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Africa’s richest man and Nigerian billionaire, Aliko Dangote has reconfirmed his interest in buying English Premier League Club, Arsenal. In an interview with Bloomberg, the business tycoon who is valued at around $15.7 billion, said he still hopes to buy the North London club despite his failed bid in 2010. “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. “We have $16 billion worth of investments in the next few years. Right now, I want to take my own business to a certain level. Once I finish on that trajectory, then maybe, I’ll bid again for Arsenal,” the 58-year-old told Bloomberg. American billionaire, Stan Kroenke, is currently the biggest shareholder at Arsenal with a 67% stake in the club followed by Red and White Securities Ltd., controlled by Uzbek billionaire, Alisher Usmanov and Farhad Moshiri, with 30% stake. Dangote is an ardent supporter of Arsenal but criticised coach Arsene Wenger’s methods saying the French tactician “needs to change his style a bit” and warning that the club “needs new direction”.
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This article was first published on 6th May 2015

arinzeude

Arinze Ude is a PhD Student at the University of the West of England Bristol, UK, where he's exploring on the mechanisms of donor cell leukaemia. He shares his deep thoughts on his blog and the Naked Convos. He is keen to promote personal development of the Nigerian youth via thought-provoking articles.

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