Done Deal: Africa’s Richest Man Dangote To Be The Sole Proprietor Of Arsenal

Aliko Dangote & Arsenal

Before Arsenal fans get too excited, we’ve been here before.

It feels like every year Bloomberg get to conduct an interview with Nigerian billionaire Aliko Dangote, Africa’s richest man, and every year Dangote confirms he’s interested in buying the Gunners.

Aliko Dangote is a cement and commodities tycoon, who’s is valued at $10.9 billion according to the Bloomberg Billionaires Index.

Dangote originally attempted to buy Arsenal back in 2010, however that bid never came to fruition.

In May 2015, Bloomberg spoke with Dangote about the Gunners, and he said the following:

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.

Four year plan

This week Dangote has again spoken to Bloomberg and the news outlet has released an article titled: “Richest African Dangote Plans to Buy Arsenal in Four Years”.

In the article, it was reported:

“There’s no doubt” he’ll buy Arsenal and “it’s not a problem” of money, Dangote said in an interview with Bloomberg Television in New York on Wednesday. “Maybe three to four years. 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.”

American billionaire Stan Kroenke is currently the controlling shareholder at Arsenal with a 67% stake in the club.

Red & White Sec Ltd., controlled by Uzbek billionaire Alisher Usmanov and Farhad Moshiri, are the second biggest shareholders with 30% of the Gunners.

Article credit: Greatgoal


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