Including word that we've agreed a fee for Lita, but not agreed terms with his agent...
http://www.sufc.premiumtv.co.uk/page/NewsDetail/0,,10418~1518400,00.html
http://www.sufc.premiumtv.co.uk/page/NewsDetail/0,,10418~1518400,00.html
Sheffield United has just announced the sale of James Beattie to Stoke City signals the start of a re-profiling of the squad which will ensure the Club is in the best position to manage any eventuality that might arise in the future.
The Club is not immune to circumstances and needs to have a robust business plan, both on and off the field, to give the manager and team the best opportunity for long term, ongoing success.
The loss of parachute payments will correspond with a worldwide recession, and the chance to transfer our highest paid player can only happen when a willing buyer puts in an offer. Whenever this bid came it would be difficult, both for the Club and its supporters, but it had to be considered.
With us still a Championship club and facing a massive drop in football income the wage cost of one player would have been 35% of projected budget.
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This difficult decision was made in the knowledge that we will not be offering new contracts until the end of the season, and it is natural that players who perceive they are in the final years of their existing contracts will make repeated requests for continuing negotiation.
The adverse publicity that the press make about any fallouts regarding these requests do not help the management of the Club.
This transfer enables the manager to re-profile a squad which will be competitive in the Championship and for him to still have the scope to add to it if the Club were to be promoted this season.
There have already been some outgoings but the return of Leigh Bromby who can provide cover in defence - important with the loss of Ugo Ehiogu - is the type of thing we now have the opportunity to do which we may not have had previously.
The Club has had a seven figure offer accepted by Reading for Leroy Lita but at this stage are unable to reach agreement with his agent.
We are in a strong position in the league and will be supportive of the manager during this window, and of the opportunities that could arise afterwards for short term loans.
Sheffield United's ambition in signing James - although he has been an exemplary professional and scorer of many goals - did not result in the immediate return to the Premiership that we had hoped for.
The Club is setting its stall out to assist the manager with a competitive squad, and with an expenditure that will be realistic but does not put the Club at risk.
Our ambitions are the same but we are not immune from financial circumstances.