Quick Interview With McCabe

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Approaching £50m but most on here wouldn't notice the brackets around the figure.

This from Yorkshire Post, Saturday 20th February 2016

But joint-chairman McCabe insisted United’s problems are not due to a “lack of effort, investment or ambition from the owners.”

The McCabe family has pumped £90m into the Blades over the years, while fellow owner Prince Abdullah has contributed a further £15m since he purchased a 50 per cent stake in the club in 2013.

The joint owners have already invested £8m this season, paying £1.8m on a new DESSO pitch at Bramall Lane and upgraded pitches at their Shirecliffe training centre and Academy.

“The notion of ‘owners taking money out of the club’ is too ridiculous for words as I think any fair-minded fan recognises how Bramall Lane has been extended and extensively improved from what it was some 15 years ago, to become a ‘Premier Stadium’ alongside developing a highly ranked first class Academy at Shirecliffe and a Junior Development Centre at Crookes,” said McCabe.

“Lest we forget, in the summer of last year alone, over £1.8m was spent on property improvements including upgrading the pitch with a DESSO surface together with new synthetic coverings to the outdoor and indoor pitches at Shirecliffe.

“Expectations are rightly much higher than playing at this level, and everyone connected with the club believes the current position is unacceptable.

Rest assured, our position is not a result of lack of effort, investment or ambition from the owners - my family’s investment over the years amounts to around £90m and Prince Abdullah has in a short space of time contributed a further £15m. In this season alone, the joint owners have, in total, put in £8m of money.”

https://www.yorkshirepost.co.uk/spo...cial-commitment-to-sheffield-united-1-7741657
 



Making an assumption here but whatever the outcome one of the parties still has to buy the other out. It would just make sense to me for the judge to say sell to the highest bidder proceeds split in half between the owners (but then again I've been to court and judges do some of the most ridiculous things to the point where you're thinking they do it just to prove they have the power).
 
When McCabe did his speech to the crowd did you notice The Prince's son and two of the Prince's men on the board were also there with the McCabe family Bit awkward!

You've no idea. 300 people one side of the room, 4 blokes the other
 
Ideal scenario for me is McCabe just hangs around as the face of the board and tell the new owners to fuck off a bit when they want to do something stupid.
Honorary President perhaps
 
Did you man to get

up close to him last night then"Roygbiv? Impressive

Spoke to him for about 4 seconds so he's now my best friend. I was in the Corpthorne after and a few were in there as well as Wilder. Got a picture taken with a truly bladdered Gary Madine
 
Spoke to him for about 4 seconds so he's now my best friend. I was in the Corpthorne after and a few were in there as well as Wilder. Got a picture taken with a truly bladdered Gary Madine
You should have tested him and told him you were a Wendy :)
 
I find it odd people use how much McCabe has lost as some sort of defense of him. Reality is it’s an indicator of how poorly he has run us.
 



Go on then, what should he have done better?
You really can’t think of anything?
Couple off the top of my head that has cost him a lot of money.
Poor recruitment of managers, having to pay them off and there staff whilst paying the next on the list.
Not selling players at there peak value or close, not playing enough hardball in regards to transfers.
6 years in league one which were brought on by a policy of continuously cutting the budget in the hope we would become self sustainable. This proved not to work and would have only succeeded if we were in the upper divisions.
 
You really can’t think of anything?
Couple off the top of my head that has cost him a lot of money.
Poor recruitment of managers, having to pay them off and there staff whilst paying the next on the list.
Not selling players at there peak value or close, not playing enough hardball in regards to transfers.
6 years in league one which were brought on by a policy of continuously cutting the budget in the hope we would become self sustainable. This proved not to work and would have only succeeded if we were in the upper divisions.
Hindsight is a wonderful thing. To me, the Robson decision and spending that season was a massive mistake, one which we've probably only just recovered from, aside from that, to say he's badly run the club for 20 odd years or whatever is off the mark as far as I am concerned. If, as the owner, you blame him for everything that goes on then fair enough but there's plenty of people who are just as much to blame.
 
Hindsight is a wonderful thing. To me, the Robson decision and spending that season was a massive mistake, one which we've probably only just recovered from, aside from that, to say he's badly run the club for 20 odd years or whatever is off the mark as far as I am concerned. If, as the owner, you blame him for everything that goes on then fair enough but there's plenty of people who are just as much to blame.
Its not about blaming him for everything, however him losing a lot of money is down to him and his decisions. He’s the boss at the end of the day. I’m not going to thank him for losing an unnecessary amount of money over the years. It’s not an indicator of how good he is, it shows his failings.
 
Its not about blaming him for everything, however him losing a lot of money is down to him and his decisions

Good point and he should OF let one of the others in the long queue of multi millionaires who wanted to invest, take over.

He really should of, as all the experts on here will tell you.
 
Hindsight is a wonderful thing. To me, the Robson decision and spending that season was a massive mistake, one which we've probably only just recovered from,

You really didn’t need to have hindsight to view the Robson appointment as awful – his utter failure is probably one of the least surprising things to have happened in the time I’ve been a fan.
 
Good point and he should OF let one of the others in the long queue of multi millionaires who wanted to invest, take over.

He really should of, as all the experts on here will tell you.
His decision not to bail earlier actually might mean now he may recoup some of what he has lost. Might be a good call for him personally. Can’t see him getting all that he lost back, but based on balance he probably shouldn’t expect to.
 
You really didn’t need to have hindsight to view the Robson appointment as awful – his utter failure is probably one of the least surprising things to have happened in the time I’ve been a fan.

Very difficult to argue against this and the fact that it's where most of his money went and then trying to put it right.
 
I was to be called as a witness in a commercial dispute trial and was told the hearing would last a week. The Judge opened up on the first day telling the other side they’d lost awarded costs against them and said now go away, sort everything out and come back today.

The lawyers fees totalled more than the two sides were in court for.

I was that Judge. They'd got nowt to come following the submission of that spreadsheet Sean. That and the trial date was fucking about with my skiing trip.
 
Very difficult to argue against this and the fact that it's where most of his money went and then trying to put it right.

I think the rest of the mistakes with managers were genuinely unfortunate and understandable tbh. Blaming him for not sacking Blackwell at a better time for example rather than a month into a season is clearer in hindsight, because at the time most of us were relieved to be rid of him. Adams had a reasonable record and seemed a reasonably uniting appointment at the time. Weir we gambled on promise. Adkins had an excellent record etc.

Robson, in contrast: spent loads to get promoted with Middlesbrough; needed Venables to temporarily come in to save them because he was incapable; and had a mixed record elsewhere leading to him being comfortably in the footballing wilderness. We didn’t have to fight anyone to get him, because nobody else was mad enough to go near him. There were obvious lower risk options available. The blow of relegation was exacerbated the moment Robson was handed the job.
 

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