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Aliko Dangote To Buy Arsenal Football Club - Politics - Nairaland

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Aliko Dangote To Buy Arsenal Football Club by Foxflames: 1:42pm On May 06, 2015
Africa's richest man may be the next owner of Arsenal football club.

That's the hint from a Bloomberg interview with Aliko Dangote, the commodities colossus with a net worth estimated at $15.7 billion (£10.38 billion).

Here he is in Bloomberg:

"I still hope, one day at the right price, that I’ll buy the team," Dangote, 58, said in an interview as he traveled on a plane owned by one of his companies between the Ethiopian capital Addis Ababa and the Nigerian commercial hub of Lagos on May 1. "I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy."

He's got business interests in plenty of African countries, and across a broad range of commodities — and could easily prove to be Arsenal's answer to Chelsea's Roman Abramovich.

Dangote has reportedly mounted an attempt to buy the club previously. In 2010, it was widely rumoured that he had offered to buy Lady Nina Bracewell-Smith's 15.9% stake in the club. Back then, Forbes suggested he had a fortune of around $3.3 billion (£2.18 billion), far less than he does now. He could now mount a much larger bid if he wanted.

He said he has too many other investments to keep an eye on for the moment, precluding an immediate takeover. He's not alone in his fondness for the north London club: Nigeria has a soft spot for Arsenal as a team in general.

There are some similarities between Arsenal and the Nigerian economy: Both are powerful forces that regularly promise great things, but seem to constantly fall short.

Dangote has successfully navigated one, could he manage the other?



Read more: http://uk.businessinsider.com/africas-richest-man-aliko-dangote-wants-to-buy-arsenal-2015-5#ixzz3ZMU5nKvy
Re: Aliko Dangote To Buy Arsenal Football Club by Abduljohn(m): 2:13pm On May 06, 2015
How i wish he can use d money to develop Nigeria league becos i don't knw d economic value it ll ve rather to d benefit of expatriate
Re: Aliko Dangote To Buy Arsenal Football Club by Nobody: 2:26pm On May 06, 2015
There are some similarities between Arsenal and the Nigerian economy: Both are powerful forces that regularly promise great things, but seem to constantly fall short.
Arsenal una see una life? cheesy cheesy cheesy

Barcelona is the USA of Football...

#EternalSuperGiant
Re: Aliko Dangote To Buy Arsenal Football Club by Chubhie: 2:37pm On May 06, 2015
I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.
Dangote wants to make Arsenal an offer they can't refuse. Imagine a Mafia with Dangote at the Apex flanked by Niger Delta militants and Boko as foot soldiers- negotiations comes easy.

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