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Nigerian billionaire Dozy Mmobuosi is reportedly close to concluding a deal to purchase Sheffield United for approximately £90million.
Current owner HRH Prince Abdullah bin Musa’ad bin Abdulaziz Al Saud has been struggling to oversee the club’s finances and previously had an offer for over £100m accepted from American businessman Henry Mauriss.
But it was unsuccessful due to a complex financial structure.
With this takeover close, Mmobuosi is expected to bring new hope as he has a net worth of around £7bn and founded his own foundation focused on improving education and healthcare in Nigeria.
Also, the Blades are currently enduring a transfer embargo after defaulting on payment owed another club due to not abiding with the EFL rule 52.2.3: payments must be given before registering any new players.
Nonetheless, their performances of late have been strong as they sit 12 points clear of third-place Middlesbrough in the table with 18 matches remaining; needing just one major hiccup not to get promoted this season.
This article was updated 7 months ago
