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16th May 2019

Sheffield United were once funded by a loan from Osama Bin Laden’s family, court hears

A court has heard that Sheffield United once received a £3 million loan believed to come from a member of Osama Bin Laden's family

Reuben Pinder

This week on: Headlines I never thought I would write

Sheffield United Football Club once received a £3million loan from the family of former Al-Qaeda leader Osama Bin Laden, a court has heard.

The newly promoted club’s co-owners, Kevin McCabe and Prince Abdullah Bin Mosaad Bin Abdulaziz Al Saud, who is a member of the Saudi royal family, are currently in a High Court battle over control of the club.

On the case’s fourth day, a revelation was read out which linked the Blades to Osama Bin Laden. The links stem from ‘Project Delta’, an investment opportunity in the form of a £3 million loan that McCabe said would never have to be repaid.

Abdullah argued the contrary in court on Wednesday, saying the money would have to be repaid through sponsorship.

McCabe also argued that he didn’t know where the money had come from, but Abudllah’s barrister, Andreas Gledhill QC then argued that McCabe did know the source of the money, “namely a member of the Bin Laden family,” as reported by Dan Hayes of the Sheffield Star.

McCabe and Abdullah began working together in 2013 but fell out in 2017. Their relationship is understood to have broken down when it transpired that the Saudi prince was not “minted”, as McCabe had previously assumed.