Breaking: Nigeria Billionaire Set To BUY Arsenal Soon, Deal Already In Place

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Africa’s richest man Aliko Dangote is planning to buy Arsenal within four years, according to the Mirror.

The Business tycoon is a fan of the Gunners and he has now revealed his desire to acquire the club in the future.

The Nigerian who is worth around £8.3billion told bloomberg of his intentions to buy the club.

“Maybe three to four years,” he told Bloomberg. “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. It’s not about buying Arsenal and just continuing with business as usual.

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

The billionaire also revealed he tried to buy the club in 2011 but withdrew his interest because the price quoted was too much. However, upon the completion of an oil refinery which he intends to build in Nigeria, Dangote believes he will have more funds to secure the purchase of the club.

“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for,” he told BBC Hausa.

“There were a couple of us who were rushing to buy [in 2011], and we thought with the prices then, the people who were interested in selling were trying to go for a kill,” Dangote added.

“We backtracked, because we were very busy doing other things, especially our industrialisation.”

It is not just about buying a football club, it is also about investing in the club and having a successful business model for the club to run, Arsenal fans have been calling for the club to change it’s approach in the transfer market and if a new owner is needed to change that, the Gooners will surely back the takeover.


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