Sheffield United: Premier plan from McCabe

Sheffield United: Blades news, reports and more.
Sheffield United: Blades news, reports and more.

SHEFFIELD United are to undergo a company restructure aimed at securing investment and ultimately securing Premier League status “at the earliest opportunity”, the Sheffield Telegraph can reveal.

The letter, a copy of which has been obtained by this newspaper, is sent from United’s plc headquarters at Level 20 of the Bastion Tower in Brussels, Belgium, and tells shareholders that, although no formal negotiations regarding investment are currently taking place, the restructure will make United more appealing to would-be investors.

“Accordingly,” McCabe said, “we will be taking the necessary steps over the course of the next few weeks, to separate the real estate assets from the football club assets within the Sheffield United group.”