Dangote Plans to Buy Arsenal Within Four Years

[wanaj0]

Arsenal will not sell to him,a Nigerian buying a club will bring too much unwanted attention and of cause questions will be asked about the state of Nigeria and what has he done to help his own.

I laugh. At the RIGHT price, they will SELL !

There will be noise nothing more.

[Oguleftie]

Nine try but sorry that's a poor argument. I've never once opined on how Wenger spends/should spend his personal fortune.

He can blow it all on all the whores of Babylon for all I care

But you've bored us with your views about the Arse and the club ain't yours!

Yes so if/when Dangote eventually buys Arsenal feel free to also bore us with your own criticism of the running of the club. Until then STFU about criticizing how he chooses to spend his personal fortune. He's a private citizen who's already invested a sizeable chunk of his fortune in the country...he's not a govt official who grafted public funds.

Do you want us to investigate? Be careful putting him in trouble.

[mmeny]

I expect other of our short sighted Nigerians with money miss road to follow suit. It was buying up of real estates in Dubai, London, Potomac, Atlanta, then Private Jets now it is time to link your name to owning or part owning of English League teams.

I mean when we have leaders whether in the past like Fashola cutting Manchester United theme birthday cake or Pinnick posting pictures and bragging about being at the Emirates why won't Dangote try to buy up Arsenal FC.

[theYemster]

Yes so if/when Dangote eventually buys Arsenal feel free to also bore us with your own criticism of the running of the club. Until then STFU about criticizing how he chooses to spend his personal fortune. He's a private citizen who's already invested a sizeable chunk of his fortune in the country...he's not a govt official who grafted public funds.

But if you can bore us to tears about the Arse (a private club) that has nothing to do with you, I'm free to comment on Dangote spending his money that has nothing to do with me.

Arsenal isn't a private business. It's a business that runs on fan support, fans who've invested time and money supporting the club. Like I said feel free to bore us to tears about that. After all no one cares how you spend your own money.

It is...

I've also spent a lot of time and money shopping in my local supermarket but it doesn't entitle me to act as if I own it or can tell the owner how to spend the money I've spent there, no?

Sorry for interrupting, carry on with your argument

Legally speaking yes but in this context no it's not private. Dangote's private wealth is completely different from Dangote Group.

Wrt your analogy, you have a right to complain about how the supermarket is run because (private company or not) it provides a service to you (just like Arsenal does) however you don't have a right to decide how one of the owners of the supermarket spends his/her personal stash. That is a private matter.

Comparing what Dangote does with his private money is like talking about Wenger/Kroenke's private wealth outside of Arsenal. I don't care about that.

Now if Dangote buys Arsenal and starts d#$% around with the club then feel free to criticize him as an Arsenal fan.

[theYemster]

I expect other of our short sighted Nigerians with money miss road to follow suit. It was buying up of real estates in Dubai, London, Potomac, Atlanta, then Private Jets now it is time to link your name to owning or part owning of English League teams.

I mean when we have leaders whether in the past like Fashola cutting Manchester United theme birthday cake or Pinnick posting pictures and bragging about being at the Emirates why won't Dangote try to buy up Arsenal FC.

Ordinarily I'd agree with you but not with Dangote. He is one guy who has consistently invested locally. In fact his net worth has reduced drastically because his investments are mostly in naira. So I'll give him a pass.

[Enugu II]

Stan Kroenke, a US guy who owns several other sports teams like Denver Nuggets and LA Rams controls close to 70% of Arsenal shares as I understand it. If fans own part of the club it must be a very minor part of it. Moreover, the last published valuation of club was about a billion euros.

[mmeny]

Arsenal will not sell to him,a Nigerian buying a club will bring too much unwanted attention and of cause questions will be asked about the state of Nigeria and what has he done to help his own.

I laugh. At the RIGHT price, they will SELL !

There will be noise nothing more.

It is good to dream though everybody and their mama know Dangote will never be majority owner of Arsenal FC.

[YUJAM]

If you want to see racism just wait until Dangote attempts to buy Arsenal

[camex]

How would he pay? Would the seller accept payment in naira denominated stocks. In the current climate will the government accept giving him US$ for the naira equivalent of his stocks?

[Damunk]

I expect other of ourshort sighted Nigerians with money miss road to follow suit. It was buying up of real estates in Dubai, London, Potomac, Atlanta, then Private Jets now it is time to link your name to owning or part owning of English League teams.

I mean when we have leaders whether in the past like Fashola cutting Manchester United theme birthday cake or Pinnick posting pictures and bragging about being at the Emirates why won't Dangote try to buy up Arsenal FC.

Is it your position that Dangote is a short-sighted MMR Nigerian?
Just askin'....

[Damunk]

If you want to see racism just wait until Dangote attempts to buy Arsenal

If he fails in his alleged bid it won't necessarily be due to racism. Its an easy argument to make but the buying up of clubs by non-whites doesn't seem to have been a problem with the right money. You can only make this kind of prediction now because it'll be a first (i.e. by a black person).

Did you happen to be one of those that predicted that Obama would never become POTUS by any chance?
It was an easy argument to make for the natural sceptics at the time and they went to town, confident of the 'safety' of their prediction based solely on the balance of probabilities.

[kawawa]

I heard he still has not given the $1 million he promised SE for 2013 Afcon. Maybe should do that first

[bushboy]

Bump

[Eaglezbeak]

I heard he still has not given the $1 million he promised SE for 2013 Afcon. Maybe should do that first

He’s saving it to buy Arsenal.You shouldn’t believe anything these Nigerian uncles say.

[General Trousers]

Arsenal was previously owned by a Nigerian ... And the guy cashed out and regretted it ...

<<

[Damunk]

I heard he still has not given the $1 million he promised SE for 2013 Afcon. Maybe should do that first

He’s saving it to buy Arsenal.You shouldn’t believe anything these Nigerian uncles say.

Chai! Typical Nigerians.
You guys will always hear the negative and selectively miss the positive.
7 years after the donation, una still dey misyarn.
Una nor even bother check.
"You heard"....
Why una nor go "herd"?

Not only did he donate $820,000 (N130m) in 2013, he donated another $50,000 last year for the AFCON bronze medal.

You're welcome.

[Eaglezbeak]

I heard he still has not given the $1 million he promised SE for 2013 Afcon. Maybe should do that first

He’s saving it to buy Arsenal.You shouldn’t believe anything these Nigerian uncles say.

Chai! Typical Nigerians.
You guys will always hear the negative and selectively miss the positive.
7 years after the donation, una still dey misyarn.
Una nor even bother check.
"You heard"....
Why una nor go "herd"?

Not only did he donate $820,000 (N130m) in 2013, he donated another $50,000 last year for the AFCON bronze medal.

You're welcome.

[Eaglezbeak]

Arsenal was previously owned by a Nigerian ... And the guy cashed out and regretted it ...

<<

When was this?

[Damunk]

I heard he still has not given the $1 million he promised SE for 2013 Afcon. Maybe should do that first

He’s saving it to buy Arsenal.You shouldn’t believe anything these Nigerian uncles say.

Chai! Typical Nigerians.
You guys will always hear the negative and selectively miss the positive.
7 years after the donation, una still dey misyarn.
Una nor even bother check.
"You heard"....
Why una nor go "herd"?

Not only did he donate $820,000 (N130m) in 2013, he donated another $50,000 last year for the AFCON bronze medal.

You're welcome.

Exactly.

[wiseone]

[mcal]

...money miss road that's what he is thinking like that.
No wonder the likes of Piknic is proud to fly to London every weekend while chief of Nigeria football.
We are fuucked as country.

[Tbite]

...money miss road that's what he is thinking like that.
No wonder the likes of Piknic is proud to fly to London every weekend while chief of Nigeria football.
We are fuucked as country.

How can you say such a thing when he REDUCED his company's bottom line to build legacy for Nigeria?

Dangote group would have made MORE money NOT investing in the refinery AND he would have been HEALTHIER AND he would have been happier! The refinery was NOT the best decision for him personally. It was the best decision for Nigeria.

How on earth is chasing loans for a company that was shifted from Ogun State to Lagos state for 5 years, chasing partnerships, building nonexistent mort infrastructure, becoming contractors in an unknown market, negotiating with the NNPC, and battling the oil cartel the easy move....and an example of Nigeria being f**ked.

Quite the opposite, Dangote is the best example of a Nigerian alive today.

Now on the subject of regret, perhaps it is a question of project management principles. You see, the liquidity that Dangote needs could be attained in the reverse sequence, but not in the adopted sequence. Arsenal would make him relatively more liquid and financially flexible than the refinery presently has. The company has grown in value by about 2 billion USD (correct me if I am wrong). I think Dangote underestimated the turnaround of the refinery. what has taken him about 10 years to realise from inception, probably he thought he could achieve in about 5 years.

[EMIR KONGI JAFFI JOFFA]

Alhaji Dangote Sir, don’t buy Arsenal. Please buy Lagos, Ogun and Oyo state from Nigeria for $1b and run it as a private free trade zone . The new Dangoteland will win the WC before Arsenal wins the league. Thank you sir.