Blades plan €6m share offer
Sheffield United plan to raise £4m (€6.3m) to help pay off debts and boost their football academy through a new share offer.
The cash will be raised through an open offer of up to 57,905,401 shares.
The club's parent company has also negotiated a £10m (€16m) banking facility with Bank of Scotland.
Around £1.8m (€2.8m) of the cash raised will be used to repay existing bank debt.
The remaining £1.5m (€2.3m) will be available for the development of the club's football academy.
