Africa’s richest man confirms interest in buying Arsenal

Nigerian billionaire Aliko Dangote, who is Africa’s richest man, has said he still wants to buy Arsenal despite failing in a 2010 bid to acquire a stake in the London club.


Nigerian billionaire Aliko Dangote speaks during the first plenary session of the World Economic Forum (WEF) in Abuja May 8, 2014.

According to Bloomberg, the 58-year-old is now worth eight times as much as when he tried to buy into the Gunners.

“I still hope, one day at the right price, that I’ll buy the team,” he told business website.

“I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”

Interestingly, Dangote has publically stated that Arsene Wenger “needs to change his style a bit,” claiming the team “need new direction.”

Valued at over $15 billion, is worth more than both Arsenal majority shareholder Stan Kroenke and Uzbek Billionaire Alisher Usmanov, who have been fighting for control at the Emirates in recent years.

However, Majority owner Kroenke recently bought more shares in Arsenal, and is not believed to have any interest in selling the club.