Sheffield United's owners face a winding-up order in the High Court on Wednesday which could mean the club incur a 12-point deduction in the Championship this season.
The case is related to the purchase of the club in December 2024 by COH Sports Bidco Limited (CSBL), an American-based consortium.
CSBL agreed to buy the Blades for just over £100m but, according to the club's former owners United World, still owes more than £35m from the deal.
The winding-up petition was filed against CSBL - not the football club - on 8 July, and is due before the High Court on Wednesday.
If the £35m is not paid, or an agreement is not reached, CSBL could be wound up.
#court #owners #winding #december
The case is related to the purchase of the club in December 2024 by COH Sports Bidco Limited (CSBL), an American-based consortium.
CSBL agreed to buy the Blades for just over £100m but, according to the club's former owners United World, still owes more than £35m from the deal.
The winding-up petition was filed against CSBL - not the football club - on 8 July, and is due before the High Court on Wednesday.
If the £35m is not paid, or an agreement is not reached, CSBL could be wound up.
#court #owners #winding #december
19 days ago
