Sheffield United are a step closer to being taken over after the BBC confirmed this evening that Henry Mauriss has had a £115m accepted for the club.
Prince Abdullah has long been seeking investment or a buyer for the Blades and appears to have got his wish. Mauriss, who came close to buying Newcastle in December, is said to have the money to pass EFL checks and invest in and sustain the club going forward.
There is little known about the true wealth of Mauriss. However, he was willing to put up £350m to buy Newcastle and is said to have made his money in the credit and finance sector.
Tonight’s update comes on the back of reports suggesting Mike Ashley was one of the parties interested in United. Whether or not that’s true or not will not be known but if it was, it does seem to have prompted Mauriss into action.
The Blades currently sit sixth in the Championship. Should they be promoted, Mauriss would be guaranteed an instant return on his investment in the club.
Our View: Exciting Times For Sheffield United Fans
Prince Abdullah’s reign will split opinion but there can be no denying he has fallen a tad lucky. He got involved with the club for next to nothing then won full control from Kevin McCabe as United became a Premier League team.
It’s well known he doesn’t have the capital and money to take the Blades further, so new owners will be welcomed, albeit there is the risk of the unknown to come.
For the Prince, he’ll walk away with a cool £100m plus and a significant return on his personal investment. For United fans, excitement will grow ahead of what could be a busy transfer window now.