Saudi Arabian Prince Abdullah bin Mosaad Al Saud bought 50% of Sheffield United in 2013, before acquiring the rest of the club in 2019.
His time in charge was not without controversy, and he only secured the second 50% of the club following a long High Court battle.
When United World – the company through which Prince Abdullah owned the club – sold to CSBL, the story did not end.
The Blades were deducted two points during the 2024-25 season because of missed transfer payments under Prince Abdullah during 2022-23.
CSBL made an initial payment upon close of sale, but the first instalment – due last year – was late and paid only after a statutory demand, and sent on the deadline.
This High Court date came down to another £35m payment – a debt the new owners have not denied is outstanding.
Here is where matters become complicated for the EFL and its regulations.
In June, the shares in the club were transferred from CSBL into a new US-based company – 1919 Partners LLC – which became the “parent company of Sheffield United”, external.
In effect, CSBL no longer had any say in the running of the South Yorkshire club.
Wednesday’s court case was against CSBL, but there remains a clear link to the Blades through the new company.
CSBL was led by Rosen and Eltoukhy, who control Sheffield United through 1919 Partners LLC.
BBC Sport understands neither the EFL nor the Independent Football Regulator (IFR) had been made aware the share transfer was to take place and neither has commented on it.
When approached by the BBC earlier this week, the IFR confirmed it was in contact with the club to ascertain more information.
