Sheffield United could incur a 12-point deduction after the High Court placed COH Sports Bidco Limited (CSBL) into liquidation on Wednesday. CSBL, the company used to buy the Championship club, had agreed to purchase it for just over £100m in December 2024, but around £35m of the deal remained outstanding.
A winding-up petition was filed last month against CSBL by United World, the club's former owners. CSBL, headed by United co-chairmen Steven Rosen and Helmy Eltoukhy, had no representation at the High Court hearing.
The English Football League (EFL) stated it would consider the implications of CSBL's liquidation, including whether any further action is required. The EFL also continues to consider other regulatory matters following changes to the club's ownership structure.
Shares in the club were transferred from CSBL into a new US-based company, 1919 Partners LLC, in June, making it the parent company of Sheffield United. The court case was against CSBL, but a link to the club remains through the new company, which is controlled by Rosen and Eltoukhy.
The EFL board could choose to impose a 12-point deduction for an insolvency event, considering factors such as protecting the integrity of the competition and the league's reputation.