Sunday, December 10, 2023
HomeSportMmobuosi kicks over failed Sheffield United takeover

Mmobuosi kicks over failed Sheffield United takeover

Nigerian businessman Dozy Mmobuosi says his move to take over Premier League club Sheffield United should not be regarded as a failed bid, PUNCH Sports Extra reports.

Mmobuosi’s purported £115m takeover of Sheffield United collapsed after his relationship with the club’s current owner Prince Abdullah broke down amid claims the business tycoon forked out £8.7m to support the then financially-stricken club.

Mmobuosi was said to have pumped close to £9m into the Bramall Lane club since November 2022 to help the cash-strapped Blades fulfil their financial obligations on the expectation his protracted buy-out would be ratified early in 2023.

It was also reported by the Daily Mail that Mmobuosi was informed by the English Football League that he had passed initial checks with regards their stringent owners and directors test ahead of his proposed Blades takeover.

Speaking in an interview with Arise TV, Mmobuosi, who now owns 1472 – a Lagos-based outfit competiting in the Nigerian second tier division said, “I would have loved to avoid this, but let me just be clear to Nigerians and everyone around the world. I don’t see it as a failed bid.

“I have not responded in many months because that is just the way it should be for now. Nothing stops Nigerian from owning clubs overseas. We know what football does. It is capable of uniting people and prospering young ones and as a young Nigerian, I want to inspire.”

When further asked if he would return to make a new bid to buy the club, he did not reject the possibility.

Mmobuosi added, “Fingers crossed, let’s see how it goes. I don’t wish to say anything further on this subject matter. Right now, it is about 1472 FC and whenever there is an opportunity to do anything anywhere in the world, I’m there.”

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.

Mmobuosi has the motive of improving the Nigerian football league and has therefore urged other prominent businessmen in Nigeria to consider investing in the Nigerian league.

“The Nigerian Premier Football League lacks funding, so each time that came up in meetings with my colleagues, I tell them that I am happy to support. I see it as a call to national duty for me and I will continue to do that.”

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