The Budget

[GuangzhouBlade]

https://shepwedd.com/sites/default/files/UTB v SUL - D_s SA for 20.6.18.pdf

Reading the arguments set out by UTB limited in the ongoing litigation shows McCabe feels a budget of £2 million pounds is needed to ensure continued success. Im a big fan of McCabe and tend to defend him wherever possible but that is frankly ridiculous. Im not saying we need 4 £10 million players but £2million to bring in two strikers, a creative midfielder and possibly a centre half is ridiculous. Lets not forget this is McCabe best case scenario if the Price does decide to cough up.

On a side not McCabe appears to have dropped a bollock when he let the prince invest on the terms he did. I don't doubt McCabe wants whats best for club but he's been screwed over here. Perhaps he did not pay the going rate for the best legal representatives when the deal was first constructed?

 

[Harry's Game]

I have come over with a feeling of De Ja Vu..

 

[GuangzhouBlade]

I have come over with a feeling of De Ja Vu..

has someone beaten me to it ? am i off to HMP ?

 

[RedandWhite]

Where the fuck is all the brooks money going?!

 

[sheffielder]

Where the fuck is all the brooks money going?!

I know, especially as we are getting it all upfront...

 

[RedandWhite]

I know, especially as we are getting it all upfront...

I heard it was £4m upfront? So our budget should be atleast £4m

 

[snootyfenooty]

I heard it was £4m upfront? So our budget should be atleast £4m

No it's that £4m plus the £4m Wilder was already promised. That's why we've been able to afford a loan goalkeeper.

 

[Sean Thornton]

https://shepwedd.com/sites/default/files/UTB v SUL - D_s SA for 20.6.18.pdf

Reading the arguments set out by UTB limited in the ongoing litigation shows McCabe feels a budget of £2 million pounds is needed to ensure continued success. Im a big fan of McCabe and tend to defend him wherever possible but that is frankly ridiculous. Im not saying we need 4 £10 million players but £2million to bring in two strikers, a creative midfielder and possibly a centre half is ridiculous. Lets not forget this is McCabe best case scenario if the Price does decide to cough up.

On a side not McCabe appears to have dropped a bollock when he let the prince invest on the terms he did. I don't doubt McCabe wants whats best for club but he's been screwed over here. Perhaps he did not pay the going rate for the best legal representatives when the deal was first constructed?

I'm not reading it again but is it an additional £2m?

 

[Harrisblade]

I'm not reading it again but is it an additional £2m?

As I understand it , it's the £2.5 m discussed in the earlier case which was to be made up of £1.25m from each of the 2 parties -

"46. It is based upon £10m of funding being provided by the owners for the year to June 2019, with the first £2.5m of owner funds being injected by July 2018 and the last tranche by 31st January 2019."

https://shepwedd.com/sites/default/files/UTB v SUL - D_s SA for 20.6.18.pdf

 

[Grappler]

Weerz munneh?

 

[Harry's Game]

has someone beaten me to it ? am i off to HMP ?

I think it’s been mentioned before...I could be wrong...

 

[Sean Thornton]

As I understand it , it's the £2.5 m discussed in the earlier case which was to be made up of £1.25m from each of the 2 parties -

"46. It is based upon £10m of funding being provided by the owners for the year to June 2019, with the first £2.5m of owner funds being injected by July 2018 and the last tranche by 31st January 2019."

https://shepwedd.com/sites/default/files/UTB v SUL - D_s SA for 20.6.18.pdf

Depressing bloody reading.

 

[Wooden House]

The court documents state £7.5m budgeted for 5 players. 3 loans and 2 permanents, with the combined transfer cost of the permanents being £2.5m. The remaining £5m I presume must cover wages, loan / agents fees etc.

 

[Boxer Blade]

I have come over with a feeling of De Ja Vu..

Was he that Japanese striker? Reet player but I cannot see us affording him, is he over 30 as well? Nah firget it arry.

 

[Tezza1889]

SUL’s position is that the owners need to provide £2.5m of funding to Blades by 30th June 2018 to avoid insolvency and preserve the company.


If you need to know where the £4 mill from the first instalment on brooks went, take a guess..

 

[west_yorks_blade]

I wonder how much the 3 clubs who got promoted spent to get up, and the 3 in the season before that?

My guess would be a fair amount more than CW will be getting.

Still, ‘Think Blythe Spartans’ - that was the quote right?

 

[mattbianco1]

https://shepwedd.com/sites/default/files/UTB v SUL - D_s SA for 20.6.18.pdf

Reading the arguments set out by UTB limited in the ongoing litigation shows McCabe feels a budget of £2 million pounds is needed to ensure continued success. Im a big fan of McCabe and tend to defend him wherever possible but that is frankly ridiculous. Im not saying we need 4 £10 million players but £2million to bring in two strikers, a creative midfielder and possibly a centre half is ridiculous. Lets not forget this is McCabe best case scenario if the Price does decide to cough up.

On a side not McCabe appears to have dropped a bollock when he let the prince invest on the terms he did. I don't doubt McCabe wants whats best for club but he's been screwed over here. Perhaps he did not pay the going rate for the best legal representatives when the deal was first constructed?

That must be a doctored document. £2m are you fucking serious? Surely there's a zero missing?

 

[LJBlade]

That must be a doctored document. £2m are you fucking serious? Surely there's a zero missing?

Where do you presume we’d get £20m from?

 

[BigBed]

Where the fuck is all the brooks money going?!

NEW DESSO at Don valley pal!

 

[Harrisblade]

SUL’s position is that the owners need to provide £2.5m of funding to Blades by 30th June 2018 to avoid insolvency and preserve the company.


If you need to know where the £4 mill from the first instalment on brooks went, take a guess..

It's not gone any where yet.
McCabe wanted to put fresh money into the kitty ( and tried to force HRH to match him.)
HRH refused and said the Brooks money will do the trick.
Not to say there's not also an 'agenda' but that's the state of play.

 

[gavtheblade]

Sold down the bastard river.
Mccabe doesnt want promotion,its blatently obvious.

 

[Danetheblade]

Sold down the bastard river.
Mccabe doesnt want promotion,its blatently obvious.

I don't think it's a case that McCabe doesn't want promotion. I think it's more he knows he can't afford it.

 

[bromtom]

Could it be an additional 2 million on top of what we spent last year? That would surely make more sense.

We spent about £5million last season didn't we?

I hope it's an additional £2million.

 

[mattbianco1]

Where do you presume we’d get £20m from?

I don't know. Maybe 25k avg gates, sky tv coverage about 12 times, finishing 10th in the league and selling a player for £12m + some investment from the owners.

 

[Eric Cartman]

Where do you presume we’d get £20m from?

He wasn’t being serious.

 

[LJBlade]

I don't know. Maybe 25k avg gates, sky tv coverage about 12 times, finishing 10th in the league and selling a player for £12m + some investment from the owners.

Even with all of that (minus the Brooks money, obviously) the club has been losing money year on year, you do know that don’t you?

 

[Jonboy60]

That must be a doctored document. £2m are you fucking serious? Surely there's a zero missing?

£0.2

 

[mattbianco1]

Even with all of that (minus the Brooks money, obviously) the club has been losing money year on year, you do know that don’t you?

Name a UK football team outside the premiership top 6 that doesn't.

 

[LJBlade]

Name a UK football team outside the premiership top 6 that doesn't.

I don’t see what relevance that has on our ability to spend £20m

 

[LJBlade]

He wasn’t being serious.

You sure?