Hang on. You say 'we have had investment'
Let's open that out a bit. How much has been invested in playing staff, since we dropped to div three?
Next, tell me how much we have sold in monetary value of players.
Next, tell me what 'investment' that nice pitch has paid in dividends this season. I wouldn't have twitched an eyebrow if we'd have spent that £1m+ on Dan Burn in the JTW (or STW) if he'd have stopped eight or nine avoidable goals this season. That is investment.
pommpey
I'm only looking from when the Prince tookover as that ties with the "Investment" proclamation from McCabe.
The way I see it is:
Transfers in (Approximate values):
John Brayford - £1.5m
Matt Done - £500k
Billy Sharp - £500k
Florent Cuvelier - Undisclosed
Stephan Scougall - Undisclosed
Paul Coutts - Undisclosed
(I'll make an assumption that the combined undisclosed fees are £500k)
Total £3m (This doesn't include any signing on fees for our "Free" transfers)
Transfers Out (approximate Values):
Harry McGuire - £2.5m
Jamie Murphy - £1.75m
Total £3.25m
Sheffield United operating loss Y/E 2014 - £3.4m
Sheffield United operating loss Y/E 2015 - £2.5m
Total Operating loss - £5.9m
The operating losses will include income from our excellent cup runs. This leads me to believe there has been investment of, roughly, just under £6m in the last two seasons.
Regards the Desso pitch. Nothing that SUFC do is done for anything other than financial reasons, the long term view is that the new pitch will/should allow us to host events which will increase our revenue (nothing really to do with playing lovely passing footy). I probably agree that the money would've been better spent on the squad instead this season, we could then upgrade the pitch when we're in the championship where the knock on effect of it potentially taking money away from being invested in the playing squad is reduced. The £1m for the Desso pitch isn't included in my figures.
People seem to view "Investment" as spending on players in the squad (probably due to big mouth McCabe) without the "Investment" to cover the Operating Losses where would we be?
SUFC Accounts 2014 -
http://www.sufc.co.uk/documents/su-ltd-statutory-accounts-30-june-2014-fully-signed135-2104652.pdf
SUFC Accounts 2015 -
http://www.sufc.co.uk/documents/20151119-sultd-statutory-accounts135-2808462.pdf
Transfer Info -
http://www.transferleague.co.uk/sheffield-united/english-football-teams/sheffield-united-transfers