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Richest African Sets Time Frame For Buying Arsenal

Africa's richest man, Aliko Dangote, has a plan in place to buy London side Arsenal in the near future.

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The Nigerian businessman, who is worth $10.9 billion (R151 billion), according to Bloomberg Billionaires Index, has stated that he plans to buy the Gunners in four years' time.

"There's no doubt and it's not a problem of money," Dangote said in an interview with Bloomberg Television on Wednesday.

"Maybe three to four years. 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.

"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. Right now, with what we're facing, over $20 billion of projects, I cannot do both."

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If the Nigerian does buy Arsenal, he will be the first African ever to own a Premier League club.  

Do Arsenal need new ownership? Have your say in the comments section below. 

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