Africa’s richest man Aliko Dangote has said he will buy Arsenal FC within “three to four years”.
Dangote had made to buy the North London club last year but the deal fell through.
He is reportedly worth $10.9 billion. He was said to have lost around $4.4 billion this year due to the country’s economic recession.
The Eagle Online reports that when asked in an interview with Bloomberg Television when he hopes to buy the Gunners, Dangote said: “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.
“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.”
American Stan Kroenke is the majority shareholder at Arsenal, owning 67.05 per cent of the club.