United debt?

[Blade1771]

Would I be correct in thinking that United are debt free, or have minimal debts?

 

[FinchleyBlade]

No bank debt, but we owe McCabe and co millions I believe. Doubt he will ever call it in.

 

[pommpey]

No bank debt, but we owe McCabe and co millions I believe. Doubt he will ever call it in.

Until he sells Brooks in the JTW.

Oh, no! WHAT HAVE I SAID?

pommpey

 

[Sean Thornton]

No bank debt, but we owe McCabe and co millions I believe. Doubt he will ever call it in.

At the last accounts there was no debt due to the owners from Blades Leisure or the Football Club. All loans and investments had been capitalised into shares and a share premium account. At that point, the OP is correct.

 

[Sean Thornton]

Until he sells Brooks in the JTW.

Oh, no! WHAT HAVE I SAID?

pommpey

Something that he's currently unable to do? There are no loans to repay.

You know this so I suspect it's your day off and you're bored. Hasn't Bert sent you his holiday snaps to look at?

 

[SouthEssexBlade]

Something that he's currently unable to do? There are no loans to repay.

You know this so I suspect it's your day off and you're bored. Hasn't Bert sent you his holiday snaps to look at?

What happens in Cuba, stays in Cuba!

 

[pommpey]

Something that he's currently unable to do? There are no loans to repay.

You know this so I suspect it's your day off and you're bored. Hasn't Bert sent you his holiday snaps to look at?

No photos, or any cash to pay my travel and accommodation either. You up for that? It's only £15-17k. Ish.

pommpey

 

[Tyler Durden]

Going for a 200+ post thread again. Called it right last time

 

[boo radley]

Until he sells Brooks in the JTW.

Oh, no! WHAT HAVE I SAID?

pommpey

Only to maintain the Desso.
What was your argument about that?

 

[Bert]

View attachment 32186

No photos, or any cash to pay my travel and accommodation either. You up for that? It's only £15-17k. Ish.

pommpey

£98 return train fare on Saturday and a free ticket from Bert..... what you say?

 

[Lil red rooster]

hope when we get promoted whenever that maybe that McCabe gets a few quid back on his investment ,
he deserves it .

 

[bornablade]

......to its fans are finally being paid off.

 

[Aston max]

Until he sells Brooks in the JTW.

Oh, no! WHAT HAVE I SAID?

pommpey

Cynical very cynical

 

[grafikhaus]

Also worth remembering that any 'sell-ons' from the sales of Walker, Maguire etc. doesn't go straight into the 'pot' for CW to spend. The upkeep on BDTBL, running the Steelphalt Academy, wages etc. must be vast.

 

[JohnDenver]

£98 return train fare on Saturday and a free ticket from Bert..... what you say?

I say I’m dressing up as a sailor and sending you an invoice. Just like last weekend...

 

[BushBlade]

hope when we get promoted whenever that maybe that McCabe gets a few quid back on his investment ,
he deserves it .

I bet if you asked him what he'd rather have; his money back or the Blades as an established PL club, he'd chose the latter. The money would be nice, but he's not short of a bob or two. I think he'd love to retire as the bloke who restored us to top flight football (even if it did take him twenty years). If he left us in the position West Brom are now, he'd feel like it was job done. Win a trophy and it would be job done well.

 

[pommpey]

£98 return train fare on Saturday and a free ticket from Bert..... what you say?

If Bert had asked pommpey a fortnight ago, he'd have taken him up on that. Pommpey would also need a night in the Premier Inn at Moorfoot as that train would get him back way past his bedtime.

pommpey

(ps: there is also a more pressing reason why I am unable to travel as well which involves my missus and her recent time in Wessex Neurosurgery at Southampton General)

 

[Bert]

If Bert had asked pommpey a fortnight ago, he'd have taken him up on that. Pommpey would also need a night in the Premier Inn at Moorfoot as that train would get him back way past his bedtime.

pommpey

(ps: there is also a more pressing reason why I am unable to travel as well which involves my missus and her recent time in Wessex Neurosurgery at Southampton General)

There'll be another time, but you can forget the hotel.

 

[pommpey]

There'll be another time, but you can forget the hotel.

Pommpey hopes to be up there sometime near Easter, all things going well. Fear not about the cost.

He's determined to be at Reading away, too.

Pint?

pommpey

 

[Bert]

Pommpey hopes to be up there sometime near Easter, all things going well. Fear not about the cost.

He's determined to be at Reading away, too.

Pint?

pommpey

Bert will happily buy you a pint providing you don't start droning on about McCabe and the Desso pitch.

 

[DazBlade88]

Also worth remembering that any 'sell-ons' from the sales of Walker, Maguire etc. doesn't go straight into the 'pot' for CW to spend. The upkeep on BDTBL, running the Steelphalt Academy, wages etc. must be vast.

None of the money from the sell-ons went to the academy budget.

 

[siblade]

Pommpey hopes to be up there sometime near Easter, all things going well. Fear not about the cost.

He's determined to be at Reading away, too.

Pint?

pommpey

It's a Bert/pommpey love in at last
ps hope your missus is ok

 

[finlaytheblade]

No bank debt, but we owe McCabe and co millions I believe. Doubt he will ever call it in.

He wrote the debt off by buying shares ,all it means really is the money is invested in the club ,if and when he sells up he would expect to get it all back.
We have to be established in the premiership for anything like that to happen.
I hope the Mccabe family keep there share of the club,we then won't fall into the hands of greedy basters who are after a quick buck

 

[pommpey]

Bert will happily buy you a pint providing you don't start droning on about McCabe and the Desso pitch.

By that time, I expect us to be promoted.

pommpey

 

[pommpey]

He wrote the debt off by buying shares ,all it means really is the money is invested in the club ,if and when he sells up he would expect to get it all back.
We have to be established in the premiership for anything like that to happen.
I hope the Mccabe family keep there share of the club,we then won't fall into the hands of greedy basters who are after a quick buck

I hope he stays and gets the return/rewards he deserves.

Just as long as he leaves Wilder to do his job.

pommpey

 

[sheffielder]

What happens in Cuba, stays in Cuba!

The best cigars are rolled on the thighs of a virgin out that way

 

[Lane Ender]

Bert will happily buy you a pint providing you don't start droning on about McCabe and the Desso pitch.

No fucking chance of that

 

[Sharrow Snuff Mill]

Also worth remembering that any 'sell-ons' from the sales of Walker, Maguire etc. doesn't go straight into the 'pot' for CW to spend. The upkeep on BDTBL, running the Steelphalt Academy, wages etc. must be vast.

This is backed up by the fact that Huddersfield Town have called time on their academy teams below U-18 level, at the very same time as they achieve the riches of the Premiership.

 

[Sean Thornton]

The best cigars are rolled on the thighs of a virgin out that way

The best cigar is the one you're smoking when you're rolling around on the thighs of a Virgin!

 

[The Crab]

The best cigar is the one you're smoking when you're rolling around on the thighs of a Virgin!

I don't smoke, so can I just roll around on a Virgin?