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Dangote Prepares Bid For Arsenal and Another Club

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Africa’s richest man, Aliko Dangote has disclosed that he will consider buying another football club if Stan Kroenke decides to decline an offer to sell. Dangote who is a fan of The Gunners has repeatedly voiced his desire to acquire the club on many occasions.

Last year, the billionaire reiterated his future takeover plans, stating that he will launch a bid when he completes his giant oil refinery project in Lagos.

“If they 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,” Dangote said in August 2017.

“And when we finish the refinery, I think we will be in a position to do that.”

In July, he revealed that he would be ready to launch a bid for the North London side in two years time: “We will go after Arsenal from 2020, even if somebody buys, we will still go after it.”

In an interview with Bloomberg TV on Tuesday, he made it known that he may have to consider buying another club if he faces serious opposition from Kroenke, who recently took full charge of Arsenal after a fracas with Alisher Usmanov, the former co-owner.

“I’m very attached to Arsenal but if he won’t sell, I might have to change,” said Dangote.

“I’m very much a fan of football. I’ll like to have a club. I don’t have to own Arsenal.”

“By the time we’ve finished [the oil refinery], we’ll be a $30bn [£22.8bn] company in terms of revenue.”

Dangote who is worth $11.1 billion, believes he will be more than capable of buying Arsenal in early 2020 after the completion of his refineries which will be one of the world’s biggest.

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