Africa’s richest man, Aliko Dangote wants to buy Arsenal Football Club and his first order of business is sacking Arsene Wenger (via Bloomberg).
Arsenal’s current owner, Stan Kroenke is hardly the most popular man with many of the supporters.
The last few years have grown somewhat stagnant at the Emirates thanks, in part, to a lack of investment from the man who many perceive to be an uninterested owner.
Minority shareholder Alisher Usmanov made a plan to take over the club last year but it seems that he may have some competition on that front from Africa’s richest man.
Aliko Dangote has a net worth of over $11 billion and says that he will consider making an offer for Arsenal Football Club within the next few years.
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“The first thing I would change is the coach,” Dangote said. “He has done a good job, but someone else should also try his luck.”
Dangote may struggle to actually accomplish this feat. Stan Kroenke was unwilling to sell to Alisher Usmanov and it’s doubtful whether that will change but he’s optimistic.
“If they get the right offer, I’m sure they would walk away,” he said. “Someone will give them an offer that will make them seriously consider walking away. And when we finish the refinery, I think we will be in a position to do that.”
“It’s a great team, well-run. It could be run better, so I will be there. I will wait. Even if things change I will take it.”
Arsenal fans may not be too opposed to a takeover but only under the right circumstances. The club needs investment to keep up with the likes of Chelsea, Manchester United and Manchester City but it also needs to continue to be well run. Maybe Dangote is that man but most supporters would prefer Alisher Usmanov.