Posted by Alien Nate on 19/3/2023, 15:33:47, in reply to "Re: Great news"
Re: Great news
Posted by Billy Bibble on 19/3/2023, 14:54:58, in reply to "Great news"
Useful money to avoid administration- not great for us
Re: Great news
Posted by The Outsider on 19/3/2023, 15:14:24, in reply to "Re: Great news"
Sheffield United chief executive Stephen Bettis insists the club are not in danger of going into administration.
Reports on Friday stated the club had introduced measures to reduce expenditure and avoid the threat of administration.
Bettis denied that these measures, including cutting back on grass fertiliser and turning off undersoil heating at the training ground, had been taken. The chief executive did admit that United had failed to pay several suppliers on time.
“We are not going into administration … there is not even a threat,” said Bettis.
“Let’s be brutally honest, if you look at the Championship, everyone knows every club is running as tight as they can to the wire because the reality is the amount you invest into the first team makes results.
“Normally, the ones that spend the most get promoted.
“There are various clubs under embargo and some have paid their players late, but we have never done that and have no intention of doing that. I have the money in the bank to pay the wages at the end of this month.
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