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David Ornstein reacts to reports that Africa’s richest man Aliko Dangote wants to buy Arsenal

Africa’s richest man Aliko Dangote wants to buy Arsenal and is hoping to be able to do so next year.

The Nigerian has a net worth of more than £8.5 billion and has been constantly linked with taking over the Emirates Stadium outfit.

Arsenal currently belong to Kroenke Sports & Entertainment, with Stan Kroenke being the majority shareholder.

Fans of the North London club would love to see major squad investments that will see the side return to the top of English football again.

It remains to be seen if that will happen anytime soon, but Dangote is hoping to launch a bid to own the club going forward once he is done building the largest single-train refinery in the world in Lagos State, Nigeria.