Why Africa’s Richest Man Aliko Dangote regrets not buying Arsenal Football Club

Africa’s richest man, Aliko Dangote has revealed that he regrets not buying English Premier League football club Arsenal long time ago when he wanted to.

Highlights

Aliko Dangote explains why he regrets not having bought Arsenal earlier
Why Dangote didn’t buy Arsenal earlier
Arsenal Football Club achievements

Speaking in an interview with an international media channel, Aliko Dangote admitted to having lost a lifetime opportunity after he refused to buy the football club at a time when he could afford it.

According to him, the football club has since appreciated over the years hence making it expensive to purchase and maintain it.

“That time has passed. The truth is everything has gone up, and at that time Arsenal wasn’t that expensive compared to the way it is now. I don’t think I have that kind of excess liquidity to go and buy a club $4 billion dollars to use it as a promotion or something; I’d rather do something else with the money.” Dangote said.

He, however, promised to continue supporting Arsenal by following it’s activities as he still remains a fan despite having not invested in it.

“I will continue to be the biggest Arsenal fan, but I don’t think it makes sense to buy it today.” Dangote revealed.

Why He didn’t buy Arsenal Football club before

Asked why or what stopped him from buying Arsenal back in the day, the billionaire explained that his money was needed else where; and because of the commitment he had made – it made it hard to add Arsenal to the list of investments.

“My money was more needed in completing my project than buying Arsenal; I would have bought it at $2 billion dollars, but I wouldn’t have been able to finish my project.” Dangote said.

About Arsenal Football Club and its Achievements

Arsenal Football Club ‘The Gunners’ is a competitive club in England, playing English Premier League football. It is also challenging for the UEFA Champions League, amongst other leagues; last season it finished second, proving that it too can compete for the title. it is currently on the 4th position this season with 11 points.

It is headed by Coach Mikel Arteta and was founded on October 18, 1886.

Arsenal have won 13 league titles (including one unbeaten title), a record 14 FA Cups, two League Cups, 17 FA Community Shields, and a Football League Centenary Trophy. In European football, they have one European Cup Winners’ Cup and one Inter-Cities Fair Cup.