Sean Thornton
I say a little prayer….
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I think you should do more research then my friend ....... the communist twat used the miners to pursue his own objectives and even the miners realise that after the events ......
UTB & FTP
Sorry, yeah that makes more sense.The bit where it says "transfer of the club"
James shield thinks the deal for the 50% depends on the property side but I don't see how he's got that from the statement, unless he knows something we don't.
https://trib.al/WZZKY95
Maybe but I can't see that in the statementMebbe's McCabe is asking for cash for the property in addition to the investment Princey will be tied into?
James shield thinks the deal for the 50% depends on the property side but I don't see how he's got that from the statement, unless he knows something we don't.
https://trib.al/WZZKY95
To get a bigger house or a flat in the Barbican?
Maybe but I can't see that in the statement
The 'certain circumstances' re: the property sounds a bit vague...maybe these circumstances weren't so certain!
How on earth did you deduce that?
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Good point , the property aspect may not be contractually dependant but it may be the only way the prince will take control of the clubIn the long run the Prince won't want someone else to have control of the ground and be shelling out rent, but in the short term it shouldn't matter at all.
I've heard on very good authority (VIP Blades) that the Prince and KM are mud wrestling in the centre circle at half time.
Winner takes all.
The Prince served a notice exercising an option to purchase the remaining 50% of Blades Leisure from Sheffield United Limited. Both parties are currently in negotiation with regard to the remaining provisions in the Investment Agreement and hope to come to a final settlement in the near future.
I am very basic I know, but I thought it would be similar to activating someone's buy out clause for their half, done deal. They are now negotiating the rest.
I would expect that the detailed option agreement would have allowed for HRH to buy the property at 'fair market value'. There will be a mechanism (eg 3 valuations from RCIS surveyors etc) but obviously this will take a bit of time to resolve.
In the long run the Prince won't want someone else to have control of the ground and be shelling out rent, but in the short term it shouldn't matter at all.
I would expect KM to swan off into the sunset and the agreement might make him an honourary 'president' or similar for a few years. I'd expect him to remain on the board for a short while to ensure some stability.
Err, whoosh......
I don't like this other side of your personality. Can I call this one Tyler
I know he was not everyones cup of tea,but here is my favourite Nazi![]()
Erwin Rommel.
The Commander of the Axis forces, during the North Africa campaign.
Implicated in the attempt to assassinate Hitler and so forced to commit suicide, in return for assurances that his family wouldn't be harmed.
Even the British forces in North Africa admired the man and saw him as a tactical genius, especially the way he manoeuvred his Panzer divisions.
I suppose the value of the property aspect of the club is pretty much set and not really affected too much by the teams league position.
Football stadium- only useful for playing football on, and can be used to gather revenue from supporters based on its facilities, but improving the facilities cost money which has to balance out its revenue making potential. Other than that, it’s real estate value will be impacted by the cost of turning the land into something else.
Academy is real estate, no commercial value other than to the club.
Business centres and hotels generate income on their own right and value will be dependent on their profitability.
So, for me it matters not where the team are in terms of level, the value of assets will remain similar unless huge profits are generated by commercial activities.
Reminds me of when I went to the Royal Albert Hall and watch Lynsey Dawn McKenzie and her sister have a similar mid wrestling fight in the interval of the Stranglers 25th birthday party. Electric Blue orchestra were also there I think. As you can see I am choosing to select a nice memory rather than a nightmare.
Some pertinent bits in this Times article from September:
"Sheffield United were not surprised when Harry Maguire, one of their famous old boys, contacted them to buy tickets among the travelling fans heading to Hillsborough for the Steel City derby tomorrow. Like Kyle Walker, Dominic Calvert-Lewin and many others, Maguire has never forgotten how the Blades gave him a chance.
Sheffield United are not the type to boast but there have been a few quiet smiles amid the sweat at their dream factory, the SteelPhalt Academy at Shirecliffe. They have just been ranked eighth in the list of clubs whose academy graduates have played most minutes in the Premier League, a source of great pride for their co-owner, Kevin McCabe.
“Maguire, Walker and Calvert-Lewin will always be part of the club, their roots come back to Sheffield United,” McCabe says, watching training on a brisk autumnal morning. With him is his young, impressive academy manager, Travis Binnion, who adds: “Harry ordered six tickets in the away end at Hillsborough. Kyle will be there if he can.”
The “one of our own” feel stretches from McCabe to manager Chris Wilder and captain Billy Sharp and also Binnion, a former youth-team player here. “Chairman, manager and captain are all fans, you don’t get that elsewhere,” Binnion says. “We have the branding ‘Forged in Steel’ and that’s powerful. Honesty, integrity and respect are the three words we hammer into them all the time, round the dinner table, on the bus, representing the club. With Chris Wilder as manager, you’ve got no chance of surviving if you’re big-time here. The club doesn’t tolerate any egos.
“We work on life skills. We sent our first-year scholars to asphalt producers, recycling, grafting for a week, dealing with rat ****, some in overalls in a foundry, night-times playing non-League teams and training to show them, ‘If I’m not going to be a footballer, it’ll be this’. It almost broke a couple of them.”
Such is the quality of the development programme that elite clubs watch and pounce. “The big clubs try to hoover up the best players, serenade the parents, give perks,” McCabe says. “With the FA, there’s rhetoric but never any action. The worst example was Jacob Mellis. Chelsea took him; if he’d been with us another two years, he’d have been a better person as well as player. Where’s he now?”
Mansfield Town in League Two. “He would have played in the first team here, in the Championship at 17, 18, instead of falling down,” Carl Shieber, the head of football administration, says. “The sad thing is we’d get less for Mellis now (under the Elite Player Performance Plan), £130,000, than back then when it was still peanuts, £400,000.”
Binnion emphasises the “pathway” offered outside the Premier League. “Look at the England team, all those who have come through EFL because of opportunity and grounding: John Stones (Barnsley), Dele Alli (MK Dons), Joe Hart (Shrewsbury Town), Harry Maguire here. I can’t see these top clubs blooding them.
If parents are offered a house in Sale, with private education for the kid, and a seven-year contract, not many players turn that down
“You might be at City and then gone because some Mexican comes in. We got Brooksy (David Brooks) out of City at 17, wow, technically different class. He didn’t want to win the ball back at City, but we look at what he might be, we persevere. He got player of the tournament at Toulon (with England this summer). Hopefully we can keep him. But there will be a price. It will be a good chunk of money for us.
“Look at little Sammy (Ompreon) there, blue boots, unbelievably talented, in the mould of David Brooks, but Chelsea can just spit him out. Chelsea released him in December, we took him, we have invested in him for the next three years. He’s technically outstanding, but look at him, he won’t be a man until he’s 20.”
Talk turns to the loss of Aaron Ramsdale, a promising goalkeeper, to Bournemouth. “Little old Bournemouth,” McCabe sighs. “But they are in the league that’s got the cash.
“He was given a 300 per cent wage increase,” Shieber shrugs. “What could we do? Manchester City were interested in Ramsdale, and their response in January when Bournemouth put the bid in was if it goes well, we’ll just pay for him later on. The same thing that happened with Kyle Walker (via Spurs).”
The food chain is well established. “If parents are offered a house in Sale, with private education for the kid, and a seven-year contract, not many players turn that down,” Binnion adds. “These kids earn so much money so early that it must be hard not only for the players but for their families to stay on track.”
We stroll back to the pavilion canteen, soon joined by the lithe, cheery figure of Derek Geary, formerly of Wednesday and United, and now lead coach of the under-18s. “Kids are spoilt rotten, they get pampered,” Geary argues. “I made my debut at Wednesday and had Des Walker beside me, and you’d expect someone like that to help, but he hammered me. Even after 50 league games, Des still had me making tea, and saying, ‘You’re not good enough yet’.
“It was the best thing that happened to me. Now they’ve played one game and (say) ‘I don’t have to make tea’. When I was at Wednesday, they told me I was too small. I used that as a motivation. Jamie Vardy got there because he was released by Wednesday, that was the bump he needed.”
We head to Bramall Lane to catch up with Wilder. On the way, McCabe points to various projects supported by the club. “We serve the city,” he says. “I’m steward of an institution. International owners have got to grasp that. I was born across the street from the ground. I go back before Tony Currie (1968-76), my initial idol was Joe Shaw (1945-66) and Alan Hodgkinson (1954-71).”
On arrival at Bramall Lane, McCabe admires the statues of Shaw and of the former chairman, Derek Dooley, standing about 30 yards from the South Stand. “I deliberately placed the statues there as the (new) entrance to the stadium (with the planned new stand cantilevering out). We have consent at Bramall Lane to extend it to 45,000.
“We’re anxious — desperate — to get back to the Premier League. Look, Sheffield desperately needs two Premier League clubs to boost profile, prosperity. With both Wednesday and United there’s a passion. Sheffield’s a much bigger football city than Leeds and Newcastle. Bramall Lane is the oldest stadium in the world. We’re the world’s oldest United.”
McCabe finds some of the Premier League excesses distasteful. “Having to cope with the obscene amount of money for players, who become mercenaries, and stomach the amount of money paid out for agents’ fees plus salary packages, is not my cup of tea. Football has got out of control. It will only cure itself and get back to the people’s game if something drastic happens, [like] a broadcasting organisation getting into trouble.”
The club represents a working-class background at its very best, based in the heart of the city
Such a scenario seems unlikely, especially with possible new bidders such as Facebook being mentioned.
Relegation in 2007 still rankles with McCabe. West Ham were fined £5.5 million by the Premier League for fielding an ineligible player in Carlos Tevez but, crucially, were not deducted points so they stayed up instead.
“It was an improper injustice over Tevez,” McCabe recalls. “I don’t forget it. Am I bitter about it? Not really, I get on with life, I still speak to [the executive chairman] Richard Scudamore but the governance of the Premier League was disgraceful. They never, ever once put to the tribunal between themselves and West Ham to deduct points. West Ham admitted it, they cheated, they lied getting [Javier] Mascherano and Tevez. I look back and think, why the hell did it happen to this club? Even the Ched Evans affair, why is it Sheffield United?”
Evans served two and a half years after being convicted of rape, was found not guilty after a retrial, and has now returned to the club. “When you’re in charge, you can’t back away, you have to cope with it,” McCabe says. “I dealt with it by seeing the lad, to assimilate (establish) to myself whether I was going to sack him. When I heard his story, which I didn’t like one iota as an older guy like myself coming from a different era, I knew he hadn’t committed a crime. So that’s how he got my support.”
Did he discuss the support of Evans with representatives of the club’s ladies’ team? “We talked to people inside the club. It’s been proven that the lad was innocent, the girl didn’t press (charges), she didn’t say she’d been raped, she thought she’d lost her handbag, and the police told her their interpretation. It’s not our problem any more. But, hey, the lad was worth an awful lot of money who would have got us automatic promotion.”
So was it a football or financial decision? “It was principle. But the abuse we took for it has changed my view of life in general, the death threats, non-stop abusive phone calls, you couldn’t believe it. It got to the stage where the only thing I could do was say no to Ched to protect my own people here.”
He remembers other testing times, relegation on the last day of the 1993-94 season. “Two-one up against Chelsea, lost 3-2,” McCabe says. “It’s a heart-attack club.” He enters Wilder’s office and the manager quickly adds to the narrative. “It’s not a club for the faint-hearted, and what’s gone over Tevez, Ched,” Wilder says. But it is special. “The club represents a working-class background at its very best, based in the heart of the city. We consider it a city club, where the other lot down the road (Wednesday) is outside.”
McCabe clearly enjoys listening to the locally born Wilder. “Chris didn’t have the best of starts last season but the fans tolerated it because he’s our lad. It is unusual to have a culture from Chris, Billy and myself. There’s an understanding of what the club is, that passion, give your all on the field of play. It’s the best football I’ve seen since the Tony Currie days. Dave Bassett and Neil Warnock were great managers but it was very much direct. I’d only ever speak to Neil when we were losing because when we were winning he was like a dog with two tails!”
I want them to have a real feel for what Sheffield United’s about
Wilder smiles. “Supporters have been brought up with Currie, Alan Woodward, Len Badger, they want to see decent football, front foot, wanting to make tackles. We want to make this place a tough place to come and get points, without anything naughty going off on the way from the train station to the ground, we don’t want our supporters or my team making it easy.” McCabe laments, “We’ve still got bloody idiots, supporters who let us down.”
So what of the future? Will his sons carry it on? “Look, Simon lives in Beaconsfield, works out of London. Scott lives two hours away. The answer is I don’t think so. It will be their decision. I’ve got (co-owner) Prince Abdullah, nice guy, he’s beginning to understand. The family still owns the real estate because I don’t want: a), for us to play in blue and white, and b), to move away from Bramall Lane, at least in my lifetime. Whoever actually takes over, I want them to have a real feel for what Sheffield United’s about: foundations deep in the community.”
Rommel's genius was somewhat overdone (it suited the Brits to argue that a guy who had the beating of them wasn't your average kraut). Every victory he won in North Africa he won by turning the open allied left flank (the right flank was anchored on the Mediterranean, the left dangled in the desert). Auchinleck clocked that and set up the Alamein position with the Qattara Depression, impassable to tanks, securing the allied left. At the First Battle of Alamein, Rommel was reduced to frontal slogging, much like the First World War and got nowhere. Auchinleck was unfairly sacked, replaced by Montgomery, who defeated Rommel at the Second Battle of Alamein.
There's a Chinese quarter going up over the road, Sheffield's population will continue to increase, the ground's near the city centre and train station, it's not hard to see that at some point it could be of significant value landwise.
Possibly the other sites could be of value for housing but I don't know their planning status or how fixed that is.
Erwin Rommel.
The Commander of the Axis forces, during the North Africa campaign.
Implicated in the attempt to assassinate Hitler and so forced to commit suicide, in return for assurances that his family wouldn't be harmed.
Even the British forces in North Africa admired the man and saw him as a tactical genius, especially the way he manoeuvred his Panzer divisions.
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