Billionaire Dangote's Near Purchase of Arsenal in 2020: Ansser Sadiq's Story

Back in 2020, he declared his intention to purchase the club, a time when Stan Kroenke's ownership stake in the club was less significant.

Businessman Aliko Dangote appears to have closed the door on buying Arsenal one day.AdvertisementAdvertisement

Now that Kroenke has taken over operations of Arsenal, Dangote knows he has missed his chance.

Speaking to Bloomberg, Dangote said: "I think that time has passed. The last time we had this interview I told you as soon as I am finished with the refinery 

“I am going to try and buy Arsenal, but the issue is that everything has gone up and the clubs too are all doing very well, Arsenal is doing extremely well.

"At that time Arsenal were not doing well. I don't have that kind of excess liquidity to go and buy a club for $4B so to speak, I would rather do something else with the money."