Shola Akinlade, 38-year-old Nigerian CEO, has bought a 55% stake in second division Danish football club, Aarhus Fremad.
Akinlade, who is also is the co-founder of financial technology company Paystack and Sporting Lagos FC – a football club in Nigeria’s commercial capital, said he was honoured and excited to start this new chapter.
Aarhus Fremad did not disclose for how much Mr Akinlade bought the stake in the club.
Mr Akinlade, who currently lives in California, founded Paystack in 2015 with an old schoolmate and went on to sell the company for $200m (£162m).
Aarhus Fremad is currently top of Denmark’s second division – which is the third tier of the Danish football league system.