By 9jaeye 
Aliko Dangote, the Chairman of Dangote Group and Africa’s second-richest individual, has voiced his regret over not purchasing Premier League club Arsenal for $2 billion. Despite his significant wealth, he stated that he no longer has the financial flexibility to invest such a substantial amount in the football club.
The opportunity to acquire the North London club has since passed, with its valuation now soaring to around $4 billion. Dangote’s interest in Arsenal dates back to 2020, when he expressed intentions to buy the club following the completion of his refinery project.
Reflecting on his previous desire to purchase Arsenal, Dangote said, “The time has passed for that. Arsenal is doing extremely well now. When I wanted to buy, they were not performing as well.” He emphasized that investing in his refinery was the right choice at that moment.
“I regret not buying Arsenal before, but my funds were essential for completing my projects. I would have made the purchase for $2 billion, but it would have jeopardized my ability to finish my refinery,” he explained.
Despite these regrets, Dangote affirmed his unwavering support for Arsenal: “I will always be their biggest fan. I watch their matches regularly and will continue to support the club.” However, he concluded that acquiring Arsenal now doesn’t make financial sense.
While Aliko Dangote reflects on the missed chance to buy Arsenal, he remains committed to his ongoing projects and loyal to his favorite football club.