Tuesday, September 24, 2024 - Africa's richest man and chairman of Dangote Industries Limited, Aliko Dangote, has expressed his regret for not buying Arsenal football club when he had the chance.
In an interview with Bloomberg’s Francine Lacqua in New
York, the billionaire reflected on the missed opportunity, after he previously
considered purchasing the club for $ 2 billion.
“I think that time has passed. The last time we had this
interview, I told you that yes as soon as I finished with the refinery, I am
going to try and buy Arsenal.
“But the issue is that everything has gone up. The clubs are
all doing well. Arsenal are doing extremely well now. At that time [that I
wanted to buy] they were not doing very well.”
“I think I don’t have that kind of excess liquidity to go
and buy a club for $4 billion and use it for promotional something.
“I would rather do something with the money. What I’ll do, I
will continue to be the biggest fan of Arsenal. I watch their games every time.
I will remain a major supporter of Arsenal but I don’t think it makes sense
today to buy Arsenal.
Dangote emphasised that completing his refinery
was the right priority.
“Actually I regret not buying Arsenal before, but you know
my money was more needed in completing my project than buying Arsenal. I would
have bought it for $2 billion,” he said.
Watch the interview below
I regret not buying Arsenal football club for $2 billion – DANGOTE pic.twitter.com/8eBz8G4Q21
— DAILY POST 🇰🇪 (@dailypost_ke) September 25, 2024
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