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Dangote: If Kroenke doesn’t want to sell Arsenal, I will…

The 61-year-old, valued at £11.1b may make a swoop at buying other club asides Arsenal if Kroenke is refusing to sell 


Africa’s richest man Aliko Dangote has indicated he might consider buying another club if Arsenal’s controlling shareholder Stan Kroenke refuses to sell the club.

Kroenke, in August, bought Alisher Usmanov’s 30% stake in the club for around £600m to become Arsenal’s owner – a bid at turning the club to a private entity.

Dangote, who has always reiterated his desire to buy the English club, told Bloomberg TV at the new economic forum in Singapore revealed he might consider buying other clubs should Kroenke still maintains his stance of not selling Arsenal.

“I’m very attached to Arsenal but if he won’t sell, I might have to change,” Dangote said.

“I’m very much a fan of football. I have to have a club. I don’t have to own Arsenal.”

Bloomberg reports that Arsenal’s London rival Chelsea may be on the market.

Its owner, Roman Abramovich, has hired Raine Group LLC, a merchant bank in New York, to advice on the possibility of a full or partial sale.

According to Bloomberg, Abramovich, who bought Chelsea in 2003 for £140m is said to value the club for £3b. 


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