Nigerian billionaire business man, Aliko Dangote has revealed that he is planning to renew efforts to buy Arsenal.
In an interview with BBC Hausa, Dangote who is Africa’s richest man disclosed a strategy which will provide him with enough fund to buy the club.
“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for,” the 58-year-old told BBC Hausa.
Dangote who is worth £11.5bn also revealed that he had made moves in the past to purchase 15.9% stake in 2011 which was later sold to the majority shareholder of the club, Stan Kroenke.
“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,” Dangote who has been supporting Arsenal since the 1980s said.
“We backtracked, because we were very busy doing other things, especially our industrialisation.”
The Kano born business man also believes that the club need a new owner to be more successful on the pitch.
“They are doing well, but they need another strategic direction,” Dangote said.
“They need more direction than the current situation, where they just develop players and sell them.”
