Dozy Mmobuosi, a Nigerian software entrepreneur, is close to buying Sheffield United, an English club, for about 90 million pounds despite the club’s transfer restriction.
According to reports, Mmobuosi is purportedly nearing deal completion. He reportedly needs to pass the owners and directors test of the EFL, but except that, he is qualified.
Nigerian businessman Dozy Mmobuosi is estimated to be worth $7 billion.
His nett worth is primarily derived from his ownership of Tingo Mobile PLC and Tingo International Holdings.
He also oversees the Dozy Mmobuosi Foundation, whose goal is to advance African development and foster a climate in which Africans may prosper.
Weather forecasts, market information, and digital payment alternatives via Tingo Pay are all provided to farmers in Nigeria and beyond by Tingo Mobile’s digital agri-marketplace platform, Nwassa.
The first SMS banking system in Nigeria, “Flashmecash,” was his first technological endeavour. Later, he sold it for a healthy profit.
Aside being a tech entrepreneur, Mmobuosi is also a football investor. He has “funded scouting schemes, training programmes and talent management for Porsche United and Nassarawa United, two formidable grassroots clubs in Nigeria,” according to GQ.co.za.
In addition, he is expected to pay an estimated $108 million to acquire ownership of Sheffield United, a British football team. According to The Times, he is close to purchasing the Bramall Lane club, if certain requirements are met.
According to the BBC, the owner of the Championship team is in negotiations with the Nigerian billionaire after American investor Henry Mauriss’ attempt to acquire the Yorkshire club was unsuccessful.
According to the BBC, if he passes the owners’ and directors’ test of the English Football League, he will take ownership of the team and assist in lifting the current transfer embargo by paying off the team’s debts.
As a result of missing payments on transfers owned by another club, the team is currently subject to a transfer embargo.
