Dangote Hints At Buying Arsenal In 2021

Africa’s richest man, Aliko Dangote gave a subtle hint about buying North London club, Arsenal.

The billionaire reaveled his utmost intent about taking over the Emirates but insist that would only come after rounding up projects he has at hand.

The Nigerian businessman has hinted that he could buy the North London club in 2021, if his company completes the billion dollar projects they are undertaking in record time.

Dangote established the Dangote group in 1981, a company that has pushed itself to the forefront of business enterprises in West Africa. Indeed, it is the biggest conglomerate in West Africa. The company are into the production and manufacturing of consumer goods like cement, sugar, flour, rice and fisheries.

The 62-year-old has a networth of more than $11 billion and has in the past, being linked with taking over Arsenal. The North London club is currently owned by Kroenke Sports & Entertainment.

Stan Kroenke remains the largest shareholder at Arsenal, but Dangote could be set to buy out the investor should he complete the production of his world’s largest single-track refinery to be built in Lekki, Lagos.

“It is a team that, yes, I would like to buy someday, but what I keep saying is we have $20 billion (£15 billion) worth of projects and that’s what I really want to concentrate on,” Dangote told the David Rubenstein Show.

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“I’m trying to finish building the company and then, after we finish, maybe sometime in 2021 we can.

“I’m not buying Arsenal right now, I’m buying Arsenal when I finish all these projects because I’m trying to take the company to the next level.”

Arsenal are currently in the middle of a transitional change having seen Unai Emery give way for new manager, Mikel Arteta.

The Gunners however took some time in replacing Emery with his former assistant, Ljunberg filling in the gap during that period.

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