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A business linked to Sheffield United’s co-chairmen has been wound up by the High Court.

The legal case against COH Sports was brought by United World, the former owners of the Championship club.

American co-chairmen Steven Rosen and Helmy Eltoukhy head COH Sports, which completed its takeover of the club in December 2024.

United World, which is owned by Prince Abdullah bin Mosa’ad, filed the petition last month, claiming it is owed more than £35 million from the sale.

The issue was dealt with in around 10 seconds at London’s specialist Insolvency and Companies Court (ICC) on Wednesday.

Prince Abdullah bin Mosa’ad filed the petition over claims that his company is owed more than £35 million from the sale of the club.

Angus Groom, appearing for United World, requested the “usual compulsory order”, which Judge Paul Greenwood approved.

A Sheffield United spokesperson said: “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 English Football League and the day-to-day operations at Sheffield United are unaffected.”

Sheffield United could be hit with a 12-point deduction if the English Football League decides that ownership rules have been breached.

The club had previously said in June that Delaware-based 1919 Partners represents its parent company and “sits at the centre of the ownership structure”.

An EFL spokesperson said: “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.”

Sheffield United were playing in the Premier League only two years ago and came close to winning promotion back to the top flight last year, but lost to Sunderland in the Championship play-off final.

Last season proved disappointing for the Blades, who ended up in 13th place after failing to mount a challenge for the play-off positions.

They began this season with a 3-0 win over Mansfield Town in the Carabao Cup before being held to a 0-0 draw by Birmingham City at Bramall Lane on Saturday.

They are scheduled to return to action this weekend with an away match against Swansea City.

Chris Wilder’s team will be aiming to push for promotion this season, but any points deduction would represent a significant blow to the club’s hopes of achieving that objective.