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The Wilderless Years


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7 hours ago, nbupperthongowl said:

Saleable assets.....such as?


Berge, Brewster, McBurnie and Ndiyae at the very least. Plus options they have in the Ramsdale deal

 

7 hours ago, ChapSmurf said:

They are in a mess off the field. Hedged their parachute payments against a high-interest loan whilst still in the PL, and are facing a very big financial dilema.

 

The moneyless Prince is also still in battle with McCabe, who owns land around the Stain. For spiteful reasons McCabe has applied for, and been granted, planning permission which could see access to their kop blocked, and mean a reduction in that stand of 4,000 due to safety concerns. In the grand scheme of things, the reduction will probably not make much difference, as the fans will simply sit elsewhere.

 

Like many clubs, they need investment, but if the interested American party get wind of the problems with McCabe, it could easily put them off.


The thing is it’s guaranteed income, so as long as they allocate the parachute payments towards it then it’s not a problem 

 

The issue then comes if they haven’t a) right sized the budget or b) got promoted after the 3rd year as it seems pretty clear the Prince is not going to fund the club or c) start gambling and spend more than they borrow / earn in transfer income

 

 

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Bloke been arrested. So he watched his team get a 2 goal lead, squander it then win on penalties to get to Wembley for the first time in years. Instead of getting to celebrate that he'll have spent the night worrying about a knock on the door that eventually came and he'll not get to see the final, or any other forest game live. What an absolute weapon. 

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33 minutes ago, McRightSide said:


Berge, Brewster, McBurnie and Ndiyae at the very least. Plus options they have in the Ramsdale deal

 


The thing is it’s guaranteed income, so as long as they allocate the parachute payments towards it then it’s not a problem 

 

The issue then comes if they haven’t a) right sized the budget or b) got promoted after the 3rd year as it seems pretty clear the Prince is not going to fund the club or c) start gambling and spend more than they borrow / earn in transfer income

 

 

4 players, 3 of which they are still paying for and are worth a fraction of what they have paid for them. Throw in their wages they will have to subsidize and having to rely on Arsenal to achieve something and it's not a rosy picture. Yes they will generate some cash but a small percentage of what they planned

 

I think the parachute payments have already been borrowed against, so that has gone

 

So 🤞 for a total meltdown, or mid table mediocrity

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7 minutes ago, nbupperthongowl said:

4 players, 3 of which they are still paying for and are worth a fraction of what they have paid for them. Throw in their wages they will have to subsidize and having to rely on Arsenal to achieve something and it's not a rosy picture. Yes they will generate some cash but a small percentage of what they planned

 

I think the parachute payments have already been borrowed against, so that has gone

 

So 🤞 for a total meltdown, or mid table mediocrity


I’m pretty sure they would get at least 15m for Berge 

 

Brewster is a nightmare for them so far but is young, has scored goals in the past and is a long contract - someone will take a punt

 

McBurnie probably is the one they hurts since he’s up for a free next summer

 

As I said - down the line they will need to re-adjust but hopes of some kind of financial Armageddon are a bit unrealistic

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4 minutes ago, McRightSide said:


I’m pretty sure they would get at least 15m for Berge 

 

Brewster is a nightmare for them so far but is young, has scored goals in the past and is a long contract - someone will take a punt

 

McBurnie probably is the one they hurts since he’s up for a free next summer

 

As I said - down the line they will need to re-adjust but hopes of some kind of financial Armageddon are a bit unrealistic

So that is a £5m+ hit in iceberg, minus the £5m they still owe.... thereby generating £10m ISH. Maybe get what they still owe for the binman

 

Then they have to replace them, so yes some cash but not the £50/60m they have planned for.... which is important as this was their long term plan. Now they will have to switch back to free transfer and low £ purchases which they can sell for a profit.....enter Hecky to do that. Different ball park going forward

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46 minutes ago, McRightSide said:


Berge, Brewster, McBurnie and Ndiyae at the very least. Plus options they have in the Ramsdale deal

 


The thing is it’s guaranteed income, so as long as they allocate the parachute payments towards it then it’s not a problem 

 

The issue then comes if they haven’t a) right sized the budget or b) got promoted after the 3rd year as it seems pretty clear the Prince is not going to fund the club or c) start gambling and spend more than they borrow / earn in transfer income

 

Yes, but it's a guaranteed income that they've blown before they got it, whilst retaining the very same players, on very high wages, that they bought with it and, paying a high interest rate on the loan on top. Berge, Brewster and McBurnie would go for a fraction of what they cost although I personally don't rate any of them.

 

It's crunch time for them.

 

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Just now, ChapSmurf said:

 

Yes, but it's a guaranteed income that they've blown before they got it, whilst retaining the very same players, on very high wages, that they bought with it and, paying a high interest rate on the loan on top. Berge, Brewster and McBurnie would go for a fraction of what they cost although I personally don't rate any of them.

 

It's crunch time for them.

 

 

Exactly.

They've alread spent some (maybe all) of their parachute money in the form of a bank loan. 
Which they now have to  pay back with interest.

In addition to the player issues above, they are sitting very uncomfortably right now.

 

https://www.thestar.co.uk/sport/football/sheffield-united/finance-expert-gives-lowdown-on-sheffield-uniteds-payday-loan-equivalent-arrangement-with-vampire-bank-3370681

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They've already released Mous  and Freeman which is another £15m not recouped

 

I don't think financial meltdown imminent though. Just a tightening of the purse strings a bit. They're producing good youngsters too which will be see them by

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10 hours ago, markg said:

Said all along that they’d beat forest over the two legs. They’re a much better side than forest 

Never more happy to be wrong (again)

 

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