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Sorry to those without the Athletic. See other articles. Prince Abdullah is reported to have paid £5 million for it according to the Star - but that doesn't sound right to me (I know there was a protracted battle). Hopefully Shef will be along soon to clarify! https://theathletic.com/news/efl-reviewing-115m-takeover-of-sheffield-united-by-american-businessman-mauriss/RDzXz1QrMfQb/ https://www.bbc.co.uk/sport/football/61177119 https://www.thestar.co.uk/sport/football/sheffield-united/henry-mauriss-meet-the-american-billionaire-who-wants-to-buy-sheffield-united-3663500
It looks like the EFL is increasingly likely to adopt the new FFP rules (profit and sustainability). After a transition period it is expected that clubs will have maximum spend of 70% of turnover on wages + amortisation. This could a game-changer for English football, with consequences on wage levels and transfer fees particularly outside the premier league. It seems likely that parachute payments will be part of the deal (it has been bubbling under for a while now). This would make it (even) harder for newly promoted teams + give huge problems to relegated teams - so surely there will have to be some form of protection? Of course the devil will be in the detail, but generally I think it will be a good thing - NCFC share holders might even get a return on their shares! https://www.telegraph.co.uk/football/2022/04/08/cost-controls-wild-west-championship-finally-sight/
Firstly disclaimer - Not a witch hunt, finger point or a "your wrong" thread I want to see the other side of the argument. So firstly - I do not understand why so many of our fan base wants Delia Smith to leave. I remember the Chase era and can still remember the relief and excitement when she bought the club. There have been ups and downs but i would say more ups to her ownership than downs. Secondly - I do not understand what or who people think or would want (lets go pure fantasy here) from a new owner. Do you want a Ryan Reynolds style celeb (arguably we have done the celeb route with Delia) Do you want Sheikh Fastcahanoil Upresslefem? Do you want Ivanovich Warcrimavich? Or some kind of big money NFL first American take over? Or some kindly Leicester style chap? I guess from my perspective to sell out for the big money we need and require to compete in the Prem we have to sell the most important part of our club which is our soul. Some might find it mental but i would rather be in our position and being passionately furious than sat at the top of the Prem celebrating another meaningless whatever win with a team full of mercenaries. I guess i just feel that so many people point fingers at Delia and I wonder what the alternative is? Who do people actually think will want to buy us? How will we as fans suffer? Or is it just all about Prem survival / victory? Cheers guys, hope for some objectiveness, but yeh its the Pinkun so wont hold my breath!
https://www.bbc.co.uk/sounds/play/m000mzph Radio 4s investigative show "File on Four" did a really excellent investigation into EFL team ownership this evening titled, "Fit For Football". If you have any interest at all in the regulations and practices that determine team ownership and finance this is essential listening. You can find it at the link above. There are some truly shocking (and indeed, heart-breaking) revelations uncovered.