Sheff Utd chairman to stand down 26/11/2010
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Sheffield United chairman Kevin McCabe has announced he will step down from his role next month.
McCabe will be replaced by the club’s vice-chairman Chris Steer at its club's annual general meeting in December.
"I've always said a chairman should be in the territory and be accessible," McCabe told BBC Radio Sheffield.
"It's not on with where I live [Brussels] and where I do business both nationally and internationally."
McCabe, who took over as chairman in 2008 on a temporary basis, added: "Chris is a super guy – he's got a great accord with supporters.
"His dedication to the cause for Sheffield United is total. He'll be taking the chair on and I think that's a positive.
"It's appropriate for Chris to fly the flag as the key ambassador, which he is very good at doing."
News of the change of chairmanship came a day after the club announced losses of almost £19m, but McCabe insists the two events are unconnected and rejects any idea that he is looking to sell up from the club.
"The time is right, it's coincidental with reshaping the club," he said.
"I don't see myself getting my money out. If a Roman Abramovich were to come along, I would contradict myself, but do I see that happening? Not really."
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