in

Aliko Dangote’s Arsenal takeover plans take major step forward as project nears completion

Billionaire Aliko Dangote has made no secret in the past of his hope of completing a takeover of Arsenal.

The Nigerian businessman is the richest man in Africa has been linked with a move for Arsenal for some time after making several statements about his desire to become owner of the Premier League side.

Back in January, the owner of the Dangote Group said that he is hoping to make a move in the near future, after tying up several ongoing interests.

“It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on,” Dangote stated.

Video Loading

Video Unavailable

Click to play
Tap to play

The video will start in8Cancel

Play now

“I’m trying to finish building the company and then after we finish, maybe some time in 2021 we can.

“I’m not buying Arsenal right now, I’m buying Arsenal when I finish all these projects, because I’m trying to take the company to the next level.”

And the move towards that goal has taken another big step, with the news that Dangote Refinery will be opening a $2billion (£1.54billion) fertiliser plant in May.

Read More
Related Articles
Read More
Related Articles

Dangote says that the pre-testing of the plant has already begun, and it will become the  largest fertiliser plant in the world.

Arsenal’s current owner Stan Kroenke has proved a divisive figure among fans, with numerous protests being launched against his ownership, including the ‘We Care, Do You?’ movement.

The American businessman completed his takeover of the Gunners in 2011, but has faced large criticism for a lack of investment in the team and diminishing returns on the field.