Premier league news Aliko Dangote's net worth as Africa's richest man eyes Arsenal takeover Last spor news
MetiNews.Com - Could Stan Kroenke be tempted into selling Arsenal if Aliko Dangote decides to act on his desire to own the club?
Breaking News ! Aliko Dangote has been linked with a takeover of Arsenal for some years now. The Gunners supporter has made no secret of his desire to take charge at the Emirates Stadium in recent years, even going so far as to say he "will buy Arsenal". Stan Kroenke is the current owner of the club, with the American owning the LA Rams American Football team too. Kroenke is often criticised by the Arsenal fans for not putting investment into the club, although he did put his hand into his pocket in helping the Gunners secure the signature of Thomas Partey from Atletico Madrid in the summer for £45million. Video Loading Video Unavailable Click to play Tap to play The video will auto-play soon8Cancel Play now Dangote was interested in buying Lady Nina Bracewell-Smith's 15.9% shares at Arsenal in 2011, but backtracked on the deal to focus on his oil refinery project in Lagos, Nigeria. That project is nearing completion and he has previously admitted that was the only thing holding him back from starting takover talks with Kroenke at the Emirates. He said: "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. Read More Related Articles When billionaire Aliko Dangote can start Arsenal takeover talks with Stan Kroenke Read More Related Articles Aliko Dangote Arsenal takeover latest: How much a deal could cost, bid to buy out Stan Kroenke "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." So can Dangote afford it? According to Forbes, he is the richest African businessman on the planet and the 166th richest billionaire in the world. Sign up to our Arsenal newsletter for the latest transfer news By signing up for our Arsenal newsletter, you will receive a once-daily email, focused around goings-on at Emirates Stadium. You won't miss a thing when it comes to the Gunners - you'll get all you need to know directly into your inbox. We'll also send out special newsletters with any big breaking news too.
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He is, according to the Rich List, worth a cool $11.5billion, which would give him ample money to spend on buying Kroenke out. That is because, 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 or around £1.571billion at the time. That figure had fallen 8% from the previous year. So now could be a good time to buy.
Source = MetiNews.Com