Africa's richest businessman says he is planning a bid to buy Arsenal. Nigerian billionaire Aliko Dangote believes the building of an oi...
Africa's richest businessman says he is planning a bid to buy Arsenal.
Nigerian billionaire Aliko Dangote believes the building of an oil refinery in his homeland will give him the finance to secure a takeover.
The 58-year-old, who has an estimated wealth of £11.5bn, says he has supported the Gunners since the 1980s.
"When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for," he told BBC Hausa.
Dangote is ranked 67th on the Forbes rich list.
He had previously been interested in purchasing the 15.9% stake sold to Kroenke for £123m by Lady Nina Bracewell-Smith in April 2011 only to pull out.
Dangote believes Arsenal require a different ownership in order to be more successful on the pitch.
He added: "They are doing well, but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them."
See some twitter reactions to the news,
Nigerian billionaire Aliko Dangote, speaks to the BBCs Yusuf Yakasai about his wish to buy Arsenal FC .http://t.co/bGmsPCH1Z5— BBC Africa (@BBCAfrica) June 16, 2015
@MirrorFootball taking their own riches and resources to invest in europe while leaving unspeakable poverty at their homes. OH! Africa.— Faysal King (@Inspired_King) June 17, 2015