My tribe
As featured on NewsNow: Football news

Billionaire Aliko Dangote details his Arsenal takeover plans

Billionaire Aliko Dangote is again talking up the prospect of buying Arsenal.

Dangote, worth £8.3bn ($10.9bn), expressed an interest in purchasing the Gunners last year and has now set out a timetable for his takeover in an interview with Bloomberg.

Asked when he plans to buy the club, Dangote said: "Maybe three to four years.

"The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds.

"Then I'll focus on this."

Dangote believes he can turn the club into a trophy-winning machine.

"It's not about buying Arsenal and just continuing with business as usual," he said. "It's about buying Arsenal and turning it around.

"I've run a very successful business and I think I can also run a very successful team.

"Right now, with what we're facing, over $20 billion of projects, I cannot do both."

About the author

Paul Vegas

Have your say
  • Add your favourite leagues and clubs
  • Build your own personal news stream
  • Easily share your favourite stories
  • Connect with what your friends are saying

Select your favourite
leagues and clubs
to get started.

Already part of MyTribe?