Are Blades borrowing for transfers?

Sheffield United have taken out two loans secured on club assets from Shawbrook Bank which provides loans to those unable to borrow from commercial banks. There will be an extra 7.5 per cent penalty interest charge if they fail to meet repayments.

After an excellent start to the season Blades have faltered recently. They are currently sixth in the table, but sixth from bottom in the form table. Manager Chris Wilder has said that the side needs strengthening and plans to be active in the January transfer window. Could the loans be for this purpose?

The formal documentation is available online, although it says nothing about the amounts involved: Filing history

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