“He is Everywhere”: Dangote Close to Buying French Club Valenciennes FC
- Nigeria and Africa’s richest man, Aliko Dangote, is close to buying a French club
- Media reports say the billionaire is taking up about 60% stake in the club established in 1913
- Dangote’s previous bid to buy a controlling share in the English club, Arsenal, was unsuccessful
Africa’s richest man, Aliko Dangote, is reportedly closing in on a deal to acquire a French club, Valenciennes FC.
According to reports by the French media outlet, Entreprendre, the Nigerian billionaire would take an initial 60% stake in the Eddy Zdziech family club and then look to consolidate his ownership of the club established in 1913.
Source: UGC
The Guardian reports say the 110-year-old club has spent much time playing in Ligue 1 and Ligue 2, having played 40 seasons in Ligue 1 and 36 in Ligue 2. The club has never won the first division but has won Ligue 2 twice.
It has also won the Championnat National and the Championnat de France Amateur in 2005 and 1998, respectively.
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An acquisition by Dangote might send the club to the next level by getting the best legs and revitalising the entire team as the club aims to retain its Ligue 2 status.
The Nigerian billionaire had unsuccessfully tried to buy a controlling share in the English club Arsenal in 2010.
In an interview with the Financial Times eight years later, he revealed that he would buy Arsenal as a reward for completing his $10 billion refinery.
He reiterated his position in 2020 that he would bid for the English club.
Meet Nigerian billionaire Dozy Mmobuosi seeking to buy English club Sheffield United for N50.6bn
Legit.ng reported that Nigerian tech entrepreneur Dozy Mmobuosi is close to acquiring Sheffield United, an English Club, for around 90 million pounds amid a transfer embargo by the club.
Reports say Mmobuosi is allegedly in the final stages of finalising the deal. He is said to be waiting to pass EFL’s owners and directors’ test, but beyond that, he is good to go.
He founded Tingo Mobile in Nigeria in 2001, which has grown consistently.
Source: Legit.ng
