Whispers Report: Dangote Set To Buy Arsenal FC

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Africa’s richest man, Aliko Dangote still has Arsenal FC on his radar as he looks to secure his favorite Club.  Aliko Dangote who often stated his stance on being a Gunnar fan, recently provided an update on his plans to launch a takeover bid of the Premier League club. It seems he may be waiting for some personal projects to be complete before launching a takeover bid. It is reported that  2020 is the year he would make his move which he made known in an interview back in 2018.

Nigerian billionaire Aliko Dangote has claimed he still plans to launch an Arsenal takeover bid. He hinted it could possibly happen in 2021. Dangote, 62, is Africa’s richest man and ranks at number 136 on the Forbes rich list, thanks to his 85% ownership of the publicly traded Dangote Cement and stakes in publicly-traded salt, sugar and flour manufacturing companies.

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The Arsenal fan has often discussed his wish to one day buy and own the club fully, from Stan Kroenke and he has now placed a timeline on his plans. Speaking on the David Rubenstein Show in America, in an interview recorded in September, Dangote said: “It is a team that yes I would like to buy some day. But what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on. I’m trying to finish building the company and then after we finish, maybe some time in 2021 we can.” 

He also chimed in, “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.”

Dangote is currently working on one Aftica’s Biggest project as he is inthe process of building the Dangote Refinery. According Forbes,  the refinery will become one of the world’s largest oil refineries once complete having been in construction for three years and set to launch in September 2020.

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