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Home News

Dangote releases template as he inches towards buying Arsenal FC

by Abdulrahman Abdullahi
February 26, 2021
in News
Reading Time: 2 mins read
0
Aliko Dangote Foundation to Feed 1 Million Malnourished Children
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By Abdulrahman Abdullahi

Arsenal for a number of years have been linked with Nigerian billionaire Aliko Dangote, who has never shied away from his desire to buy the club.

Now, developments are starting to take shape

The main caveat to Dangote’s bid to buy the Gunners has been the fact that he needs to free himself of delivering a brand-new oil refinery in his home country – one that will be the largest in the world, AllArsenal website reported.

The latest is that this could be completed in the coming month for commissioning in 2022.

Dangote is the 206th richest man in the world with a fortune of over £11billion.

In some of the quotes carried via Football.London, Aliko Dangote outlined the steps that would be needed to buy Arsenal and that money is not an issue.

“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.

“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 $20billion of projects, I cannot do both.

“There’s no doubt [I’ll buy Arsenal], it’s not a problem of money,” Dangote explained.

It could be an interesting few months for Arsenal if talk materialises into actual takeover money on the table.

Tags: Arsenal FCDangote

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