Aliko Dangote is set to take over Arsenal as the owner

Nigerian billionaire business magnate and philanthropist Aliko Dangote is set to buy Arsenal and take over as the owner of Emirates Stadium.

Talks over a potential takeover at Arsenal could start-up in the not too distant future.

Aliko Dangote, who is the richest man in Africa, has made no secret in the past of his desire to buy out Stan Kroenke at Arsenal and become the owner at the Emirates Stadium.

Dangote is the 206th richest man in the world according to the Forbes Rich List, with a net worth of $11.8billion and has openly stated that the conclusion of his oil refinery in Lagos, Nigeria would be the time when he would think about Arsenal once more.

“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.”