However, it’s fair to say that the club may well have dodged a bullet here, as the American businessman has since been jailed for wire fraud, while the Nigerian’s company Tingo has been accused of shady business practices and faked financial statements. In the past 12 months two investors have tried to acquire Sheffield United, but both failed to get a deal across the line, as neither Henry Mauriss, nor Dozy Mmobuosi ultimately managed to satisfy the EFL during the Owners and Directors’ Test. This also triggered an agreement whereby the club had to purchase the stadium, training facility, gym, hotel and offices. It is understood Mmobuosi's takeover is for a 'debt-free' club.īettis confirmed there were bids on the table for both Iliman Ndiaye and Sander Berge in January but those offers were rejected, which should act as a sign of confidence that they can manage finances regarding the footballing side of the club between now and the summer.Prince Abdullah had become Sheffield United’s sole owner in September 2019 after the High Court ruled that Kevin McCabe had to sell his 50% share to the Prince. However, under the current ownership model, should United remain a Championship side for a third season following relegation in 2021, there will be a need to generate income, via either significant investment or most likely through player trading.ĭozy Mmobousi's financial muscle and his plan for the club are not yet known outside of EFL corridors or what the club would look like under his control and whether he would be able to maintain the squad against current income streams. Should United secure promotion to the Premier League, it goes without saying that financially there will be a big sigh of relief. So far, that has brought in a welcome £2m and there is more to come from TV money and gate receipts from Wembley.Īt this time of year, season tickets for next season also tend to go on sale and with five home games to come in April, there are no fears United will not have enough in the bank to get to the end of the season. What will help the cashflow is the FA Cup run. You can also sign up for our FREE daily newsletter and get all the day's headlines straight to your inbox here. Leave it here and join in our weekly Sheffield United webchat as we discuss the latest goings on at Bramall Lane. Got a question you want to ask our Blades writer Nathan Hemmingham? "And there is no reason for me to believe anyone is not going to get paid between now and the end of the season." "They're completely up to date with their wages and bonuses and everything. "Every single player at our club has been paid," he told Yorkshire Live. However, Bettis said despite money being tight, there are no concerns United will go that way. Wigan were this week docked three points for failing to pay players wages in March and several Championship clubs have reported huge financial losses. The club remains under a transfer embargo and is the subject of a takeover from businessman Dozy Mmobuosi.īettis admitted in an interview with local journalists on Saturday that there is a cashflow problem, with the club looking to 'stretch every pound' and with bills unpaid. The last thing Heckingbottom, who has often eluded to problems behind the scenes, will want now is for off-the-pitch matters to derail that promotion push. They are also in the semi-final of the FA Cup following Tommy Doyle's winner in added-on time against Blackburn Rovers on Sunday. READ MORE: 'It's unfair' - Ian Wright and Roy Keane wade into FA Cup debate on Sheffield United loan duo They are currently second in the table, with a three-point gap to Middlesbrough in third and with a game in hand. Sheffield United are aiming for the Premier League and will return from the international break in a strong position. However, there are a number of unpaid bills with suppliers yet to receive payment for work carried out. The CEO insisted that all players are up to date with wages and bonuses and 'there is no reason to believe' that will change between now and the end of the season.īettis revealed at the weekend there was no threat of administration after a 'ludicrous' report in the Daily Mail claimed they were battling to avoid a 12-point deduction later this week. Stephen Bettis has no concerns over Sheffield United's immediate financial future.
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