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Dangote Ready To Relaunch Bid For Arsenal FC - Sports - Nairaland

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Dangote Ready To Relaunch Bid For Arsenal FC by Ptimes: 11:13am On May 06, 2015
Africa’s richest man and Nigerian billionaire, Aliko Dangote, has confirmed his renewed interest in buying EPL club, Arsenal.

In an interview with Bloomberg, Dangote, who is a cement and commodities tycoon and is valued at around $15.7 billion, said he will make fresh attempts at buying the London club despite his rejected bid in 2010.

“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.

“We have $16 billion-worth of investments in the next few years. Right now I want to take my own business to a certain level. Once I finish on that trajectory, then maybe [I’ll bid again for Arsenal],” the 58-year-old told Bloomberg.

American billionaire, Stan Kroenke, is currently the controlling shareholder at Arsenal with a 67% stake in the club.

Red & White Sec Ltd., controlled by Uzbek billionaire, Alisher Usmanov and Farhad Moshiri, are the second biggest shareholders with 30% of the Gunners.
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http://www.premiumtimesng.com/sports/182444-dangote-ready-to-relaunch-bid-for-arsenal-fc.html

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