Home Gist FOOTBALL: Dangote Renews Interest in Arsenal Takeover

FOOTBALL: Dangote Renews Interest in Arsenal Takeover

Africa’s richest man Aliko Dangote has once again renewed his interest in buying Arsenal Football Club, for which he has set a target must-buy date in 2021.

In an interview with Bloomberg, broadcast on the most recent edition The David Rubinstein Show, Dangote – who has an estimated net worth of $14.1bn – reiterates his intentions for the Premier League outfit.

“It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on.

“I’m trying to finish building the company and then after we finish, maybe some time in 2021 we can.

“I’m not buying Arsenal right now, I’m buying Arsenal when I finish all these projects, because I’m trying to take the company to the next level.”

Arsenal are currently owned by Stan Kroenke, through his Kroenke Sports & Entertainment group, with the American having come in for widespread criticism in recent years.

During the last five years, the 62 year-old Dangote has made separate claims, on no less than five occasions, about his interest in leading an Emirates takeover.

Dangote, who is the 96th wealthiest man in the world, according to Bloomberg’s Billionaire’s Index, started his first business at the age of 21 and also founded Africa’s largest cement provider, stated in 2018 his desire to make a move for the North London club in 2020.

“We will go after Arsenal from 2020… even if somebody buys, we will still go after it,” he told Reuters in 2018.

Now he has altered his plans, amid a delay with his Dangote Refinery project.

The Dangote Refinery remains under construction in the remote Ibeju-Lekki suburb of Lagos and is expected to be one of the world’s largest oil refineries once complete.

*Originally reported by Mirror of London

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Coronavirus Threatens Liquidity of States – Nigerian Governors

The Nigeria Governors’ Forum (NGF) has called for urgent fiscal measures to safeguard liquidity of state governments as the country continues with efforts to...

Coronavirus Tests of Sanwo-Olu, Family, Aides Released

Lagos State Governor, Babajide Sanwo-Olu, his wife, Ibijoke and other members of his immediate family have tested negative for Coronavirus. There have been fears that...

Couple Names Twin Babies Corona And Covid

An Indian couple have done the unthinkable by naming their newborn twins as Corona and Covid, names connected with the pandemic raging in the...

Spain Sets World Record With 950 Coronavirus Deaths in One Day

Spain said on Thursday, that it recorded 950 people dying in last 24 hours, the highest number of deaths of any country in one...

Nigeria Government Begins Distribution of N20,000 Relief Fund to Homes

The Nigeria Government on Wednesday commenced the disbursement of N20,000 Conditional Cash Transfer to poor homes in the country. Speaking at the commencement of the...