Sheffield United’s ex-owners winds up company which bought club
United World, led by Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, filed a winding-up petition against COH Sports Bidco Limited last month over an alleged £35 million (US$47.43 million) debt.
A former Sheffield United owner secured a High Court victory on Wednesday to dissolve the company that purchased the second-tier Championship club in 2024. United World Holding Limited's petition was granted after a brief hearing. The decision, according to a Sheffield United spokesperson, does not affect the club itself. United World did not provide immediate comment.
The club's current parent company, Blades Leisure Ltd, was bought by COH Sports, led by Steven Rosen and Helmy Eltoukhy, in 2024 through CSBL. In June, Sheffield United claimed 1919 Partners LLC was the actual parent company, a claim United World this week said seemed to be an effort to evade paying CSBL's creditors. This move could potentially lead the English Football League to impose a 12-point deduction, as the EFL's rules would be compromised if owners could acquire clubs without payment. The EFL has not yet responded to inquiries.
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- Sheffield United’s ex-owners winds up company which bought club freemalaysiatoday.com
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