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Aliko Dangote ready to purchase another club if Arsenal deal fails

Aliko Dangote ready to purchase another club if Arsenal deal fails
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Nigerian billionaire, Aliko Dangote, says he will look for another club to buy if Arsenal’s major shareholder, Stan Kroenke, refuses to sell again.

According to Pulse.ng, an online media outlet, he was quoted as saying this in an interview on an Asian Television, Bloomberg, at an economy forum in Singapore earlier this week.

The Africa’s richest man, who is also a big fan of Arsenal, said he will try his luck again (after several attempts) before trying to hunt for another football club.

I’m very attached to Arsenal but if he (Kroenke) won’t sell, I might have to change. I’m very much a fan of football. I have to have a club. I don’t have to own Arsenal,” Dangote said.

He owns an international firm called Dangote Group, and has a net worth of about $12.5 billion (£9.7 billion).

Dangote is currently constructing an $11 billion (£8.5 billion) oil refinery in Abuja, Nigeria.

He often made several attempts to buy the club in the previous years, but Kroenke showed no interest, and his last approach was in 2017 when he had 67.05% stake, before the major shareholder took full control of the club in August this year.

This year, the billionaire bought an extra 30% stake from the then second shareholder Alisher Usmanov.

According to Forbes magazine, Arsenal is valued at about £2 billion.

 

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newton

A journalist by profession. Did journalism at Malawi Institute of Journalism. Currently working at Malawi Sports as an online sports journalist.