Why I Want To Buy Arsenal In 2019 - Dangote | Nigeria News Today. Your online Nigerian Newspaper

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Africa’s richest man, Nigerian businessman Aliko Dangote, has reiterated his plans to buy Premier League club Arsenal.


Dangote, worth $10.9 billion according to the Bloomberg Billionaires Index, had said last year he would make a bid for the top English club but has now said he will wait for his business prospects to improve before putting his plans into fruition.

“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 told Bloomberg Television in New York on Wednesday night.

Bloomberg reports that Dangote, an Arsenal fan, has lost $4.4 billion this year, the fourth most of anyone globally, due mainly to the depreciation of the naira.

An acquisition of the team would make him the first African owner of a team in England’s Premier League.

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

“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 $20 billion of projects, I cannot do both.”

Arsenal’s majority shareholder is currently American billionaire businessman Stan Kroenke who owns 67 per cent of the club.

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  1. The typical Nigerian mentality. Dangote became the richest man in Africa with his Nigerian business and Nigerians patronizing his business yet he is giving nothing back. he has no support for the youth in the form of sports. The Nigerian Olympic team where hungry what did he do.

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  2. Lool this man just wants to sack Wenger hahahahahaha. Am sure that will be his first instruction once he buys the club

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  3. And this is the man that said Nigerian govt should sell its priced assets to someone like him .he is not thinking of Nigerian growth why didn't he but kano pillars or sponsor one national team

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  4. Hmmmm I think is high time we start appreciating our own just like The White do, if Dangote can succeed to buy Asrsenal is a good one and history breaking news for us Naija

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