Nigerian Dozy Mmobuosi has emerged as prospective new owner of English Championship football club Sheffield United.
The 43-year-old has reportedly provided an eight-figure cash injection to stave off the threat of administration.
It is understood that given the club’s perilous financial position, Mmobuosi has committed to funding them ahead of time as Paul Heckingbottom’s side strive for promotion back to the Premier League.
Mmobuosi is hopeful of completing a £90million takeover of the Blades from Prince Abdullah in the coming weeks.
He was influential in the club’s decision not to sell top players Iliman Ndiaye and Sander Berge in the January transfer window.
Who is Mmobuosi?
He holds a bachelor of science degree in political science and a master of science degree in economics from Ambrose Alli University, Ekpoma in Edo state.
Mmobuosi holds a doctorate in rural advancement from Universiti Putra Malaysia and completed an advanced management and leadership programme at Saïd Business School, University of Oxford last year.
He made his fortune in technology and co-founded Tingo Mobile, an Agri-fintech company that aims to help farmers around the world manage their sales using smartphones, in 2001.
Tingo is now valued at around £7billion.
Following the success of that business, he designed and launched Nigeria’s first SMS banking solution called ‘Flashmecash’, which was later sold to FMCB.
He has set up two mobile phone assembly facilities in Nigeria to help the local population gain access to the internet and smartphones.
He is an advisor to numerous large organisations, especially in the areas of investments, acquisition, and organic growth.
He launched the Dozy Mmobuosi Foundation in 2021 to promote the progress of Africa and create an environment where Africans can thrive with a focus on improving education, entrepreneurship, healthcare and information technology development in Nigeria.
He is married to Oluwatosin Mmobuosi and is the father of three children.