Nigerian billionaire Aliko Dangote denies interest in Arsenal investment

24 May 2010 17:21
Nigeria's richest man, billionaire Aliko Dangote, has denied media reports that he is  considering buying a 16 per cent stake in Arsenal.   [LNB]Dangote had been reported to have registered his interest in buying the stake being sold by Lady Nina Bracewell-Smith, the club's fourth biggest investor. [LNB]Bracewell-Smith has appointed U.S. private equity firm Blackstone Group to find a buyer. And while between eight and 12 parties are said to be taking a detailed look at the potential for investment, Dangote issued a statement denying he was one.[LNB] Up for grabs: Nina Bracewell-Smith is selling her 16 per cent share in Arsenal [LNB]'I am a longstanding supporter of Arsenal Football Club and have been involved in conversations around investment in the past,' Dangote said. [LNB]'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.'[LNB] Arsenal attract interest from billionaire tycoon: Nigerian eyes 16 per cent stakeBarcelona's pursuit of Cesc Fabregas given green light by Spanish FABarca ready to pounce for Arsenal star ...but now it's Eboue back in their sightsARSENAL FC

Source: Daily_Mail