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

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos





Top Articles

1 Fraud Three Ghanaians arrested over £5million romance fraudbullet
2 Ghana Armed Forces GAF announces date for 2017/18 recruitment screeningbullet
3 Adult Content We will continue showing porn on TV - Ice TVbullet
4 Freemasonry Here are prominent Ghanaians who are also freemasonsbullet
5 Volta Region FDA says Kpando residents knew consuming Pufferfish...bullet
6 Ghana Police Service IGP reshuffles top officersbullet
7 Sex Workers Chinese prostitutes invade Wassa Akropong;...bullet
8 Confession This is the real story behind Atta Ayi's arrestbullet
9 National Service New allowance will be paid after 2017...bullet
10 Road safety Ghana records over 2000 road accidents in 2017bullet

Top Videos

1 Video Four suspects arrested for Captain Mahama's deathbullet
2 Watch Video I lick my wife before going to preach - Kumchacha confessesbullet

News