Chris Wilder insists the pay and bonus related deferrals which will be made by himself, his senior coaching staff, CEO Stephen Bettis and the first-team squad over the next six months is 'not a big deal', but hopes it will benefit the club in the future.
Speaking for the first time since the announcements were made earlier in the week, Wilder believes it's important the club 'together' even in these most difficult of times.
He remarked: "First and foremost, it's the least we could do to play our part. Myself, the staff and the players have been in negotiations about it and through Billy as well. It's important we look after the club in the right way.
"It's not a big deal, I've had some lovely messages but it's not a huge deal, we feel that our profession got some bad press at the start.
"The players have handled it magnificently and the staff understand the decisions that I make, and Stephen Bettis makes as a CEO. In six months, there could be a situation where this helps the club and it's the least we could do."
The Blades boss continued: "This club is at its most powerful and gained momentum when it has been together. It's something that I've been consistent with and I think you've seen over the past three or four years that I've been prepared to make big decisions on behalf of the club and it needs to have the power over everything else.
"We have to be strong and we have to be united and anyone that comes into our football club has to understand the fundamentals that make us strong and I'm certain that equates to what happens out on the pitch as well.
"It's been a long journey to get to the top of the mountain, we're trying to stay there and there will be bigger hurdles to get over if we want to establish ourselves as a Premier League club. Now is not the time to take a backwards step, we have to keep ploughing on because we can't do it the way other clubs can."