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 Freemasonry Here are prominent Ghanaians who are also freemasonsbullet
2 In Ghana How social media reacted to Kufuor's Freemason appointmentbullet
3 Illegal Migrants America to deport 7000 Ghanaians - US Ambassadorbullet
4 Cocaine Saga $30m worth of cocaine goes missing at Tema Portbullet
5 In Uganda Woman 37, has 38 childrenbullet
6 Road Accident At least 15 feared dead in road accident in...bullet
7 Easter Boozing Galore Adonko Bitters recalled, Angel Group...bullet
8 GAF Recruits without BECE certificate will be sacked -...bullet
9 Visa Fraud Saga Former MP indicted in visa fraud by UK...bullet
10 SSNIT Contributions Ibrahim Mahama dragged to court...bullet

Top Videos

1 Watch Stop taking collection in churches -TB Joshua to Pastorsbullet
2 AMERI Power Plant AMERI lacks expertise in power projects – Philip Addisonbullet
3 TRAGEDY Fire guts Coconut Grove Hotelbullet
4 Refugee Ghanaian to lose fingers after 7-hour trek to cross US borderbullet
5 Meet "The Beast" President Obama's Cadillac that's more tank...bullet
6 In Zimbabwe President Mugabe’s 70 year-old aide marries his...bullet
7 Ghana@60 Agya Koo embarrassed Ghana at Independence Day -...bullet
8 Health Alert Fufu is killing Africans - Mensah Otabilbullet
9 Prophecy I predicted Kintampo accident - Prophetbullet
10 Video Police officer attacked at Flagstaff Housebullet

News