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Aliko Dangote Unveils Strategy To Buy Arsenal, Criticizes Arsene Wenger - Sports - Nairaland

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Aliko Dangote Unveils Strategy To Buy Arsenal, Criticizes Arsene Wenger by greghamite: 11:31am On May 05, 2015
By TEMILADE ENIOLA



Not deterred by a failed attempt in 2010, Africa’s richest man, Aliko Dangote, said he still wants to buy English Premier League soccer team Arsenal.

“I still hope, one day at the right price, that I’ll buy the team,” Dangote, 58, said in an interview with Bloomberg as he traveled on a plane owned by one of his companies between the Ethiopian capital Addis Ababa and the Nigerian commercial hub of Lagos on May 1.

With air of confidence, he adds “I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”

While Wenger has managed the club well from a financial standpoint, he “needs to change his style a bit,” said Dangote. “They need new direction.”

Arsenal Football Club which is one of England’s most successful clubs, having won 13 top flight league titles in the country is owned by Arsenal Holdings Plc., with a current valuation of 988 million pounds ($1.49 billion). The club trades on the ICAP Securities & Derivatives Exchange, or ISDX.

With a net worth of $15.7 billion according to the Bloomberg Billionaires Index, almost $13 billion more than Arsenal’s current valuation, Dangote has interests in....

Link In for more...>>http://expressng.com/2015/05/aliko-dangote-unveils-strategy-to-buy-arsenal-criticizes-arsene-wenger/

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