The co-owner Kevin McCabe of sheffield United must market his share of their club Prince Abdullah, for, a High Court judge has ruled.
McCabe will have to sell his stake to Prince Abdullah for # 5m from the Premier League club.
At a hearing which lasted less than a few minutes, Justice Fancourt’s conclusion ended a bitter 18-month legal battle for management at Bramall Lane.
After hearing six weeks of proof at the High Court of London over the summertime, the judge stated McCabe and his company SUL must sell their stocks in the club to Prince Abdullah.
The royal purchased 50 percent of this then-League One club #1 six decades back.
In a declaration, Prince Abdullah said:”I’m delighted that this decision brings an end to the uncertainty on Sheffield United’s future. Our boss Chris Wilder and the team are off to a start and we can now concentrate on this Premier League season under ownership.
“[…] I’m fully committed to continuing investment in the First Team along with the Academy as well as bringing best practices and the greatest standards of management to the club.
“I also look forward to hearing by the fans, club staff and other stakeholders regarding ways in which we can enhance the matchday experience and encourage that the community that has so loyally supported us.
“One initiative already underway is the unification of their club and its key properties. We want to get our arena and wish to complete this integration within the next year.”
Justice Fancourt adjourned the case until October 14, and McCabe will have to decide whether he is to appeal the conclusion of Monday.