Help Sitemap Home Skip Navigation Contact Us Disability Statement

 
 
Thursday, 20th November 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the Sheffield Telegraph site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Blades prepare for double-your- money demand to West Ham



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 10 October 2008
Sheffield United could double their demand for damages as pressure mounts on West Ham over the Carlos Tevez affair.
But the crisis-hit Londoners will be offered extra time to pay up with Blades chief Kevin McCabe ready to negotiate stage payments.

United's £30m claim for being deprived of Premiership status was considered overly conservative by many of those close to their plight. Not any more it isn't.

Try £50m or more as Bramall Lane's new gauge of the true cost of the club's controversial removal from the top flight.

That is the sort of figure which will emerge from a re-calculation of the Blades' compensation demands now that an FA tribunal has awarded in their favour and against West Ham.

Chairman McCabe, talking in a Telegraph one-to-one today, says only that United's claim will be "a sum of substance."

But his choice of words - "we're producing our final figures" - is considered both signficant and revealing. It is now widely understood that the amount will be considerably in excess of the original claim. McCabe also signals his sympathy with possible separate claims from former boss Neil Warnock and relegated players.

The new figure will take into account United's belief that they could and should still be in the Premier League, and the reality that they are serving a second season outside it.

Today, McCabe also reveals his "relief" at the tribunal verdict after an almost obsessive quest for retribution that has run up a legal bill well beyond £1m amid accusations from some areas that his club had taken its eye off the ball in pursuing West Ham through the courts.

Now it is a matter of when - not if - United are compensated. McCabe guardedly predicts a "Springtime-ish" compensation order. It may even come earlier because I understand there is a set date in the machinery for final settlement. But there are bound to be many claims and counter-claims in the intervening months, perhaps finally leading to an "out of court" settlement. The only danger signal to United is the intensifying cash crisis at Upton Park. No-one, least of all United, would want to see the Hammers collapse into administration, potentially wiping out all debts and the compensation deal.

For now, the two clubs are pushing hard against each other. West Ham's futile attempt to appeal through the little-known Court of Arbitration for Sport has been seen for what it probably is - a blatant stalling device.

United's response was swift as they prepared to up their original claim. If the parties were to meet in the middle - as is usual in financial battles - the Blades could expect to net all or most of that £30m. But it is clear that West Ham's delaying tactics could further rebound on them as the figures continue to climb.

It could be argued - and has been by critics of McCabe's stand - that a prolonged absence from the top flight is partly, or mostly, United's own fault.

Last year's appointment of Bryan Robson backfired and a poor season was only redeemed by the late arrival of Kevin Blackwell.

Equally, it is plausibly said that United should have saved themselves instead of slipping to a lamentable last-day home defeat to Wigan. But it has been established beyond doubt that West Ham cheated to survive at United's expense and the hangover from relegation has had a debilitating effect.

If McCabe - who now has a vision for a debt-free Bramall Lane - sees some medicinal value in a compensation award then that is a natural entitlement.



What do you think? Add your comments below

MORE:
Local News
Local Sport
Arts Guide
Listings Guide
Restaurant Guide
Letters


The full article contains 626 words and appears in Sheffield Telegraph newspaper.
Page 1 of 2

  • Last Updated: 10 October 2008 11:35 AM
  • Source: Sheffield Telegraph
  • Location: SHEFFIELD, SOUTH YORKSHIRE
 
Prev
1
Next
1

I Kemp,

Poole, Dorset 10/10/2008 09:49:45
Greed! Greed! Greed!

From the image of the put-upon underdog Mr McCabe is turning Sheffield United into a greedy parasite.

A very sad time for sport!!
2

Getalife,

Belper 10/10/2008 12:05:50
I don't see how Sheffield United have lost anything like £30 to £50 million as a consequence of their relegation from the premiership.

Their operating profit was £2.6 million for their last season in the premiership, and £1.3 for their first season back in the Championship. Hence their actual loss in profits was only £1.3 million.

So, even if the tribunal's ruling that West Ham were "a" cause of Sheffield United's relegation means that a substantial proportion of the loss will eventually be awarded in damages, it doesn't follow that it will be anything approaching the silly figures being claimed.
3

wesps,

10/10/2008 13:26:36
i know its ridiculous, dont disagree with the decision but the figures they are claiming are pure greed and sour grapes, i thought 30m was a bit excessive but 50m?! it'll be 100m next week for the possiblity that mccabe may have signed robinho then sold him to man city for a 50m profit.

most of their claims are all estimates and ifs and maybe figures, its likely that they'd have gone straight done the year after anyway

what about parachute payments? they took them willingly enough surely if theyre sucessful they should be deducted

thought i'd say it on here coz anything anti blades gets deleted on the sheff star
4

wesps,

10/10/2008 13:26:37
i know its ridiculous, dont disagree with the decision but the figures they are claiming are pure greed and sour grapes, i thought 30m was a bit excessive but 50m?! it'll be 100m next week for the possiblity that mccabe may have signed robinho then sold him to man city for a 50m profit.

most of their claims are all estimates and ifs and maybe figures, its likely that they'd have gone straight done the year after anyway

what about parachute payments? they took them willingly enough surely if theyre sucessful they should be deducted

thought i'd say it on here coz anything anti blades gets deleted on the sheff star
Prev
1
Next

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
 
  

 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.