Aliko Dangote, the President and CEO of Dangote Group, has expressed his regret over not purchasing Arsenal Football Club when it was valued at around $2 billion. In an interview with Bloomberg’s Francine Lacqua, Dangote explained that his financial focus on completing the Dangote refinery project prevented him from acquiring the North London football team.
Dangote revealed that he had intended to purchase Arsenal once his refinery was completed, but the club’s value has since risen to $4 billion, making it less feasible. While the billionaire businessman admitted he regrets not buying the club earlier, he remains a devoted fan, watching their games regularly.
Dangote, Africa’s richest man, founded Dangote Group, the largest conglomerate in West Africa, in 1981 and continues to focus on his business ventures, setting aside his ambitions to own a major football club.
