23 September 2016
Nigeria’s and Africa’s richest man, Aliko Dangote, says he is still interested in buying English Premier League side, Arsenal.
Having failed in his bid to buy the London side in 2015, Dangote told Bloomberg Television that he would give the bid another go in three to years time.
Dangote, 58, who is currently worth an estimated $10.9 billion after a little dip in his fortune, stressed that there was no doubt that he was still interested in the deal.
Explaining why he’s taking his time to resume his pursuit of the Gunners, Dangote said: “The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.
“Right now, with what we’re facing; over $20 billion of projects, I cannot do both.”
Dangote is currently deeply involved in oil and gas projects including the setting up of a refinery
On his vision for Arsenal on getting the deal sealed, he said: “It’s not about buying Arsenal and just continuing with business as usual. It’s about buying Arsenal and turning it around.”
“I’ve run a very successful businesses and I think I can also run a very successful team,” he said.
American businessman, Stan Kroenke, currently owns 67 per cent as majority shareholder of Arsenal.
He paid 368,000 Pounds Sterling in May for additional 23 shares to reach his current shareholding of 41,721 shares.
Kroenke, who also owns the NFL’s Los Angeles Rams, has been Arsenal’s majority shareholder since 2011.