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Dangote reveals plans to buy Arsenal

By Daily Sports on August 22, 2017

The richest man in Africa, Aliko Dangote has disclosed that he's plotting a bid to take over English Premier League (EPL) giants Arsenal FC.

The Nigerian billionaire also stated that his first move as Arsenal owner would be to fire the club's long serving head coach Arsene Wenger, who has been in charge of the club since 1996.

"The first thing I would change is the coach. He has done a good job, but someone else should also try his luck," Dangote told Bloomberg.

The Gunners had a disappointing 2016/17 campaign which saw them finish fifth in the league and as a result, they failed to qualify for this season's UEFA Champions League.

However, Arsenal's majority owner Stan Kroenke decided to offer Frenchman Wenger, who last won the EPL title in 2004, a new two-year deal which he signed in May 2017 despite growing calls for him to leave the club.

American billionaire Kroenke rejected a takeover bid from the club's minority shareholder Alisher Usmanov three months ago and he's reportedly unwilling to sell the club.

However, Dangote stated that once he's done with the construction of a new oil refinery in Lagos, Nigeria, he will approach Kroenke about buying the European club.

"If they get the right offer, I'm sure they would walk away. Someone will give them an offer that will make them seriously consider walking away," he said."

And when we finish the refinery, I think we will be in a position to do that.

"Dangote, who is 60, has a net worth of nearly $13 billion compared to the 70-year-old Kroenke's $7.5 billion according to Forbes.

•Photo shows Africa’s richest man, Alh. Aliko Dangote.

Source Daily Sports

Posted August 22, 2017