Sheffield United broke their transfer record for a fourth time this summer with the signing of Oli McBurnie from Swansea for £17m and the prince insists the club have to be “cautious and prepared for the future.”
“The transfer budget for this year was £30m. I fought hard with my ex-partner, and you can ask Chris Wilder, and we raised it to £40m.
“That is much more than many Premier League clubs have spent. In January we have to look at our position in the table and talk to Chris. We will do anything that is needed.
“We always have to be to be reasonable and responsible.
“It is not about spending, it is about spending wisely. God forbid we get relegated, we don’t want to buy the type of player that will leave the club if we get relegated because Sheffield United is a Premier League club.”
- McCabe has ‘energy’ to appeal ownership ruling
Investment company ALK Capital were understood to have been lined up to buy a majority stake in Sheffield United had McCabe won the High Court case, but Prince Abdullah says he has no desire to sell the club.
5:15 Kevin McCabe insists he has the energy to appeal the High Court ruling that he must sell his share of Sheffield United to co-owner, Prince Abdullah
“In business you never say never. But I can tell you I have no intention of selling the club.”
Prince Abdullah revealed he will also appoint his son-in-law as chairman of the club amid criticism from Blades supporters for only watching the club at the stadium on four occasions during his involvement over the past six years.
“I don’t like to watch games really. I like to watch games on TV with mute, alone. If we lose nobody talks to me. I get to forget about it,” he said.
“I intend to appoint my son in law as a chairman of the club. He and my daughter will move to Sheffield. They will live in Sheffield and be at all the games.”
Prince Abdullah talks fans, McCabe and Bramall Lane
On winning over fans: “It is a club with a great history. It is a club that belongs to the fans. It’s a huge responsibility. Talk is cheap but I think fans, when they look back four or five years from now, they will be happy.”
On Kevin McCabe: “I will always treat Kevin McCabe with respect. I gave Kevin many offers (for a compromise) – lawyers are expensive. We couldn’t agree.”