{{primary_category}}
{{/primary_category}} 
Sheffield United takeover value revealed as £170m talks held
Prince Abdullah’s £170milllion asking price to sell Sheffield United is far higher than the club’s actual value, Football Insider has been told.
The Blades achieved promotion to the Premier League last season after securing a second-place finish in the Championship.
However, they have experienced a turbulent summer with a lack of spending in the transfer window and background noise about a possible takeover.
As reported by Bloomberg, Sheffield United’s hierarchy have told potential buyers that they want bids worth £170million in order to sell the club.
It was reported earlier this year that a £115million deal had been agreed with Nigerian businessman Dozy Mmobuosi, but that deal looks to have fallen through after questions were left unanswered in the EFL’s “fit and proper person’s test”.
Viva Mukherjee, a chartered accountant and football finance analyst, told Football Insider that the £170million asking price is more than the club’s calculated value.
Get Exclusive transfers news at Football Insider's YouTube TV channel
“The Markham model – a well-respected model in the football industry – calculated Sheffield United’s value at just £34.6million for the 2022 season, but that was when they were in the Championship,” he said.
“That valuation has obviously risen since they were promoted to the Premier League.
“If we take a look at Southampton’s takeover in January 2022, the club was valued at £125million while they were an established Premier League club.
“Taking inflation into account, that valuation now lies at £153.2million.”
“Sheffield United are about to experience their first year back in the top flight and do not have the same potential Southampton had to generate revenues.
“So I’d expect Sheffield United’s valuation to be 25 to 40 per cent lower than Southampton’s takeover price.
“That puts their takeover value at £114million – nowhere close to the £170million asking price.
“Obviously this will change and rise if they are able to enjoy a sustained period of time in the top flight.”
In other news, Kieran Maguire drops ‘worrying’ Sheffield United verdict after £8m news