Prince Abdullah is looking to acquire a 100 per cent stake in Sheffield United.
Sheffield United fans have delivered a mixed responds to news of a potential buy-out by 50 per cent stake holder, Prince Abdullah bin Mosaad bin Abdulaziz Al Saud.
According to a club statement, Prince Abdullah, of the Saudi royal family, has served a notice to exercise his option - which was agreed in August 2013 - to purchase the remaining 50 per cent of Blades Leisure Limited group from Sheffield United Limited, and negotiations between the Prince and Kevin McCabe are said to be ongoing.
Eighth-placed United have exceeded expectation in their first season back in League One, and some Blades fans believe a deal could see Prince Abdullah release extra funds with which to take their club into the Premier League - should they fail to do so this season.
On the other hand, however, there are others who feel the loss of McCabe, a local businessman who first acquired a 10 per cent stake in Sheffield United 23 years ago, could have a destabilising effect.
Here's what they are saying on Twitter...
I'm sure Kevin knows what he's doing. He's a Blade through and through. So he ain't going to let us go up the creek without a paddle. Thank you for all those years and saving our club in its darkest hour Mr mcabe.— Bionic Blade (@ebozmurphy) 8 February 2018
Not sure how I feel about this as much as we've all, at points, slated McCabe..I don't think I'm happy about this— Rossano (@deadfplfox) 8 February 2018
I only see it as Prince now wants to take on the big gamble of a proper push for premiership. I'd do same, try buy out any cautious baggage now while it's cheaper than it's ever going to be, in case we amazingly pull it off at this attempt.— BladeAL (@BladeAL33) 8 February 2018
Feel uneasy about this, apart from the fans,McCabe has been the only other constant reassurance around the club for years, whether he's not gambled enough that's another argument, but I'd take the position we're in all day long, if it meant we didnt end up like Portsmouth et al.— John Lambert (@JohnLambert72) 8 February 2018
Very worried.— John Curtis (@Johncurtis1889) 8 February 2018
The prince is a numbers man and probably bringing in some investors!! He must have some money if he’s buying the other 50%— Richard Morton ⚔ (@RichardMorton18) 8 February 2018
fair enough McCabe for selling up at 70 yrs old, hope he’s selling to the right person in that Prince tho. Not convinced with what you read about him— Barney (@fullback_barney) 8 February 2018
Struggling to see this being anything other than a disaster.— Steve Smith (@SteveSmith1978) 8 February 2018
Hope this doesn't happen tbh— Chris ⚪️UTB⚔️ (@ChrisN_UTB) 8 February 2018
Because it's change and so far the Prince hasn't been that forthcoming, it maybe this is the step to US getting the game changing investment he has promised us.— Dominic Sanderson (@DomsPropertySer) 8 February 2018
I read this as "we promised the investment when we're in the Championship, we have sustained that status now with minimum layout, let's kick on"— Matt Brownhill (@matt_brownhill) 8 February 2018
What do you make of Sheffield United's statement?