The richest man in Africa, Aliko Dangote, has confirmed that he intends to bid to buy the club, according to the Metro.
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The 58-year-old has a personal wealth of £11.5bn, placing him at 67th on the Forbes rich list. He claims to be an Arsenal fan since the 1980s and was even behind a failed attempt to buy the club back in 2010.
However, the Nigerian businessman claimed at the time that he would put together another bid when his business had reached a ‘certain level’, which it appears to have done now.
In an interview with the BBC, he claimed that the building on a new oil refinery in his homeland will give him enough resources to make a move for the Gunners, and he is certain that his finances won’t fall through this time.
“There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill,” he said.
“We backtracked, because we were very busy doing other things, especially our industrialisation.
“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.”
And if he is able to oust Stan Kroenke and Russian-Uzbek Alisher Usmanov – the two main shareholders at the club – he is targeting a change in direction.
“They are doing well, but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them,” he said.