What's the master plan now, McCabe?

[alcoblade]

Blackman's stats, pro rata for a season, would be something like 25 goals, 10 from the spot, half of the appearances on the wing.

The fact that some can't see that he was a real asset to a team who afterwards couldn't score, suggests we might actually deserve the shower of shite we are now wallowing in.

UTB

 

[Pinchy]

McCabe can't sell because nobody wants to buy! You don't make money out of owning a football club; certainly not one like ours. SUFC has cost him a fortune. It's largely his own fault because he's made far too many awful decisions. But he's not fleecing the club, in fact he's propping it up. No amount of populist Conspiracy theories and wild half-baked accusations will change that simple truth. A football club has to pay its bills like anyone else. We, like most clubs, are on the wrong side of Mr, Micawber's principle. Who do you think is making up the deficit?

Is he doing a good job? Hell, No! He's taken us backwards. But he's not making a killing at our expense and he's not a crook.

 

[Pinchy]

We got Hao Dai Dong didnt we?

Yes, but he was permanently on the bench. For some reason, Warnock was hugely reluctant to get his Dong out in public.

 

[bladeinspaceandtime]

The renting of property between companies is quite common in the business world. It's a good way of shuffling funds between entities and allows for numerous tax breaks.

It is, for example Tesco "sold" a number of their stores to another company and rent them back; the other company is owned by Tesco plc. McCabe however intimated that the ground and club had been separated to increase the likelihood that someone would invest it the club. Why would anyone invest in a club without having the security of the only real asset a club has?

 

[alcoblade]

It is, for example Tesco "sold" a number of their stores to another company and rent them back; the other company is owned by Tesco plc. McCabe however intimated that the ground and club had been separated to increase the likelihood that someone would invest it the club. Why would anyone invest in a club without having the security of the only real asset a club has?

The fans, the club, and the position / status in the football league are also assets. There are lots of examples of clubs without the "only real asset" being invested in - Manchester City ( ) being a good example.

UTB

 

[God]

Blackman's stats, pro rata for a season, would be something like 25 goals, 10 from the spot, half of the appearances on the wing.

The fact that some can't see that he was a real asset to a team who afterwards couldn't score, suggests we might actually deserve the shower of shite we are now wallowing in.

UTB

As I said at the time, its not just the player thats being sold, its his goals as well. You can replace the player no problem, the goals are a different story. McCabe should hang pictures of Fjortoft, Deane, James Beattie and now Blackman on the wall of his office in his villa to remind him of what a folly it is.

 

[bladeinspaceandtime]

The fans, the club, and the position / status in the football league are also assets. There are lots of examples of clubs without the "only real asset" being invested in - Manchester City ( ) being a good example.

UTB

Depends on the investor in question - in Man City's case, the gazillion quid they have pumped in is (to them) spare change they found down the back of a sofa. Unfortunately I don't see any mega rich Arabs or Bill Gates queuing up to invest in a 3rd division club.

 

[CG Blade]

Depends on the investor in question - in Man City's case, the gazillion quid they have pumped in is (to them) spare change they found down the back of a sofa. Unfortunately I don't see any mega rich Arabs or Bill Gates queuing up to invest in a 3rd division club.

Hey why not, we are The Blades aren't we

 

[Sothall_Blade]

McCabe wants to sell SUFC (the football side) but knows that as a going concern, it's not worth anything like what he's spent on it. He's separated the football club from the ground as we know, this is either because:
a) he wants to get some of his money back
or
b) he wants to make sure that whoever he does sell the football club to can't secure any borrowings against the fixed assets (Bramall Lane and Shirecliffe); thus preventing the issues which have plagued Portsmouth over the past 3 years.
or
c) a mix of the two above.
I think that the investment being sought is on the FC Ltd side but who's going to invest in an indebted third tier club?

But how much investment in the football side only would it take to build a side capable of getting promotion from this division? £1M or £2M maybe?

So an investor comes along and puts £2M directly into the team and we get promoted.
Almost immediately, we're in a higher division. The TV money increases dramatically.
The sponsorship and corporate income goes up. The gates increase.
We have local derbies against Wednesday, Leeds, Barnsley, Huddersfield etc.

The football side only part of the club is worth vastly more than it was before.
At this point, the investor can either take his money back with our thanks and a healthy profit or continue to invest in the hope of hitting the Premier League jackpot.

Is the above scenario remotely possible and is that what McCabe has in mind?

 

[alcoblade]

Depends on the investor in question - in Man City's case, the gazillion quid they have pumped in is (to them) spare change they found down the back of a sofa. Unfortunately I don't see any mega rich Arabs or Bill Gates queuing up to invest in a 3rd division club.

So immediately we've established that there are other reasons to invest in a club that doesn't own "its' only real asset".

I could name lots of other clubs where this has happened, for other reasons than being "an extremely rich Arab". It's hard to beat an example that went on to be Champions shortly after though.

UTB

 

[alcoblade]

But how much investment in the football side only would it take to build a side capable of getting promotion from this division? £1M or £2M maybe?

So an investor comes along and puts £2M directly into the team and we get promoted.
Almost immediately, we're in a higher division. The TV money increases dramatically.
The sponsorship and corporate income goes up. The gates increase.
We have local derbies against Wednesday, Leeds, Barnsley, Huddersfield etc.

The football side only part of the club is worth vastly more than it was before.
At this point, the investor can either take his money back with our thanks and a healthy profit or continue to invest in the hope of hitting the Premier League jackpot.

Is the above scenario remotely possible and is that what McCabe has in mind?

Yes, I think it is. People don't get involved at this level so that they can hire the Banqueting suite out on Saturday night for £500. They do it for the Ego of owning a club, and the possibility of premiership riches.

I don't think putting the ground into the PLC rather than the football club is McCabe's biggest sin. Selling any talent the minute an offer becomes available is becoming an enormous problem though.

UTB