Nigerian billionaire, Dozy Mmobuosi is set to the English Championship club, Sheffield United.
According to The Times, Mmobuosi is in the final stages of buying Sheffield United as all paperwork has been put in order and the billionaire only needs to pass the EFL’s owners’ and directors’ test for the deal to be completed.
Mmobuosi, the billionaire founder of Tingo Mobile PLC, is believed to be willing to pay £90 million (NGN50 billion) to become the owner of the Bramall Lane club.
The current owner, Abdullah bin Musaid Al Saud had put Sheffield United up for sale for a while and was close to selling the Blades to American businessman Henry Mauriss last year before the deal collapsed.
Said to be worth more than £7 billion (NGN4 trillion), Mmobuosi would look to turn the financial fortunes of the club around with things going almost perfectly on the pitch.
Despite not spending big in the last two transfer windows due to an embargo, Sheffield United are flying high in the English Championship.
Managed astutely by English coach Paul Heckingbottom, Sheffield United are sitting in second position on the league table.