It is no secret that Nigerian
Billionaire and richest man in Africa, Aliko Dangote is interested in
buying Arsenal football club. The billionaire has made his intentions
known for a while now. Accordrding to Metro News of UK however, Aliko
Dangote is set to fire long serving Manager, Arsene Wenger if he can
successfully navigate the buying process.
According to Metro, a source close to the Cement and Food mogul was talking to journalists about how Dangote was not impressed with Wenger’s running of the club and would be looking to relieve him of his duties if he did not adjust his philosophies to help the club attain more success. The source who remained unnamed also discussed Dangote’s plan for the club saying ‘The plan would be to get Patrick and Thierry on the coaching staff for a period before giving them the reins and with Arsene taking a place on the board and eventually becoming chairman.
The process of purchase is still in the piplines as Arsenal is a limited liability company that is close-traded. Meaning the negotiations over shares are not controlled by any stock market, making it harder to acquire controlling stock of the parent company, Arsenal Holdings LTD.
According to Metro, a source close to the Cement and Food mogul was talking to journalists about how Dangote was not impressed with Wenger’s running of the club and would be looking to relieve him of his duties if he did not adjust his philosophies to help the club attain more success. The source who remained unnamed also discussed Dangote’s plan for the club saying ‘The plan would be to get Patrick and Thierry on the coaching staff for a period before giving them the reins and with Arsene taking a place on the board and eventually becoming chairman.
The process of purchase is still in the piplines as Arsenal is a limited liability company that is close-traded. Meaning the negotiations over shares are not controlled by any stock market, making it harder to acquire controlling stock of the parent company, Arsenal Holdings LTD.
