Sheff Utd could face points deduction after High Court ruling

Sheffield United could face a 12-point deduction following a High Court ruling on the liquidation of the company formerly responsible for the club's purchase. COH Sports Bidco Limited (CSBL) was placed into liquidation by the High Court on Wednesday, with the club's former owners, United World, filing a winding-up petition against them.

CSBL, headed by co-chairmen Steven Rosen and Helmy Eltoukhy, had no representation at the hearing, which lasted about 10 seconds. Sheffield United's spokesperson stated that the club is aware of the hearing and is in contact with the English Football League (EFL) regarding day-to-day operations. The EFL has not yet imposed any penalties, but will consider the implications of CSBL's liquidation and other regulatory matters related to the club's ownership structure.

The Independent Football Regulator (IFR) is also examining the court's decision on COH Sport and in contact with the club and EFL. The club's ownership structure has undergone complex changes, with Saudi Arabian Prince Abdullah bin Mosaad Al Saud previously owning the club, and the shares later transferred to a new US-based company.

The unpaid debt of £35 million, which remains outstanding, is linked to the new ownership structure, potentially contributing to the EFL's decision on any further action required.