Dangote, Africa’s richest man wants to buy Arsenal

Nigeria’s Dangote, an Arsenal fan worth $15.7 billion, according to the Bloomberg Billionaires Index, discussed buying a stake in the club five years ago before talks with the owners fell through, he said. Since then his wealth has grown more than sevenfold.

“I still hope, one day at the right price, that I’ll buy the team,” Dangote, 58, said in an interview as he traveled on a plane owned by one of his companies between the Ethiopian capital Addis Ababa and the Nigerian commercial hub of Lagos on May 1. “I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.”