Sheff Utd ‘set for shock takeover as African billionaire tables £90million bid for cash-strapped club amid transfer ban’
CASH-STRAPPED Sheffield United are reportedly set for a shock £90million takeover from an unnamed African billionaire after being placed under a transfer embargo for missed payments.
The Blades are chasing promotion back to the Premier League and are sat second in the Championship after 28 games played and hold a 12-point advantage over third-place Middlesbrough.
GettyPrince Abdullah could sell Sheffield United to an unnamed African billionaire for £90m[/caption]
AlamySheffield United are chasing promotion back to the Premier League[/caption]
But they were placed under a transfer embargo last month amid financial difficulties.
Sheffield United are unable to buy players for the next 18 months after failing to keep up with payment instalments on signings.
This included payments to Liverpool for forward Rhian Brewster, who was signed in October 2020 for £23.5m.
Winning promotion back to the big time could ease the Blades’ financial fears – as could a takeover.
And according to the Daily Mail, Sheffield United are subject of a £90m takeover bid from an unnamed African billionaire.
The interested party would like to purchase the club from current Saudi owner, Prince Abdullah.
American Henry Mauriss was close to buying the club last year only for the takeover to collapse after he failed the EFL’s test.
The latest African bid is seen as much more viable.
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If Sheffield United’s financial situation remains uncertain, they could be forced to sell key players.
Sander Berge was linked with a £20m return to the Premier League with Fulham.
An astonishing 15 players could also leave for nothing in the summer.
Oliver Norwood, Wes Foderingham, Oli McBurnie and Billy Sharp are among the big names set to leave the club.
