Sheffield United dismiss McCabe sale

SHEFFIELD UNITED have today dismissed reports suggesting chairman Kevin McCabe is to sell the club.

Reports on Friday morning suggested McCabe had hired a firm to help facilitate a sale of the Bramall Lane club.

But the Championship club have said an independent coroprate finance and equity markets advisory firm had been hired, but only to help find partner investors.

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Club chief executive Trevor Birch said: "The suggestion is without foundation and inaccurate.

"As has been previously indicated by Kevin and myself, it is no secret that the club is seeking to further enhance its financial standing by bringing additional investment to the club.

"Such plans were outlined at recent fans' forums held in Sheffield when we made it clear that the brief for the advisory firm was to find investment support to enhance the club's far-reaching plans to further develop our business on and off the pitch.

"As part of the process, which is continuing, the club has appointed an independent corporate finance and equity markets advisory firm - AKUR - to help find such partner investors which would bring long-term sustainable benefits for Sheffield United."

For more on this story read Saturday's Yorkshire Post.