Africa’s richest man, Aliko Dangote, has finally disclosed why he decided not to purchase Premier League giants Arsenal, putting an end to years of speculation, Soccernet.ng reports.
For a long time, rumours swirled that the Nigerian billionaire was set to buy the North London club for $2 billion. However, the talks eventually faded into silence, which left many to wonder what had happened.
In an interview with Bloomberg’s Francine Lacqua, the Chairman of Dangote Group reflected on the missed opportunity, expressed his regret but also explaining his decision not to proceed with the acquisition. Despite this, Dangote remains a dedicated fan of the three-time Premier League champions.
“I think that time has passed. The last time we spoke, I told you that once I finished with the refinery, I would try to buy Arsenal,” Dangote shared. “But the issue is that everything has gone up. The clubs are all doing well. Arsenal are doing extremely well now. At that time they were not doing very well.”
Dangote explained that the price tag on football clubs has soared dramatically, making it impractical for him to invest in a football team at the current valuation.
“I don’t have the kind of excess liquidity needed to buy a club for $4 billion just for promotional purposes. I would rather do something with the money. What I’ll do, I will continue to be the biggest fan of Arsenal. I watch their games everytime. I will remain a major supporter of Arsenal but I don’t think it makes sense today to buy Arsenal.”
He added, “I regret not buying Arsenal before, but my money was more needed in completing my projects at the time. I could have bought it for $2 billion back then.”
Under the leadership of Spanish manager Mikel Arteta, Arsenal has seen a resurgence in recent years, currently competing in the UEFA Champions League and sitting near the top of the Premier League table—a far cry from the struggling team Dangote once considered purchasing.
Trabzonspor's bid to secure Nigerian international Bruno Onyemaechi from Portuguese side Boavista has reportedly stalled… Read More
Nigeria-eligible Chelsea midfielder, Carney Chibueze Chukwuemeka, is nearing a move to Bundesliga giants, Borussia Dortmund,… Read More
View Comments
The resources on mcedit.org are incredibly valuable for anyone interested in mastering editing skills. The tutorials are well-structured and easy to follow, making learning enjoyable. I appreciate the practical tips shared, which have significantly improved my editing workflow. This site has become an essential tool for my professional development.
Kdiff3.com excels in providing in-depth analyses of various topics. The articles are well-researched and thought-provoking, prompting me to think critically about the subject matter. I particularly enjoyed the way complex ideas are broken down into digestible pieces, making them easier to understand and apply in real-life scenarios.
I love using MPP Viewer for its straightforward approach to handling MPP files. The website's intuitive design makes it easy for users of all levels to navigate. I appreciate the quick load times and reliable performance, which make viewing project details a breeze. Highly recommended for project managers everywhere!
Great insights! Appreciate your thorough research and practical tips.
Making money online more than $15k just by doing simple work from home. i have received $18376 last month. its an easy and simple job to do and its earnings are much better than regular office job and even a little child can do this and earns money. everybody must try this job by just use the info on this page...
COPY HERE➤➤ WorkHighs.Com