Dangote makes U-turn on Arsenal, explains why he would no longer buy English club
- Aliko Dangote, Africa’s richest man, announced he no longer has the liquidity to buy English football club Arsenal after prioritizing his $20 billion refinery project over the potential $2 billion acquisition.
- Dangote expressed regret for not purchasing Arsenal when it was valued lower but emphasized the importance of completing his refinery.
- Arsenal is currently not for sale and is wholly owned by Kroenke Sports & Entertainment, which rejected a £1.8 billion bid in 2021.
- Dangote remains a passionate supporter of Arsenal, watching their games regularly despite no longer pursuing ownership.
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