Dangote Reveal What He Would Do When He Buys Arsenal

Says he would delve into sports soonest

Aliko Dangote still out to buy Arsenal. CREDIT: Talk Glitz Media
Aliko Dangote still out to buy Arsenal. CREDIT: Talk Glitz Media

On his yacht in Lagos, Africa’s richest man, Aliko Dangote, talks about his dream of buying English clubside, Arsenal.

The multi-billionaire speaks with David Piling in a Financial Times interview, Lunch with FT.

Dangote is not a man known to give up on his dreams, and his dreams about Arsenal Football Club will not be different, he reveals.

“I love Arsenal and I will definitely go for it,” he tells FT. The 61 year old adds: ‘That the club should be worth about $2bn’.

If he eventually becomes the owner of the club, Dangote says he would involve himself in rebuilding the team — “chipping in my own advice”.

“When I buy it, I have to bring it up to the expectations of our supporters,” he says, stating that his refinery is priority now. “Once I have finished with that headache, I will take on football,” he concludes.

In 2017, in an interview he gave to Bloomberg, Dangote says: “If they (Arsenal present owners) 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. And when we finish the refinery, I think we will be in a position to do that,” the business mogul notes.

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)

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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