According to the High Court of Justice, Kevin McCabe will have to sell his Sheffield United shares to Prince Abdullah bin Mosa’ad bin Abdulaziz Al Sa’ud.
The fight to control English Premier League side Sheffield United has come to an end.
“This morning, the High Court of Justice, Business and Property Courts of England and Wales, issued its judgment requiring Sheffield United Limited (SUL), a company controlled by Mr. Kevin McCabe, to sell its shares in Blades Leisure Limited (Blades), the parent of Sheffield United Football Club Ltd, to UTB, LLC, a company owned by H.R.H. Prince Abdullah bin Mosa’ad bin Abdulaziz Al Sa’ud,” a statement read after being published in the club’s official website.
“The judgment also dismissed all of the claims which SUL had made against Prince Abdullah, UTB and SUFC, and Blades board member Mr. Yusuf Giansiracusa.”
“After over 20 months of contentious litigation, the Club is delighted that this judgment brings an end to the uncertainty over Sheffield United’s future ownership and allows us to focus our full attention on the season ahead.”
With this, the newly-promoted team can focus on staying alive in the competitive English Premier League tournament where they currently stand in the 15th position, two points away from the relegation zone.