Africa's richest billionaire wants to buy Arsenal and sack Arsène Wenger

Africa's richest billionaire wants to buy Arsenal and sack Arsène Wenger

He has won three Premier League titles and seven FA Cup trophies with Arsenal. "The first thing I would change is the coach", he said.

Africa's richest man Aliko Dangote says he is plotting a bid to take over Arsenal once the construction of a new oil refinery in Lagos is completed.

Dangote also said that the first thing he would do is change the manager. He has spent the last 20 years at the club. The French man enjoyed relative success in his first couple of years but has struggled to replicate the achievements in recent years.

In 2010, he made a failed bid to purchase a minority stake and in the following years was twice linked to the club.

However, Dangote remains as convinced now as he was back then that when the time does roll around, he will have little trouble in persuading majority owner Stan Kroenke in parting with his 67 percent of the club.

If his takeover bid was successful, he would fire Wenger immediately. "I believe Dangote Group is in the right position to drive this trajectory".

"If they get the right offer, I'm sure they would walk away", Dangote said in an interview with Bloomberg.

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 United States private equity firms Carlyle Group LP and Blackstone Group LP.

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.



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