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African billionaire 'closes in on £90m takeover of Sheffield United' with the promotion-chasing Blades under an EFL transfer embargo after struggling to keep up payments to Liverpool for Rhian Brewster

Related Topics: Rhian Brewster, Sheffield United

Sheffield United 'is close to being bought out by an African billionaire' in a deal worth £90million.

The Blades are pushing for promotion back to the Premier League this season but were hit by a transfer embargo last month amid financial difficulties.

But their problems are reportedly about to be eased by the takeover - though the identity of the prospective new owner remains a secret.

The Times report that the buyer is the subject of the EFL's owners' and directors' test at present but no problems have been flagged so far.