Why I didn’t purchase Arsenal – Africa’s richest man Dangote

Why I didn’t buy Arsenal – Africa’s richest man Dangote

Africa’s richest man, Aliko Dangote, has lastly disclosed why he determined to not buy Premier League giants Arsenal, placing an finish to years of hypothesis, Soccernet.ng studies.

For a very long time, rumours swirled that the Nigerian billionaire was set to purchase the North London membership for $2 billion. Nonetheless, the talks finally pale into silence, which left many to surprise what had occurred.

In an interview with Bloomberg’s Francine Lacqua, the Chairman of Dangote Group mirrored on the missed alternative, expressed his remorse but in addition explaining his determination to not proceed with the acquisition. Regardless of this, Dangote stays a devoted fan of the three-time Premier League champions.

“I believe that point has handed. The final time we spoke, I informed you that after I completed with the refinery, I’d attempt to purchase Arsenal,” Dangote shared. “However the concern is that all the pieces has gone up. The golf equipment are all doing properly. Arsenal are doing extraordinarily properly now. At the moment they weren’t doing very properly.”

Dangote defined that the worth tag on soccer golf equipment has soared dramatically, making it impractical for him to spend money on a soccer group on the present valuation.

“I don’t have the sort of extra liquidity wanted to purchase a membership for $4 billion only for promotional functions. I’d somewhat do one thing with the cash. What I’ll do, I’ll proceed to be the largest fan of Arsenal. I watch their video games everytime. I’ll stay a serious supporter of Arsenal however I don’t suppose it is smart at the moment to purchase Arsenal.”

He added, “I remorse not shopping for Arsenal earlier than, however my cash was extra wanted in finishing my tasks on the time. I might have purchased it for $2 billion again then.”

Beneath the management of Spanish supervisor Mikel Arteta, Arsenal has seen a resurgence lately, at the moment competing within the UEFA Champions League and sitting close to the highest of the Premier League desk—a far cry from the struggling group Dangote as soon as thought of buying.

Ayomide Oguntimehin

Ayomide Oguntimehin

Ayomide Oguntimehin is a CAF-accredited sports activities journalist and an Editor at Soccernet.ng, with a confirmed observe report in conducting interviews with Tremendous Eagles stars resembling William Troost-Ekong, Taiwo Awoniyi, Brilliant Osayi-Samuel, Ademola Lookman, and plenty of others. He has additionally made a big influence in breaking switch information tales.

Grounded in video modifying, video journalism, social media administration, and content material technique, Ayomide brings a wealth of experience to his work.

With a Bachelor’s diploma in English Language from Adeyemi Faculty of Schooling and a Grasp’s Diploma in College Library and Media Know-how from the College of Ibadan, Ayomide is well-prepared to excel within the area.

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