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|*africa's Richest Man Aliko Dangote Plots Arsenal Takeover Within Four Years* by soccerecho(m): 5:00pm On Sep 23, 2016|
The 59-year-old, a self-professed Gunners fan, will become the first African owner of a Premier League club if his takeover bid is successful
*_Business magnate Aliko Dangote wants to buy Arsenal_*
Aliko Dangote , a successful Nigerian businessman with a reported worth of $10.9billion, outlined his plans in an interview with Bloomberg Television in New York on Wednesday.
The 59-year-old, a self-professed Arsenal supporter, will become the first African owner of a Premier League club if his takeover bid is successful.
However, after losing $4.4billion this year mainly due to the depreciation of Nigeria's currency, he is waiting for his finances to improve before attempting to buy the club.
“It’s not about buying Arsenal and just continuing with business as usual,”
“It’s about buying Arsenal and turning it around. I’ve run a very successful business and I think I can also run a very successful team."
"Right now, with what we’re facing, over $20 billion of projects, I cannot do both.”
Stan Kroenke, Arsenal's current majority shareholder with a 66% stake in the club, has an estimated worth of $8billion.
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