Billionaire Dangote's Near Acquisition of Arsenal in 2020: Ansser Sadiq

The billionaire, who is the second wealthiest individual in Africa, has dreamed of acquiring his beloved football club for years. With a net worth in the billions, he now has the means to make his ownership aspirations a reality.

He stated his ambition to buy the club back in 2020, when Stan Kroenke had a smaller stake in the club.

Now that Kroenke has taken over operations of Arsenal, Dangote knows he has missed his chance.

Speaking to Bloomberg, Dangote said: "I think that time has passed. The last time we had this interview I told you as soon as I am finished with the refinery 

“I am going to try and buy Arsenal, but the issue is that everything has gone up and the clubs too are all doing very well, Arsenal is doing extremely well.

"At that time Arsenal were not doing well. I don't have that kind of excess liquidity to go and buy a club for $4B so to speak, I would rather do something else with the money."