YOU MUST PAY N720 BILLION OR NO DEAL.

Aliko Dangote has been told how much it will cost him to acquire Arsenal football club of England. The Nigerian billionaire who is Africa’s richest man has in the past stated his desire to buy the English Premiership club but he says he is focusing on other interests at the moment and could possibly launch a bid for the club next year. Earlier this year, the business mogul said: “It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of project and that’s what I really want to concentrate on. I am trying to finish building the company and then after we finish, maybe some time in 2021 we can. I am not buying Arsenal right now, I’m buying Arsenal when I finish all these projects , because I’m trying to take the company to the next level.”

And now Dangote has been told how much it would cost to buy one of the Premier Leagues’s big club sides by Bob Ratcliffe, the brother of one of England’s richest men Sir Jim Ratcliffe. Bob told Financial Times’ Business of Football Summit that a take over of a ‘top six’club would cost at least 2billion pounds. Meanwhile, a move for a team elsewhere in the Premier League would cost between 150million and 350million pounds. He added that: “They’re all for sale.” Time will tell if Mr Dangote is willing to spend that much money on acquiring the London club.

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