A few months ago, Nigerian billionaire Aliko Dangote, sent the internet into a frenzy when he revealed his interest in bidding for English Premiere League club, Arsenal.
Dangote, 58, is Africa’s richest man having amassed a fortune in the region of $18.4 billion (£12.2 billion). He is currently the 67th richest man in the world.
Speaking to BBC Hausa radio on Tuesday, Dangote confirmed his interest in purchasing the club in the future, saying:
“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for,” he told BBC Hausa.
“There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill,” Dangote continued.
“We backtracked, because we were very busy doing other things, especially our industrialisation.”
“They are doing well, but they need another strategic direction,” he added.
“They need more direction than the current situation, where they just develop players and sell them.”
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