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Search for investment continues

15 May 2013

Julian Winter believes the search for investment at Bramall Lane has become simpler following restructuring to the Football Club board.

Last week it was announced that the returning Chief Executive would be part of a three-man FC board, alongside Scott McCabe and David Green, and Winter says any investors would see their money go directly towards the first-team.

He commented: "Basically the Club has a tremendous infrastructure and a lot of money has been spent over the years in putting such facilities in place. In order for someone to acquire this Club and all its real estate would take a real considerable amount of money. But if investment arrives it will be to support first-team operations, from there we could scale our model accordingly.

"When I originally joined the Club we had a sizeable squad and created a financial model that wraps around the football side, dependent on divisional status. Over a period of a time you have to transition into that working model, if investment arrives we could scale up.

"There are always people interested in football clubs; in my first year here we had a lot of people purporting to have a real interest. The recent re-organisation (of the Football Club board) makes the proposition a lot simpler."

Winter also outlined the importance of the Blades cutting costs further to adhere to spending regulations, whilst also relying less on contributions from the Club's benefactor.

He concluded: "The Football Club isn't operating to a sustainable level, the McCabe family has continued to support the Club for a number of years and the big losses can't continue.

"It isn't possible in League One anyway because of the Salary Cost Management Protocol (SCMP); we have to get some control on matters. There will still be some requirement of funding but it isn't for me to say anymore at this stage."

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