Arsenal takeover: Africa’s richest man Aliko Dangote planning to buy Gunners within four years

AFRICA’s richest man is planning to buy Arsenal within four years.

Aliko Dangote – who is said to be worth £8.3billion – revealed his intentions to purchase the Premier League giants last year.

Aliko Dangote is worth an estimated £83.9billion and is Africa's richest man

Aliko Dangote is worth an estimated £8.3billion and is Africa’s richest man
Aliko Dangote has said he wants to buy Arsenal within four years

Aliko Dangote has said he wants to buy Arsenal within four years

Arsenal beat Hull 4-1 with Alexis Sanchez grabbing two goals and missing a pen

Dangote told Bloomberg: “Maybe three to four years. The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.”

Most of Dangote’s vast wealth is tied up in Lagos-based Dangote Cement Plc – whose stock is down 4.7 per cent on last year.

That means Gunners fans Dangote has lost £3.3billion this year due to the falling value of the Nigerian currency.

Dangote added: “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.”

The Sun

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