Africa's richest man and chairman of Dangote Industries Limited, Aliko Dangote, has expressed his regret for not buying Arsenal football club when he had the chance.
In an interview with
Bloomberg’s Francine Lacqua in New York, the Nigerian billionaire reflected on
the missed opportunity, after he previously considered purchasing the club for
$ 2 billion.
“I think that time has passed.
The last time we had this interview, I told you that yes as soon as I finished
with the refinery, I am going to try and buy Arsenal.
“But the issue is that
everything has gone up. The clubs are all doing well. Arsenal are doing
extremely well now. At that time [that I wanted to buy] they were not doing
very well.”
“I think I don’t have that kind of excess
liquidity to go and buy a club for $4 billion and use it for promotional
something.
“I would rather do something with the money.
What I’ll do, I will continue to be the biggest fan of Arsenal. I watch their
games every time. I will remain a major supporter of Arsenal but I don’t think
it makes sense today to buy Arsenal.
Dangote emphasised that
completing the refinery in Nigeria was the right priority.
“Actually I regret not buying Arsenal before,
but you know my money was more needed in completing my project than buying
Arsenal. I would have bought it for $2 billion,” he said.
Watch the interview below;
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