Nigerian tech billionaire, Dozy Mmobuosi is on the verge of finalising a £90m takeover of Sheffield United, the BBC reports.
The Championship promotion contenders’ owner Prince Abdullah has been in talks with Mmobuosi, the founder and Group Chief Executive Officer of Tingo Inc, the parent company of Tingo Mobile.
Talks with the Nigerian, who is worth $7.6bn (£6.2bn) take place eight months after American businessman Henry Mauriss failed in a bid to take over the Yorkshire club.
The process of buying the Bramall Lane club is at “an advanced stage”, according to sources close to Mmobuosi, who is also the founder of Africa’s leading Agri-Fintech company and digital platform, Nwassa.
Nwassa, Tingo Mobile’s digital agri-marketplace platform provides farmers with weather forecasts, information on markets, and an ability to make payments via Tingo Pay.
Should the 43-year-old African tech entrepreneur pass the English Football League’s owners’ and directors’ test, it will pave the way to buy the Blades for $108m (£90m), a move that would help lift the recent transfer embargo by settling the club’s debts.
An advocate for technological advancement in Africa and beyond, Mmobuosi describes himself as an author and technology entrepreneur on his Twitter feed.
Keen to own a club in the United Kingdom, he has strongly funded scouting schemes, training programmes and talent management for Nigeria’s top tier side Nasarawa United.
Using his ‘Dozy Mmobuosi Foundation’, he bankrolled an inaugural ‘Super Cup Tournament’ for clubs in the Nigeria Professional Football League (NPFL), which saw Shooting Stars of Ibadan emerge winners in December 2022.
Who Is Dozy Mmobuosi
Dozy Mmobuosi is a Nigerian tech entrepreneur and founder of the continent’s leading Agri-Fintech company, Tingo Inc, as well as Tingo International Holdings, Inc. (TIH) an investment firm focused on identifying and making targeted acquisitions in the technology sector.
Dozy holds a Bachelor of Science degree in Political Science and a Master of Science degree in Economics from Ambrose Alli University in Nigeria. He also holds a doctorate in Rural Advancement from Universiti Putra Malaysia. In March 2022, he completed the Advanced Management and Leadership Programme at Saïd Business School, University of Oxford.
Mmobuosi has dedicated his life to empowering Africans in the farming sector through the usage of mobile technology and digital financial services. According to Mmoubisi, at the heart of Tingo is the ethos to provide an opportunity for Africa to be a core focal point to tackle pressing topics such as climate change and food security.
In December 2021, Mmobuosi founded the Dozy Mmobuosi Foundation with a noble mission to promote the progress of Africa and create an environment where Africans can thrive.
The Foundation focuses on multiple sectors including education, healthcare, technological skills upliftment and to also facilitate social empowerment by solving key structural challenges present on the continent.
In June 2022, the foundation set up a $10m USD free prostate cancer screening imitative in Lagos and will seek to expand across the whole country.
Dozy launched the Dozy Mmobuosi Super Cup in December 2022, which featured several elite clubs from Nigeria. The tournament will run annually with the goal of highlighting Africa’s top football talent on a global stage.
Source: Nigeriabombshell.com/ BBC
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