A takeover of English Championship club Sheffield United by Nigerian billionaire Dozy Mmobuosi is at an advanced stage.
The Championship promotion contenders’ owner Prince Abdullah has been in talks with Mmobuosi, the founder and Group Chief Executive Officer of Tingo Inc, the parent company of Tingo Mobile.
Talks with the Nigerian, who is worth $7.6bn (£6.2bn) take place eight months after American businessman Henry Mauriss failed in a bid to take over the Yorkshire club.
The process of buying the Bramall Lane club is at “an advanced stage”, according to sources close to Mmobuosi, who is also the founder of Africa’s leading Agri-Fintech company and digital platform, Nwassa.
Nwassa, Tingo Mobile’s digital agri-marketplace platform provides farmers with weather forecasts, information on markets, and an ability to make payments via Tingo Pay.
Should the 43-year-old African tech entrepreneur pass the English Football League’s owners’ and directors’ test, it will pave the way to buy the Blades for $108m (£90m), a move that would help lift the recent transfer embargo by settling the club’s debts.
An advocate for technological advancement in Africa and beyond, Mmobuosi describes himself as an author and technology entrepreneur on his Twitter feed.
Keen to own a club in the United Kingdom, he has strongly funded scouting schemes, training programmes and talent management for Nigeria’s top tier side Nasarawa United.
Using his ‘Dozy Mmobuosi Foundation’, he bankrolled an inaugural ‘Super Cup Tournament’ for clubs in the Nigeria Professional Football League (NPFL), which saw Shooting Stars of Ibadan emerge winners in December 2022.
Credit: BBC Football
