Nigerian Billionaire Aliko Dangote Interested in Buying Arsenal FC


For African Arsenal fans this will be something like a dream come true. Word has it that Nigerian billionaire, Aliko Dangote is very keen on buying Arsenal FC.

Aliko Dangote, worth an estimated $15.7billion (£10.38bn), had already made a bid in 2010, but failed at the time. He is currently worth more than the current Arsenal majority shareholder Stan Kroenke (£3.7bn) and minority owner Alisher Usmanov (£9.65bn). If the deal were to work, he’d be the first African to own a Premiere League club.

“I still hope, one day at the right price, that I’ll buy the team,” Dangote told Bloomberg. “I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”

Arsenal are currently valued at £988m, and by many accounts have had a good premiere league season albeit losing the title to Chelsea by at least 10 points.

Dangote has previously stated that Arsenal manager, Arsene Wenger “needs to change his style a bit”.


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