Nigerian billionaire Aliko Dangote wants to buy Arsenal

Africa’s richest man, Aliko Dangote. The Nigerian billionaire has expressed interest in buying the Arsenal Football Club.

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.

American Stan Kroenke is Arsenal’s majority shareholder, owning 67.02% of the club’s parent company Arsenal Holdings plc.

Russian-Uzbek Alisher Usmanov owns 30.04% with the remainder of the 62,217 shares held by minority shareholders including former players and the Arsenal Supporters’ Trust, who own three.

Dangote is ranked 67th on the Forbes rich list.

Read more: BBC Sport – Nigerian billionaire Aliko Dangote wants to buy Arsenal