Lagos - Africa's richest businessman, Aliko Dangote, has
confirmed he intends to lodge a bid to become majority shareholder of English
Premier League giants Arsenal.
The Nigerian billionaire is close to completing an oil
refinery in his homeland, which would in turn finance his plans to purchase the
north London club.
Dangote, who is ranked 67th on the Forbes rich list with an
estimated wealth of £11.5bn, told BBC Hausa: "When we get this refinery on
track, I will have enough time and enough resources to pay what they (Arsenal)
are asking for."
Also read: Dangote to own Arsenal?
The entrepreneur had previously been interested in
purchasing the 15.9 percent stake sold to Stan Kroenke for £123 m in April 2011
but had to pull out due to various reasons.
Dangote continued: "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."
For the latest on
national news, politics, sport, entertainment and more follow us on Twitter and
like our Facebook page.