Tag Archives: arsenal

Africa’s Richest Man to Buy Stake in Arsenal FC?


http://business.timesonline.co.uk/tol/business/industry_sectors/leisure/article7133927.ece

Apparently Aliko Dangote is planning to buy a stake in Arsenal FC.  Dangote is a VERY rich tycoon, a multi-billionaire and probably the richest black man on Earth.  He recently celebrated his 53rd birthday with the purchase of private jet.

I’m not sure what the strategic business interest is here, since Dangote’s business empire is known largely for cement, sugar and flour. Will be very interesting to see what comes of this, since it could (a) trigger a takeover battle at Arsenal, and/or (b) lead to more money being made availablefor player purchases.

….or will the Emirates Stadium be renamed the “Dangote Stadium” one day?!

Advertisements