Pointing fingers and all that...

[TonyAgana]

I'm presuming it's better, but only slightly.

Mmm hmm. 12 points from 57, as far as I can make out. With arguably better players than us.

This could have all been very different...

...or all the very same.

 

[raul]

Attractive in division 3 ? - with the rot still not stopped.

What do you think of it so far ?

And the biggest ever reported loss of any club in the Championship - we truly are not worthy.

 

[lenners]

Please explain why you think that will happen when there is no major creditor or debts and St Kev is the sole owner. This can only happen if McCabe allows SUFC to run up debts (at moment it's not costing him anything) and then can't service them. The club is then taken from him for nothing and I know he's made some pretty bad decisions but he's certainly not stupid.
McCabe will ensure SUFC lives within it's means staying virtually debt free to remain attractive to any potential investors or buyers.

Certainly going to be interesting next season as we are going to lose multi-millions with no way of servicing the debt without McCabe paying it himself.
We've no way of paying our bills without very large amounts of money coming from somewhere. Season tickets sales are going to be laughable.
If he's going to make sure we remain debt-free, he's going to have to throw good money after bad. We shall see.

 

[Balham]

Certainly going to be interesting next season as we are going to lose multi-millions with no way of servicing the debt without McCabe paying it himself.
We've no way of paying our bills without very large amounts of money coming from somewhere. Season tickets sales are going to be laughable.
If he's going to make sure we remain debt-free, he's going to have to throw good money after bad. We shall see.

Presuming that some of the bills will relate to player wages and presuming that the higher earners are sold in the summer, where are the rest of the capital requirements coming from?

I'd guess that Henderson, Bogdanovic, Montgomery, Quinn, Evans and Yeates will be among those available for sale; which should bring in around £2m in transfer fees and remove around £5m from the wage bill.

 

[super_pig]

maccabe will be ok.. seeing as he doesn't seem to be interested in football success anymore he's obviously had excel out and worked out the way to recoup his money is to get the wage bill to be absolutely minimal, rely on half decent crowds of 15k ish and pocket the remaining tevez cash

 

[Worksop_Blade]

Were the losses anything to do with any of TB decsions? Unlikely property deal were pre Birch.

Who has been his sole appointment? Pembo and restructuring of the academy. McCabe wasnt involved in the interviews with Smith,Pembo or Hodges.
Who was the decsion maker with Adams? If it was Birch why was McCabe involved this time and why didnt Adams fit TBs outline for the job. We went from attractive football to a manger who wants to get it forward quickly.

Adams wasnt a Birch appointment, looking at Pembo if only it was, it has all the hallmarks of a McCabe one.

But hey at least Adams is a Blade.

What eh? Have I been in a coma or something? What Year is it? Where am I?

 

[lenners]

Presuming that some of the bills will relate to player wages and presuming that the higher earners are sold in the summer, where are the rest of the capital requirements coming from?

I'd guess that Henderson, Bogdanovic, Montgomery, Quinn, Evans and Yeates will be among those available for sale; which should bring in around £2m in transfer fees and remove around £5m from the wage bill.

We will already have lost millions this season, which someone will have to pick up the tab for.
Even if we get some of the high earners off the wage bill, income next season is going to be massively down on this.
There is no way United can pay their own way next season. We're essentially in the same boat Wednesday were last year and reliant on McCabe - or someone - to loan lots of money (and pile up more debt).
Still don't think many fans have grasped just what a financial hit we are going to take.

 

[Flatulent_Bob]

What eh? Have I been in a coma or something? What Year is it? Where am I?

The statement from Birch when we were replacing Speed.

 

[bladeinspaceandtime]

I wonder where we will be in five years time...

 

[Wards]

Division 4.

Probably.

 

[SouthEssexBlade]

Lenners is right

It's a massive financial hit, with losses topped off with severely reduced income (ST sales, TV etc.). It's not a new scenario with plenty having gone through this before us:

Grunters x2
L**ds
Forest x2
Norwich
Wolves
Southampton
Charlton
Leicester
Birmingham
Man City

It's a long list of clubs who have hit the PL and then plunged in spectacular fashion (you could add Barnsley and Bradford to the list, but their daliance was IMO a one-off). Man City are unique on that list in terms of the Arab takeover allowing them recovery way above any of the others. PL might be the Holy Grail as far as most clubs are concerned, but leaving it can make it a poison chalice for some. That play-off final might be said to be worth £70m, but you'll spend that and more on salaries trying to stay there, and if you don't you are still left with most of those salaries. The parachute payments help, but only if you go straight back up. Those listed above didn't and found themselves saddled with so many financial weights they cannot stop themselves sinking.

We now join a pretty lengthy list of casualties

 

[bladeinspaceandtime]

We now join a pretty lengthy list of casualties

I was thinking the same last night, the lower leagues are littered with PL fallout, its worrying when you look at Bradford.

 

[ghandi]

We will already have lost millions this season, which someone will have to pick up the tab for.
Even if we get some of the high earners off the wage bill, income next season is going to be massively down on this.
There is no way United can pay their own way next season. We're essentially in the same boat Wednesday were last year and reliant on McCabe - or someone - to loan lots of money (and pile up more debt).
Still don't think many fans have grasped just what a financial hit we are going to take.

Len I agree we are going to take a big financial hit and we were already 5 milliom short in the accounts from the projections made. There will be severe cost cutting because there isn't any new investment nor buyer on the horizon but there still remains one or two property assets to sell but the point I was making in the previous post MCabe isn't going to allow the club to go to admin where he loses everything if anything he's more likley to liquidate SUFC.

 

[super_pig]

>MCabe isn't going to allow the club to go to admin
well you wouldn't think so would you.. by the way things have been going lately though, a cynic might start to wonder what the end game is?

 

[Bladesway]

And don't give me that crap about how he had to sell and wheel and deal on a lower budget. Most managers have to do this and do a much better job than he did.

Any decent player was moved on by him and replaced, often at equivalent cost in terms of wages, for a vastly inferior alternative.

Oh yes Kevin Blackwell has left his mark.

And what a mark.

Right heres some basics for you. Manager comes in and is told to have fire sale of anything decent after he has been at the club 12 months. He has a fire sale and (wait for the good bit) he has to sell and wheel and deal on a lower budget. He still manages to get us to a play off final and the next season when reality starts to bite, we sell more good players, replace them with not so good players and we finish lower down the table.

Dronnie, you are getting how this works aren't you?

 

[Worksop II]

Right heres some basics for you. Manager comes in and is told to have fire sale of anything decent after he has been at the club 12 months. He has a fire sale and (wait for the good bit) he has to sell and wheel and deal on a lower budget. He still manages to get us to a play off final and the next season when reality starts to bite, we sell more good players, replace them with not so good players and we finish lower down the table.

This is spot on, and this is why Blackwell was set on, to oversee this, he was a willing, paid patsy for McCabe.

Unfortunately, Blackwell couldn't see further than the next paycheck, never realising one day he would pay the price.

When Speed learnt the price of dealing with McCabe he couldn't get away quick enough.

Is Micky for real, or just the next lap dog ?

 

[Rustyblade]

Is Micky for real, or just the next lap dog ?

I don't understand the question.

"I'm for real, Kev. Give me the money."
"No."

"I'm a lap dog, Kev. Give me the money."
"No."

Or is for real defined as telling Mr McCabe to fuck off and walking out of his job with no compensation?

 

[Worksop II]

Or is for real defined as telling Mr McCabe to fuck off and walking out of his job with no compensation?

Who knows, Speed managed to get out .......

And of course Micky deserves bags and bags of Compo for his and his teams efforts .....

 

[Rustyblade]

So what you're saying is that we should look for managers who know how to get out?

No matter what manager we get, he ain't getting any money he can't generate for himself and only then if he's lucky so what exactly do you want him to do?







Okay. Not buying Collins and Doyle would be a start. Oh, and not letting Jamie Ward go out on loan and.........

 

[bladeinspaceandtime]

This is spot on, and this is why Blackwell was set on, to oversee this, he was a willing, paid patsy for McCabe.

Unfortunately, Blackwell couldn't see further than the next paycheck, never realising one day he would pay the price.

When Speed learnt the price of dealing with McCabe he couldn't get away quick enough.

Is Micky for real, or just the next lap dog ?

Absolutely correct, and its because of this (love him or loathe him) Blackwell was on a hiding to nothing. In any business it's obvious what will happen if you sell off your best assets and replace them with mediocre ones and fail to invest properly - you would have thought that Maccy C would understand this (being the super whizzo property tycoon he is). Maybe he does and either and is truely skint or just doesn't give a fuck. The scary thought is that this policy will continue as revenues fall due to relegation, with obvious consequences.