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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

Liverpool stay top of Premier League as Arsenal, Man City win

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Liverpool's Cody Gakpo, centre left, Ryan Gravenberch, centre, and Diogo Jota celebrate after the English Premier League soccer match between Crystal Palace and Liverpool at Selhurst Park in London, Saturday, Oct. 5, 2024. AP

Liverpool beat Crystal Palace 1-0 to remain top of the Premier League as Arsenal and Manchester City came from behind to win on Saturday.

City were 3-2 victors over Fulham to stay one point behind Liverpool, alongside Arsenal who saw off Southampton 3-1.

Arne Slot has now won nine of his first 10 games since succeeding Jurgen Klopp as Liverpool manager, but was frustrated that the visitors invited a late onslaught from the winless Eagles.

Jota prodded the Reds into the lead from Cody Gakpo’s cross on nine minutes.

The Portuguese international was then guilty of missing two big chances to extend Liverpool’s advantage.

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Palace failed to make them pay, but victory came at a cost for Slot as goalkeeper Alisson Becker limped off with a hamstring injury.

“If you score the second you break them mentally,” said Slot. “All the fans kept believing in a result because it was only 1-0, even though in my opinion we were the dominant team.”

Fresh from a dominant win over Paris Saint-Germain in the Champions League, Arsenal were expected to sweep aside winless Southampton.

But the Saints shocked the Emirates 10 minutes into the second half when Cameron Archer fired in his first Premier League goal since a summer move from Aston Villa.

The lead only lasted three minutes before Kai Havertz scored for the seventh consecutive home game.

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Gabriel Martinelli was introduced after an hour and took just eight minutes to make his mark with a finish on the volley from Bukayo Saka’s cross.

Having set up Arsenal’s first two goals, Saka pounced on a loose ball to score the third himself.

Fulham’s outrageous opener
 

Rodri’s season-long absence due to a serious knee injury is expected to be a major blow to City’s chances of retaining the title for a fifth consecutive season.

But it was the Spaniard’s deputy Mateo Kovacic who scored twice to turn the game around for the champions at the Etihad.

The visitors had not lost since the opening night of the season at Manchester United and led thanks to Andreas Pereira’s finish from an outrageous backheel assist by Raul Jimenez.

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Kovacic’s deflected effort quickly brought City level before a cleaner strike less than two minutes into the second half made it 2-1.

Jeremy Doku then smashed into the top corner from outside the box to give City a two-goal cushion, which they needed.

Rodrigo Muniz gave Fulham hope on 88 minutes, but City held out for a 17th consecutive win against the Cottagers.

West Ham eased the pressure on new boss Julen Lopetegui by ending a run of three home defeats to start the new season.

Michail Antonio, Mohammed Kudus, Jarrod Bowen and Lucas Paqueta struck for the Hammers in a 4-1 win over Ipswich, who are still waiting for their first Premier League win 22 years.

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There were six goals before half-time as Brentford beat Wolves 5-3 to leave the visitors still rooted to the foot of the table.

Leicester secured their first league win of the season as Facundo Buonanotte’s strike beat Bournemouth 1-0.

Manchester United manager Erik ten Hag faces a huge match if he is to remain in charge when the Red Devils visit Aston Villa in the pick of Sunday’s action.

-AFP

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Premier League rejects City request to delay next season’s games after Club World Cup

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 Premier League - Newcastle United v Manchester City - St James' Park, Newcastle, Britain - September 28, 2024 Manchester City manager Pep Guardiola reacts REUTERS/Scott Heppell/File photo

The Premier League has rejected Manchester City’s request to postpone the first two games of the 2025-26 season to help the players recover after their FIFA Club World Cup campaign in the U.S., the club’s manager Pep Guardiola said on Friday.

City and Chelsea are the two English clubs who have qualified for the expanded month-long Club World Cup set to start on June 15. The Premier League’s season will begin in August.

An increasingly packed soccer calendar has been a concern among a growing number of players and managers. A report by global players’ union FIFPRO said some players get only 12% of the year to rest.

The Premier League did not immediately respond to a request for comment outside regular business hours.

City midfielder Rodri said in September that players could be close to strike action over the time they are required to play. A knee ligament injury has since put him out for the season.

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“I don’t know if we will play more games than the treble year (2022-23)… maybe we’ll play less games,” Guardiola told reporters.

“The Premier League has not allowed us to postpone the first two games for our recovery. Thank you so much. They don’t postpone these games so that will be the moment of, oh, what do we have to do?”

He said the Club World Cup will make it even more difficult for clubs to manage player workload.

-Reuters

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Ten Hag’s Man United future not my call, Ratcliffe says

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FA Cup - Final - Manchester City v Manchester United - Wembley Stadium, London, Britain - May 25, 2024 Manchester United co owner Jim Ratcliffe is pictured in the stands before the match Action Images via Reuters/Andrew Couldridge/File Photo

Manchester United co-owner Jim Ratcliffe said a decision about under-fire manager Erik ten Hag is not his call, and was reticent about whether he still has faith in the team’s boss amid their worst start to the Premier League season since 1986-87.

“I don’t want to answer that question,” Ratcliffe told the BBC. “I like Erik. I think he’s a very good coach but at the end of the day it’s not my call, it’s the management team that’s running Manchester United that have to decide how we best run the team in many different respects.

“That team that’s running Manchester United has only been together since June or July. They weren’t there in January, February, March or April — Omar (Berrada, CEO), (Sporting Director) Dan Ashworth — they only arrived in July.

“They’ve only been there . . . you can count it in weeks almost — they’ve not been there a long time so they need to take stock and make some sensible decisions.”

Ten Hag’s job was the subject of speculation for much of last season en route to the team’s lowest Premier League finish of eighth. After an FA Cup final victory over Manchester City and an end-of-season review, however, Ten Hag signed a new contract to extend his stay at Old Trafford until 2026.

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“Our objective is very clear, we want to take Manchester United back to where it should be, and it’s not there yet, obviously, that’s very clear,” Ratcliffe said.

Ten Hag continues to plead for patience from fans with the team languishing 13th in the Premier League table, having lost three of their six opening games. They were headed towards defeat by Porto in the Europa League on Thursday before Harry Maguire scored a last-gasp goal to salvage a 3-3 draw.

-Reuters

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