The co-owner Kevin McCabe of sheffield United should sell his share of their team to, Prince Abdullah, a High Court judge has ruled.
McCabe might need to sell his stake from the Premier League club to Prince Abdullah for #5m.
In a hearing that lasted less than three minutes, Justice Fancourt’s conclusion ended a bitter 18-month lawful struggle for management at Bramall Lane.
After hearing six months of evidence in London’s High Court the judge stated McCabe and his firm SUL should sell their stocks in the club to Prince Abdullah.
The Saudi royal purchased 50 percent of the One club six decades ago.
In a statement, Prince Abdullah said:”I’m delighted that this judgement brings an end to the uncertainty over Sheffield United’s future. The team and our supervisor Chris Wilder are off to a promising beginning and we are now able to concentrate on this vital Premier League year under stable possession.
“[...] I am completely committed to continued investment in the First Team along with the Academy and to delivering best practices and the highest standards of management to the team.
“I also look forward to hearing by the fans, team staff and other stakeholders seeing ways in which we could enhance the matchday experience and support the community that has so loyally supported us.
“One initiative already underway is that the unification of their club and its crucial properties. We would like to have our stadium and wish to complete this integration over the coming year.”
Justice Fancourt adjourned the case till October 14, and McCabe would have to decide whether he is to appeal Monday’s conclusion.
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