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Africa's richest man will fire Arsenal manager if he buys club
[LONDON] Nigerian billionaire Aliko Dangote's first order of business if he succeeds in buying English Premier League football club Arsenal will be to fire the manager, Arsene Wenger.
Mr Dangote, Africa's richest man, has coveted the team since becoming a supporter in the mid-1980s, he said in an interview. He'll consider making an offer once the construction of an US$11 billion oil refinery in the commercial capital, Lagos, is completed.
"The first thing I would change is the coach," Mr Dangote said. "He has done a good job, but someone else should also try his luck."
Wenger is Europe's longest-serving manager. Since his appointment to the London-based club in 1996, he's won three Premier League titles and seven FA Cup trophies. In May, he agreed to a new two-year deal, ending months of speculation over his future prompted by his team's indifferent form last season.
Arsenal's biggest shareholder is American billionaire Stan Kroenke, who controls almost 67 per cent of the company. Earlier this year, Russian billionaire Alisher Usmanov, who already holds a 30 per cent stake, sought to buy out Mr Kroenke in an offer that valued Arsenal at as much as £2 billion pounds (S$3.52 billion).
Mr Dangote, 60, doubts he'd have trouble persuading Mr Kroenke and Mr Usmanov to sell.
"If they get the right offer, I'm sure they would walk away," he said. "Someone will give them an offer that will make them seriously consider walking away. And when we finish the refinery, I think we will be in a position to do that."