“When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for,” he said in the interview.
Dangote, who is worth a reported £11.5 billion, revealed he had almost purchased part of the club in 2011 when Lady Nina Bracewell-Smith had sold a 15.9% stake in the club, eventually purchased by now majority owner, Stan Kroenke.
“There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill,” Dangote added.
“We backtracked, because we were very busy doing other things, especially our industrialisation.”
Dangote also said that Arsenal, who he had been supporting since the ’80s, could be more successful with a change in leadership.
“They are doing well, but they need another strategic direction. They need more direction than the current situation, where they just develop players and sell them.”