> An American consortium led by a private equity executive is in takeover talks with Sheffield United, one of the biggest English football teams outside the Premier League.
>
> **Steven H. Rosen, who co-founded Cleveland-based Resilience Capital Partners, has been leading the negotiations on behalf of a group of investors, according to a person familiar with the situation.**
>
> **A spokesperson for Rosen declined to comment, as did a representative for Sheffield United. Lazard, acting for Sheffield United, was unavailable for comment.**
>
> **The price of any potential deal or who is joining Rosen’s bid, is currently unclear. Rosen is also a co-founder of Zanite Acquisition Corp., a SPAC that invested in the electric vehicle takeoff and landing unit of Brazilian planemaker Embraer SA.**
>
> Sheffield United, owned by the former Saudi sports minister Prince Abdullah bin Mosaad bin Abdul Aziz Al Saud, has been for sale since at least May 2023, according to an investor presentation seen by Bloomberg. The incoming consortium plans to invest capital in the player trading market in January to boost the team’s chances of winning promotion to the lucrative Premier League, the person said.
>
> The club was relegated from the Premier League to England’s second tier, the EFL Championship, at the end of last season, causing its value to decline. To guarantee being promoted back, Sheffield United needs to finish in the top two spots. It currently is in second with 80% of the season remaining.
>
> If Rosen’s group is successful, it would add to the ranks of Americans who own British football clubs. More than a third of the 92 professional teams in England’s top four leagues now have some form of US ownership, ranging from Premier League stalwarts Liverpool FC and Arsenal to Wrexham, the Welsh team that plays in the third tier and is owned by Hollywood stars Ryan Reynolds and Rob McElhenney.
RichIll8697 on
No fuck off America needs to stop affecting football fuck off America nobody wants you here
atheblade on
This has been going in seemingly never ending circles since May
Shakahron on
Here we go again 🙄
Cov_massif on
Is this blades groundhog day??? We have done this before haven’t we??
TSMKFail on
Sometimes I wish English football was more like German football. The Glazers have doomed United into infinite mediocrity, and other US owners have either made idiotic financial decisions or completley neglected their club because they don’t care at all about Football or the fans.
Clarctos67 on
Radio Sheffield are getting fed lines by someone in the club, and either falling for it every time or parroting it in order to stay on their good side.
Putting all rivalries aside here, I think it does a massive disservice to United fans as all summer a RS journalist would be saying the takeover was “imminent” or “with the EFL” when it obviously wasn’t. There was no questioning of what was fed to them, and so the tyre kicking went on and on until it was clear there was no money there.
I don’t know if this is the same, but I have to say that whilst we are pretty lucky with the pool of local journalists, the reluctance to push the club when they are clearly playing fast and loose with the truth is doing no favours to the fans whatsoever.
preskeysolido on
What happened to the Silicon Valley based consortium run by Tom Page?
dejafu-Wales on
Yeah a US investor group worked out so well for us…….
Its been downhill ever since they took over and they purposely dilute the Supporters Trust shares every year to increase their power.
I wish you well but I wouldn’t hold out much hope!
BrowniieBear on
I’d say we’ve been one of the more vague success from American ownership. I’d still find it wary and I don’t believe our board know all that much about football which was evident in the documentary where Pace had a hard on for Kompany and it has shot us in the foot a little bit.
thirdratesquash on
Has this been going for a while or do Sheffield united have a new owner every other year?
11 Comments
> An American consortium led by a private equity executive is in takeover talks with Sheffield United, one of the biggest English football teams outside the Premier League.
>
> **Steven H. Rosen, who co-founded Cleveland-based Resilience Capital Partners, has been leading the negotiations on behalf of a group of investors, according to a person familiar with the situation.**
>
> **A spokesperson for Rosen declined to comment, as did a representative for Sheffield United. Lazard, acting for Sheffield United, was unavailable for comment.**
>
> **The price of any potential deal or who is joining Rosen’s bid, is currently unclear. Rosen is also a co-founder of Zanite Acquisition Corp., a SPAC that invested in the electric vehicle takeoff and landing unit of Brazilian planemaker Embraer SA.**
>
> Sheffield United, owned by the former Saudi sports minister Prince Abdullah bin Mosaad bin Abdul Aziz Al Saud, has been for sale since at least May 2023, according to an investor presentation seen by Bloomberg. The incoming consortium plans to invest capital in the player trading market in January to boost the team’s chances of winning promotion to the lucrative Premier League, the person said.
>
> The club was relegated from the Premier League to England’s second tier, the EFL Championship, at the end of last season, causing its value to decline. To guarantee being promoted back, Sheffield United needs to finish in the top two spots. It currently is in second with 80% of the season remaining.
>
> If Rosen’s group is successful, it would add to the ranks of Americans who own British football clubs. More than a third of the 92 professional teams in England’s top four leagues now have some form of US ownership, ranging from Premier League stalwarts Liverpool FC and Arsenal to Wrexham, the Welsh team that plays in the third tier and is owned by Hollywood stars Ryan Reynolds and Rob McElhenney.
No fuck off America needs to stop affecting football fuck off America nobody wants you here
This has been going in seemingly never ending circles since May
Here we go again 🙄
Is this blades groundhog day??? We have done this before haven’t we??
Sometimes I wish English football was more like German football. The Glazers have doomed United into infinite mediocrity, and other US owners have either made idiotic financial decisions or completley neglected their club because they don’t care at all about Football or the fans.
Radio Sheffield are getting fed lines by someone in the club, and either falling for it every time or parroting it in order to stay on their good side.
Putting all rivalries aside here, I think it does a massive disservice to United fans as all summer a RS journalist would be saying the takeover was “imminent” or “with the EFL” when it obviously wasn’t. There was no questioning of what was fed to them, and so the tyre kicking went on and on until it was clear there was no money there.
I don’t know if this is the same, but I have to say that whilst we are pretty lucky with the pool of local journalists, the reluctance to push the club when they are clearly playing fast and loose with the truth is doing no favours to the fans whatsoever.
What happened to the Silicon Valley based consortium run by Tom Page?
Yeah a US investor group worked out so well for us…….
Its been downhill ever since they took over and they purposely dilute the Supporters Trust shares every year to increase their power.
I wish you well but I wouldn’t hold out much hope!
I’d say we’ve been one of the more vague success from American ownership. I’d still find it wary and I don’t believe our board know all that much about football which was evident in the documentary where Pace had a hard on for Kompany and it has shot us in the foot a little bit.
Has this been going for a while or do Sheffield united have a new owner every other year?