Aliko Dangote Regrets Not Buying Arsenal

Aliko Dangote, Africa's richest man, has publicly expressed regret over not purchasing Premier League club Arsenal when its valuation was around $2 billion, a decision he made while focusing on completing his $20 billion oil refinery project in Nigeria. He acknowledged that Arsenal's value has since doubled to approximately $4 billion, making the acquisition no longer feasible. Despite his disappointment, Dangote emphasized that prioritizing his refinery project was the right choice at the time. He remains a dedicated supporter of Arsenal, watching their games regularly, and recognizes the club's impressive resurgence under coach Mikel Arteta. Although he once planned to buy the club after finishing his refinery, he admits the opportunity has likely passed. Dangote's reflections highlight the financial dynamics of football and the impact of timing in investment decisions.