Dangote Eyes Arsenal Takeover

Nigerian billionaire and Africa’s richest man, Aliko Dangote says he still wants to buy Arsenal despite failing in a 2010 bid to acquire a stake in the club.

According to Bloomberg.com, the passionate Gunners fan has not given up on his dream of getting involved with the north London club.

Dangote told Bloomberg: “I still hope, one day at the right price, that I’ll buy the team.

“I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy,” Dangote stated.

“We have $16 billion-worth of investments in the next few years,” he said. “Right now I want to take my own business to a certain level. Once I finish on that trajectory, then maybe” an offer will follow.

Arsenal is currently valued at £988m ($1.49 billon) on the ICAP Securities & Derivatives Exchange.

Dangote is worth $15.7 billion, according to the Bloomberg Billionaires Index.

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