Dangote Vows to Sack Wenger If He Buys Arsenal FC

Dangote Vows to Sack Wenger If He Buys Arsenal FC

Africa's richest man, Aliko Dangote, plans to invest $50bn in the United States and Europe by 2025, in renewable energy and petrochemicals.

Dangote - who is worth £8.6billion - has supported the Gunners since the mid-Eighties.

"The first thing I would change is the coach", Dangote said. The cement magnate said he'll consider making a formal bid once he is done with the construction of a massive $11 billion oil refinery in Nigeria's commercial capital, Lagos, by the end of the decade.

Wenger has been boss at Arsenal for 21 years and is the longest-serving manager of any side in Europe.

Like many other Arsenal fans, the Nigerian billionaire is not a fan of Wenger and wants to see him step away from the club.

The Nigerian believes majority shareholder Stan Kroenke, who has a 67.05% stake in the club, and Alisher Usmanov, who owns 30.04% of the club, can be convinced to sell.

"If they get the right offer, I'm sure they would walk away", he explained to Bloomberg. Someone will give them an offer that will make them seriously consider walking away.

Arsenal nevertheless continues to enjoy a huge following in Nigeria and much of Africa, with some of the biggest names in African football having played for the league.

In 2015, he began building a 650,000 barrel-a-day refinery near Lagos, and he is constructing gas pipelines, connecting to Lagos from the Niger Delta with the USA private equity firms Carlyle Group LP and Blackstone Group LP.

"The first thing I would change is the coach".

He put a four-year time frame on his plan to complete the takeover when speaking last September.

Dangote said that he is prepared to wait to take over at the Emirates. The issue is that we have more challenging headwinds. "Then I'll focus on this".



Other news