Aliko Dangote wants to buy Arsenal FC

The richest man in Africa, Aliko Dangote, has said he still wants to buy Arsenal despite failing in a 2010 bid to acquire a stake in the club.The businessman who is worth $15.7 billion according to the Bloomberg Billionaires Index revealed that he proposed to buy the club in 2010 before falling out with the officials. The Kano State born billionaire still hopes to own the club one day. He told Bloomber: “I still hope, one day at the right price, that I’ll buy the team. I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.

“We have $16bn-worth [£10.5bn] of investments in the next few years. Right now I want to take my own business to a certain level. Once I finish on that trajectory, then maybe [an offer will follow].” Dangote who is an Arsenal fan also criticised the manager, Arsene Wenger and advised the Frenchman to 'change his style a bit'.

His company, the Dangote Group was established as a small trading firm in 1977 but is today a multi-trillion Naira conglomerate with many of its operations in Benin, Ghana, Nigeria, and Togo. The Dangote Group has expanded to production of food, cement, sugar etc.