Oohaah! Bob Bookah!
Member
- Joined
- Feb 27, 2017
- Messages
- 365
- Reaction score
- 707
Just got this through an email from the club
Senior officials at the Club have been informed that the Court of Appeal, Civil Division of England and Wales, has issued its decision to refuse Sheffield United Limited (SUL) permission to appeal the judgment of the High Court of Justice, Business and Property Courts of England and Wales made on 16 September 2019.
The judgment required 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 Court of Appeal considered there to be no good grounds for allowing an appeal by Mr McCabe’s SUL. The decision brings an end to over two years of contentious litigation over the ownership of Sheffield United.
The Board is delighted that any lingering uncertainty about the Club’s future ownership is at an end and that everyone at Sheffield United can now fully focus on what has, to date, been a fantastic first season back in the Premier League.
The Board is also delighted that an agreement, in principal, has been reached with SUL and the Scarborough Group, also controlled by Mr McCabe, over the transfer to the Club of the freehold of Bramall Lane (together with the long leasehold interests in the Copthorne Hotel and Enterprise Centre), plus Shirecliffe Academy, the Junior Development Centre at Crookes and certain parcels of land within the "Bramall Lane footprint".
Prince Abdullah expects the transfer of the properties to be completed within a matter of months and looks forward in particular to the Club being unified with its beloved home, Bramall Lane.
Senior officials at the Club have been informed that the Court of Appeal, Civil Division of England and Wales, has issued its decision to refuse Sheffield United Limited (SUL) permission to appeal the judgment of the High Court of Justice, Business and Property Courts of England and Wales made on 16 September 2019.
The judgment required 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 Court of Appeal considered there to be no good grounds for allowing an appeal by Mr McCabe’s SUL. The decision brings an end to over two years of contentious litigation over the ownership of Sheffield United.
The Board is delighted that any lingering uncertainty about the Club’s future ownership is at an end and that everyone at Sheffield United can now fully focus on what has, to date, been a fantastic first season back in the Premier League.
The Board is also delighted that an agreement, in principal, has been reached with SUL and the Scarborough Group, also controlled by Mr McCabe, over the transfer to the Club of the freehold of Bramall Lane (together with the long leasehold interests in the Copthorne Hotel and Enterprise Centre), plus Shirecliffe Academy, the Junior Development Centre at Crookes and certain parcels of land within the "Bramall Lane footprint".
Prince Abdullah expects the transfer of the properties to be completed within a matter of months and looks forward in particular to the Club being unified with its beloved home, Bramall Lane.
