Al Amoudi poised to fund a Football Team in Australia

Ethiopia's Richest man, who has just been named the 43rd richest person in the world by Forbes magazine, is reportedly in discussion to fund Tasmania United FC football club in Australia, Mercury newspaper reports.

Tasmania United chairman John McGirr would not confirm the report, but Mercury newspaper revealed the name of Sheik Mohammed Hussein Ali Al Amoudi, according to The Sydney Morning Herald. McGirr said United's director of football, Ken Morton, first came across the sheik while coaching in Ethiopia, according to Mercury newspaper. "Our director of football, Ken Morton, as we speak is negotiating with a businessman in Dubai who is very keen to come on board," McGirr said. "He already owns a club elsewhere. "He is very, very passionate about the game. "He has had a lot of success and, like business people, he is very egotistical and it would be nice to own another club.", the paper wrote.

Al Amoudi who owns Saint George FC, Ethiopia's most celebrated football club, is a big fan of football.

Al Amoudi who was born and raised in Ethiopia is a self-made billionaire with an estimated net worth of $9 Billion. He immigrated to Saudi Arabia in 1965 and became a Saudi citizen.
Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He started investing in Sweden in 1974. He owns Svenska Petroleum and Swedish refinery Preem. Al Amoudi operates several businesses in Ethiopia including the gold mine in Ethiopia's richest and largest state of Oromia.