Sheffield United - Retained loss for Blades
UK time is: 15:54:47
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: Site Staff Mail feedback, articles or suggestions

Date:Thursday November 22 2012

Time: 11:05AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Sheffield United Articles

Blades Forward Interests Cardiff (Saturday July 4 2015)

Sharp For Murphy? (Wednesday July 1 2015)

Turnbull Arrives In Scouting Role (Monday June 29 2015)

Adkins On Building Excitment (Monday June 22 2015)

Morecambe Details Confirmed (Monday June 22 2015)

2015-16 Is Now Real For Adkins (Friday June 19 2015)

Audio - Adkins On Fixture List (Thursday June 18 2015)

Archived Sheffield United Articles

List All Vital Blades Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

League Table (view table)

Team P W D L GD Pts
16. Port Vale 0 0 0 0 0 0
17. Rochdale 0 0 0 0 0 0
18. Scunthorpe 0 0 0 0 0 0
19. Sheff Utd 0 0 0 0 0 0
20. Shrewsbury 0 0 0 0 0 0
21. Southend 0 0 0 0 0 0
22. Swindon 0 0 0 0 0 0

Sheffield United Fixtures (view all)

Breaking League News

DRFC Released midfielder joins Blackburn on trial
Doncaster : 05/07/2015 08:00:00
Strikers Join In Pre-Season Training
Port Vale : 04/07/2015 18:51:01
Kidderminster Friendly Arranged
Shrewsbury : 04/07/2015 16:04:00
McNulty Pleased With Tenerife Timing
Rochdale : 04/07/2015 15:59:00
Pragmatic Mowbray Seeks Spurs Link
Coventry : 04/07/2015 14:00:01

Current Site Poll (view all polls)

PO - Swindon MotM
Suggested By:  Site Staff
Howard 4%
Freeman 1%
Alcock 2%
McEveley 2%
Harris 1%
Flynn 33%
Coutts 2%
Basham 18%
Murphy 1%
Done 1%
McNulty 0%
Sub - Davies 0%
Sub - Adams 35%