Deal close! Nigerian billionaire close to acquiring Sheffield United
Wednesday – Tingo Group of Companies CEO, Dozy Mmobuosi, is reportedly close to acquiring English Championship club, Sheffield United for 90 million pounds.
The Nigerian billionaire, whose net worth is allegedly in the final stages of completing the deal. He is said to be waiting to pass EFL’s owners and directors’ test but beyond that, he is good to go.
Dozy Mmobuosi’s net worth is projected to be around $7 billion.
Tingo Mobile’s digital agri-marketplace platform, Nwassa, 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 has since sold for a good profit.
According to the BBC, the owner of Sheffield has been in talks with the Nigerian billionaire after American businessman Henry Mauriss failed in a bid to take over the Yorkshire club.
The team is currently under a transfer embargo as a result of defaulting on transfer payments owned by another club.