Skip to main content

Blades fans let down by owner

I have a good friend who is a Blades fan who is having a major operation in Sheffield this week.  At least he will be spared the sight of more likely collapses by the team with fans walking out before half time.

Confidence is a key factor in football and its absence can compound weaknesses in a team.

The culpability for Sheffield United’s miserable state ultimately lies with Prince Abdullah, the club’s Saudi owner, whose meagre financial backing and rank incompetence makes it an enduring mystery that he presided over promotions from the Championship twice in four years. Both of those ascents, though, owed everything to stellar work by Wilder and Heckingbottom, and were achieved in spite, not because, of Abdullah’s stewardship.  

It is hard to recall a promoted club beginning a campaign with a team so clearly diminished from the last. Berge and Ndiaye were in the final years of their contracts and, after failing to agree new deals, the club chose to sell them for a combined total of about £32 million, on the eve of a campaign that would generate six times that sum if they survived for only one season.

When replacements finally did arrive, the season was already under way and, of the ten arrivals — three of whom joined on loan, the rest for a collective £56 million — only Cameron Archer, Gustavo Hamer and McAtee were anywhere near the required standard.

Thoughts are already turning to next season and the respite of a return to the second tier. Abdullah’s attempts to sell the club have so far been in vain. A deal with the Nigerian businessman Dozy Mmobuosi collapsed last year and Mmobuosi has since been accused of fraud by the US Securities and Exchange Commission. The previous suitor, Henry Mauriss, is now serving time in a California jail for wire fraud.

Some leading Premier League sides would like to cut back promotion and relegation with the Championship and Sheffield United's plight (and to an extent that of Burnley) reinforces their argument. Before the season pundits were predicting that Luton would struggle, but they have put up a fighting performance.


Comments

Popular posts from this blog

It's no deal say Spurs insiders over Taiwanese takeover

Senior figures at Tottenham Hotspur insisted on Friday that they had not been informed of any deal to sell Daniel Levy’s stake in the club. A business group, Eight Sports Capital — which is said to include a billionaire Taiwanese financier — claimed that it had an agreement in place to buy a 24.99 per cent stake in ENIC, the club’s majority owners, from Levy, who owns 29.88 per cent. The Times has been told Ng Wing Fai and Brooklyn Earick form part of the group, having both been linked previously to potential takeovers of the Premier League club. The Taiwanese businessman, Richard Tsai, is also said to be part of the consortium. He is reportedly worth £7 billion.  Last year Earick, the former DJ and tech entrepreneur, was part of an attempted £4.5 billion takeover, which was “unequivocally rejected” by Spurs.  An ENIC spokesperson said: “We can confirm that neither ENIC nor THFC are aware of any sale by Daniel Levy’s Family Trust of its minority stake in ENIC, THFC’...

Reports about Charlton sale exaggerated

Reports have appeared in The Guardian and elsewhere that Charlton has been put up for sale. Richard Cawley is an authoritative local journalist who runs a South London Sport substack site.  He reached out to the club yesterday evening to ask for comment on The Guardian’s article. Early indications from the club have been that nothing has changed since the story about them seeking investment, except that it is now a different company doing it. Charlton have since managed to consolidate their place in the Championship, avoiding an instant return to League One, with their women’s side promoted to the WSL, returning to the top flight for the first time since 2007, although staying there is likely to be costly. It would be counter-intuitive for owners Global Football Partners not to progress the club when looking for investment, that the focus remains on driving it forward, that their spend this summer is in line with long-term planning and will see an increase in wages spent on players...

Levy's anomalous status at Spurs

It is now nearly a year since Daniel Levy was dismissed as Tottenham Hotspur chairman by the Lewis family.  It has been 12 months of dramatic twists and turns, with Spurs avoiding relegation on the final day of the Premier League season, and then spending unprecedented sums this summer to try to make sure such a scare never happens again. But while most fans focus on the football — and a dubbing by Brentford   — another set of issues have been bubbling away separately. These relate to Levy’s continued position as a minority shareholder in the club. This has been in the news for much of this summer, even as we approach the first anniversary of Levy’s dismissal, and specifically this month, after he missed the opportunity last week to participate in the Lewis family’s latest equity injection into the club. On Thursday morning the club confirmed that his shareholding has been diluted, down by roughly two per cent, after the creation of new ENIC shares. Levy’s dism...