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Daily Mirror
Daily Mirror
Sport
Kieran King

African billionaire worth £7bn to move into English football with takeover close

Nigerian billionaire Dozy Mmobuosi is closing in on a deal to buy Sheffield United for around £90million amid the club's recent transfer embargo.

According to The Times, Mmobuosi is reportedly thought to be in the final stages of buying the Bramall Lane club. It is understood that the prospective buyer still needs to pass the EFL's owners' and directors' test, but that 'no problems have arisen' so far.

It has been known for some time that the Blades could be sold with current owner HRH Prince Abdullah bin Musa'ad bin Abdulaziz Al Saud struggling to maintain the funding needed to keep the club going. Last year, American businessman Henry Mauriss, who was previously linked with taking over Newcastle, had a bid, understood to be over £100m, accepted by the club's hierarchy.

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