Africa’s richest man and Nigerian billionaire, Aliko Dangote has revealed when he may buy Premier League outfit, Arsenal.
The 63-year-old has made no secret of his intention to one day take a controlling share of the English club and he has once again reiterated his interest.
The business mogul was linked with a move to buy out Lady Nina Bracewell-Smith’s 15.9% shares in 2011, but the deal was abandoned as he concentrated on focussing on his refinery project in Lagos instead.
As the project nears completion, Aliko Dangote appears to be ready for an Arsenal takeover from Stan Kroenke at the Emirates Stadium.
Kroenke owns the Premier League outfit as well as American Football team, LA Rams. The 73-year-old has received heavy criticism for not putting enough money into the club.
Aliko Dangote takeover talk is back.https://t.co/9t955mqSJt
— Arsenal FC News (@ArsenalFC_fl) February 23, 2021
“It is a team that yes I would like to buy someday, but what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on. “I’m trying to finish building the company and then after we finish, maybe sometime in 2021 we can. “I’m not buying Arsenal right now, I’m buying Arsenal when I finish all these projects because I’m trying to take the company to the next level,” Dangote is quoted as saying.
He is worth about $11.5 billion. Although this not amount to liquid cash, it is thought to be enough to buy the Gunners whose value is estimated to be around $1.571 billion.