The Blades owner has been speaking from United World HQ in Geneva.
Prince Abdullah says he ‘put all the money he could’ into the club last season during the most ‘difficult months in his life’.
The Blades owner has been speaking from United World’s HQ in Geneva following last week’s important talks with the club’s board and manager Paul Heckingbottom over the plan for the 2023/24 campaign.
The year started with Dozy Mmobuosi looking to complete a takeover but a lack of progress on that front has seen Prince Abdullah engage with other interested parties.
A consortium from the US is understood to have looked at Sheffield United recently but there does not appear to be anything imminent.
With the club suffering well-publicised financial difficulties last season, Prince Abdullah admits it was a tough year for him personally, which was made even tougher due to a lack of progression on the takeover front.
Speaking to fans via the club, he said: “For me, the most difficult months in my life were from November until the end of the season.
“I put all the money I could put and borrowed all the money I could borrow and for me, I had two choices in November. Sell the club or sell players in January.
“We went into a negotiation and I was very optimistic. We were favourites for promotion at the time but I did not want to jeopardise the team’s chances of promotion and be forced to sell players.
“Then when the sale stalled and we did not get all the money we expected to get, some of the money was late we had a big decision to make. Do we sell players in January?
“Especially the players we had offers for I think we would have had a tough chance of getting promoted. I decided not to sell and went through very tough times after that but I am glad I made that decision.