Showing posts with label Africa’s Richest Man. Show all posts
Showing posts with label Africa’s Richest Man. Show all posts

Wednesday, May 6, 2015

#BBB NEWS| Africa’s Richest Man, Aliko Dangote Insists On Buying Arsenal FC

Africa’s richest man, Aliko Dangote, has said he is still working towards buying Arsenal Football Club, despite the fact that his bid to acquire a stake in the club was rebuffed by the owners in 2010.

In an interview with Bloomberg, while on a journey from Addis Ababa to Lagos last Friday, Dangote expressed hope that his new strategy would enable him buy the north London club at a price the owners won’t want to resist.

He said, “I still hope, one day at the right price, that I’ll buy the team. I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy,” Dangote, a known fan of the north London club, said.

Dangote is rated to be worth $15.7bn, and has interests in cement, sugar and flour. He is currently investing $11bn in a 650,000 barrel-a-day oil refinery in Ondo State, and $2.5bn in gas pipelines running from the Niger-Delta area to Lagos.