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|Dangote Sets To Buy Arsenal by bigerboy200: 1:35pm On Jun 17, 2015|
Africa's richest businessman says he is planning a bid to buy Arsenal.
Nigerian billionaire Aliko Dangote believes the building of an oil refinery in his homeland will give him the finance to secure a takeover.
The 58-year-old, who has an estimated wealth of £11.5bn, says he has supported the Gunners since the 1980s.
"When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for," he told BBC Hausa.
American Stan Kroenke is Arsenal's majority shareholder, owning 66.64% of the club's parent company Arsenal Holdings plc.
Russian-Uzbek Alisher Usmanov owns 29.11% with the remainder of the 62,217 shares held by minority shareholders including former players and the Arsenal Supporters' Trust, who own three.
Dangote is ranked 67th on the Forbes rich list.
He had previously been interested in purchasing the 15.9% stake sold to Kroenke for £123m by Lady Nina Bracewell-Smith in April 2011 only to pull out.
"There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill," Dangote added.
"We backtracked, because we were very busy doing other things, especially our industrialisation."
Dangote believes Arsenal require a different ownership in order to be more successful on the pitch.
He added: "They are doing well, but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them."
|Re: Dangote Sets To Buy Arsenal by INTERMAN: 1:38pm On Jun 17, 2015|
The money he would have used to buy arsenal shld have been used in developing our local league here.
|Re: Dangote Sets To Buy Arsenal by levelss(m): 1:39pm On Jun 17, 2015|
First to comment. I dedicate Dis to all the Arsenal fans in the house.
|Re: Dangote Sets To Buy Arsenal by bigerboy200: 1:42pm On Jun 17, 2015|
He is buying Arsenal as one of is numerous business ventures..There is absolutely no profit in the local league(in fact u'll incure massive loss due to the endemic corruption in the league) ..all a business man wants is profit and u can be sure Arsenal is all about profit making..
|Re: Dangote Sets To Buy Arsenal by morefire: 1:44pm On Jun 17, 2015|
when you make your own money you can put it in the nigeria league you hear
|Re: Dangote Sets To Buy Arsenal by INTERMAN: 1:57pm On Jun 17, 2015|
|Re: Dangote Sets To Buy Arsenal by INTERMAN: 2:00pm On Jun 17, 2015|
levelss:u beta shine you eyes. first comment biti bawo. U no see INTERNATIONAL MAN up there ni. I don pupu for ur head finish.
|Re: Dangote Sets To Buy Arsenal by Rikidony(m): 2:03pm On Jun 17, 2015|
I can see why he drop down from 22 position to 67 in the rich list, he keeps spending money on business of no return,
Dafuq with Arsenal, better and more prosperous clubs are around bid for them.
|Re: Dangote Sets To Buy Arsenal by Nobody: 2:04pm On Jun 17, 2015|
If Dangote buy Arsenal, na him be say Arsenal preseason go be to dey offload Sugar and Cement for him factories for Naija.
|Re: Dangote Sets To Buy Arsenal by bigerboy200: 2:36pm On Jun 17, 2015|
Rikidony:better and prsoperous clubs around?? Like which and which?
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