CHIEF executive Julian Winter has rubbished claims Sheffield United’s plc chairman Kevin McCabe is contemplating leaving the club despite the heavy losses they sustained for the financial year ending June 30.
McCabe apologised to United’s shareholders on Tuesday night after the published annual report and accounts showed the club had lost a staggering £13.6m between June 2010-11.
The net debt stands at £32m and revenue streams, including gate receipts, have dropped considerably following relegation to League One.
But Winter, who has previously worked at Watford, insists McCabe remains committed to the cause and is determined to turn things around on and off the pitch.
“Kevin [McCabe] has been fantastically supportive of this football club and will continue to be,” he said. “He still has an interest [in the club] as an owner. The family have stood by the club on many occasions. The club is in safe hands with Kevin and the McCabe family.”
Winter says his objective is to make the club “stand on its own two feet”. However, he has stated there could be money available for boss Danny Wilson to strengthen the squad in January.