This morning, the High Court of Justice, Business and Property Courts of England and Wales, issued its judgment requiring Sheffield United Limited (SUL), a company controlled by Mr Kevin McCabe, to sell its shares in Blades Leisure Limited (Blades), the parent of Sheffield United Football Club Ltd, to UTB, LLC, a company owned by H.R.H. Prince Abdullah bin Mosa'ad bin Abdulaziz Al Sa'ud.
The judgment also dismissed all of the claims which SUL had made against Prince Abdullah, UTB and SUFC and Blades board member Mr Yusuf Giansiracusa.
After over 20 months of contentious litigation, the Club is delighted that this judgment brings an end to the uncertainty over Sheffield United's future ownership and allows us to focus our full attention on the season ahead.
The full text of the judgment mat be found at www.judiciary.uk/judgments/utb-llc-v-sheffield-united-others