Aliko Dangote, Africa’s richest man and chairman of Dangote Industries Limited, has expressed regret for missing the opportunity to buy Arsenal Football Club.
In an interview with Bloomberg’s Francine Lacqua in New York, the Nigerian billionaire reflected on the missed chance, having once considered acquiring the club for $2 billion.
“I think that time has passed. In our last interview, I mentioned that once I finished my refinery, I would try to buy Arsenal,” Dangote said.
“But now, everything has gone up. The clubs are all thriving, and Arsenal is doing extremely well. Back when I wanted to buy them, they weren’t performing as well.”
He continued, “I don’t think I have the excess liquidity to spend $4 billion on a club just for promotion. I’d rather allocate the funds elsewhere. I’ll remain Arsenal’s biggest fan, watching their games and supporting them, but it doesn’t make sense to buy the club now.”
Dangote highlighted that his priority was completing his refinery project in Nigeria, adding, “I do regret not buying Arsenal earlier, but my money was better invested in completing my project. I could have purchased Arsenal for $2 billion.”
Watch the interview via this link: https://www.instagram.com/lindaikejiblogofficial/?utm_source=ig_embed&ig_rid=67374e89-be10-4146-9a09-84622c002b4c
