Aliko Dangote, the President and CEO of Dangote Group, has shared his regret over not purchasing Arsenal Football Club when its valuation was around $2 billion. In an interview with Bloomberg’s Francine Lacqua, Dangote explained that his focus on completing the Dangote refinery project led him to forgo the chance to acquire the English football club.
The billionaire businessman had previously expressed interest in buying Arsenal, but rising costs and the club’s improved performance have made it a less feasible option now, with the club’s current value estimated at $4 billion.
Despite the missed opportunity, Dangote remains a loyal Arsenal fan, watching their matches regularly. He emphasized that his resources were needed to complete his refinery project, which ultimately took priority over his dream of owning the North London club.
Reflecting on his decision, Dangote admitted, “I actually regret not buying it before, but my money was more needed for the refinery. It was either finishing the project or buying Arsenal.”
Though Dangote no longer intends
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