[Mighty T.A.L.]

Blades Hungary for investment

Sheffield United's bid to invest in Hungarian giants Ferencvaros has moved a step closer.

Blades chairman Terry Robinson and academy manager Ron Reid travelled to Hungary at the weekend for talks.

Earlier this month The Blades confirmed their interest in taking a controlling stake in Ferencvaros - who have major financial worries.

PLC chairman Kevin McCabe has already held talks and now Robinson has continued the negotiations with his trip.

''We have been examining how the club works from the youngest levels up to the senior team," Robinson explained.

"We had a look at the system of the club and their youth development and checked how many players moved abroad from here lately but we also had talks about financial things.

"The club officials informed us properly about the club's present situation."

Robson admitted that United had not yet finalised their offer.

''If we are going to hand in an application for the tender then we'll help Ferencvaros from that moment," he said.

"Maybe with players too, but it's evident that the club needs an immediate financial injection.

"It's not a problem because we have the money to invest into Ferencvaros and we think seriously the co-operation would mean mutual profit for both side."

Sheffield United already own a club in China, Chengdu Blades, and Robinson sees similarities to how the situation could develop in Hungary.

"We experienced this at Chinese team Chengdu. We have been working with the team for two years and in the second year they have had very positive changes," he added.

"Sheffield could also profit from this as there are lots of talented footballers in Ferencvaros.

"We wouldn't take them abroad immediately but we'd like to wait until they become a full player and then they could sign with us in England.

"If the deal was done then the youth-growing conditions of Ferencvaros should become better."

Skysports