20 Jul 2011 20:43:41
20 Jul 2011 12:42:10
"sheffield united debts stand at 55 million and its must be reduced to 20million by january. If not administration is certain. methods to reduce this are
-moving stadiums
-selling key players and only having youth players
- selling feeder clubs
-selling naming rights to stadium"
Sheffield United has no external debt that isn't already secured on fixed income. The owner is the only person to whom the club is indebted. Now - if you were the owner, and the club owed you anything from £20m to £50m would you put the club into admin and have to accept 10p - 15p in the pound? Of course not. Please put brain in gear before engaging your porcine mouth. Thanks.
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Jesus H corbett Sheffield Uniteds Debt is to Kevin McCabe that's how much he has invested in the club - the debt cureently stands nearer the 15 million mark and its only with McCabe - i doubt somehow the chairman would put his own club into administration due to us owing him money do you?? getagrip.com
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20 Jul 2011 15:23:16
To the punkass muthaflippa who said. .
"20 Jul 2011 12:42:10
sheffield united debts stand at 55 million and its must be reduced to 20million by january. If not administration is certain. methods to reduce this are
-moving stadiums
-selling key players and only having youth players
- selling feeder clubs
-selling naming rights to stadium"
. . may I respond by saying the vast majority of the debt we owe is to our owner Kevin McCabe.
He is unlikely to take his own club into admin now is he you idiot?
What is likely is that he will convert some of the debt in to shares.
The remaining debt is based on future instalments of the Tevez cash from West Ham. As such this relatively small portion of the debt is secure.
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20 Jul 2011 14:35:26
any news on takeover
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There isn't one - it's BS
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20 Jul 2011 04:30:15
is it true total debt inc relegation now stands at 71 mill approx that blades are thinking of moving to dvs when millers move out
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