Africa’s richest Aliko Dangote plans to buy Arsenal

Africa’s richest Aliko Dangote plans to buy Arsenal in four years,

Africa and Nigeria’s richest man Aliko Dangote,has clearly re-stated his plans to buy London-based professional football club ‘Arsenal’, in four years time.

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In an interview with Bloomberg TV in New York on Wednesday, Dangote stated that there’s no doubt he’ll buy Arsenal and it’s not a problem of money.

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“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.”
Dangote, reportedly worth around £8.3billion, announced his intention to buy Arsenal last year.

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But his business prospects needs to improve and investments in gas pipelines/oil refinery have to to pay off before making the expensive acquisition.

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“It’s not about buying Arsenal and just continuing with business as usual,” he said. “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.

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“Right now, with what we’re facing, over $20 billion of projects, I cannot do both.”