion last time.

Don't forget bladey blade mcunt, s £37 million for the purchase of the ground

 

[coaxingstar71]

I think people have short memories. As I recall, apart from Burke, most people were quite happy when we signed McBurnie, Brewster, Freeman and Berge. And once Moose had that run of games where, although he never managed 90 mins, he had a great patch scoring against Arsenal and Man Utd and everyone was hailing him as the next messiah.

McBurnie started quite well too and his 6 goals was not considered a bad return for the number of starts he had.
Brewster obviously has never got going, but there have been signs just before this last injury setback that he could still play a big part.
Berge is another who has had a stop/start Blades career. I agree though that he has flattered to deceive, however their were other clubs trying to sign him at the time, so he must have had something about him. You just feel with him that he's more than capable of smashing this league and that's what is so frustrating.
Freeman is a player I think all Blades fans had admired since his Stevenage days. He started well when Fleck got injured in that Palace game but a lack of game time and injuries have taken their toll. The change to a 'flat midfield 3' didn't do him any favours either as he was the ideal replacement for the 'Duffy' role.

Of them all, I could never understand the Burke/Robinson swap deal. I think that was definitely a mistake.

Might be a controversial view but, if they're fit, they all need to be playing and being as we're not likely to be making a promotion assault, we should be playing them as that is the only way they will improve their form and therefore their value will increase. What's the point now, really, of playing Sharp and McGoldrick? Both have a limited shelf life and are both at the twilight of their careers. I've loved both of them but it's time to move on.

 

[N20 Blade]

I think people have short memories. As I recall, apart from Burke, most people were quite happy when we signed McBurnie, Brewster, Freeman and Berge. And once Moose had that run of games where, although he never managed 90 mins, he had a great patch scoring against Arsenal and Man Utd and everyone was hailing him as the next messiah.

McBurnie started quite well too and his 6 goals was not considered a bad return for the number of starts he had.
Brewster obviously has never got going, but there have been signs just before this last injury setback that he could still play a big part.
Berge is another who has had a stop/start Blades career. I agree though that he has flattered to deceive, however their were other clubs trying to sign him at the time, so he must have had something about him. You just feel with him that he's more than capable of smashing this league and that's what is so frustrating.
Freeman is a player I think all Blades fans had admired since his Stevenage days. He started well when Fleck got injured in that Palace game but a lack of game time and injuries have taken their toll. The change to a 'flat midfield 3' didn't do him any favours either as he was the ideal replacement for the 'Duffy' role.

Of them all, I could never understand the Burke/Robinson swap deal. I think that was definitely a mistake.

Might be a controversial view but, if they're fit, they all need to be playing and being as we're not likely to be making a promotion assault, we should be playing them as that is the only way they will improve their form and therefore their value will increase. What's the point now, really, of playing Sharp and McGoldrick? Both have a limited shelf life and are both at the twilight of their careers. I've loved both of them but it's time to move on.

I wish I had your optimism.

 

[AnstonBlade1]

I think people have short memories. As I recall, apart from Burke, most people were quite happy when we signed McBurnie, Brewster, Freeman and Berge. And once Moose had that run of games where, although he never managed 90 mins, he had a great patch scoring against Arsenal and Man Utd and everyone was hailing him as the next messiah.

McBurnie started quite well too and his 6 goals was not considered a bad return for the number of starts he had.
Brewster obviously has never got going, but there have been signs just before this last injury setback that he could still play a big part.
Berge is another who has had a stop/start Blades career. I agree though that he has flattered to deceive, however their were other clubs trying to sign him at the time, so he must have had something about him. You just feel with him that he's more than capable of smashing this league and that's what is so frustrating.
Freeman is a player I think all Blades fans had admired since his Stevenage days. He started well when Fleck got injured in that Palace game but a lack of game time and injuries have taken their toll. The change to a 'flat midfield 3' didn't do him any favours either as he was the ideal replacement for the 'Duffy' role.

Of them all, I could never understand the Burke/Robinson swap deal. I think that was definitely a mistake.

Might be a controversial view but, if they're fit, they all need to be playing and being as we're not likely to be making a promotion assault, we should be playing them as that is the only way they will improve their form and therefore their value will increase. What's the point now, really, of playing Sharp and McGoldrick? Both have a limited shelf life and are both at the twilight of their careers. I've loved both of them but it's time to move on.

Totally agree, McBurnie, Mousse, Berge all need to be playing week in week out now, if there not fit why aren’t they being made to get fit?? we’ve got to try and get something from them for all that money we’ve pissed away on them.

We need to move on from Sharp and McGoldrick it’s had it’s day along with the rest of the midfield.

 

[Bladesince59]

This is starting to look like our "best Transfer Window ever" - RELATIVELY speaking.

 

[SwissBlade]

You must have seen something in Brewster I haven't, to me he looks at best an average league one striker.

I haven't seen anything different, but as i say, he's the one "development" player of the signings we've made

 

[Bell4]

I am indebted to your research.
Maybe I'm too simplistic , but would a company incur commercial interest payments for bank borrowing if its own cashflow was healthy enough to meet its financial obligations as they fall due ?
My interpretation of the bank borrowing is that we are , in layman's terms , hocked-up to the hilt just to meet our biggest outgoings which are obviously player wages and the payoffs for Wilder & Slav.
If that is correct , we have no realistic prospect of reshaping the squad which is full of well-paid duds who themselves must feel tied to our sinking ship , because even if they wanted a move , they could not get equivalent wages elsewhere.
Consequently they sit financially comfortable but utterly demotivated and disinterested in their own progression , let alone the club's.
Due to the financial influences which we all know are strangling the game outside the PL , I can't think of a worse position for us to be in.
I've followed us up hill + down dale since the late 60s , but even in the unpalatable descent to the 4th division , the money involved was all on a smaller scale , which allowed us to refresh the squad and recover from failure.
The nature of our present predicament , relying on loans of money and loans of players , unable to make even one permanent signing which might improve us , leaves me numb.
It's the first time in 55 years that I have imagined it could really be the end.
Not of me !
Of the club.
Because this owner is not here for the descent down the divisions.
And he's disappeared from the stage like a magician's assistant.
I am looking for any crumb of comfort , by the end of this month , to suggest hope :
A quality CB.
Any permanent signing.
The shifting-out , on sale or loan , of any of the expensive duds.
A renewal of MGW loan.
Just any straw at which we can clutch.

I totally share your pain

Good post

 

[bakeblade]

I haven't seen anything different, but as i say, he's the one "development" player of the signings we've made

Bloody expensive development player!

 

[SwissBlade]

I am indebted to your research.
Maybe I'm too simplistic , but would a company incur commercial interest payments for bank borrowing if its own cashflow was healthy enough to meet its financial obligations as they fall due ?
My interpretation of the bank borrowing is that we are , in layman's terms , hocked-up to the hilt just to meet our biggest outgoings which are obviously player wages and the payoffs for Wilder & Slav.
If that is correct , we have no realistic prospect of reshaping the squad which is full of well-paid duds who themselves must feel tied to our sinking ship , because even if they wanted a move , they could not get equivalent wages elsewhere.
Consequently they sit financially comfortable but utterly demotivated and disinterested in their own progression , let alone the club's.
Due to the financial influences which we all know are strangling the game outside the PL , I can't think of a worse position for us to be in.
I've followed us up hill + down dale since the late 60s , but even in the unpalatable descent to the 4th division , the money involved was all on a smaller scale , which allowed us to refresh the squad and recover from failure.
The nature of our present predicament , relying on loans of money and loans of players , unable to make even one permanent signing which might improve us , leaves me numb.
It's the first time in 55 years that I have imagined it could really be the end.
Not of me !
Of the club.
Because this owner is not here for the descent down the divisions.
And he's disappeared from the stage like a magician's assistant.
I am looking for any crumb of comfort , by the end of this month , to suggest hope :
A quality CB.
Any permanent signing.
The shifting-out , on sale or loan , of any of the expensive duds.
A renewal of MGW loan.
Just any straw at which we can clutch.

I don't think it would need to be as dramatic as thinking that we're anywhere near the end of the club, i've certainly not seen that.

The big message for me is that we're loaning against future guaranteed money from reliable sources - The Premier League and Arsenal. I'd imagine that the interest rates of the loans are quite high, but to reiterate the point from earlier, we've utilised this Loan system previously and also satisfied those loans (charges) in a relatively short period of time (a few months in some cases)

Again, other financial experts may be able to correct me on any of this, its just my interpretation. However, it seems that we don't have masses of cash within the club, but we're asset rich, in terms on the Ground, Hotel, Training ground, so we've also utilised these assets as security for cash

If this is the first time in 55 years that you've imagined that its the end then where were you during the Woolhouse, Brearly, Macdonald and McCabe years!

I don't think we can expect many big signings, we appear to be stabilising the costs and it will certainly be the job of Bettis to bring the outgoings (namely wage bill) down either now, in Jan or in the Summer. The benefit of Jan is that transfer fees are often inflated. The negative is that many of our potentional saleable assets are out of form or injured.

Personally i don't see any other way in which we could've approached things. We're a small club, with limited resources and we've utilised the network of United World where we could to bring players in. We had to go for players who'd been relegated or were performing well in the Championship.

I thought that the approach on promotion to the Premier League was correct, we spent within the means of the income we were expecting from the Premier League to bring in younger players and some pace. The second season we added to both the first team and the depth of the squad with a mixture of higher priced, young players and players from the Championship. We can argue all day and night on whether they were value for money. But for me its about the approach.

We had to spend. Norwich decided against that, got relegated and were able to come straight back as they didn't change anything. We missed out on many targets (see villa signings).

We're where we are now and the restructuring has to begin either now, if we believe that promotion is not realistic or in the summer, when we know.

Its not that the club is at the end, its that the club is taking the necessary steps to restructure in case we don't get another premier league windfall

 

[SwissBlade]

Bloody expensive development player!

I don't believe thats what he was signed as, his record in the Championship was good, but i think looking at him now that a lot of work is needed to get him fitting into the way we play.

 

[Isaw Joeshaw]

Just to cheer everyone up who is lamenting the vast sums spent on the usual suspects who have failed so spectacularly , I am now having serious reservations about young master Bogle .

There was a time when I thought him to be the one shining light in respect of our recent catastrophic recruitment record but with each game he plays I am becoming less convinced that this is the case .

Against Derby , and in spite of the shortcomings of a number of others , I had him and Saunter Berge as our two worst players .

 

[Houston_Blade]

Maybe I'm too simplistic , but would a company incur commercial interest payments for bank borrowing if its own cashflow was healthy enough to meet its financial obligations as they fall due ?

Possibly if the borrowing rate was low enough to justify it. A much smaller example but we HP our company cars at work because the interest rate on the last set of finance we got is around 2% so it's a cheap way of keeping the money in our bank in case we ever get desperate instead of paying up front. We could easily pay up front but choose not to.

If I was borrowing off 'The Aussie Vampire Bank' at around 10% though it's a couple of steps down from Wonga/Quickquid etc and suggests we aren't flush.

 

[Keen Blade]

I don't think it would need to be as dramatic as thinking that we're anywhere near the end of the club, i've certainly not seen that.

The big message for me is that we're loaning against future guaranteed money from reliable sources - The Premier League and Arsenal. I'd imagine that the interest rates of the loans are quite high, but to reiterate the point from earlier, we've utilised this Loan system previously and also satisfied those loans (charges) in a relatively short period of time (a few months in some cases)

Again, other financial experts may be able to correct me on any of this, its just my interpretation. However, it seems that we don't have masses of cash within the club, but we're asset rich, in terms on the Ground, Hotel, Training ground, so we've also utilised these assets as security for cash

If this is the first time in 55 years that you've imagined that its the end then where were you during the Woolhouse, Brearly, Macdonald and McCabe years!

I don't think we can expect many big signings, we appear to be stabilising the costs and it will certainly be the job of Bettis to bring the outgoings (namely wage bill) down either now, in Jan or in the Summer. The benefit of Jan is that transfer fees are often inflated. The negative is that many of our potentional saleable assets are out of form or injured.

Personally i don't see any other way in which we could've approached things. We're a small club, with limited resources and we've utilised the network of United World where we could to bring players in. We had to go for players who'd been relegated or were performing well in the Championship.

I thought that the approach on promotion to the Premier League was correct, we spent within the means of the income we were expecting from the Premier League to bring in younger players and some pace. The second season we added to both the first team and the depth of the squad with a mixture of higher priced, young players and players from the Championship. We can argue all day and night on whether they were value for money. But for me its about the approach.

We had to spend. Norwich decided against that, got relegated and were able to come straight back as they didn't change anything. We missed out on many targets (see villa signings).

We're where we are now and the restructuring has to begin either now, if we believe that promotion is not realistic or in the summer, when we know.

Its not that the club is at the end, its that the club is taking the necessary steps to restructure in case we don't get another premier league windfall

I was there in the Woolhouse, Brearly, Macdonald and McCabe years but the finances of football are much different today and McCabe could see it which is why he wanted to reduce his exposure for at least the last ten years before his ultimate departure.
And whatever you think of him (and my thoughts have oscillated over the years) , he was a local Blade who stepped in when no one else did.
The finances of football these days see household names going to the wall , old European Cup clubs like Derby County in difficulty etc etc.
I am not simply a doom-monger who thinks our demise is round the next corner.
But I reckon a lot of our fans & posters on here have not appreciated our predicament - you can see that from the ridiculous optimism on display.
This owner could barely manage to chip-in his 50% of the annual losses before the incredible PL promotion followed his unlikely acquisition of McCabe's shares for just £5m.
He has no local connection and none of his entourage now remains in Sheffield.
His plan was clearly an immediate return to the PL - that's why he wanted to retain Wilder during and despite the abject relegation - that's why he went for Slav.
This season has heaped further failure upon the previous one.
The Court valued his £5m club at over £100m at one point.
It's now worth less than the notional £10m it was worth when he bought it , if the freehold remains as a football ground for a run-of-the-mill Championship club.
There's one pretty obvious solution to his abject predicament and it involves a 'change of use' application.
Maybe not tomorrow , but when the cash finally runs out ?

 

[Blad]

We will replace McBurnie with cheap inferior shite?

Like who? Dave Cooper from the Red Lion in the imperial league.

 

[Varkanoid]

From reading the reports from Hecky, McBurnie is still not fully fit but back in training, Brewster just needs match fitness, Moose still needs to shift off him 10 Big Mac's short of full fitness and Berge needs a kick up the ass.

Thats four extra players we would have if they pull their socks up it be like 4 new players in the transfer window, one of which is already "playing"......

 

[SwissBlade]

I was there in the Woolhouse, Brearly, Macdonald and McCabe years but the finances of football are much different today and McCabe could see it which is why he wanted to reduce his exposure for at least the last ten years before his ultimate departure.
And whatever you think of him (and my thoughts have oscillated over the years) , he was a local Blade who stepped in when no one else did.
The finances of football these days see household names going to the wall , old European Cup clubs like Derby County in difficulty etc etc.
I am not simply a doom-monger who thinks our demise is round the next corner.
But I reckon a lot of our fans & posters on here have not appreciated our predicament - you can see that from the ridiculous optimism on display.
This owner could barely manage to chip-in his 50% of the annual losses before the incredible PL promotion followed his unlikely acquisition of McCabe's shares for just £5m.
He has no local connection and none of his entourage now remains in Sheffield.
His plan was clearly an immediate return to the PL - that's why he wanted to retain Wilder during and despite the abject relegation - that's why he went for Slav.
This season has heaped further failure upon the previous one.
The Court valued his £5m club at over £100m at one point.
It's now worth less than the notional £10m it was worth when he bought it , if the freehold remains as a football ground for a run-of-the-mill Championship club.
There's one pretty obvious solution to his abject predicament and it involves a 'change of use' application.
Maybe not tomorrow , but when the cash finally runs out ?

Interesting take on things, one that I don’t agree with.

You’re right, McCabe ran the club to the best of his ability, seemingly whilst the prince was onboard he tried to undermine him. McCabe certainly liked to be in control and that can work positively and negatively. But that’s another discussion entirely.

The Prince wants to make money from the club, he hasn’t invested anywhere near what you’d expect and he’s so far not found investors. But he’s also had to deal with restructuring the ownership and bringing the land assets back under one roof.

I don’t know what will happen with the Prince, I don’t think he’s very wise in how to run a football club and nor are his entourage. I also think he knows that whilst he’s around Sheffield there will be some animosity towards him for the decisions he’s made. So I think that’s why he’s wisely stepped back, left the football to Hecky (a football man) and the business to Bettis. Whether we agree that they are the right people is for debate, but it makes some level of sense.

As for the finances. Too many clubs have gambled the future chasing a losing cause… i don’t see that’s what we’re doing right now.

 

[Keen Blade]

Interesting take on things, one that I don’t agree with.

You’re right, McCabe ran the club to the best of his ability, seemingly whilst the prince was onboard he tried to undermine him. McCabe certainly liked to be in control and that can work positively and negatively. But that’s another discussion entirely.

The Prince wants to make money from the club, he hasn’t invested anywhere near what you’d expect and he’s so far not found investors. But he’s also had to deal with restructuring the ownership and bringing the land assets back under one roof.

I don’t know what will happen with the Prince, I don’t think he’s very wise in how to run a football club and nor are his entourage. I also think he knows that whilst he’s around Sheffield there will be some animosity towards him for the decisions he’s made. So I think that’s why he’s wisely stepped back, left the football to Hecky (a football man) and the business to Bettis. Whether we agree that they are the right people is for debate, but it makes some level of sense.

As for the finances. Too many clubs have gambled the future chasing a losing cause… i don’t see that’s what we’re doing right now.

The Prince could have made a whole pile of money from the club when it was 9th in the PL but he didn't cash-in. He could have found a buyer or even a partner who would have paid him the equivalent of a lottery win for his shares or a portion of them. And that buyer might have had deeper pockets when it came to the challenge of avoiding relegation.
The Prince must now realise that he hit the jackpot unexpectectedly and then blew it with his lack of control over Wilder's profligacy - his feelings for the club must be quite negative ... and he has no history with us.
You are quite right to say we are not gambling - there is nothing to gamble with !
But if we can't refresh this squad this month , we are on a slow & painful slide , which will become ever more difficult to correct.
I honestly don't mind following us in any division , I've done it my entire life.
If the club is still extant.
But as you correctly say , the Prince wants to make money from the club without investing much of his own and he'll know he's missed his best chance of that - lightning will not strike twice for him.
So we have to suck it up till the wasters' contracts expire and hope to find some young talent.
He won't fund us forever.

 

[Overthehills]

Do people realise what will happen if we do? We will replace them with cheap inferior shite. Look at what is happening with Olsen, we are getting rid of him and replacing him with Stokes 3rd choice, who has never done anything of note anywhere. I'm not saying Olsen has been brilliant, but he's a far better keeper than Fielding. We had a manager who knew how to get out of this division, and he was sacked because the board had no interest in backing him and bringing in the players he/we needed. Our only hope this season is hoping Hecky can get Berge, Mcburnie etc playing well week in week out. Once these players have been sold, I worry about our future. The board have basically told us they lost interest, we need to do something this season, or our promotion hopes are over until the Prince finds a buyer (which I get a bad feeling could be years). Sorry to be negative, but this is how I see it .

As opposed to expensive inferior shite?

Don't get me wrong, in terms of Berge... I still think he is a far better player than he has shown. I do think his head had been turned a bit and he wants to be in the top flight, coupled with the fact he was injured as well which has to be factored in.

But if a player doesn't want to be at the club and refuses to get gee'd up for games, should you really pay him wages and keep him at the club?

Give me a cheaper, inferior name, that gives 100% for the club, every day of the week.

As for Mcburnie.... the stays don't lie do they. A goal per game ratio of 1 in 10 in a blades shirt! A blades career that has been spoken about more off the pitch for various reasons.

I don't know the exacta, but information on the Internet states that Berge and McBurnie have a combined wage bill of just over 50k a week (32 and 20).

A quick look at other players in this league.....

Ben Bereton (20 goals so far this season) £6,500 pw

Jed Wallace £12,000 pw

Romaine Sawyers £12,000 pw

Nearer Berge and Mcburnies wages....

Andreas Weimann £18k pw

John Swift £25,000 pw

Callum Robinson £18,000 pw

 

[Blacksea]

Are any of these players officially for sale?
I heard Hecky say that this window will be more about players going rather than coming,but which players are the ones he wants to move out,and are McBurnie and Berge among them?
Maybe he sees them as part of the future and he wants to keep them.

 

[robbiez666]

Just to cheer everyone up who is lamenting the vast sums spent on the usual suspects who have failed so spectacularly , I am now having serious reservations about young master Bogle .

There was a time when I thought him to be the one shining light in respect of our recent catastrophic recruitment record but with each game he plays I am becoming less convinced that this is the case .

Against Derby , and in spite of the shortcomings of a number of others , I had him and Saunter Berge as our two worst players .

He's a defender who can't defend. While Baldock isn't as good going forward, at least he is fairly solid defensively.

The problem we have is that we've lacked creativity for years and tried to squeeze it out of CBs and WBs more than the midfield. If the midfield created a reasonable amount of chances then Baldock would be fine as RWB. This wasn't a problem with Duffy as the ball normally went through Duffy. Now, MGW aside, there is no one in midfield creating higher up the pitch. We rely on McGoldrick to drop deep and do the job but then there's only Billy in the box.

Much of the overlapping attacking play relied on sheer weight of number as opposed to creativity.

 

[Varkanoid]

He's a defender who can't defend. While Baldock isn't as good going forward, at least he is fairly solid defensively.

The problem we have is that we've lacked creativity for years and tried to squeeze it out of CBs and WBs more than the midfield. If the midfield created a reasonable amount of chances then Baldock would be fine as RWB. This wasn't a problem with Duffy as the ball normally went through Duffy. Now, MGW aside, there is no one in midfield creating higher up the pitch. We rely on McGoldrick to drop deep and do the job but then there's only Billy in the box.

Much of the overlapping attacking play relied on sheer weight of number as opposed to creativity.

Thats quite true if you look at all areas of the pitch the most immediate is midfield. You might argue LCB but if midfield did their job, of supplying the forwards and defending/taking the heat out of attacks instead of letting them go straight through to defence we would be playing better. Then its upto Defence or Forwards to do their job. Cant remember last time someone from midfield scored. Hourihane maybe but for me the immediate problem is the core and thats the midfield. We are just too light weight and dont support the forwards or defence properly. Its like an open swing door.

 

[Alan Birchenall's hair]

Mcburnie injured and ill? Self inflicted injury trying to con the ref with a dive. And then a refusal to get jabbed.
Is there no way we can stop paying the shyster's wages?

 

[SwissBlade]

I'm not the best on these things, but from what i've read from other experts, its fairly normal and as you can see below, its something we've done regularly under the Prince. It's a way of leveraging cash quickly against guaranteed future income. Unfortunately, other than the loan against Rammers money, its not possible to see what the loan value is against the PL money.

It just means that whilst us fans expect the club to splash the cash year after year because we've got Parachute payments, those payments may already be assigned against loans that we have.

Its very very unlikely that we'd be wound up tomorrow due to the nature of the borrowing, but it does mean that we'll have to reduce the wage bill considerably over the next 1-2 years and sell some of the players we have invested in.

The problem is that whilst the money we've spent is big money for ourselves, it was a drop in the ocean in the Premier League, but come back down to the Championshiop and it becomes a huge amount because of the gulf between the Championship income and the Premier League.

These are the Outstanding Charges for "The Sheffield United Football Club Limited" (00061564) on Companies House:

21st December 2021 - Macquarie Bank - Loan Secured against Receivables from Arsenal )£8 million - 31 July 2022 and £8 million - 31 July 2023)

21st October 2021 - Macquarie Bank/ Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK683080, SYK587505, SYK566753, SYK521171, SYK491863, SYK168119, AND SYK610691

21st October 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Feb 2023 (no amount is listed)

1st July 2020 - Emirates NBD Bank - Loans secured against Land with Title Numbers: SYK457849, SYK587505, SYK566753, SYK521171, SYK491863 and SYK168119 Intellectual property -Trademark’s with registration numbers: UK00003338951, UK00003424431, UK00003466711, UK00003283500 and UK00003283516

The below charges have now been satisfied on 1st Nov 2021 (perhaps with the first Rammers Payment), but worth noting as well:

18th August 2021 - Macquarie Bank - All receivables due or owing to Sheffield United from the Premier League up to and including Jan 2023 (not including the relegation payment from the Basic Aware fund to be paid by the Premier League to Sheff United for ythe 2021/22 Season).

7th January 2021 - Macquarie Bank - All Premier League money up to and including July 2022, but excluding the Basic Award Fund to be paid by the Premier League for the 2022/23 Season.

31 July 2020 - Macquarie Bank - All Premier League money up to and including January 2022

Just seen that we’ve take another loan secured against parachute payments on 13th Jan for the period feb 2022 to June 2023

Again no idea of the loan value

 

[jt64]

There's plenty of things to be irritated at players about, but their personal choice not to take certain drugs isn't one of them

 

[blade too long]

Do people realise what will happen if we do? We will replace them with cheap inferior shite.

well people said we wouldnt spend any money in the prem

my how wrong they were , we overspent on expensive flops

but you think we only chase inferior players now
we could spend 100k on a player who would work out better