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| Aliko Dangote - Africa's Richest Man |
Africa's richest man has admitted that he still wants to buy Arsenal, despite failing with a bid to buy the club in 2010.
Nigerian commodities businessman Aliko Dangote is worth an estimated $15.7billion (£10.38bn), far in excess of current Arsenal majority shareholder Stan Kroenke (£3.7bn) and minority owner Alisher Usmanov (£9.65bn).
“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.”
Arsenal are currently valued at just shy of £1bn, £988m, and look on course to finish in second in the Premier League this season.
If a deal ever did go through, Dangote would become the first African owner of a Premier League club. In 2010, Dangote had made attempts to acquire a stake in the English club but discussions broke down.
According to the Bloomberg Billionaires Index, Dangote is worth three times more than the current major shareholder at Arsenal, Stan Kroenke.
Dangote is an Arsenal fan but has criticised Arsene Wenger, claiming that the 65-year-old "needs to change his style a bit" and warning that the club "need new direction".
Dangote, who has made his fortune through various operations including cement manufacturing, sugar supply and oil investments, says that he will concentrate on expanding his own business before launching a new offer for Arsenal.
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