Sheffield United Ltd Accounts

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I wrote the post because I got the impression you were trying to tell posters what to do and say !!

True irony after you'd lectured me the day before!! Particularly when it's stuff you have done so much yourself. Funny old life.

As for 2012 I felt for sure we'd covered Weir and Clough's appointment and the prince's arrival in 2012, we certainly have since!!

Give it a rest FFS. I'm not telling anyone what to do and say. For a man who had a sabbatical and came back refreshed you haven't half reverted to type pronto.
 



Don't you think he's tried that?

The queue of prospective investors with long pockets and honest intentions, wasn't that long.....

Would you be happy if he'd handed us over to someone like Wendy's Azerbedjan suitor? You know, the one with the big talk and no cash.

Yeah but would you pay Ferrari prices for a beaten up Cortina?

The price put on the club to buy him out was ridiculous so hey guess what, no one came in.
 
The downside is that one reckless owner can be replaced with another and the cycle just continues, as was the case with Portsmouth.

I'd say less 'reckless' more 'ambitious'. Milandric invested in Portsmouth to be promoted (he bought some good players and installed Redknapp, itself a good measure of guarantee of success)

What he wanted to do once there was make the club and its ground bigger than Scumpton up the road and make Pompey into a force to be reckoned with, given the potential support from the region of Southern Hampshire.

Standing in his way was Pompey Council, who hate football and its supporters (unless they are winning the FA Cup of course, whereby they'll happily photobomb any opportunity and claim allegiance as 'life long supporters'.

pommpey
 
The price put on the club to buy him out was ridiculous so hey guess what, no one came in

He's happy to take a quid for the club, hence the 50/50 deal with the Prince. I'm not sure how many millions he has invested in shares over the years, but I understand he doesn't expect that back.

Not unreasonably he'd like someone to repay all the loans he has made to the club to keep it in business. By now that must come to about £60m.
This is a lot of money and has arisen by overpaying players wages and making large losses, season after season. All those on here who suggest 'just another £1m' for a striker should perhaps be careful what they wish for.

Before the anti-McCabes jump in, I know that some of the loans have charged interest. From memory, when I last saw a set of account the rate was about 4%, hardly much of a 'risk premium'. He hasn't been able to take any of this money out of the club as the business burns cash like it is going out of fashion, so the interest has rolled up on his loans. I suppose this makes him a 'bad man' too?
 
I'd say less 'reckless' more 'ambitious'. Milandric invested in Portsmouth to be promoted (he bought some good players and installed Redknapp, itself a good measure of guarantee of success)

What he wanted to do once there was make the club and its ground bigger than Scumpton up the road and make Pompey into a force to be reckoned with, given the potential support from the region of Southern Hampshire.

Standing in his way was Pompey Council, who hate football and its supporters (unless they are winning the FA Cup of course, whereby they'll happily photobomb any opportunity and claim allegiance as 'life long supporters'.

pommpey
I don't think they went into admin under Mandy though. It's a while ago and you'll know more than me but I seem to recall he sold it to someone else who put it into admin and then it was bought by Gaydamac (not how it should be spelt I think) who also put them into admin when his father was caught up in some banking scandal and had his assets frozen.
 
What he wanted to do once there was make the club and its ground bigger than Scumpton up the road and make Pompey into a force to be reckoned with, given the potential support from the region of Southern Hampshire.

He's conned you like he conned the Pigs. What he said he wanted to do and what he did, are two different things. At Pompey he sold to a bunch of foreigners who didn't give a shit about the club but could meet his price. His due dligence extended to 'can they pay me in full?'.

Similarly over at the Pig, the Co-op took a big haircut and he found someone with big pockets. This god like hero, worshipped by the Piggies, made a nice turnaround in a few short years and once again rode off into the sun with full pockets.

McCabe has invested nearly ten times what Mandric put into that lot, yet gets no credit for it. True he has made some abysmal appointments but he has supported us through the dark days and didn't invest with the intention of making money from the club.

Whether you believe that or not is up to you.....
 
Don't you think he's tried that?

The queue of prospective investors with long pockets and honest intentions, wasn't that long.....

Would you be happy if he'd handed us over to someone like Wendy's Azerbedjan suitor? You know, the one with the big talk and no cash.
Maybe McCabe is just asking for too much money for the club, then again who would be dumb enough to buy a football club that doesn't own it's stadium?
 
Maybe McCabe is just asking for too much money for the club, then again who would be dumb enough to buy a football club that doesn't own it's stadium?
Wasn't the seperation of football club and ground organised when HRH and his famous £1 came on board?
Prior to that wouldn't a sale have included both(?)
 
I'd say less 'reckless' more 'ambitious'. Milandric invested in Portsmouth to be promoted (he bought some good players and installed Redknapp, itself a good measure of guarantee of success)

What he wanted to do once there was make the club and its ground bigger than Scumpton up the road and make Pompey into a force to be reckoned with, given the potential support from the region of Southern Hampshire.

Standing in his way was Pompey Council, who hate football and its supporters (unless they are winning the FA Cup of course, whereby they'll happily photobomb any opportunity and claim allegiance as 'life long supporters'.

pommpey

A business model on the basis of assumed "potential support" requiring a considerable stadium enlargement, *BEFORE* finding out whether the local planning board would approve said enlargement, but then spending money like one has already got both enlarged stadium and increased support (and thus a larger revenue stream) sounds like the very definition of "reckless" to me ...
 
Maybe McCabe is just asking for too much money for the club, then again who would be dumb enough to buy a football club that doesn't own it's stadium?


The club is a lot cheaper to buy without the additional cost of the freehold. Numerous clubs don't own the freehold of their grounds.
Wasn't the seperation of football club and ground organised when HRH and his famous £1 came on board?
Prior to that wouldn't a sale have included both(?)


I think it was before then and certainly when KM was actively trying to sell the club. The freehold was assigned to one of KM's companies in settlement of the club's debt to him which had built up over a period. The rationale presented to shareholders was that the rent would be fair and that any purchaser would have less to stump up and just buy the business without the added cost of the freehold. In other words making the business easier to sell. Should any new owner demand the freehold then I'm sure KM would be amenable at a fair price rather than it be a show stopper.
 
Look ladies we now have one of the best playing surfaces in football at the oldest professional ground in the world and a better team than when Murphy was shying challenges .enjoy life and enjoy tufftys blades . utb ftp

Yes, I'm astonished (okay, no I'm not) that anyone takes issue with us procuring an excellent football pitch upon which to play excellent football. Good though he is, and complete guesswork though the connection is in the first place, that's actually worth a Jamie Murphy or two in my book.
 
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Nah. He's still not answered. Nor has anyone shown us any justification for using club funds to buy a fucking pitch.

pommpey

Anyone in any doubt that this bloke is fucking bonkers should think very carefully about the comment above...

What next? Andy Murray in top quality tennis racquet purchase shock??
 
PRAISE DE LAWD! It's like listening to born again Christians on here.



Hmmm. Let's have a look ...



Not stingy. Inept, maybe. And he became a director out of ambition and goodwill for a team he supports.



No one, not even me, has suggested that. I don't think he is ripping the club off, and I don't think he ever will. I think he has presided over nearly ten years of decline largely (though not entirely) through his incompetence.



Is that what you gauge as 'being a good businessman'? Doing shit 'cobbled up' supposed project management tasks for the BBC?



No. I'd say this season is down to Wilder and certain signings he has brought in, coupled with a strengthening of the central back four. We don't ship goals as much as we used to. And if I look at the results and read match write ups, I don't need to live in Sheffield and attend matches to make judgement on this. The pitch is window dressing. With the right players and the right attitude, w can be a formidable side on any surface. We have won away this season on non-Desso pitches, so your argument fails right there.



So, with your measure, and the pitch and the players, why were we not 3-0 up against Swindon at half time? Why did we ship a worryingly soft goal against Shrewsbury and why did we labour to win against Bury, and fail against Walsall? All on the beloved Desso pitch.

Don't bother answering. I am used to people not giving straight responses on here and retorting to ad hominem.

pommpey

Because occasionally even the greatest of teams have off days and don't win football matches?..

Not allowed at our club amidst the shoutbox madness, of course...
 
Anyone in any doubt that this bloke is fucking bonkers should think very carefully about the comment above...

What next? Andy Murray in top quality tennis racquet purchase shock??
Andy Murray doesn't pay anything for his racquets.
 
Anyone in any doubt that this bloke is fucking bonkers should think very carefully about the comment above...

What next? Andy Murray in top quality tennis racquet purchase shock??

Of course, in your angry little world of irrational outbursts and frustrated idiocy, providing justification is somewhere way beyond reason and accountability. Just a few words of why and wherefore, in the face of the fact that during the first year of it's installation, United did in fact play unpredictably poor football, and we have a different manager and majorly different team these days, and in fact prior to its installation, we sometimes did play good football, even on the poorest of February evenings. Even the proof there was some sort of financial loss for a dozen or so cancelled matches can't drop from your aft cakehole, can it? Instead, its the same "he's a cunt, because he thinks 'this' and I don't" mentality typical of the cerebrally challenged and undernourished. To call me bonkers from your point of view is like Bernard Manning calling Nelson Mandela a racist, because he is a black South African and wanted indigenous rule over the white, non-indigenous minority government. It's beyond irony.

Hang on. Do you know who Nelson Mandela was? Maybe not. Back to the PlayStation lad.

pommpey
 
If you bothered to read my previous post in this thread it was very much a "things are going well that the hell are we scrapping in a heap over". I also said McCabe has done many things wrong which we have rightly chucked rocks at him for however, now things are going right he has to take equal praise. I am vociferous in my condemnation of the past and what happened so its a lesson we never repeat, but I am equally respectful of the fact that things are going well now, so we should all push in one direction and praise what has been achieved.

You preach leadership. I believe credibility and authenticity are a big part of that. I am being credible and authentic in not being critical or making points for the sake of making points. However, if things go off the rails be sure you will hear my point of view.

P.S you didn't join the forum until 2013 so surely you haven't been so sad as to hunt down my posts from 2012?


Self belief is a big part of leadership too. Believe you are being "credible and authentic" and all your team will believe it. I'm impressed Bladesway, but if results don't go as well, watch out folks we'll hear your alternative point of view, which will still be "credible and authentic" despite the fact it just depends on results. And then you'll be back to digging up the Warnock days etc.etc., bomb KM for all your worth

If you believe it, it is so.
 
Because occasionally even the greatest of teams have off days and don't win football matches?..

Like against Walsall?

Not allowed at our club amidst the shoutbox madness, of course...

Yes. It's so refreshing to see we all don't have a pissy fit on shoutbox, eh? I mean, some of us limit it to the football team like some of us non blade wankers, eh?

pommpey
 
Self belief is a big part of leadership too. Believe you are being "credible and authentic" and all your team will believe it. I'm impressed Bladesway, but if results don't go as well, watch out folks we'll hear your alternative point of view, which will still be "credible and authentic" despite the fact it just depends on results. And then you'll be back to digging up the Warnock days etc.etc., bomb KM for all your worth

If you believe it, it is so.
WWF you have an awful habit of trying to control what others do and think instead of accepting the fact that other opinions do actually exist and aren't automatically wrong because they differ to yours.

If ever you wonder what it was that was causing you to get so much stick you saw fit to take a break from the forum, then that should be the first place you start.

Remember when you "advised" I stopped supporting United when I was voicing what turned out to be a perfectly legitimate concern with the direction Adkins was taking us in?
 
Despite all the arguments, this summers transfer dealings - best for years? Best ever? Praise for Big Kev, the Prince and Tufty from everyone.
 
WWF you have an awful habit of trying to control what others do and think instead of accepting the fact that other opinions do actually exist and aren't automatically wrong because they differ to yours.

If ever you wonder what it was that was causing you to get so much stick you saw fit to take a break from the forum, then that should be the first place you start.

Remember when you "advised" I stopped supporting United when I was voicing what turned out to be a perfectly legitimate concern with the direction Adkins was taking us in?


Barney, I do not try to control anybody, I state what I think. I always respect opinions and am really happy to debate them. Nobody is right or wrong including certain obsessive cases which happen in any group of people.

You 'flounced', I 'flounced', each to their own. I suggest this Forum is not the be all and end all in our lives but some people sometimes get drawn into bad habits and I think this type of media can develop into a bad habit if you're not careful. That happened to me and I had a rest, now I comment on a couple of threads a week. Unusually I posted on this thread because it has individuals and nonsense which work against the club. On the one hand you have the obsessed one trick pony, as sincere as anybody on here could ever be, but stuck in tramlines. On the other hand you have really manipulative, hard nosed trolls, one or two of whom are doing it just for the sake of their personal entertainment, personal needs and gratification. It's a form of power if not bullying even..

Barney, I have not worked you out. You could be a Wednesdayite in many ways. I have had you off ignore along with two other of my perceived 'guilty parties' on this thread for a week now and I am immediately back in amongst the nonsense, talking some nonsense myself in amongst that I might add.. You never make sense to me as a Blades fan, but I respect your right to voice your opinion; just have to say I don't want to hear it. I don't respect much you ever say frankly but nor do you of mine so that's mutual.

This thread is a disgrace to the Forum. Having tried to make 'big picture' comment myself I have ended up being drawn into past battles with posters I really don't wish to be involved with. Again lessons have been learned after previous lessons learned I suppose, but none of us can curb our natural inclination to fire away at biggots and bullies etc.

We care about the club but anybody who thinks they can serve the club we all love by talking one's own perceived 'middle line' touched with optimism, forget it. People on this Forum have some reason to work against our fans and our club for whatever are their personal drivers/ reasons. And some just want to work against other people whoever they are and what they say, for fun ( and a perceived power).

It is important to break 'bad habits', social media is obsessive and can become compulsive. Some posters were on here this week battling until 2.30am and back on early next morning carrying on. Not healthy and w eare all Blades after all.
 
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Maybe McCabe is just asking for too much money for the club, then again who would be dumb enough to buy a football club that doesn't own it's stadium?

Absolutely. No self-respecting asset-stripper would do that, would they?....
 
Despite all the arguments, this summers transfer dealings - best for years? Best ever? Praise for Big Kev, the Prince and Tufty from everyone.

The stupid thing is in spite of all the pointy comments from elsewhere I was commenting on when things were going wrong, McCabe took his share of the blame (rightly) so now they are starting to go right he should take some of the credit. I believe that is fair don't you? Others apparently think that is incorrect.
 



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