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Dangote still hoping to buy Arsenal ‘one day’

Dangote still hoping to buy Arsenal ‘one day’
May 05
18:31 2015

Africa’s richest man, Aliko Dangote, claims he has a “strategy” he will use to buy Arsenal Football Club at the right price “one day”.

Despite failing a bid to acquire a stake in the club in 2010 the Nigerian billionaire still wants to invest in the Gunners.

Dangote, who is now worth over US$15billion – nearly eight times as much as when he first tried to buy into the north London side – has not given up on his dream of getting involved with the club he passionately follows.

“I still hope, one day at the right price, that I’ll buy the team,” Dangote told Bloomberg.

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“I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”

Interestingly, the 58-year-old is worth more than both Arsenal majority shareholder Stan Kroenke and Alisher Usmanov, who have been fighting for control of the club in recent years.

The dream to take over the club won’t be coming immediately, though, as the cement and commodities tycoon is looking to get his portfolio of businesses right.

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“We have $16 billion-worth of investments in the next few years,” he said.

“Right now, I want to take my own business to a certain level. Once I finish on that trajectory, then maybe an offer will follow.”

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1 Comment

  1. demiphillmedia
    demiphillmedia May 06, 21:42

    One question though. Is he an owner of a club in Naija?

    Reply to this comment

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