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Blades doing well on a tight budget

Kieran Maguire of the PriceofFootball takes an in depth look at the recently published accounts of Sheffield United: Blades. Commenting on the Championship in general, he notes, 'Having to compete against clubs with the benefit of parachute payments as well as some with rich benefactors means that wages are high, and losses are common.'

He concludes, 'Sheffield United have done extremely well to be at the top end of the Championship on a relatively low budget with owners who are reluctant to put in further cash until their dispute has been concluded. Realistically losses of about £10-12 million this season are likely to be the case, but the sale of David Brooks should offset some or all of them. How long the club can rely on player sales to balance the books in a division that generates higher losses than any other in Europe is uncertain.'

Credit has to be given to Chris Wilder and his team for getting on with the day job, making smart loan signings and ignoring the boardroom shenanigans.'

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