MX23RW : Tuesday, February 25 02:58:46| >> :600:2982959:2982959:

Kevin McCabe refused right to appeal in Sheffield United ownership battle

Kevin McCabe refused right to appeal in Sheffield United ownership battle
© Reuters
Agreement has also been reached in principle over the transfer of the freehold of Bramall Lane.

Sheffield United's ownership battle appears to be over after Kevin McCabe was told there were "no good grounds" to appeal against a High Court decision which forces him to sell his stake in the club to Prince Abdullah.

In September last year it was ruled by Mr Justice Fancourt that the McCabe family would have to sell their 50 per cent stake in the Premier League club to the prince, who owns the other 50 per cent, for £5million, in line with a 2013 investment and shareholders agreement.

The Court of Appeal has now blocked any prospect of an appeal against that decision.

Everyone at Sheffield United can now fully focus on what has, to date, been a fantastic first season back in the Premier League.#SUFC 🔴 pic.twitter.com/mS4J3MKlkA

— Sheffield United (@SheffieldUnited) January 21, 2020

A statement on the Blades' website read: "The Court of Appeal considered there to be no good grounds for allowing an appeal by Mr McCabe's Sheffield United Limited.

"The decision brings an end to over two years of contentious litigation over the ownership of Sheffield United.

"The board is delighted that any lingering uncertainty about the club's future ownership is at an end and that everyone at Sheffield United can now fully focus on what has, to date, been a fantastic first season back in the Premier League."

Sheffield United manager Chris Wilder has overseen an excellent first season back in the top flight
Sheffield United manager Chris Wilder has overseen an excellent first season back in the top flight (Tim Goode/PA)

The club are seventh heading into Tuesday night's home match against Manchester City, just six points off the top four.

The statement went on to say that the board has reached an agreement in principle with SUL and the Scarborough Group, also controlled by McCabe, for the transfer to the club of the freehold of the Bramall Lane ground, plus arrangements to acquire other club-related properties.

The statement added: "Prince Abdullah expects the transfer of the properties to be completed within a matter of months and looks forward in particular to the club being unified with its beloved home, Bramall Lane."

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TeamPWDLFAGDPTS
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2Manchester CityMan City27183668293957
3Leicester CityLeicester27155754272750
4Chelsea2713594537844
5Manchester UnitedMan Utd27118841291241
6Tottenham HotspurSpurs2711794436840
7Sheffield UnitedSheff Utd27101072925440
8Wolverhampton WanderersWolves2791263832639
9Arsenal2781363936337
10Burnley27114123339-637
11Everton27106113641-536
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13Crystal Palace2789102432-833
14Newcastle UnitedNewcastle2787122441-1731
15Brighton & Hove AlbionBrighton27610113239-728
16Bournemouth2775152643-1726
17Aston Villa2774163452-1825
18West Ham UnitedWest Ham2766153248-1624
19Watford2759132443-1924
20Norwich CityNorwich2746172451-2718

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