Africa’s Richest Man, Aliko Dangote, Wants to Buy Arsenal!

Aliko Dangote
Aliko Dangote, billionaire and chief executive officer of Dangote Group, speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 - 20. Photographer: Jason Alden/Bloomberg via Getty Images

In the wake of last season’s near fan rebellion, Arsenal minority shareholder Alisher Usmanov tried to buy the club from Stan Kroenke. Just months later, Aliko Dangote now wishes to purchase Arsenal FC.

Aliko Dangote to Buy Arsenal?

Aliko Dangote told Bloomberg he will try to buy the Gunners once his newest oil production facility opens. Africa’s richest man first became an Arsenal supporter in the mid-1980s, and is today worth $11.1 billion, making him almost twice as wealthy as current owner Stan Kroenke.

The oil refinery in question will not open this year, or possibly even next year, meaning that this bid, if it does happen, is still a long ways off. However, Dangote is hopeful that once he does make an offer, the deal will happen.

“If they get the right offer, I’m sure they would walk away. Someone will give them an offer that will make them seriously consider walking away. And when we finish the refinery, I think we will be in a position to do that.”

What’s the first thing he would/will do? Let’s just say he’s in the Wenger Out Brigade!

“The first thing I would change is the coach. He has done a good job, but someone else should also try his luck.”

The Spin

Simply put, this is not happening. Even if Aliko Dangote puts the money on the table, there is the Kroenke factor to deal with. The real estate magnate already rejected a massive offer from Usmanov this year. So, there is little doubt he wants to keep his prized asset.

Even if the Silent One doesn’t really care about winning, let alone winning trophies, Arsenal is still a cash cow for him. The drop to the Europa League hurt, however the money from the television deal is simply too good to walk away from.

Don’t expect to see Kroenke leaving anytime soon.

Main Image Credit:
Embed from Getty Images

Be the first to comment

Leave a Reply

Your email address will not be published.




This site uses Akismet to reduce spam. Learn how your comment data is processed.