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Aliko Dangote Says He Plans To Buy Arsenal ‘Within Four Years’

Posted by on September 23, 2016.

Africa’s richest man Aliko Dangote has reiterated his intention to buy Arsenal, but insists any takeover will take “three to four years”.

The 59-year-old, a lifelong Arsenal fan who has a net worth of $16.7bn (£12.86bn) has previously stated his plans to purchase the Premier League club, but will wait for gas and oil investments to develop before focusing his efforts on North London.

“Maybe three to four years,” he told Bloomberg TV. “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. 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 business and I think I can also run a very successful team. Right now, with what we’re facing, over $20bn of projects, I cannot do both.”

Dangote believes his success in the business world, despite the loss of $4.4bn this year due largely to the depreciation of Nigeria’s currency, proves he is the right man to transform Arsenal’s fortunes, after years of relative stagnation under Kroenke and manager Arsene Wenger.

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11 Responses

  1. I think its a good idea,i would love to play for small amount weekly when u succeed in buying arsenal fc.

    by Godswill r.edet on Sep 23, 2016 at 1:22 pm

  2. buy am den sack wenger

    by one nation on Sep 23, 2016 at 2:40 pm

  3. Pls buy

    by John mfon on Sep 23, 2016 at 3:03 pm

  4. goodluk to u

    by jeny on Sep 23, 2016 at 3:32 pm

  5. he should just use the money in developing a Nigeria club rather than buying an already big team

    by prince on Sep 23, 2016 at 9:04 pm

  6. Rubbish

    by Isoji on Sep 23, 2016 at 9:41 pm

  7. it’s better he spent that money on Nigeria, because Nigeria is yet to have a shape much more good shape

    by famous on Sep 24, 2016 at 6:47 am

  8. Iffa hear, who dey talk rubbish sey make he use am for nigeria, shey he borrow money for buhari hand ni, abi dangote na politician

    by Real on Sep 24, 2016 at 12:30 pm

  9. dangote fastooooh

    by henry on Sep 25, 2016 at 10:13 am

  10. DANGOTE U B BIG FOOL U TINK SAY OYIBO PEOPLE NO GET SENSE LIK U DORRRRRRRR

    by NOBLE on Sep 25, 2016 at 11:35 am

  11. If you can do it. If you can’t leave it.

    by Almustafar on Oct 22, 2016 at 6:03 pm

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