The English Football League is investigating allegations that Sheffield United's owner, American investment group COH Sports, formed a new parent company to avoid paying £35m owed to previous owner Prince Abdullah. COH Sports bought the club for £100m in December 2024 and paid the first installment of £30m but allegedly missed two subsequent payments. likesport.biz
Abdullah's investment vehicle, United World, issued a winding-up petition in the high court against COH Sports this week and has taken its concerns to the EFL and the Independent Football Regulator. The club's ownership, led by Steven Rosen and Helmy Eltoukhy, is now facing scrutiny over its financial practices.
