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Nigerian billionaire Dozy Mmobuosi provides eight-figure cash injection ahead of his proposed £90m takeover of Sheffield United to aid the club's financial situation as they push for promotion back to the Premier League

Prospective new Sheffield United owner Dozy Mmobuosi has provided an eight-figure cash injection to stave off the threat of administration.

The Nigerian - who made his fortune in technology and co-founded Tingo Mobile, now valued at around £6billion – is hopeful of completing a £90million takeover of the Blades from Prince Abdullah in the coming weeks.

Sportsmail understands that given the club’s perilous financial position, Mmobuosi has committed to funding them ahead of time as Paul Heckingbottom’s side strive for promotion back to the Premier League.

The funds are believed to be in excess of £10million, paid in instalments, which covers running costs – including player wages – and remaining on top of routine bills.