US takeover talks for Sheffield Utd

Football
29 May 2024 • 12:34 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Championship side Sheffield United could be set for a takeover this summer.

The relegated Premier League club is said to be on the verge of being taken over by an American consortium.

Per The Telegraph, current owner Prince Abdullah and Silicon Valley-based investors are in talks.

They are hoping to finalize a deal in the coming days that would move the Blades to new ownership.

Despite promotion to the top flight a year ago, the Blades financial situation has remained tight.

They were unable to sufficiently strengthen their squad and ended up finishing bottom of the table.