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Africa’s Richest Man, Dangote Reveals Plan To Buy Arsenal


Africa’s Richest Man, Dangote Reveals Plan To Buy Arsenal

Aliko Dangote and Arsenal crest

Aliko Dangote, who had in 2016 announced his desire to buy Arsenal Football Club has said he plans to own the football club in 2020 or 2021.

 The 62-year-old business mogul, revealed this during Bloomberg’s The David Rubinstein Show in America, to re-establish his interest in taking over the North London club.

Africa’s richest man, who is worth around $10bn (£7.7bn) according to Forbes, has long been interested in taking over the Gunners.

He, however, said the take-over will be done when he finishes all his projects, one of which is the building an oil refinery in Nigeria.

Aliko, a die-hard Arsenal fan, has been previously linked with the purchase of the club from the current owner, American billionaire Stan Kroenke — a deal that could gulp over $4 billion from his pocket.

During the show, Aliko Dangote quickly added;

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. We will go after Arsenal from 2020, even if somebody buys, we will still go after it.

Aliko Dangote is currently the 136 richest person in the world according to the Forbes list, with huge investment in cement and stakes in publicly-traded salt, sugar and flour manufacturing companies. 

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