News

Sheffield United chairman Kevin McCabe spent more than £1.8m shares in the Championship football club on Friday, lifting his holding to nearly 75% of the club.

He bought 18,205,691 shares at 10p each, Sheffield United said today, lifting his holding to around 208m shares, or 74.7% of the firm. On the same day, director Michael Dudley sold his entire holding of nearly 14m shares at the same price.

Sheffield United, which finished ninth in England's second-tier football division, released its interim results in March.

The club blamed a decrease in television revenues for a fall in turnover to £17.1m from £25.9m over the same period a year ago.

"The development of the Blades as a leisure, services and property company with an international portfolio of football brands at its core has progressed, despite the temporary setback of our current Championship league position," McCabe said as the the club released its results.

"The strategy for the business has concentrated on growing non-match income,
which is not directly dependent on success on the field."
Top Director Buys

Sheffield United (SUT)
Director name: Mr Kevin C McCabe
Amount purchased: 18,205,692 @ 10.00p
Value: £1,820,569

China Medical System Holdings (CMSH)
Director name: Mr Xiaoxuan Hou
Amount purchased: 80,000 @ 95.00p
Value: £76,000

Aviva (AV.)
Director name: Mr Philip G Scott
Amount purchased: 9,802 @ 617.30p
Value: £60,508

Galliford Try (GFRD)
Director name: Mr Chris Bucknall
Amount purchased: 100,000 @ 52.50p
Value: £52,500

Oxus Gold (OXS)
Director name: Mr Jonathan Kipps
Amount purchased: 200,000 @ 25.10p
Value: £50,200

BT Group (BT.A)
Director name: Mr Sir Michael Rake
Amount purchased: 21,500 @ 231.90p
Value: £49,858

Findel (FDL)
Director name: Mr Patrick E Jolly
Amount purchased: 16,543 @ 283.00p
Value: £46,817

Informa (INF)
Director name: Dr Pamela Kirby
Amount purchased: 10,000 @ 376.00p
Value: £37,600

Galliford Try (GFRD)
Director name: Ms Amanda Burton
Amount purchased: 50,000 @ 52.50p
Value: £26,250

Oxus Gold (OXS)
Director name: Mr John Donald
Amount purchased: 60,000 @ 29.50p
Value: £17,700
Top Director Sells

Xstrata (XTA)
Director name: Mr Santiago Zaldumide
Amount sold: 147,112 @ 4,342.00p
Value: £6,387,603

Sheffield United (SUT)
Director name: Mr Michael Douglas Dudley
Amount sold: 13,979,501 @ 10.00p
Value: £1,397,950

Genus (GNS)
Director name: Mr Richard Wood
Amount sold: 67,700 @ 860.00p
Value: £582,220

Capital & Regional (CAL)
Director name: Mr Kenneth Ford
Amount sold: 153,520 @ 354.60p
Value: £544,382

Impellam Group (IPEL)
Director name: Mr Richard John Bradford
Amount sold: 27,845 @ 93.50p
Value: £26,035