Sheffield United: Lane chief reveals spending plans

Sheffield United co-chairman Jim Phipps during a press conference. PRESS ASSOCIATION Photo. Picture date: Friday November 21, 2014. Sheffield United co-chairman Jim Phipps has responded to criticism from fans
Sheffield United co-chairman Jim Phipps during a press conference. PRESS ASSOCIATION Photo. Picture date: Friday November 21, 2014. Sheffield United co-chairman Jim Phipps has responded to criticism from fans
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Sheffield United’s co-chairman Jim Phipps has insisted the Bramall Lane’s hierarchy will pump “further monies” into the League One club to bolster its promotion credentials.

Phipps issued the pledge in a personal statement to supporters which also appeared to criticise Nigel Adkins’ predecessor Nigel Clough who was dismissed earlier this year.

Claiming “the board, the management, the players and the fans” need “to step it up” if United are to reach the Championship nest term, Phipps said co-owner Prince Abdullah bin Mosaad bin Abdulaziz Al Saud had already injected £13m into the coffers over the past two-and-a-quarters years.

“During the months ahead, the owners plan to inject further monies into the club to ensure that the club has every chance of achieving its goal of going up this season in the automatic positions,” Phipps wrote. “In all, investment/re-investment during the most recent three seasons, including the current season, will top £25m by season’s end.”

Describing confidence in Adkins as “very high”, Phipps added: “We allowed the Technical Board process to be thoroughly undermined by a gaffer, who was not interested in the process; hence, some of the excesses (recruiting in quantity, signing injured players, etc). We should have seen what was happening (the excesses, any way) and responded to them more quickly.”

Twitter: @JamesShield1

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