Arsenal Link To Nigerian Billionaire Aliko Dangote For A Takeover

Nigerian business magnate and the richest man in Africa has made known his intention to buy over Arsenal from its current American owner Stan Kroenke.

Arsenal have faced a series of protest from it fans who blamed the club's management for the team's failure to win a Premier League trophy since 2003-04. They suspected the owner does not really have much interest in winning the league as they have not been buying the right players that can make things happen for them. 

Aliko as the owner of Dangote Cement - Africa's largest cement company, the 62-year-old billionaire can boast of £8.5 billion in net worth and according to Dailymail, he has stalks in other publicly-traded companies such as salt, flour, sugar, and other manufacturing companies. 

The astute businessman who is currently building an oil refinery worth over $20 billion in Lagos told David Rubenstein Show about his plans to buy the London-based football over. He stated that the takeover might not be this year but it is one of his business priorities soon after finishing with the construction of the refinery. 

"It is a team that, yes, I would like to buy someday, but what I keep saying is we have $20 billion worth of project and that's what I really want to concentrate on," he said.

Arsenal just hired a new head coach Mikel Arteta after Unai Emery was sacked following a poor performance of the team. The former Arsenal player was an assistant to Manchester City manager Pep Guardiola before his appointment at Arsenal. 

"I'm trying to finish building the company and then after we finish, maybe sometimes 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." 

Former head coach Arsene Wenger won the 2017 FA Cup for the team before stepping down to be replaced by Emery and that was the last trophy won by the team to date. They are presently in the fourth round of the FA Cup and will be hosted by Bournemouth on January 27.