Billionaire nearing Arsenal takeover talks with Kroenke

There is a group of Arsenal fans who believe that their team is being held back by the ownership of Stan Kroenke and they will be happy about the latest development.

For years, the Kroenke family has bought out other shareholders to fully own Arsenal.

But that could end soon with Nigerian billionaire Aliko Dangote insisting that he will buy the club and return them to the top of English football.

He first announced his intention to own a stake at the club in 2015, according to Football London and he has followed that up with several reaffirmations that he would buy the Gunners.

In 2020, he reaffirmed, according to the report: “It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of projects and that’s what I really want to concentrate on. I’m trying to finish building the company and then after we finish, maybe some time in 2021 we can.

“I’m 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.”

One project that the African is looking to get finished is a refinery in Nigeria and a recent report on The Africa Report says he would deliver the project this year.

This means that Arsenal fans can expect the Billionaire to begin talks with Kroenke for the takeover of their beloved club soon.

READ MORE: Have Arsenal already lined up our new left-back?

Tags Aliko Dangote

27 Comments

  1. RFrancis says:

    Wishful thinking. Does anyone really expect Stan Kroenke to sell our dear club with the lure of the European Super League just around the corner?

  2. Durand says:

    Stan loves money. Offer the right amount and he can go focus on his precious Rams; it’s best for all involved.

  3. Joe. S says:

    If only this were true. Unfortunately , not yet.

    1. Nw gooner says:

      Nonsense- he doesn’t have the capacity to buyers

  4. Nw gooner says:

    Stupid idea – he just doesn’t have the money to buy – his net worth is just about the cost of the club- a stupid article – he is finishing one project and so he will buy Arsenal- sounds ridiculous

  5. Gilberto Silva is underappreciated says:

    There is no way this gentleman has more money than Stan Kroenke and his wife, Anne Walton Kroenke. Combined they are worth over US$17 billion.

    And Anne’s three Walton cousins are worth about US$200 billion total and are the 17th, 18th, and 19th richest people in the world.

    Wal-Mart money is long and deep.

    Stan Kroenke is not selling Arsenal unless he feels like it. Money is not an issue.

    1. Jkr says:

      How can he want to buy arsenal if he doesn’t have more money bro,do you Nigeria has alot of oil than USA

  6. John Ibrahim says:

    Apart from the Arabs and Russian,

    Does fans think billionaire owners are going to pump their entire wealth into over price players?

  7. Armoury says:

    The only problem with Kronke is keeping Arteta in the helm. I don’t have a problem with anyone’s billions

  8. Izac Kaisar says:

    For me am not concerned about the Kroenke & Dangote’s bilions, remember, try and fail but never fail to try, lets give Dangote a chance for a beter @Arsenal

    1. apangu iddi amin says:

      At list you have sporken some thing good in this post other wise Kroenke is giving fans sleepless night yet he has alot which cooled bring Arsenal out of this mess and people should know that Dangote is also an Arsenal fan who really want the club to win things like other big clubs. If man city and Chelsea who where mid table clubs can do it using money why not Arsenal? We are always buying benched players because the club owner is quirt when it comes to spending spree.

  9. Femi Nez says:

    What’s the problem with this dangote? He should try to buy a club in Nigeria NPFL first. He needs to send serious signal to the football world in acquiring a small club, pump his money there,then he can contemplate on buying arsenal.

    There’s a club in Nigeria NNL,Vandrezza which claimed that their blueprint is the European models and had since relocated to Lagos from akwa Ibom. I think that move was to cement the commercial side of their business and to gain more recognition.

    Dangote should acquire a club like that and pump money there instead of shasing shadow. It’s achievable though, but now, impossible.

  10. THOMAS ROBSON says:

    Arsenal should be at the near top end of any league in the world but alas you have guy in Kronke who has plenty of money but lacks the will to part with it and they can and should have a world class manager not one just starting out in management i think a lot of fans up and down the country just cant believe whats happening to the ARSENAL

  11. A J says:

    Dangote’s stance has been that he would be “buying Arsenal” (his words not mine) come January 2021, when he finished his latest project of “building an oil refinery”.

    I am not blinded by Mr Dangote’s billions, but along with taking at face value his passion for our club (naïve perhaps) and where he believes we should be – I would be far from upset to see this happen.

    We are going precisely nowhere under
    Stan “If you want to win Championships then you would never get involved” Kroenke.

  12. A J says:

    Arsenal’s current owner Stan Kroenke has proved unpopular with many fans since taking over at the Emirates Stadium.

    This is mainly down to a lack of investment in the first-team squad coupled with poor returns on the pitch in comparison to many of the Premier League rivals in recent years.

    However, there could be some light at the end of the tunnel as talks over a potential takeover at Arsenal could start up in the not too distant future.

    Nigerian billionaire Aliko Dangote launching a bid to takeover the Gunners appears to be edging ever closer amid The Africa Report stating his oil refinery is set to be operational in “early 2021”, meaning he can soon start talks with Kroenke in regards to taking control in north London.

    Interestingly, Dangote – the 206th richest man in the world according to the Forbes Rich List – has previously spoken about becoming Arsenal’s owner on multiple occasions.

    In June2015 , Dangote admitted he was interested in buying Lady Nina Bracewell-Smith’s 15.9 per cent stake in 2011, which were eventually purchased by Kroenke.

    “There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill.”

    “We backtracked, because we were very busy doing other things, especially our industrialisation. When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.”

    In September 2016, he stated that a takeover would be a question of timing rather than money.

    “It’s not about buying Arsenal and just continuing with business as usual,” Dangote said.

    “It’s about buying Arsenal and turning it around. I’ve run a very successful business and I think I can also run a very successful team. ”

    “Right now, with what we’re facing, over $20billion of projects, I cannot do both.
    There’s no doubt [I’ll buy Arsenal], it’s not a problem of money”.

    “The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.”

    In August 2017, he reiterated his desire to become the next Arsenal owner.

    “I don’t want to go after Arsenal until I deliver the refinery. Once I deliver, I will go after Arsenal.

    “At the moment we are a little bit off track. We didn’t really realise that we were going to need almost 70 million cubic meters of sand. But we are catching up, and I’m sure we’ll be able to deliver it by the last quarter of 2017.”

    And in January 2020, he stated once more that when his current business interests are concluded, he will move on to the Gunners.

  13. Goonster says:

    Why do people keep hyping up this Dangote guy?
    What evidence is there to suggest that he will turn out to be like Abramovich or the City Sheikh?

    1. A J says:

      Goonster.

      Personally I fail to see why presenting the facts as they stand over such a major issue, equate to “hyping up this Dangote guy”.

      Let’s hear what the man has to say, and if words are back up by actions.

  14. jon fox says:

    Two salient points pertain: Firstly , whatever Kroenke is worth – and his wife and her three cousins are irrelevant, as they are not him – it is abundantly clear that he will not be spending a penny of his personal wealth on our club. He does not even like football, let alone the club be owns who play it.

    Secondly, DANGOTE is certainly a supporter and as such and as a wealthy man he is far more likely to support the club of his heart with hard cash of his own.

    It is therefore certain that all true Gooners who also have a decent brain should be praying for Dangote to become our owner ASAP.

    1. apangu iddi amin says:

      Im one them who is right now praying very hard to this one goes through and it will make Arsenal one of the top European team to have millions of fans in Africa.

  15. Nahim says:

    ASAP you are totally correct

  16. guy says:

    Ticks the boxes but talk is cheap.
    Plusses
    1. We don’t want The Krankies
    2. Dangote is a big Arsenal fan, which would be a nice change
    3. He ihas publicly stated he wants to buy the club
    4. He s rich
    Minusses
    5. Kroenke doesnt have to sell
    6. Dangote has been saying he would buy in for 5-6 years, but always has a reason not to “just yet” (like I would say “I’d love to, but i’m washing my hair tonight”)
    7 Is he serious? I’m inclined to think he just likes the sound of his own voice, and it will never happen

  17. Dboy says:

    This is still gonna be a long wait.

    1. apangu iddi amin says:

      So long as it happens we will wait.

  18. whatsapp+256779631529 says:

    l know americans and europeans invest less and expect high profits eg
    kroenke and ashley let the african take over

  19. whatsapp+256779631529 says:

    how do you expect kroenke to invest more in club instead he is sacking more than 50 workers to save around 2 millions

  20. Ba Elkhirsawy says:

    Just because he gave a statement in 2015, does not mean he will do it in 2021 in COVID situation.

    Unless Stan will give away at a bargain price, no one will splash cash easily.

  21. Cyberkil says:

    The Nigerian Prince is now aiming to scam the Premier League.

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