Connect with us

African Billionaire in Final Stages of Takeover Bid for English Football Club

The Nigerian billionaire is said to be completing a deal that would see him acquire the PL Football Club for approximately £90 million

Updated

Published By

African Billionaire in Final Stages of Takeover Bid for English Football Club

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.

Here Is The Easy Money-Making Trick Everyone Is Talking About! Learn More Here!

Continue Reading
Advertisement
Join The Conversation

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisement

Latest

Entertainment6 hours ago

Funke Akindele advises her followers to never change

Celebrating  the atmosphere of a new Month, Nollywood actress  queen Funke Akindele shared a stirring message with her followers on...

Entertainment6 hours ago

Ifeoma Ivy, Paul’s Okoye’s Girlfriend Blow Hot on internet users

Ifeoma Ivy, a model and Paul Okoye’s girlfriend, has taken offence at those who have congratulated her on her alleged...

Entertainment6 hours ago

Portable releases official statement after his arrest

Controversial Street Singer, Habeeb Okikiola also known as Portable has released his official statement concerning his arrest. According to the...

Entertainment8 hours ago

‘Timeless’, Davido’s new Album breaks more records

With his new album, Nigerian musician David Adeleke, also known as Davido, has smashed records. To claim the honour of...

Entertainment8 hours ago

Charly Boy reveals how God cured his Prostrate cancer

Legendary Nigerian entertainer Chukwuemeka Oputa, well known by his stage as Charly Boy, has opened up about overcoming prostrate cancer....

Entertainment11 hours ago

BBnaija star, Nengi warns critics from asking her questions about her relationship

Nengi, a BBNaija star, has begged internet users to refrain from asking her about her upcoming engagement to Ozo. It...

Entertainment11 hours ago

Jaruma-“I charge #1m for a face-to-face consultation”

A controversial aphrodisiac seller named Hauwa Mohammed, popularly known as Jaruma, has acknowledged that she charges N1 million for one-on-one...

Advertisement