Sheffield United release short response to COH Sports winding-up order
COH Sports, the company that bought Sheffield United in 2024, was wound up in the High Court on Wednesday
Sheffield United have responded to the winding up of their former parent company in the High Court.
COH Sports were wound up as a result of a petition by former owners of the club, United World who claimed they were still owed £35million from the transaction in December 2024.
There was no dispute to that claim and a hearing in the petition took place on Wednesday at the specialist Insolvency and Companies Court (ICC) in London, which lasted around 10 seconds.
Earlier this year Sheffield United said in a statement that Delaware-based company 1919 Partners is the club’s parent company and “sits at the centre of the ownership structure”.
Following today’s news from court the EFL released a statement which read: “The EFL notes the High Court’s decision to issue a winding up order on COH Sports Bidco Limited. The League will consider the implications of that development in line with its Regulations, including whether any further action is required.
“In addition, the EFL continues to consider other regulatory matters following changes to the Club’s ownership structure and developments within the wider group. As these issues remain ongoing, the EFL will make no further comment at this stage.”
In a strongly-worded statement issued after Wednesday's hearing, United World claimed the current owners had ignored repeated attempts to resolve the dispute and that “It appears that Helmy Eltoukhy and Steven Rosen are simply not concerned about what this means for the club.
“What happens to Sheffield United now is the result of their choices. United World will continue to pursue the full sums owed through every legal avenue available, including against those personally responsible, and will support the officeholders of COH Sports Bidco with their investigations.”
United themselves have since responded acknowledging today’s news with a spokesperson on behalf of Sheffield United Football Club saying: “Sheffield United Football Club is aware of today’s hearing at the High Court. This is a matter between the current owners and former owner.
“The Football Club is in contact with the EFL and the day-to-day operations at Sheffield United are unaffected.”