Aliko Dangote: The time has passed to buy Arsenal

Africa’s richest man, Aliko Dangote, has expressed regret over not purchasing Arsenal when he had the chance.In a recent interview with Bloomberg’s Francine Lacqua in New York, Dangote revealed his desire to own the North London club, which was valued at around $2 billion at the time.Dangote, the president and CEO of Dangote Group, cited his commitment to his refinery project as the reason he missed out on buying Arsenal."I think that time has passed," he said, looking back on his earlier discussions about acquiring the club.Dangote had previously promised, "The last time when we had this interview, I told you as soon as I finished with the refinery, I was going to try and buy Arsenal."However, with Arsenal’s current value and strong performance, he noted, "Everything has increased in value, and Arsenal is performing exceptionally well right now, unlike when they were struggling before.""I don’t have the kind of surplus funds to purchase a club for $4 billion as a promotional venture,” he admitted. “Buying Arsenal doesn’t make sense for me at this time."Reflecting on his decision, Dangote said, "I do wish I had purchased it earlier, but at the time, my...

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Aliko Dangote: The time has passed to buy Arsenal

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