Africa’s richest man, Aliko Dangote says he will consider buying another football club if Premier League side Arsenal are not willing to sell to him.

Dangote – a staunch supporter of ‘The Gunners’ – has been nursing the ambition of buying Arsenal for years. He says he’ll make a move only after he has completed one of the world’s biggest oil refineries situated in Lagos.

The Chairman of Dangote Cement discusses his options for purchasing a football club with Bloomberg’s Francine Lacqua from the Bloomberg New Economy Forum in Singapore on “Bloomberg Surveillance.”

“By the time we’ve finished, we’ll be a $30bn company in terms of revenue.”

LONDON, ENGLAND – DECEMBER 21: Theo Walcott of Arsenal celebrates scoring his team’s first goal with team mates during the Barclays Premier League match between Arsenal and Manchester City at Emirates Stadium on December 21, 2015 in London, England. (Photo by Clive Rose/Getty Images)

He continues: “We’ll have an excess amount of cash to start playing around with.

“I’m very attached to Arsenal but if he (Stan Kroenke) won’t sell, I might have to change,” says Dangote, 61 years old and worth $11.1bn. “I’m very much a fan of football. I’ll like to have a club. I don’t have to own Arsenal.”

Dangote has been a fan of Arsenal for more than 30 years.

“I have been a supporter of the team since the Eighties. My love for Arsenal dates back to when I went to watch them play with the-then largest shareholder, David Dein. I developed a likeness for the team and I have been a supporter of the team since then. So it is not overnight stuff,” Dangote states publicly in 2015.

As of 19 May 2017, the largest shareholder in Arsenal is Stan Kroenke , owner of Kroenke Sports Enterprises (KSE), who owns 41,721 shares (67.05%).

 

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