Friday 20 October 2017

Nigerian billionaire wants to buy Arsenal and that could be bad for Arsene Wenger

The Emirates Stadium
The Emirates Stadium
Independent.ie Newsdesk

A Nigerian billionaire has revealed that he wants to but Arsenal and give the Londoners a “new direction”.

Africa's richest man, Aliko Dangote, tried and failed to buy a stake in the club in 2010 but since then his wealth has exploded to eight times as much as it was five years ago.

 “I still hope, one day at the right price, that I’ll buy the team,” Dangote told Bloomberg.

“I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”

Any takeover from the 58-year-old could spell bad news for manager Arsene Wenger as Dangote has publicly stated that Wenger “needs to change his style a bit” and that the team needs a “new direction”.

Dangote is worth over $15billion but is an imminent takeover bid for Arsenal on the cards?

 “We have $16 billion-worth of investments in the next few years,” he said. “Right now I want to take my own business to a certain level. Once I finish on that trajectory, then maybe.”

Stan Kroenke is the majority shareholder at the Gunners and it is believed he has no interest in selling.

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