EFL examines Sheffield United over claim owners trying to avoid paying full purchase price

The Guardian 1 min read 5 hours ago

<ul><li><p>Prince Abdullah asserts he is still owed £35m</p></li><li><p>Shares allegedly transferred to new company</p></li></ul><p>The English Football League is investigating allegations that Sheffield United’s owner, the American investment group COH Sports, has formed a new parent company for the club to avoid paying £35m owed to the previous owner, Prince Abdullah.</p><p>COH Sports, led by Steven Rosen and Helmy Eltoukhy, agreed <a href="https://www.theguardian.com/football/2024/dec/23/sheffield-united-takeover-completed-as-coh-sports-buys-championship-leaders">a deal to buy United from the Saudi Arabian</a> for about £100m in December 2024 and paid the first instalment of about £30m shortly after, but is alleged to have been late in paying the second instalment and missed two subsequent payments due this year. Abdullah’s investment vehicle, United World, issued a winding-up petition in the high court against COH Sports this week and has taken its concerns to the EFL and the Independent Football Regulator.</p> <a href="https://www.theguardian.com/football/2026/jul/08/efl-sheffield-united-owners-payment-prince-abdullah-coh-sports-1919-partners-investigation">Continue reading...</a>
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