CASH-STRAPPED: Sheff Utd is "poised for shock takeover as African billionaire puts £90 million deal for cash-strapped club under transfer ban," according to media reports.
Due to unpaid debts, Sheffield United is supposedly in line for a shocking £90 million acquisition from an unidentified African millionaire.
After 28 games in the Championship, the Blades are second with a 12-point lead over Middlesbrough and are vying for promotion back to the Premier League.
However, due to financial issues, they were placed under a transfer embargo last month.
Due to their failure to make signing-related installment payments, Sheffield United will be unable to make any new acquisitions for the ensuing 18 months.
Included in these were payments made to Liverpool for the £23.5 million forward Rhian Brewster, who was acquired in October 2020.
Gaining promotion back to the top division or being acquired could allay the Blades' concerns about money.
Additionally, a source claims that an unidentified African tycoon has made a £90 million purchase offer for Sheffield United.
The interested party wants to buy the club from Prince Abdullah, the present Saudi owner.
Last year, American Henry Mauriss came very close to taking over the team, but the bid collapsed when he failed the EFL's test.
The most recent African offer is thought to be far more likely.
The financial stability of Sheffield United will determine whether they are compelled to sell important players.
A £20 million comeback to the Premier League with Fulham was rumored for Sander Berge.
Additionally, an astounding 15 players might leave for free in the summer.
The club's top players, including Oliver Norwood, Wes Foderingham, Oli McBurnie, and Billy Sharp, plan to leave.
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