Dozy Mmobuosi: Nigerian Billionaire Worth £7bn Wants To Buy Sheffield United

• Championship club Sheffield United is now on the verge of been sold to Nigerian billionaire Dozy Mmobuosi
• Mmobuosi is a guru in technology where he made his money and has decided to puchase a club in the UK
• United are currently occupying second position on the EFL Championship table with 57 points after 28 games

Nigerian billionaire Dozy Mmobuosi is reportedly on the verge of buying English club Sheffield United who are targeting a return to the Premier League next season.

There is currently an embargo on United which made it impossible for them to buy some players in the January transfer, but the club's board is working on getting out of their problems.

HRH Prince Abdullah bin Musa'ad who is the current owner of the club is said to be facing serious financial challenges for him to keep maintaining the Championship side which is the major reason he wants to sell it out.

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According to the report on Mirror, Mmobuosi is in the final stage of him acquiring the ownership of the club and an announcement could be made soon.

The Nigerian is said to be worth around £7bn and could bring in a renewed sense of hope on the finance front to the Blades.

Who is Dozy Mmobuosi?

Mmobuosi is a tech entrepreneur whose firm Tingo founded in 2001 has been valued at around £7billion.

He advocates technological advancement and social upliftment in Africa and beyond.

What are they saying?

Reacting to the latest development while speaking with Sports Brief, coach Folabi Ojekunle explained that Mmobuosi should have first invested in a Nigerian club since he made his money in the west African nation.

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Statement made by Ojekunle

''Mmobuosi made his money in Nigeria, and I think he should first own a club in the Nigerian League before going to Europe, but I can't decide for him how to spend his money.''

Dangote shows interest in Arsenal

Previously, Sports Brief had reported how Nigerian billionaire businessman Aliko Dangote suggested that he might be making a move to buy Premier League outfit Arsenal.

The 65-year-old was initially linked with a move to buy out Lady Nina Bracewell-Smith's 15.9% shares in 2011 but he later abandoned the deal in a bid to focus on his refinery project in Lagos.

With the project nearing completion, the Kano-born business mogul might be ready for the takeover at the Emirates Stadium.