A Nigerian technology billionaire Dozy Mmobuosi is close to buying English Football League club Sheffield United at a £90 million takeover.
According to The Times, the 43-year-old who co-founded Tingo Mobile, an Agri-Fintech company that aims at helping African farmers, will be subject to the EFL’s Owners’ and Directors’ Test.
Sheffield United have faced a great financial crisis but Mmobuosi who is valued at $7.6 billion can complete the acquisition of the club after making a larger deposit of the money.
Source: Vanguard