Sheffield United takeover on the verge of collapse – journalist
Sheffield United had been set to be sold to an American consortium but the deal is now in jeopardy as the final financial steps prove to be a problem.
According to The Sun’s Alan Nixon, the current Sheffield United board had set a deadline for the end of August as they wait for the arrival of a signature and money.
The Anglo-American consortium are yet to close the deal and now the takeover is in doubt with the current regime likely to continue.
The South Yorkshire club had wanted to secure loan deals for Chris Mepham and Tom Cannon before the end of the transfer window but were unable to do so because of the lack of funds.
Further talks have taken place with the Americans yet to submit a final signed document backed by extra funds.
The identity of the moneymen remains a mystery but sources claim that a non-refundable sum has been paid which will remain in the club’s coffers.
Sheffield United takeover in doubt
Chris Wilder’s side currently sit in eighth with two draws and two wins from their opening four games back in the Championship.
It was a busy transfer window at Bramall Lane despite the ownership uncertainty, Cameron Archer, William Osula, Auston Trusty, and Jayden Bogle all departed, earning the club a much-needed £35million.
The club spent a fraction of that on new players, Harrison Burrows, Michael Cooper, and Kieffer Moore were the only players signed for a fee – a combined £9.5million.
Sheffield United face fellow Yorkshire side Hull City in the first Championship game after the international break on Friday, September 13th.
In other news, Wrexham punishment revealed after Sheffield United cup brawl.
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