HomeSportsNigerian Billionaire Ready To Buy English Club Sheffield United

Nigerian Billionaire Ready To Buy English Club Sheffield United

Nigerian tech entrepreneur, Dozy Mmobuosi has declared interest in buying English Club, Sheffield United for a whooping sum of 90 million pounds.

This development comes amid a transfer embargo by the club as Mmobuosi, the owner of Tingo Mobile PLC and Tingo International Holdings, which accounts largely for his net worth is allegedly on the verge of closing the deal.

Reliable sources have revealed that the entrepreneur, with a projected net worth of $7 billion is only waiting to pass EFL’s owners and directors’ test before he makes the move a reality.

Mmobuosi, an adviser to corporate clients, also runs Dozy Mmobuosi Foundation with a mission to promote the progress of Africa and create an environment where Africans can thrive.

On the functionality of Tingo Mobile’s digital agri-marketplace platform, Nwassa; it provides farmers in Nigeria and beyond with weather forecasts, in addition to information on markets and digital payment options via Tingo Pay. His first tech venture was ‘Flashmecash,’ Nigeria’s first SMS banking solution which he later sold to FMCB, who still use it today.

According to, Mmobuosi is also a football investor has practicalised his zeal for investment in this sector, having funded scouting schemes, training programmes and talent management for two formidable grassroots clubs in Nigeria, Porsche United and Nassarawa United.

Interestingly, top on the list of his investment plan is to acquire British football side, Sheffield United for a reported fee of around $108 million. Currently, he is in the final stages of buying the Bramall Lane club, subject to meeting key conditions, The Times reports.

BBC also revealed that the owner of the Championship club, is in talks with the Nigerian billionaire after American businessman Henry Mauriss failed in a bid to take over the Yorkshire club.

He will assume ownership of the club and help lift the recent transfer embargo by settling the club’s debts, if he passes the English Football League’s owners’ and directors’ test, BBC reports.

The team which is under a transfer embargo as a result of defaulting on transfer payments owned by another club, are back in the Premier League for the first time since 2006/2007.



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