Deal reached? Dangote eyes fresh bid for Arsenal

Nigerian Aliko Dangote has a net worth of around £12.2billion and has reiterated his desire to buy shares in Arsenal.

  • Published:
Aliko Dangote, Nigeria's richest man keen on Arsenal takeover play

Aliko Dangote, Nigeria's richest man keen on Arsenal takeover

24/7 Live - Subscribe to the Pulse Newsletter!

Africa's richest man, Aliko Dangote, has re-iterated his hopes of one day buying Arsenal.

The Nigerian has an estimated fortune of some £12.2billion and is reported to have wanted to purchase a holding in the Gunners when former director Lady Nina Bracewell-Smith was selling her stock in 2011.

Arsenal's current majority shareholder is American tycoon Stan Kroenke, who has a 66.64 per cent holding and remains committed to the Barclays Premier League club for the long-term.

Uzbek magnate Alisher Usmanov controls around 30 per cent and has also expressed no desire to offload any of his shares.

Nevertheless, last month Dangote, whose business interests include sugar, flour and oil, stated he remained keen to become part of the Emirates Stadium club sometime in the future.

In a fresh interview with BBC World Service Hausa, Dangote indicated once his work in the establishment of an oil refinery in his homeland - set to be the largest in Africa - is complete, then he would consider revisiting his interest in making a move at Arsenal.

'When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for,' he told the channel.

'There were a couple of us who were rushing to buy and we thought with the prices then, the people who were interested in selling were trying to go for a kill.

'We backtracked because we were very busy doing other things, especially our industrialisation.'

Dangote feels Arsenal, who last season retained the FA Cup, can mount a challenge for top honours again, albeit perhaps with a different outlook from the boardroom.

He added: 'They are doing well but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them.'

Credit: Daily mail

Recommended Articles

Recommended Videos





Top Articles

1 Cross Country Nigerian kidnapper has Ghanaian passport and two homes in...bullet
2 State Assets Government retrieves over 60 ‘missing’ State vehicles in...bullet
3 In Court Ghanaian pleads guilty to making bomb threat at U.S universitybullet
4 Lynched Soldier Send 17-yr-old suspect to Borstal home - Judge ordersbullet
5 Ghana Politics Government retrieves five more 'stolen' carsbullet
6 Major Mahama’s Death Court discharges 26 suspectsbullet
7 Video Man busted with over 60 'stolen' State cars tells his...bullet
8 Nayele Ametefe Drug barons will not live to enjoy the...bullet
9 Adult Content We will continue showing porn on TV - Ice TVbullet
10 Zanetor Rawlings daughter throws him a birthday party...bullet

Top Videos

1 Lynched Soldier Listen to the man who hit Capt. Mahama's head with a blockbullet
2 Prophecy Hundreds will die in floods in 2017 – Prophet revealsbullet
3 Nigerians stop deportation of chained compatriot in KLM flightbullet
4 Capt. Mahama's Death The account of this 10-year-old will leave...bullet
5 Lynched Soldier Residents of Denkyira-Obuasi mourn Maj. Mahamabullet
6 Watch Stop taking collection in churches -TB Joshua to Pastorsbullet
7 Meet "The Beast" President Obama's Cadillac that's more tank...bullet
8 Vitiligo Enam Honya - is challenging what you think about...bullet
9 In Zimbabwe President Mugabe’s 70 year-old aide marries...bullet
10 Health Alert Fufu is killing Africans - Mensah Otabilbullet

News