Nigerian billionaire Aliko Dangote has revealed that he will no longer pursue his interest in buying Arsenal Football Club.
In an interview on Bloomberg TV in New York on Monday, September 23, Dangote stated that the opportunity to buy the club has passed.
Dangote noted that Arsenal’s recent success has propelled its valuation from around $2 billion to $4 billion.
He said:
Dangote remains a dedicated club supporter despite stepping back from a potential acquisition.
Aliko Dangote noted that he genuinely held an interest in buying Arsenal Football Club for $2 billion in the past but had to choose to complete his projects.
His words:
Bloomberg Index reports that Aliko Dangote is worth $13 billion and among the top 150 wealthiest men in the world.
TimesNow.com.ng previously reported that Aliko Dangote presented an 11-point industrialisation strategy for Nigeria.
Dangote stated that a knowledge-based system will drive the 11-point master plan at the 38th convocation lecture of Bayero University Kano.
Africa’s richest man also addressed the audience on the “Role of the Private Sector in Building a Sustainable Knowledge Economy in Nigeria.” He was represented at the event by his senior advisor, Mansur Ahmed.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng