I don't want to abuse McCabe, but I do genuinely believe he is the ever present during the demise of our team.
I have it on good authority that he is very autocratic in his dealings with people (that is the polite version). This reflects in the constant changes at board level and in the MD position, where we have as high a turnover as in the managerial chair. There can be no long term strategy when we constantly change the people who are trying to run the club.
He is the king of spin and frankly talks bullshit at times. He loves coming onto radio Sheffield or forums and playing the big man, but frankly most blades fans would rather hear the truth. We will live with that. But statements like Game Changing, Roberto di Matteo and Beattie has Flu have dissolved his credibility to zero for me.
Pinchy delights in telling us how much money he has put in. I don't deny this, but accounts have two sides to the sheet and he has for a number of years taken 10% interest on his loans and the conversion to shares has given him a stranglehold on the club. This is without taking into consideration that A hotel was built, on SUFC land and the club no longer owns that hotel, after we were told projects such as this would be used to fund the football club. The pound we received in exchange hasn't gone very far. So again the claim that "If he was going to redevelop the lane he would have done it by now" only partially true. Most fundamentally for me, why do we have to use fancy accounting to separate Sheffield United Football club from the ownership of its ground and training ground? This cannot be a good thing and is a downright dangerous situation in the event the club is ever sold.
We sell our best players every, without fail. so the claim that we will develop a team based on youth is an absolute myth. The timing of those sales further exacerbates the sale in itself as they normally come at a late stage in the window when it is too late to recover. The Blackman sale in January when we were in touch with the top spot was frankly staggering. After each sale the promise of reinvestment inevitably fails to materialise. Let us not forget that McCabe was part of MacDonalds board when we sold Deane and Fjortoft, nothing has changed since.
Finally his decision making! One word "Disastrous" he makes knee jerk decisions and has no plan B. from the sacking of Warnock onward, he has made or been party to disastrous decision after disastrous decision in terms of both appointments and sackings.It is staggering that this man managed to develop a successful business empire.
I want to weep when I look at the state of my football club. We are a laughing stock on a par with Leeds United in the way that we are run and people still defend Kevin McCabe. It is laughable. His heart may be in the right place, but I cannot wait for the day when he is gone.
Nice to read criticism of McCabe without bile and malice. Lots of truth, fair comment and opinion in there but some misinformation as well.
He did take 10% interest, doesn't anymore, but only on a proportion of the loans.
The hotel has operating losses of over three million which would have been in the FC accounts if the hotel had remained an asset or Plc whichever it was in, I forget now. The value has also been downgraded in the accounts to reflect a fairer valuation and is valued at £6.5m less than it cost. A hit which SUFC would have had to take. In short it's been another poor decision but KM Hasnt lumbered the FC with it, let alone deprived it of income.
If certain people on here are to be believed and HRH has no more money to invest, taking the ground out of the bit he owns is actually a sound move. For McCabe as well obviously but it offers some protection as well. That's been explained at length on here.
McDonald called all the shots at that time just as McCabe does now. It's McCabes fault now MM's then.
He's always had a stranglehold on the club as he controls 85% of the shares in SU Ltd, formerly the Plc. The ground situation hasn't altered at all in reality. He owned it then just as he does now.
Warnock wasn't sacked.
I fully agree his decision making has been disastrous, no one can, or should, say otherwise, it's a fact. Yes people have let him down badly but the buck has to stop with him at the end of the day and the losses incurred aren't due to bad luck but bad management. He has to take that on the chin. I doubt he has any other choice.
As I said, makes a change to read a reasonable critique of the man that doesn't accuse him of being a thief or bleeding the club dry by taking millions out.
