Nigerian tycoon says no plans to buy Arsenal stake

Nigerian tycoon says no plans to buy Arsenal stake

Nigeria’s richest man, billionaire Aliko Dangote, on Monday denied media reports that he was considering buying a 16 percent stake in English Premier League soccer club Arsenal.

Britain’s Sunday Times newspaper and other media reported that Dangote had registered his interest in buying a stake being sold by Nina Bracewell-Smith, the club’s fourth biggest investor.

“I am a longstanding supporter of Arsenal Football Club and have been involved in conversations around investment in the past,” Dangote said in a statement.

“However, I can say categorically at this time that I have no intention of investing in the club and will not be acquiring a stake. I wish Arsenal Football Club the best for the future and will continue to follow the team as a fan.”

REUTERS

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