Aliko Dangote’s dream of owning the Arsenal Football Club has gotten closer to reality than it ever did.
The businessman on several occasions has expressed his unflinching desire to own the London based club one day.
Arsnal are currently in a mess and the fans are looking at options to come and savage the situation at the club.
African richest, Aliko Dangote has always expressed his desire to take over the ownership of the club.
The fans see the billionaire who is an Arsenal fan himself as a potential owner that would make them great again.
Why The Fans Want Dangote Over Stan Kroeke?
1.Dangote never shies away from publicly stating how much he loves the club and willing to buy.
In June 2015 , Dangote confirmed reports that he was interested in buying Lady Nina Bracewell-Smith’s 15.9 per cent stake in 2011, which were eventually purchased by Kroenke.
“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.
“We backtracked, because we were very busy doing other things, especially our industrialisation.
“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.”
Again, in September 2016 , he stated that a takeover would be a question of timing rather than money.
“It’s not about buying Arsenal and just continuing with business as usual,” Dangote said. “It’s about buying Arsenal and turning it around. I’ve run a very successful business and I think I can also run a very successful team. Right now, with what we’re facing, over $20billion of projects, I cannot do both.
“There’s no doubt [I’ll buy Arsenal], it’s not a problem of money.
“The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.”
In August 2017 , he reiterated his desire to become the next Arsenal owner.
“I don’t want to go after Arsenal until I deliver the refinery. Once I deliver, I will go after Arsenal.
“At the moment we are a little bit off track. We didn’t really realise that we were going to need almost 70 million cubic meters of sand. But we are catching up, and I’m sure we’ll be able to deliver it by the last quarter of 2017.”
Finally, in January 2020, he again expressed his desire to take over from Stan Kroeke, current owner of the team.
“It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on. I’m trying to finish building the company and then after we finish, maybe some time in 2021 we can.
“I’m not buying Arsenal right now, I’m buying Arsenal when I finish all these projects, because I’m trying to take the company to the next level.”
2.Dangote’s dream of turning the team around makes him the best candidate for the takeover.
The billionaire revealed in 2016 that he’s not in hurry to buy Arsenal and watch them do the the same thing or remain the same.
He has plans to change the team. He wants enough resources before buying so that he can invest as much in the club.
This is the exact opposite of what has been happening at the club. The leadership of the club are reportedly saying winning trophies is their secondary goal.
“It’s not about buying Arsenal and just continuing with business as usual,”
“It’s about buying Arsenal and turning it around. I’ve run a very successful business and I think I can also run a very successful team” Football London quoted him.
3.He actually has the the needed resources to buy the club.
The Nigerian billionaire is reportedly having worth of $11.5billion. This is enough to buy Arsenal and save the fans the heartbreak every week.
According to KPMG in 2020 – who measure clubs’ enterprise value, which is a measure of a company’s total value – a popular metric used to value a company for a potential takeover – stands at £2.073billion.
Why Is It The Right Time?
3.Dangote has finished the oil refinery that has been holding him back from doing what he has always wanted to do; buy Arsenal Football Club.
As reported by the Africa Report, one of such projects the billionaire is waiting to complete planning before the arsenal takeover is a refinery in Nigeria which is reported to have neared completion.
Also, the fans of the club are tired with the owners’ lack of interest or concerns in the club’s inability to win league titles and compete in the UEFA Champions League.
Things have gone even messier in rescent days after the club announced that they are part of the infamous breakaway European Super League.
Arsenal fans are currently protesting and asking Stan Kroeke to leave their club.
The problem now is if the Kroeke family be willing to sell the club.
Source: Football London