McCabe has now got to sell his shares

[millertop]

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.

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.

[frogmiller]

They didn't do too bad leaving Wilder and the team to get on with things did they regardless of the back room goings on.

[Grist_To_The_Mill]

There are some great words for scrabble in that press announcement.

[Grist_To_The_Mill]

Incidentally the shares have to be sold to the Prince ( or the artist formerly known as squiggle) for £5 million.

With the current position in football and debt if I was McCabe I would want the money in a suitcase full of banknotes before I parted with even 1 share.

[Brin]

There are some great words for scrabble in that press announcement.

😁😁😁

[Brin]

Now that the issue has been dealt with, surely McCabe is entitled to half of the 120 million that Sheffield Utd got for being promoted to the Prem, as that happened before this ruling?

[flourbasher]

Who cares about that lot.

[Scum-Triumphant]

He must be livid.

[WanChaiMiller]

Now that the issue has been dealt with, surely McCabe is entitled to half of the 120 million that Sheffield Utd got for being promoted to the Prem, as that happened before this ruling?

How do you work that out??

[BigLadonOS]

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It's not "FUNNY" Scores 11