Dangote plans $50bn U.S., Europe investment, fire Wenger if he buys Arsenal

Africa’s richest man has rekindled talk about a possible takeover of English Premier League side, Arsenal. He will become the first African to buy an English club.

In a wide ranging interview with the Bloomberg news portal, Aliko Dangote said he will be in a good position to decide on that ambition after his private refinery located in Nigeria’s commercial capital, Lagos, is completed.

Responding to whether major stakeholder Usmanov and Kroenke will sell their shares in the London club, Dangote said: “When we finish the refinery, I think we will be in a position to [present them an offer that makes them consider walking away], adding “If they get the right offer, I’m sure they’ll walk away.

"The first thing I would change is the manager. He has done a good job, but someone else should also try his luck".

His first move after a takeover if it does happen will have to do with the managerial post currently occupied by Frenchman Arsene Wenger: “The first thing I would change [if I become #AFC owner] is the manager.

He has done a good job, but someone else should also try his luck,” he added.

He also disclosed plans by the Dangote group to extend its global footprints in the United States and Europe with up to $50bn investments.

#Africa #europe