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Aliko Dangote’s Interest In Buying Arsenal

Africa's richest man in Africa Aliko Dangote, has an estimated fortune of £10bn, is still keen on buying Arsenal. Read more...

The 58-year-old Nigerian billionaire and the “richest man in Africa”, businessman Aliko Dangote is still interested in buying Arsenal after his 2010 attempt to purchase a majority stake in the club fell through. Dangote’s fortune of £10.38 billion ($15.7 billion) far outranks the £3.76 billion worth of current majority shareholder Stan Kroenke. and minority owner Alisher Usmanov is worth £9.65 billion in comparison.

Arsenal is  valued at £988 million ($1.49billion), so Dangote’s worth could provide a significant increase in funds. Although UEFA’s financial fair play rules have been designed to stop billionaires quickly changing the fortunes of clubs by snapping up an endless supply of world-class players, Dangote’s money could provide extra cash for new talent.

Club ownership remains a controversial topic in British football with teams such as Manchester United, Liverpool and Cardiff City suffering difficult tenures under new management so such talk may make Arsenal fans a little nervous.

Here is what $1.49billion is really worth.