Chengdu underwent another name change in January 2006, when they were bought out by the then Chairman of English football team Sheffield United's Kevin McCabe, who renamed the club Chengdu Blades to reflect the new owner's nickname The Blades as well as changing the kits and badge, while the reserve team were sent to Hong Kong and named "Sheffield United (Hong Kong)" to advertise its association with the owning company.
In January 2006, Chengdu changed their name under Kevin McCabe's ownership of Sheffield United. They renamed the club to Chengdu Blades to reflect the new owner's nickname The Blades and altered the kits and badge. The reserve team was relocated to Hong Kong and named "Sheffield United (Hong Kong)" for marketing purposes.