A “nouveau riche” in the Premier

“American magic has always prevailed, and it will again”assured two years ago the idolized businessman Warren Buffetwhose reflection could fairly rigorously define the current situation of the football industry in England. A country and a sport that many North American investors have bet on, and the latest case is that of Sheffield United.

As you have advanced The Athleticthe North of England club has received a purchase offer worth 115 million pounds, 138 million euros at the current exchange rate. Behind the proposal is an “old acquaintance” of the Premier, Henry Mauriss, who tried to buy Newcastle for over €400m in 2020 but failed in the attempt.

Now Mauriss’ offer will have to pass the English Football League’s director-owner test (EFL), where you will have to prove your funding sources and the sustainability of your project. If he manages to pass the process, the American businessman will take over the Bramall Lane teamwho plays in the Championship and still has options for promotion to the Premier League,

Since 2013, Abdullah bin Mosaad bin Abdul Aziz Al SaudPrince of Saudi Arabiais the owner of Sheffield United. However, it was not until 2019 when he came to control 100% of the company’s capital, after winning the businessman in court. Kevin McCabewhich until then held the remaining 50% of the shares.