Prominent Nigerian businessman Aliko Dangote has disclosed that he chose to focus on investing in his refinery business rather than pursuing his long-term dream of buying Premier League giants Arsenal.

He revealed that at one point the club was valued at $2 billion, and he had the means to purchase it to fulfill his dream as a staunch fan.

However, he reflected on the fact that investing in the Gunners would have come at the detriment of his refinery project, which required significant financial support to reach completion.

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Speaking in an interview with Nicolai Tangen, CEO of Norges Bank Investment Management, Dangote explained that he eventually decided to channel his funds into the refinery and abandon the Arsenal purchase.

“I’m a big Arsenal fan, yes, I nearly bought the team. When I was focused on buying Arsenal, I was also focused on getting the refinery to completion. At the time, Arsenal was worth about 2 billion dollars, so I asked myself: should I put my 2 billion dollars in Arsenal and allow the business to suffer, or continue the business and remain a very big supporter of Arsenal?” he said.

The Nigerian business mogul noted that he has remained a die-hard fan of the club while concentrating on growing his Dangote Refinery, which has gained significant ground across the continent.

“So I decided to continue to support them, watch their games. Anytime Arsenal plays, I always wear the jersey. I am a fan, it is better I remain a fan and continue to fund my business,” he added.

SB/JE

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