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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

Rashford ends goal drought in Man United’s 3-0 win over Southampton

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Premier League - Southampton v Manchester United - St Mary's Stadium, Southampton, Britain - September 14, 2024 Manchester United's Marcus Rashford shoots at goal REUTERS/Toby Melville 

New signing Matthijs de Ligt grabbed his first goal for Manchester United while Marcus Rashford scored for the first time since March in a 3-0 Premier

League victory at Southampton on Saturday after a shaky start to the season.

Alejandro Garnacho added a late goal for Erik ten Hag’s side who started the day 14th in the standings after back-to-back losses. They now have six points from four matches while newly promoted Southampton remain without a point.

Southampton dominated early on but squandered a chance to take the lead in the 34th minute after United goalkeeper Onana saved Cameron Archer’s poor penalty, sparking an immediate shift in momentum at St Mary’s Stadium.

A minute later, De Ligt headed in a sumptuous ball from Bruno Fernandes after Christian Eriksen’s short corner.

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“I think if you get three points from three games it’s not enough so there was some pressure, but I think today we played very well,” said De Ligt, a summer signing from Bayern Munich.

Rashford, who had gone 13 games without a goal, then ended his drought when he was left unmarked on the edge of the box to bend a diagonal shot in the far corner in the 41st.

Ten Hag had been criticised for starting Rashford but he has stuck by the much-maligned 26-year-old — who had not found the back of the net since United’s 2-0 win over Everton on March 9 — saying pre-game that Rashford needed only a goal or an assist and “then he will fly”.

“It’s very important,” the Dutchman said after the win. “It is so huge for him, for every striker, when the season starts you want to be on the scoring list. Now he has his first, I’m sure more will come.”

Archer’s penalty miss spoiled a stellar first league start for Southampton’s Tyler Dibling. The 18-year-old, who had scored for England’s Under-19 side in a loss to Germany four days earlier, drew the penalty when he dribbled at Diogo Dalot only to be taken down by the defender in the box.

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That was the turning point, as the hosts were almost immediately punished for the miss but goalkeeper Aaron Ramsdale tipped a low shot from Joshua Zirkzee just wide of the net.

“It was a turning point for us,” Onana said. “I’m happy for the guys, we had a great game, now we move on.”

What started as a solid afternoon for Southampton had a wretched ending as Russell Martin’s side failed to register a shot after the missed penalty and were reduced to 10 men in the 79th minute when defender Jack Stephens was sent off for a high tackle on Garnacho.

The Argentine forward smashed the ball in with almost the last kick of the game to seal the win for the visitors.

United finished with 20 shots to the home side’s six.

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-Reuters

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Depleted Arsenal head to Spurs hoping to keep pace with title rivals

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Arsenal v Brighton & Hove Albion - Emirates Stadium, London, Britain - August 31, 2024 Arsenal's Kai Havertz celebrates scoring their first goal with Gabriel Magalhaes Action Images via Reuters/Peter Cziborra/File Photo

Arsenal face a daunting set of fixtures starting with a trip to Tottenham Hotspur in the Premier League, with influential midfielders sidelined this weekend, but Mikel Arteta’s side can take heart from their recent record in north London derbies.

Having been held to a draw by Brighton & Hove Albion in their last outing, Arsenal are two points off the pace after champions Manchester City and Liverpool had perfect starts.

Letting points slip in the past two campaigns has punished Arsenal in the title race. With City and Liverpool playing on Saturday, Arsenal could potentially be staring at a five-point gap ahead of Sunday’s short trip to face their neighbours.

Arsenal will wear their away kit in the derby for the first time in 38 years due to a colour clash but two men who will not be wearing their black strip are skipper Martin Odegaard and midfield partner Declan Rice.

While Odegaard is out for several weeks nursing an ankle injury sustained in Norway’s Nations League victory against Austria in midweek, Rice is suspended following a controversial red card against Brighton for kicking the ball away.

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Form usually goes out of the window in north London derbies, which often produce spicy encounters, but Arsenal have had the upper hand in the last two seasons, winning three and drawing one of the last four league matches against Spurs.

The hosts also have injury worries with forwards Richarlison and Dominic Solanke plus defender Micky van de Ven missing their 2-1 loss at Newcastle United, though the latter two are expected to return.

FORCED ROTATION

With Arsenal’s midweek Champions League game at Atalanta and a trip to City the following weekend, Arteta will be forced to rotate his squad or even change his formation.

Since new signing Mikel Merino is also injured, he may have to play the versatile Kai Havertz in a deeper role. Brazil forward Gabriel Jesus has also been sidelined, while striker Eddie Nketiah moved to Crystal Palace on deadline day.

“He could play Leandro Trossard or even Raheem Sterling, but that’s a big ask for a winger to play up front at a new club,” Sky Sports pundit and former Arsenal forward Paul Merson said, adding the club should have signed another striker.

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“You might get away with it for two or three games playing a false nine, but you wouldn’t want to go seven, eight, nine games with one,” he added.

The weekend kicks off with 14th-placed Manchester United looking to put their early season troubles behind them as they travel to promoted Southampton, who are without a point so far.

Erik ten Hag is in his third season as United boss but a 3-0 humbling by Liverpool — whose manager Arne Slot was taking charge of just his third game — rang alarm bells among the Old Trafford faithful although the Dutchman has the club’s backing.

Leaders City host sixth-placed Brentford, while second-placed Liverpool, the only Premier League team yet to concede a goal this season, welcome Nottingham Forest.

Ipswich Town travel to third-placed Brighton seeking a first win following their return to the top flight, while bottom side Everton, with three straight losses, travel to Aston Villa.

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-Reuters

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Mikel Arteta agrees new Arsenal deal

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Arsenal manager Mikel Arteta has signed a new deal with the Premier League club, reportedly for three years. PHOTO: EPA-EFE

Arsenal manager Mikel Arteta has signed a new long-term contract at the Emirates Stadium, the Premier League title chasers announced on Sept 12.

The Gunners said in a statement that the 42-year-old Spaniard, who has reportedly agreed a three-year deal, “has been a key figure in re-establishing us as a force back at the top of English and European football”.

Arteta, who became Arsenal boss in late 2019, said he felt “extremely proud”.

“I feel extremely lucky to work every single day with good people and the ambition we have here,” he said.

“I feel very inspired, I feel challenged, I feel supported and I want to do much more than what we’ve already done together.”

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Arsenal co-chairman Josh Kroenke said he was delighted with the new deal.

“Mikel is a dynamic and passionate manager, who is relentless in the pursuit of excellence,” he said.

“He has a deep understanding of Arsenal’s values, and since joining us as head coach, he has taken the team to another level in an Arsenal way.”

Arteta, who had been working as an assistant coach under Pep Guardiola at Manchester City, replaced compatriot Unai Emery as Arsenal boss in December 2019.

He won the FA Cup in his first season in charge – his first silverware as a manager.

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Arsenal have finished as runners-up to City in the Premier League for the past two seasons.

Last term, they went agonisingly close to lifting the trophy for the first time since 2004 before being pipped by City on the last day of the season.

Arteta’s men, who face north London rivals Tottenham on Sept 15, are currently fourth in the table after two wins and a draw.

They begin their Champions League campaign next week against Atalanta.

‘Wonderful values’

Arteta, who played 150 times for Arsenal and captained the side, called for calm in August regarding his contract situation, insisting his focus had been on the transfer window.

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“We are on it and we will take care of that in the right moment,” said Arteta, who had previously been linked with Paris Saint-Germain and Barcelona.

“I don’t think anybody has to panic. I am in the place where I want to be and am really happy.

“Hopefully, the club thinks the same thing and the players I work with, who in my opinion are the most important ones.”

Arsenal strengthened in the summer transfer window, bringing in a clutch of players including Raheem Sterling, Mikel Merino and Riccardo Calafiori.

There are still questions over whether they have enough firepower to overhaul champions City after their failure to sign a striker to compete with inconsistent Germany forward Kai Havertz.

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But Arsenal sporting director Edu has no doubts about Arteta’s ability to keep the club on course for sustained success.

“It’s a very positive and proud moment for everyone at the club and an important part of what we’re all working towards,” Edu said.

“Mikel has shown his qualities since the very first day he joined us, not only as a football manager, but as a person with wonderful values.

“We have a strong belief in what we are doing and what we want to achieve together. Mikel’s new contract gives us stability and clear direction as we aim for new heights.”

AFP

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