Sheffield United faces possible 12-point deduction as ex-owner files winding-up petition.
Sheffield United faces potential administration and a 12-point deduction as its former owner, Saudi Prince Abdullah Bin Mosaad Bin Abdulaziz Al Saud, pursues a winding-up petition against the club's current ownership group over an alleged unpaid debt of £35 million. A High Court hearing on the petition is scheduled for Wednesday, August 19, 2026.
The dispute stems from the December 2024 takeover of the Championship club by an American consortium led by Helmy Eltoukhy and Steven Rosen. Prince Abdullah's company, United World, sold Sheffield United and its assets for just over £100 million. United World alleges that the purchasing entity, COH Sports Bidco Ltd (CSBL), still owes £35 million in outstanding instalments from that deal.
In a statement issued on Monday, August 17, United World claimed the current owners are "trying to take the club without paying for it." The company contends that a recent transfer of the club's shares from CSBL to a new entity called 1919 Partners was an attempt to avoid paying CSBL's creditors. United World has hired leading sports lawyer Nick De Marco to represent its case.
If the winding-up petition is granted, United World warns of severe...