Dozy Mmobuosi, a tech guru, is said to have provided an eight-figure cash injection to stave off the threat of administration ahead of his proposed 90 million takeover of Sheffield United, glamsquad reports.
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Mmobuosi, who made his fortune in technology and co-founded Tingo Mobile, hopes to take over the Blades from Prince Abdullah in the coming weeks.
According to Mail Online, Mmobuosi has committed to funding the club due to their precarious financial situation as Paul Heckingbottom?s side seeks re-entry into the Premier League.
The funds are estimated to be in excess of ten million dollars, paid in installments to cover operating expenses such as player wages and remaining on top of routine bills.
It is also thought to ensure they keep up with payments on previous transfers, such as Sander Berge to Genk and Rhian Brewster to Liverpool.
Mmobuosi is said to have instructed the club to keep both Berge and Iliman Ndiaye on deadline day, despite the fact that both are being pursued by top-flight clubs.
His acquisition of Bramall Lane is subject to EFL approval.