Sheffield United’s former owner United World has issued a warning to current owners Helmy Eltoukhy and Steven Rosen that they will lose control of the team if they fail to pay the £35million they claim they still owe. The warning comes amid a points deduction threat for the Championship club. United World also claims that Rosen, the club’s co-chair with Eltoukhy, was a director at an American firm called Invacare that filed for bankruptcy in May 2023. Under EFL/IFR rules, individuals who have been involved in two insolvencies within a 10-year period cannot serve as directors of an English club or exercise any control over one. The warning comes in a statement issued on Monday, two days before United World’s petition to wind up COH Sports Bidco Ltd (CSBL) - the company Eltoukhy and Rosen set up in 2024 to buy Sheffield United - is heard in a London business court on Wednesday.