Aliko Dangote confirms plans to buy Arsenal
Aliko Dangote, Africa’s richest businessman, has confirmed that he is planning a bid to buy Arsenal.
The 58-year-old Nigerian, whose estimated personal wealth of £11.5billion places him at 67 on the Forbes rich list, claims he has been an Arsenal fan since the 1980’s, and previously tried to buy them back in 2010.
Dangote previously revealed that he was considering another bid for the Gunners when his own business had reached a ‘certain level’, and it appears that time has now come.
Speaking to the BBC, Dangote said that the building of a new oil refinery in his native country will provide him with the necessary finances to buy
Arsenal after his previous efforts fell through,
‘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,’ he said.
‘We backtracked, because we were very busy doing other things, especially our industrialisation.
‘When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.
American Stan Kroenke and Russian Uzbek Alisher Usmanov are the two major shareholders at Arsenal, owning the rights to 66.64% and 29.11% respectively.
And while Dangote is keen to get his own stake in Arsenal, he also wants the club to change direction.
‘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,’ he said.