Vital Football

Latest Sheffield United News

Retained loss for Blades

Retained loss for Blades

A retained loss of £13m has been recorded by Sheffield United for a second year running.

Continued participation in league one isn't doing much to help The Blades' financial position so the sooner they can gain promotion the better!

Sheffield United plc chairman Kevin McCabe, as he told the official website, said: 'The financial impact of a season back in League One is self-evident, reinforcing the need to move forward as a financially sustainable organisation still having clear aims and objectives of playing football in the higher echelons of the English league pyramid.

'On the playing side the transition to recruit younger players on wages the club is structured to afford is well under way, also enabling us to comply with new Football League financial control mechanisms - the Salary Cost Management Protocol. In simple terms, driven by Football League enforced regulations, this club, like any other in Leagues One and Two, will now only recruit players its revenues can support.

'The focus going forward will be to develop and grow a high-performing player talent base, maintaining a sustainable business where we can see a maximum return on our assets and ensuring we are a true family and community club.'

Turnover fell by £4.1m to £10.2m in the year ending June 2012, player trading to a profit of £1.6m helped offset interest costs of £2.6m.

Apply To Be A Site Editor



Click here to join in the debate on the club forum.

Writer:Site Staff
Date:Thursday November 22 2012
Time: 11:05AM

Best of Vital Network

Vital Boxing - Mike Towell – RIP

Vital Boxing - Tyson Fury Will Be Back!

Login to post a comment

Recent Sheffield United Articles

Stats: Fleetwood Town v Sheffield United

All the stats from Fleetwood Town (1) vs (1) Sheffield United, Highbury Stadium, 01/10/16 Att: 4,004

Fleetwood v Sheffield United - Team Sheets

Sheffield United go to the Highbury Stadium as the visitors to Fleetwood for the latest League 1 match.

Vital Pre-Match - League 1, 1st October

The 2016-17 season continues with the latest round of matches this weekend, which will see us among those having a match in this upcoming schedule with three-points the aim of course.

EFL - The Stats Ten Games In (30/9/16)

The Football League, or as it wants to be known now, the EFL, have compiled the statistics with the vast majority of clubs now ten games into the new 2016/17 season.

Archived Vital Blades Articles

Vital Blades articles from

Site Journalists

Oliver Longden
no email
Profile

Current Poll (see more polls)

Fleetwood MotM
Suggested By:
Moore0%
Wright0%
Ebanks-Landell0%
O Connell0%
Freeman0%
Fleck0%
Duffy0%
Coutts0%
Lafferty0%
Done0%
Sharp0%
Sub - Hussey0%
Sub - Scougall0%
Sub - Chapman0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Scunthorpe 10 6 3 1 21 14
2 Bury 10 6 2 2 20 8
3 Bradford 10 4 6 0 18 5
4 Northampton 10 4 5 1 17 7
5 Port Vale 10 5 2 3 17 3
6 Sheff Utd 10 5 2 3 17 0
7 Bolton 10 4 4 2 16 2
8 Gillingham 10 4 3 3 15 -2
9 Peterborough 10 3 4 3 13 4
10 Bristol Rovers 10 3 4 3 13 -1
11 Chesterfield 10 3 3 4 12 1
12 Charlton 10 2 6 2 12 1
13 Fleetwood 10 3 3 4 12 0
14 MK Dons 10 3 3 4 12 -1
15 Rochdale 10 3 3 4 12 -1
16 Oxford 10 3 3 4 12 -1
17 Millwall 10 3 3 4 12 -3
18 Swindon 10 3 2 5 11 -4
19 Southend 10 3 2 5 11 -8
20 Wimbledon 10 2 4 4 10 -3
21 Walsall 10 2 4 4 10 -5
22 Shrewsbury 10 2 3 5 9 -5
23 Oldham 10 1 6 3 9 -5
24 Coventry 10 0 6 4 6 -6
Latest F1 News
Latest Vital Boxing News

Recent Sheffield United Results (view all)

Sheffield United Fixtures (view all)

Oct 1 2016 3:00PM : Fleetwood Town (a)
Sky Bet League One
Oct 8 2016 3:00PM : Walsall (H)
Sky Bet League One
Oct 15 2016 3:00PM : Port Vale (H)
Sky Bet League One
Oct 18 2016 7:45PM : Shrewsbury Town (a)
Sky Bet League One
Oct 22 2016 3:00PM : Bradford City (a)
Sky Bet League One
Oct 29 2016 3:00PM : Milton Keynes Dons (H)
Sky Bet League One