Lack of interesting in buying us

[grafikhaus]

I think the fact McCabe wants to retain some interest / control might have something to do with it. A lot of buyers would want to take over completely and (probably) quite rightly, McCabe won't just let go.

That's how I read it. Like Bill Kenwright at Everton & Bates at Leeds, these people are good at making 'selling noises' but realise there's far more money in football than any other current investment opportunity.

 

[Darren]

That's how I read it. Like Bill Kenwright at Everton & Bates at Leeds, these people are good at making 'selling noises' but realise there's far more money in football than any other current investment opportunity.

Lets say you won £20m in the Euro lottery. Would you first thought be "great, I'm off to put all my money in a football club, that's a great way to make my money grow?"

 

[Micalijo]

Those who make the most noise in public and pick the club most blatantly in the shit aren't the sort of new investment opportunities we are in the market for.

Prove it please? Source? You asked the family yourself? When you asked did you also ask why SUFC Ltd no longer owned the freehold and what impact this has on the seacrh for investment? Or, did you bottle it? Or, do you fail to grasp that this disgusting property speculator is preventing investment because he holds the freehold and would charge rent?

 

[Balham]

Blah blah blah Or, did you bottle it? blah blah blah

That's a bit rich Mic but then I suppose you are the resident expert when it comes to "bottling it" about asking questions of our illustrious leaders.

That said, you've got me thinking about sides with takeovers recently:

Watford - going OK. 15(?) players in on loan though and questions over the damage to the club's identity and long term plans.

Cardiff - flying and should win the Championship. Is that worth the cost? They were the Bluebirds but it sounds like they're about to become the Cardiff City Dragons. I don't think I'd be happy if we swapped our red and white stripes for anything.

Leeds - shysters v3. Going so well they are apparently selling up already.

Blackburn - not exactly a roaring success there.

Wednesday - paralysed by a lack of investment and in danger of slipping back into the third tier

Bournemouth - with the investment in their playing squad they really should be 15 points clear this season, even with their dreadful start.

Forest - might have settled on a long term manager now but again, with the money they've spent they really should be top of the Championship

Leicester - see Forest

Hull - going OK.

Forgive me if I've missed any obvious candidates; but out of those nine clubs there are only three doing relatively well and of those three, it's only Hull where there hasn't been a negative impact on the fabric of the club.

 

[Darren]

That's a bit rich Mic but then I suppose you are the resident expert when it comes to "bottling it" about asking questions of our illustrious leaders.

Putting my Freudian hat on, I wonder if the likes of Mic have have an absolutely unselfconsious lack of insight into what they post and how they come across to others or whether they have a painfully arch and ironic self-consciousness and take delight in the playfully outrageous contradictoriness of their posts.

Answers on the proverbial postcard....

 

[SwissBlade]

All I can say is that once the vultures start circling, you know that is when we are really in the shite.

The fact that the Pigs, Leeds and the likes of Coventry all attracted such investment tells you a lot.

We're ripe for a big money investor to come in, but it won't be someone that really gives a shite about the club, look at Mandaric, do we believe that he has the interest of the club at heart? Not likely.

Some of these so called Billionaires just come in and don't appreciate what they are taking on, Leeds, Blackburn, Pompey to name just a few

Sure some get success, but when these miracle investors come in its not always for the good. Abromovich is now finding that he can't buy success. Just because he buys the most expensive player, doesn't buy results anymore...

 

[Highbury_Blade]

Sure some get success, but when these miracle investors come in its not always for the good. Abromovich is now finding that he can't buy success. Just because he buys the most expensive player, doesn't buy results anymore...

That'll be Abramovich, Owner of the club that won Europe's top club prize last season then.....

 

[Bladesway]

All I can say is that once the vultures start circling, you know that is when we are really in the shite.

The fact that the Pigs, Leeds and the likes of Coventry all attracted such investment tells you a lot.

We're ripe for a big money investor to come in, but it won't be someone that really gives a shite about the club, look at Mandaric, do we believe that he has the interest of the club at heart? Not likely.

Some of these so called Billionaires just come in and don't appreciate what they are taking on, Leeds, Blackburn, Pompey to name just a few

Sure some get success, but when these miracle investors come in its not always for the good. Abromovich is now finding that he can't buy success. Just because he buys the most expensive player, doesn't buy results anymore...

Best stick with Kev because while he is shit, at least he is our shit eh? Wouldn't want any shonky foreigners in Sheffield, one is more than enough.

 

[yorkshirecoast]

What potential does United have over the other teams?

Twice as many fans (based on average attendances when in same Division)

 

[SwissBlade]

That'll be Abramovich, Owner of the club that won Europe's top club prize last season then.....

Yep, but can you see them winning it again anytime soon?

 

[SwissBlade]

Best stick with Kev because while he is shit, at least he is our shit eh? Wouldn't want any shonky foreigners in Sheffield, one is more than enough.

I never said that though did I....

I commented on a few cases

 

[Highbury_Blade]

Yep, but can you see them winning it again anytime soon?

If they get rid of benitez and bring someone decent in, yes.

 

[stannyblade]

That'll be Abramovich, Owner of the club that won Europe's top club prize last season then.....

And then sacked the manager that had just won it because results werent acceptable.

If we did get a new owner I for one would want a british owner that isnt going to keep spitting the dummy out a la Blackburn/Forest etc

 

[Sothall_Blade]

Spot on. No love for McCabe but when you look at some of the dickheads buying clubs these days....

Very true. We're caught between the devil and the deep blue sea.
It makes me wonder whether there's a better way forward with McCabe still at the helm.
The way I see it, with the new FFP rules reducing wages to 65% of turnover, the club must surely be close to breaking even now in terms of the day to day running of the club.
The only milestone around our neck is the debt of £32M, most of which I think is owed to McCabe himself.

Is it that far-fetched for McCabe to draw a line in the sand and write off any debts that United owe him?
He's not likely to see that money again as things stand anyway and it's only a small dent in his personal wealth.
It would be a massive gesture from him and should allay the fears and suspicions of even the most anti-McCabe supporters.

From United's point of view, if we had no debt and were breaking even the days of players being sold simply to balance the books would be over.
The decision on when to sell players could then be handed over to the manager on the basis that it only happens if it's a good deal for the club and the money can be used to strengthen the team.
McCabe wouldn't need to get involved in that side of things any more and could take the back seat that he clearly wants as a (dare I say) popular and trusted figurehead.

Can anybody see any flaws in that master plan?

 

[Micalijo]

Very true. We're caught between the devil and the deep blue sea.
It makes me wonder whether there's a better way forward with McCabe still at the helm.
The way I see it, with the new FFP rules reducing wages to 65% of turnover, the club must surely be close to breaking even now in terms of the day to day running of the club.
The only milestone around our neck is the debt of £32M, most of which I think is owed to McCabe himself.

Is it that far-fetched for McCabe to draw a line in the sand and write off any debts that United owe him?
He's not likely to see that money again as things stand anyway and it's only a small dent in his personal wealth.
It would be a massive gesture from him and should allay the fears and suspicions of even the most anti-McCabe supporters.

From United's point of view, if we had no debt and were breaking even the days of players being sold simply to balance the books would be over.
The decision on when to sell players could then be handed over to the manager on the basis that it only happens if it's a good deal for the club and the money can be used to strengthen the team.
McCabe wouldn't need to get involved in that side of things any more and could take the back seat that he clearly wants as a (dare I say) popular and trusted figurehead.

Can anybody see any flaws in that master plan?

Yes - you used the words popular and trusted in the same sentence as McCabe whilst omitting to point out that SUFC Ltd no longer owns the freehold and that is only wedge return will be by charging rent to any new owner.

In fairness to McCabe, he did convert debt to equity so your £32m is wrong I believe in terms of loans owed to McCabe.

 

[Micalijo]

All I can say is that once the vultures start circling, you know that is when we are really in the shite.

The fact that the Pigs, Leeds and the likes of Coventry all attracted such investment tells you a lot.

We're ripe for a big money investor to come in, but it won't be someone that really gives a shite about the club, look at Mandaric, do we believe that he has the interest of the club at heart? Not likely.

Some of these so called Billionaires just come in and don't appreciate what they are taking on, Leeds, Blackburn, Pompey to name just a few

Sure some get success, but when these miracle investors come in its not always for the good. Abromovich is now finding that he can't buy success. Just because he buys the most expensive player, doesn't buy results anymore...

What a joke you have become Swiss! We are in the bleedin 3rd tier with a pathetic squad and bleak future - how much more in the shote can we get?

Just remind me who won the CL last term.

 

[Micalijo]

That's a bit rich Mic but then I suppose you are the resident expert when it comes to "bottling it" about asking questions of our illustrious leaders.

That said, you've got me thinking about sides with takeovers recently:

Watford - going OK. 15(?) players in on loan though and questions over the damage to the club's identity and long term plans.

Cardiff - flying and should win the Championship. Is that worth the cost? They were the Bluebirds but it sounds like they're about to become the Cardiff City Dragons. I don't think I'd be happy if we swapped our red and white stripes for anything.

Leeds - shysters v3. Going so well they are apparently selling up already.

Blackburn - not exactly a roaring success there.

Wednesday - paralysed by a lack of investment and in danger of slipping back into the third tier

Bournemouth - with the investment in their playing squad they really should be 15 points clear this season, even with their dreadful start.

Forest - might have settled on a long term manager now but again, with the money they've spent they really should be top of the Championship

Leicester - see Forest

Hull - going OK.

Forgive me if I've missed any obvious candidates; but out of those nine clubs there are only three doing relatively well and of those three, it's only Hull where there hasn't been a negative impact on the fabric of the club.

Of all the nonsense you have posted on here about tax and football, your comment suggesting that we are unable to compete with Bournemouth in the 3rd tier under salary cap rules is truly astonishing.

 

[Micalijo]

We managed 3 FA / league cup semis as a championship club , in a decade not many prem teams have done that , outside the top 4

we still have the 5th best all time league record , to say we are a div 3 club is like saying wigan have always been a top division club

5th best?? Can you elaborate or have you gone back in time to 1910 or somat?

 

[Sothall_Blade]

Yes - you used the words popular and trusted in the same sentence as McCabe whilst omitting to point out that SUFC Ltd no longer owns the freehold and that is only wedge return will be by charging rent to any new owner..

What if he agreed a 100 year lease at a nominal fee while writing off the debt?
Would he be trusted and popular then?

In fairness to McCabe, he did convert debt to equity so your £32m is wrong I believe in terms of loans owed to McCabe.

I'm happy to be informed. How much do we owe McCabe? Who else do we owe money to?

 

[UnitedBlade]

What if he agreed a 100 year lease at a nominal fee while writing off the debt?
Would he be trusted and popular then?



I'm happy to be informed. How much do we owe McCabe? Who else do we owe money to?

Net debt at June 2012 was £27.25M.

£8.5M is still owed to Santander although we are told all this will be settled in the summer.

There is a figure of "Other Loans" of £19.64M which presumably is all the loans from McCabe companies.

I'm not an accountant but it looks like about £20M still owed to McCabe companies at June 2012.

 

[Balham]

Of all the nonsense you have posted on here about tax and football, your comment suggesting that we are unable to compete with Bournemouth in the 3rd tier under salary cap rules is truly astonishing.

Astonishing though it may be for you, I have not at any point said that we are "unable to compete with Bournemouth". Bournemouth have spent over £1m on players this season though and in this league that should put a team well clear at the top.

In case you hadn't noticed, the salary cap is linked to turnover (not profit) leaving clubs free to spend pretty much whatever they want on transfer fees. That means that a club with a higher budget for wages can afford to buy £500k players (Matt Richie).

By contrast, while we've got a higher wages because we're paying what I consider to be inflated wages to average players. That's not the owner's fault - his mistakes have been in the managerial appointments he's made. Is that so difficult for you to understand?

5th best?? Can you elaborate or have you gone back in time to 1910 or somat?

Type "all time league table" into Google. It's just a compilation of league games played in a club's history and doesn't take the division into account, meaning that our habit of finishing near the top of whatever league we're playing in bodes well. It's flawed beyond redemption but we are above Wednesday.

 

[Darren]

What if he agreed a 100 year lease at a nominal fee while writing off the debt?
Would he be trusted and popular then?



I'm happy to be informed. How much do we owe McCabe? Who else do we owe money to?

Apparently McCabe 2 years ago was worth £180m

http://www.thescarboroughnews.co.uk...town-s-rich-lose-places-on-the-list-1-3363056

Assuming thats still the position, asking him to write off the £20m United owe him is asking him to effectively donate just over 10% of his wealth to United, which I don't think is that big an ask to a multi-millionaire.

So, of KM were to agree to write off the debt and state he was not pumping any more money into United and that the business must now be self financing, would we want that?

 

[broomhillblade]

Apparently McCabe 2 years ago was worth £180m

I hope he's not stuck it in a Cyprus bank

 

[blade too long]

5th best?? Can you elaborate or have you gone back in time to 1910 or somat?

sorry now 6th, well above wednesday

http://www.statto.com/football/stats/england/all-time-table

all these are games to date ,
60 seasons in the top flight 1 in div 4 7 in div3 the rest in what is now the champiuonship

 

[blade too long]

ll time championship makes interesting reading
we average 1.5 points per game , piggies 1.25 points per game
better than us my arse
http://www.statto.com/football/stats/england/all-time-table

click on league championship , all time table then full

 

[gavtheblade]

Ive said it before and will say it again,mccabe will not budge from the club unless he reaps what he put into it,and who can blame him for that.
That bloke will be in a pine box to surrender his position at the club.
The best we can hope for is promotion this season,then as a club on and off the pitch we will be a much more attractive turd to polish.

 

[Foxy]

Prove it please? Source? You asked the family yourself? When you asked did you also ask why SUFC Ltd no longer owned the freehold and what impact this has on the seacrh for investment? Or, did you bottle it? Or, do you fail to grasp that this disgusting property speculator is preventing investment because he holds the freehold and would charge rent?

Go on then, I'll bite.

Kevin McCabe has stated on numerous occasions that investment is sought from sources with the "best of intentions for the club and community", to be considered, they must fit this ethos and recognise the intended business model. It's been mentioned many times that he would like a "partner investor" to help in bringing "sustainable benefits" to Sheffield United, rather than just any old money to buy him out.

I assume you know the terms of the rent and exactly how they would change should an investor who ticked all McCabe's boxes come in?

If not, I know just how you could try and find out.

Some of those questions were asked of other club staff at the last public forum which you declined to attend.

Regardless of any of this, my point still stands, WE (as in Sheffield United and it's supporters) would be better of without the kind of investment previously discussed.

 

[BornOnShorehamStreet]

Type "all time league table" into Google. It's just a compilation of league games played in a club's history and doesn't take the division into account, meaning that our habit of finishing near the top of whatever league we're playing in bodes well. It's flawed beyond redemption but we are above Wednesday.

And we're only 637 points behind the leaders, Manure! How many games do we have in hand?



Interesting who we are higher than actually

 

[blade too long]

If a club like Everton cant attract investment , cant see why we whinge about it


lack of interesting ?

 

[Micalijo]

Go on then, I'll bite.

Kevin McCabe has stated on numerous occasions that investment is sought from sources with the "best of intentions for the club and community", to be considered, they must fit this ethos and recognise the intended business model. It's been mentioned many times that he would like a "partner investor" to help in bringing "sustainable benefits" to Sheffield United, rather than just any old money to buy him out.

I assume you know the terms of the rent and exactly how they would change should an investor who ticked all McCabe's boxes come in?

If not, I know just how you could try and find out.

Some of those questions were asked of other club staff at the last public forum which you declined to attend.

Regardless of any of this, my point still stands, WE (as in Sheffield United and it's supporters) would be better of without the kind of investment previously discussed.

God I hope for your sake you aint as gullible when buying your boy racer cars and other stuff as you are when talking about McCabe.

Your post reads as a pathetic list of excuses as to why SUFC is struggling to keep pace with the might of Brentford, Swindon, Yeovil and Donny. And why the bite bit at the top? It is quite clear to the more perceptive amongst us why nobody is interested so I will spell it out again. Any new owner would have to pay rent to McCabe and quite rightly nobody in their right mind would do so.