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Nigerian billionaire Dozy Mmobuosi’s £115m Sheffield take-over heading for the rocks

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The potential new owner Dozy Mmobuosi (centre) is alleged to have already invested £8.7m

After spending over £8.7million to support the financially-stricken Sheffield United club,  Nigerian businessman Dozy Mmobuosi’s £115million takeover of the club is set to collapse.

The report is coming two days after reports that Africa’s richest man, Alhaji Aliko Dangote, was reportedly in talks to acquire a 60% stake in French Ligue 2 side, Valenciennes FC for a fee of €10 million.

But according to UK’s Daily Mail in the case of Sheffield United, Mmobuosi’s relationship with the club’s current owner Prince Abdullah has broken down to such an extent that the ownership deal for the Championship side is in major jeopardy.

The African tycoon is said to have pumped close to £9million into the Bramall Lane club since November to help the cash-strapped Blades fulfil their financial obligations on the expectation his protracted buy-out would be ratified early in 2023.

However, Mmobuosi is now effectively at war with Prince Abdullah amid assertions he made substantial cash deposits in good faith to help preserve the club’s future.

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It is claimed that on November 18, 2022, Mmobuosi and Prince Abdullah shook hands on a deal for the club worth £115m at London’s Dorchester Hotel.

As proof of his intentions, Mmobuosi is believed to have immediately transferred £1million.Three days before Christmas, he is said to have made a further £6.5million payment to help them avoid administration – an advance made on the proviso that the sale would be confirmed early in 2023.

It is also claimed that on January 24, 2023, Mmobuosi paid an extra £1.2million after the club pleaded with him to settle their HMRC bill which sources have indicated helped the Blades lift the transfer embargo placed on them in January.

However, United insiders insist the lifting of the embargo is not related to Mmobuosi’s takeover, but because of money raised from their FA Cup run and renegotiated transfer deals.

The cash injections made by Mmobuosi is understood to have been paid into United’s holding company, and not directly into club accounts.

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Since Mmobuosi and Prince Abdullah struck an agreement in November, the Blades’ season has gone from strength to strength.

They are set to confirm promotion back into the Premier League and reached the FA Cup semi-final at Wembley where they eventually lost to champions Manchester City on Saturday.

The club’s impressive second half of the season has coincided with a delay in Mmobuosi’s proposed takeover.

Indeed, there have been reports in the previous 24 hours indicating Prince Abdullah is now open to listening to alternative offers for United.

With top-flight football within reach, the club’s value is likely to soar in the coming weeks.

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It is understood Mmobuosi has been informed by the EFL that he has passed initial checks with regards their stringent owners and directors test ahead of his proposed Blades takeover.

Mmobuosi and Prince Abdullah had previously enjoyed a good relationship but that connection has deteriorated significantly in recent weeks given the delays in their original agreement being formally ratified.

It now remains to be seen whether the agreement can be revived, though there appears to be little hope that a sale will happen at the originally agreed price of £115m.

Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

Premier League

Former Arsenal soccer player Partey charged with five counts of rape

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 Premier League - Arsenal v Manchester City - Emirates Stadium, London, Britain - February 2, 2025 Arsenal's Thomas Partey during the warm-up before the match REUTERS/David Klein/File Photo

Thomas Partey, who formerly played for English Premier League soccer club Arsenal, has been charged with rape and sexual assault, London’s Metropolitan Police said on Friday.

Partey, a Ghana international, was charged with five counts of rape and one count of sexual assault, with the charges relating to three women and the offences reported to have taken place between 2021 and 2022, the statement said.

Partey’s management did not immediately respond to a request for comment.

He is due to appear at London’s Westminster Magistrates’ Court on Aug. 5.

Partey, 32, was signed by Arsenal from Atletico Madrid for 50 million euros ($59 million) in October 2020 and became a key member of Arsenal’s first team.

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He was first arrested in July 2022, though he was not named at the time and continued to play for Arsenal while investigations were ongoing.

-Reuters

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Rashford, Garnacho among five players seeking Man Utd exit

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Premier League - Manchester United v Newcastle United - Old Trafford, Manchester, Britain - December 30, 2024 Manchester United's Marcus Rashford warms up as a substitute during the match REUTERS/Phil Noble/File Photo

Five players including England forward Marcus Rashford and Argentina winger Alejandro Garnacho have informed Manchester United that they wish to explore a future away from the Premier League side, a club source said on Friday.

Brazilian midfielder Antony, Dutch defender Tyrell Malacia and England international Jadon Sancho are also looking to leave the club, the source added.

Rashford, who has made more than 400 senior appearances for United, has fallen out of favour with manager Ruben Amorim, played for Aston Villa on loan while United had their worst-ever Premier League campaign, finishing 15th in the standings.

Amorim had called Rashford’s work rate into question, saying he would rather put a goalkeeper coach on the bench than a player not giving their all.

Rashford said he was feeling fitter and better since joining Villa, where he scored two goals in 10 league appearances.

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United also failed to qualify for the Champions League as they lost the Europa League final 1-0 to Tottenham Hotspur. Garnacho, who was a late substitute in the final, voiced his displeasure on social media after the loss.

“Up until the final, I played every round helping the team, and today I play 20 minutes, I don’t know,” he wrote in a post . “The final will influence (my decision), but the whole season, the situation of the club.”

Sancho was on loan at Chelsea, where he made 31 league appearances last season. Antony, who joined United from Ajax Amsterdam in 2022 for a reported initial transfer fee of more than $100 million, scored five goals in 17 LaLiga appearances on loan at Real Betis.

Malacia joined Dutch side PSV Eindhoven on loan in February.

-Reuters

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Fernandes rejects Al-Hilal offer to stay at Manchester United

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Manchester United captain Bruno Fernandes turned down the opportunity to join Saudi Pro League side Al-Hilal in order to keep playing “at the highest level”, he said on Tuesday.

The Portuguese midfielder admitted that he had considered the move, which media reports said was worth four times his current salary, after being contacted by Al-Hilal’s president.

“There was that possibility, the president of Al-Hilal called me a month ago to ask me about it,” Fernandes, who is preparing to face Germany with Portugal, told reporters on Tuesday.

“It was a big offer, very ambitious. There was a waiting period for me to think about the future.”

Fernandes ultimately decided to stay at United and said he was motivated by his desire to continue playing at the top level and encouraged by his family and the club’s coach Ruben Amorim.

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“I would be willing to do it if Manchester United thought so,” Fernandes added. “I spoke to the coach Ruben Amorim who really tried to talk me out of it. The club said they would not be willing to sell me, only if I wanted to leave.

“I spoke to my wife and family, and she asked me what my personal goals were in my career.

“It would have been easy to move there but I want to keep myself at the highest level, playing in the big competitions and I feel capable of it. I am happy with my decision.”

The 30-year-old Fernandes scored 19 goals and provided 19 assists in 57 appearances across all competitions for United last season, winning the club’s Player of the Year award for the fourth time.

However, it was a season to forget for the team, as they finished 15th in the Premier League, their lowest league finish in half a century, and lost the Europa League final to Tottenham Hotspur.

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-Reuters

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