Chris Wilder is a “great coach” and will be backed to lead Sheffield United to “better and bigger things”, says soon-to-be sole owner Prince Abdullah.
Lifelong Blades fan Wilder has led the club to two promotions in three seasons, including a return to the Premier League for the first time since 2007.
The Saudi prince, who won an 18-month-long legal battle with fellow co-owner Kevin McCabe over the club's ownership on Monday, says Sheffield United are "blessed" to have the Englishman in charge at Bramall Lane.
"I have a very good relationship with Chris," Prince Abdullah told Sky Sports News. "I know a good coach when I see one. Chris is a great coach. He is going to get better and he is getting better.
"For us I feel it is lucky that we found a coach like Chris. But in my philosophy and when you analyse why clubs are successful… big clubs are the clubs that have no personality above the club.
"There is no owner, coach or player above the club. We all work for the club.
"We are blessed to have Chris. We are going to support him and hopefully he can lead us to better and bigger things."
Prince Abdullah says he will assess the club's transfer budget for January with Wilder as the club aim to preserve their status in the Premier League.
Sheffield United broke their transfer record for a fourth time this summer with the signing of Oli McBurnie from Swansea for £17m and the prince insists the club have to be "cautious and prepared for the future."
"The transfer budget for this year was £30m. I fought hard with my ex-partner, and you can ask Chris Wilder, and we raised it to £40m.
"That is much more than many Premier League clubs have spent. In January we have to look at our position in the table and talk to Chris. We will do anything that is needed.
"We always have to be to be reasonable and responsible.
"It is not about spending, it is about spending wisely. God forbid we get relegated, we don't want to buy the type of player that will leave the club if we get relegated because Sheffield United is a Premier League club."
Investment company ALK Capital were understood to have been lined up to buy a majority stake in Sheffield United had McCabe won the High Court case, but Prince Abdullah says he has no desire to sell the club.
"In business you never say never. But I can tell you I have no intention of selling the club."
Prince Abdullah revealed he will also appoint his son-in-law as chairman of the club amid criticism from Blades supporters for only watching the club at the stadium on four occasions during his involvement over the past six years.
"I don't like to watch games really. I like to watch games on TV with mute, alone. If we lose nobody talks to me. I get to forget about it," he said.
"I intend to appoint my son in law as a chairman of the club. He and my daughter will move to Sheffield. They will love it in Sheffield and be at all the games."