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Sheffield United takeover: US businessman Henry Mauriss has £115m bid to buy Championship club accepted


AMERICAN businessman Henry Mauriss has had a £115million bid to buy Sheffield United accepted by the Championship club.

Mauriss previously bid £350m to buy Newcastle United in 2020 before a Saudi Arabian-backed takeover went through the following year.

Sheffield United are in contention to return to the Premier League at the first time of askingCredit: PA:Press Association
American businessman Henry Mauriss has had a £115million offer to buy the Blades accepted

Prince Abdullah Bin Mosaad Bin Abdulaziz Al Saud owns the Blades after winning a legal case in 2019.

The club are sixth in the Championship, occupying the final play-off spot with three games remaining.

Mauriss previously entered a period of exclusivity when trying to buy Newcastle before the deal fell through.

Any deal to buy the Blades would be subject to the EFL’s owners’ and directors’ test.

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Abdullah, a Saudi prince, won a High Court battle to take control of Sheffield United after their promotion to the Premier League under Chris Wilder.

He had owned 50 per cent of the Blades since 2013 after former shareholder Kevin McCabe searched for fresh investment in the club when they were in League One.

Sheffield United Ltd, the company run by Mr McCabe and his family, eventually made an offer to buy out the prince for £5m.

But the offer also gave the prince’s company, UTB LLC, the option to buy Mr McCabe’s shareholding at the same price and a counter notice was served in January 2018.

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BETTING SPECIAL – GET FURY AT 30/1 OR WHYTE AT 100/1

A native of Burbank, California, Mauriss is currently the CEO of ClearTV.

He made his fortune in the credit card and finance industry, before moving into the media and transforming ClearTV into a national giant.

The network now provides services to airports and health care facilities across the States.

Mauriss has also forged partnerships with broadcasting giants NBC and CBS, while maintaining a keen interest in sport.


Source: Soccer - thesun.co.uk


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