“I’m Not Here To Just Take And Go” – Dozy Mmobuosi On His Quest To Buy Sheffield United
By Boris Esono Nwenfor
Dozy Mmobuosi, one of the youngest billionaires in Nigeria, says the scrutiny for him is different as he seeks to take over English Championship club Sheffield United. The 43-year-old technology and business entrepreneur with a net worth of 7 billion pounds, is the founder of Tingo Mobile PLC, an Agri-Fintech establishment.
Sheffield United who was relegated from the Premier League last year has been on the brink of new ownership with American billionaire Henry Mauriss making a bid of around 100 million pounds for the club before the deal became unsuccessful.
“Hopefully I get approved by the EFL and you (Sheffield United fans) find me a capable partner,” Mmobuosi told FIVE podcasts per Punch. I’m a long-term, focused person. I’m not here to just take and go.”
“(I) believe we’ll get to the Premier League and remain there. I intend to run this club not just as a business that benefits the fans and myself, but the community.”
Dozy Mmobuosi also runs the Dozy Mmobuosi Foundation with a mission to promote the progress of Africa and create an environment where Africans can thrive. Tingo Mobile’s digital agri-marketplace platform, Nwassa, provides farmers in Nigeria and beyond with weather forecasts, in addition to information on markets and digital payment options via Tingo Pay. His first tech venture was ‘Flashmecash,’ Nigeria’s first SMS banking solution. He later sold it for a good profit.
Aside from being a tech entrepreneur, Mmobuosi is also a football investor. He has “funded scouting schemes, training programmes and talent management for Porsche United and Nassarawa United, two formidable grassroots clubs in Nigeria,” according to GQ.co.za.
“Am one of the most scrutinized individuals that know. I run a public company, and the scrutiny for me is different and I feel that. My market cap is hit because maybe wall street has refused or failed to understand our message. But we are undervalued and I feel that if I weren’t Nigerian or African, it would have been different,” Dozy Mmobuosi added.
“So, I think the world needs to change this attitude of naming people, shaming people, or doubting people because they come from a certain place.”
Should Dozy pass the English Football League’s owners’ and directors’ test, he will assume ownership of the club and become the second African owner and the first Black majority owner currently in England’s top two professional football leagues, consisting of 44 clubs across the “length and breadth of the country” according to CNN research.