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Dangote Considering Buying Arsenal Fc-bloomberg - Sports (5) - Nairaland

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Re: Dangote Considering Buying Arsenal Fc-bloomberg by Fellonigerians: 10:13am On May 05, 2015
TheImp:



http://www.bloomberg.com/news/articles/2015-05-04/arsenal-ownership-remains-wish-for-richest-african-after-rebuff


He should buy a Nigerian team and sponsor it... That will trigger his fellow millionaires to do the same, since copy-catism is the order of the day in Nigeria... This will revolutionize the Nigerian Football League...

Oga Dangote, charity begins at home... Show them how successfully you can run a team in Nigeria, and use that to sell your qualification for a piece of the action, like Dandy Dandy of Mr. B and friends...
Re: Dangote Considering Buying Arsenal Fc-bloomberg by ewosk: 10:15am On May 05, 2015
shakazuldadon:
he cant
why can't he buy hull or Sunderland and make them a force to be reckoned with....
by the way how many Nigerian clubs has he bought or sponsoring..

Globacom is the NP league sponsor

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by free2ryhme: 10:15am On May 05, 2015
ApexTitan:


You are very ignorant. Who is the chairman of BCC Lions here in Nigeria?

Clowns like you should do a little research before you mount your pulpit of condemnation.

Read this
http://thenationonlineng.net/new/save-bcc-lions-football-club-of-gboko/


He can't even manage BCC lions

Who wants to buy arsenal and run it down
Re: Dangote Considering Buying Arsenal Fc-bloomberg by ewosk: 10:18am On May 05, 2015
For those hating and saying bad investment...Get ur stats right
ARSENAL HAVE NEVER POSTED LOST IN THE DECADE PLUS DAT I KNO OF!!!
So profit wise it's a good investment for a business man... Trophy less or not they make money and profit year in year out

2 Likes

Re: Dangote Considering Buying Arsenal Fc-bloomberg by Nobody: 10:25am On May 05, 2015
I think he shud instead concentrate on contributing back to d economy he made his money from.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by ApexTitan(m): 10:27am On May 05, 2015
free2ryhme:


Read this
http://thenationonlineng.net/new/save-bcc-lions-football-club-of-gboko/


He can't even manage BCC lions

Who wants to buy arsenal and run it down


Yes Dangote wants to spend millions of dollars in buying a majority stake in Arsenal then run it down and lose all his money. Wonderful reasoning on your part.

Stop shifting the goal posts, you initially came in here condemning him for not investing in a local club.

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by eaglechild: 10:32am On May 05, 2015
Capital flight

Look inwards.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by muscoliscious(f): 10:39am On May 05, 2015
shakazuldadon:
he cant



why can't he buy hull or Sunderland and make them a force to be reckoned with.....




by the way how many Nigerian clubs has he bought or sponsoring..
who hates good investment
Re: Dangote Considering Buying Arsenal Fc-bloomberg by free2ryhme: 10:41am On May 05, 2015
ApexTitan:


Yes Dangote wants to spend millions of dollars in buying a majority stake in Arsenal then run it down and lose all his money. Wonderful reasoning on your part.

Stop shifting the goal posts, you initially came in here condemning him for not investing in a local club.


What is the current state of BCC lions of GBOKO whose chairman is Dangote and the Current state of Arsenal football club.

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by dotcomnamename: 10:42am On May 05, 2015
lizzlix:
He can buy the club because he has the money , but I doubt the shareholders will listen to his ofers. If buying stakes at AFC is about money , then ,[s]Alisha Usmanov who is 3 times richer than the Russian mugu (mogul) , CFC owner and Dangote combined would have been the majority shareholder at AFC. Usmanov have tried unsuccessfully for years too [/s].

Dangote will be stakeholder/high-share, not full ownership


Listen to yourself
Re: Dangote Considering Buying Arsenal Fc-bloomberg by Winning123: 10:45am On May 05, 2015
shakazuldadon:
he cant



why can't he buy hull or Sunderland and make them a force to be reckoned with.....




by the way how many Nigerian clubs has he bought or sponsoring..

Wetin be your business sef. He can buy whatever he likes. You wey dey talk sef do you watch local league? If you are so passionate about the local team, go and invest in them too

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by petkoffDrake(m): 10:49am On May 05, 2015
ritababe:
I pray make e happen
Hmm! U? Queen of sexuality section? What does dat mean?
Re: Dangote Considering Buying Arsenal Fc-bloomberg by arsetalks(m): 10:51am On May 05, 2015
ApexTitan:


You stated that if Dangote bought Arsenal that the fanbase in the north (i.e, northern Nigeria) will skyrocket. While I do not have any data to show here I am pretty sure that that demographic will be of little or no consequence to the wealth of the club or the club owner.
At no point did I say the fan base in the north will increase even though thats the truth. And you saying the fan base in a particular area won't affect the wealth of the club is a big lie.


The foreigners who own Arsenal certainly did not buy it to increase their native country fanbase - their target was the global community where the money really lies. Do you think that Arsenal has a considerable fanbase in the US because the owner of the majority stake at the club is American?
Why do you think Kroenke has insisted on Arsenal going to America when it is a common knowledge that the market in America has been made saturated by Real Madrid, Barca and Manchester United who have been going there year in year out for the last 20 years? Why was Usmanov trying to get Arsenal to Russia? And when you say they want global penetration, is Africa/Nigeria not part of the globe? You honestly think there is no reason why Manchester United has been going about establishing academies in Africa? A Craze Arsenal has now joined.

Africa, Asia and Europe are very lucrative markets for English clubs on the macro level. That's why clubs will continue to work these markets. However Northern Nigeria as a demographic will add little or no gains to the coffers of any club simply because as a whole it is not as financially well off as other demographics in this country. The fact that they have the wealthiest people in their group does not mean that wealth is evenly distributed there. It can even be argued that poverty is even worse up North than in other places in this country.
To this I agree but never forget the fact that it is a game of number. The north has massive numbers and it adds up in revenue in the end. Plus I did not talked about the north here. Not at any stage.

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by Nobody: 10:53am On May 05, 2015
ritababe:
I pray make e happen
Are you an Arsenal fan?
Re: Dangote Considering Buying Arsenal Fc-bloomberg by Malazzy: 10:56am On May 05, 2015
He should go ahead and buy Arsenal, i will be so so proud of him. He has been making Nigeria proud, but this one?.. Certainly Will make Africa proud
Re: Dangote Considering Buying Arsenal Fc-bloomberg by ritababe(f): 11:04am On May 05, 2015
RedBenson:


Are you an Arsenal fan?

sure
Re: Dangote Considering Buying Arsenal Fc-bloomberg by arsetalks(m): 11:05am On May 05, 2015
Fellonigerians:



He should buy a Nigerian team and sponsor it... That will trigger his fellow millionaires to do the same, since copy-catism is the order of the day in Nigeria... This will revolutionize the Nigerian Football League...

Oga Dangote, charity begins at home... Show them how successfully you can run a team in Nigeria, and use that to sell your qualification for a piece of the action, like Dandy Dandy of Mr. B and friends...
Listen, Business knows no sentiments. You want him to buy and sponsor a Nigeria team, what will that add to his coffer? Is there any Nigeria team worth more than 500 million naira? No one investor who is in the caliber of Dangote will invest in the Nigeria league until the NFF and the LMC gets serious with improving the fortunes of the league.

Supposing he buys Enyimba, brings in big name players, how will he recoup his investment? Which big player will want to play in a league with so poor stadias? With almost no TV appearance?

Let me ask you, if he buys Enyimba which to me is the biggest club in Nigeria ( forget the heroics of Kano Pillars last few years ), what profit will he be making from them? In what league will they compete? How much prize money will they be fighting for? How does it add to his prestige as a billionaire in dollar?

Until the league body gets serious nothing will be achieved. We have more quality players than SA but they get more money than us. It was easy for Ajax to invest in Ajax Cape Town for this sole reason. MARKETING.

Take a look at the nike sponsorship deal. Nigeria gets less than $6 million per year, lowly Chile gets $30m per year. Forget Chile's recent boom in world football, they are lowly compared to Nigeria in every aspect, we are merely a sleeping giant.

Think about it deeply. Chelsea were rubbish when Abramovich came in and they do not even have a stadium of their own but they had a brandable product. It was easy for Abramovich to pay crazy money to acquire players because he knows once Chelsea start competing regular in the champions league, he will make his money back. And just take a look at his investment pattern with Chelsea, is he still signing players for crazy amount? Chelsea even declared a profit of 7m pounds or there about last year I think. Can he do that in the Nigerian league? Why do you think MTN did not bother with Glo or you think they cannot beat Glo to the sponsorship right if they so want?

If you want him to dash money to the league, I can understand that. How much is prize money for CAF champions league winner? $1 million. Entrance into UEFA champions league fetches you close to $12 million, winning it from next season will fetch you close to $100 million with the new BT sport deal.

3 Likes 1 Share

Re: Dangote Considering Buying Arsenal Fc-bloomberg by ritababe(f): 11:05am On May 05, 2015
Joshkid:
For ur mind...Hope u know hw much an English club c0st?

i hope u know we are talking abt ARM here
Re: Dangote Considering Buying Arsenal Fc-bloomberg by Nobody: 11:07am On May 05, 2015
ritababe:

sure
Lolz. Chelsea for the big boiz.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by mrmetoo1: 11:10am On May 05, 2015
Reference:


Wake up. Socialism doesn't work. I can read your thoughts because of free enterprise. Your phone, your network and yes Dangote cement used in building the base stations..

Please try to understand what I'm saying. I'm not saying what Dangote is doing is wrong, I just mentioned ways they can come at him if they don't want someone like him (black especially African) at the helm of affairs.

Dangote's business practises is another topic for another day.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by JhyMedex: 11:11am On May 05, 2015
shakazuldadon:
he cant



why can't he buy hull or Sunderland and make them a force to be reckoned with.....




by the way how many Nigerian clubs has he bought or sponsoring..
I smell jealousy....sniffs n runs away frm thread

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by mrmetoo1: 11:11am On May 05, 2015
truthfulguy:


Story.

Roman Abramovich has more skeletons in his cupboard so what have they done to him?

Dude Abramovich is a white Russian, Dangote is a black African that was my point just in case you didn't get it
Re: Dangote Considering Buying Arsenal Fc-bloomberg by since1914(m): 11:15am On May 05, 2015
mrmetoo1:
He can't buy it. I'm not sure he's ready for the public scrutiny that'll follow. The world will get in on Dangote's dealings not only for accountability but also racism. A cub with a rich English history all of a sudden taken over by an African. The questions, the ridicule will be bad PR for arsenal. All those "how did he become so rich in a nation with so many poor people?" "He's extorting his people, why are cement prices so high over there" "he has used his connections in government to get away with unscrupulous practices" "if he has that much money how come he's not using it to help his country people" etc. Dangote will spend more time defending himself than anything else. They'll find every way to justify it not happening without necessarily saying "we won't let an African own arsenal"

Any chance of that happening, we really need to clean the image of Nigeria. Nigeria has to be seen as a prosperous nation.

If Roman Abramovic can own a club in England, then Dangote too can own one as well, because Dangote has a far neater image than Roman Abramovic, who built his entire empire on the back of sweet heart deals because of his closeness to Boris Yeltsin's family. All at the expense of the Russian people. Have you forgotten how the English public were treated to a legal debacle in the English courts and the accompanying media brouhaha over Sibneft shares between he and his erstwhile partner, Boris Berezhovsky who also accused Abramovic of intimidation and links to the Russian mob?

Besides Dangote's businesses today transcends Nigerian borders, hence they are very visible and verifiable, hence I see very little that the English press will use against him. As regards the issue of cement prices, we must note that Dangote is not the only cement manufacturer in the country therefore, if the others significantly lower their prices, Nigerians will choose them over Dangote any day. My suspicion is that all the cement manufacturers in the country (Dangote inclusive) are colluding to fix cement prices. If this is the case, then we should rather blame our regulators for creating the avenues for them to get away with it rather than hold Dangote solely responsible. Businessmen around the world always seek loopholes to exploit to maximise profits, and it is the role of government to protect its people from bearing the brunt of their actions.

Lastly, I once heard a rumour several years ago (I don't know if it is true) that Dangote was on the verge of running for NFF (then NFA) presidency but was advised by his friends that as a business man with assets all over the country, that it was possible that fanatical football fans could destroy and vandalise his properties whenever the Super Eagles lose a match. Having observed the pattern of things in this country for some time now, I think that scenario is a very plausible one, hence I wouldn't advice him to risk it. Until the NFL puts it's house in order, no serious business man will put his money in the league. They need to come down hard on match fixing and other vices tainting the Image of the Nigerian league.

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by mrmetoo1: 11:20am On May 05, 2015
arsetalks:

Usmanov has 30% stake in Arsenal and he has a criminal record. And still has a case pending in court. Roman Abramovich was once indicted in court.

Mohammed Faye who used to own Fulham was indicted in the queen Deila bullshiiit.

The Brits don't care about how you get your money once it benefits their bankrupt kingdom.

Besides, it is left to Kroenke and Usmanov to decide if they want to sell or not. However, it will be difficult. Dangote should have been mopping up shares from small shareholders like Usmanov has been doing.

To be successful in a bid now, he has to pay say $3bn which will be 2 times more than the stock market value of the club but that shouldn't be a problem for a man worth close to $16 billion.

I for one want him to buy Arsenal or have major share in the company. Send Kroenke packing.

Again my point really came down to racism!! I can see a lot of Brits kicking against a black African owning the club not saying it's impossible. Now they can't come out openly and say "we don't want him because he's black" what they'll do is "let's take a closer look at him". My point wasn't against Dangote. What I was trying to express was me being skeptical about the Brits acceptance of a black African owning such a historic club. Black players still suffer racism not to talk of a whole cub like arsenal now being in a hands of an African.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by mrmetoo1: 11:26am On May 05, 2015
since1914:


If Roman Abramovic can own a club in England, then Dangote too can own one as well, because Dangote has a far neater image than Roman Abramovic, who built his entire empire on the back of sweet heart deals because of his closeness to Boris Yeltsin's family. All at the expense of the Russian people. Have you forgotten how the English public were treated to a legal debacle in the English courts and the accompanying media brouhaha over Sibneft shares between he and his erstwhile partner, Boris Berezhovsky who also accused Abramovic of intimidation and links to the Russian mob?

Besides Dangote's businesses today transcends Nigerian borders, hence they are very visible and verifiable, hence I see very little that the English press will use against him. As regards the issue of cement prices, we must note that Dangote is not the only cement manufacturer in the country therefore, if the others significantly lower their prices, Nigerians will choose them over Dangote any day. My suspicion is that all the cement manufacturers in the country (Dangote inclusive) are colluding to fix cement prices. If this is the case, then we should rather blame our regulators for creating the avenues for them to get away with it rather than hold Dangote solely responsible. Businessmen around the world always seek loopholes to exploit to maximise profits, and it is the role of government to protect its people from bearing the brunt of their actions.

Lastly, I once heard a rumour several years ago (I don't know if it is true) that Dangote was on the verge of running for NFF (then NFA) presidency but was advised by his friends that as a business man with assets all over the country, that it was possible that fanatical football fans could destroy and vandalise his properties whenever the Super Eagles lose a match. Having observed the pattern of things in this country for some time now, I think that scenario is a very plausible one, hence I wouldn't advice him to risk it. Until the NFL puts it's house in order, no serious business man will put his money in the league. They need to come down hard on match fixing and other vices tainting the Image of the Nigerian league.



You remember Roman's acquisition didn't happen without all that brouhaha, all I'm saying is expect far worse when Dangote attempts to buy it especially because he's a black African. Racism still exists and it's very real.

This might be me just being negative, maybe the world is a better place now and everyone moved on from racism
Re: Dangote Considering Buying Arsenal Fc-bloomberg by ApexTitan(m): 11:26am On May 05, 2015
arsetalks:
At no point did I say the fan base in the north will increase even though thats the truth. And you saying the fan base in a particular area won't affect the wealth of the club is a big lie.


Why do you think Kroenke has insisted on Arsenal going to America when it is a common knowledge that the market in America has been made saturated by Real Madrid, Barca and Manchester United who have been going there year in year out for the last 20 years? Why was Usmanov trying to get Arsenal to Russia? And when you say they want global penetration, is Africa/Nigeria not part of the globe? You honestly think there is no reason why Manchester United has been going about establishing academies in Africa? A Craze Arsenal has now joined.

To this I agree but never forget the fact that it is a game of number. The north has massive numbers and it adds up in revenue in the end. Plus I did not talked about the north here. Not at any stage.

My mistake I was replying to this
nerodenero:
If the deal pulls through, the fan base in the North will skyrocket. The people are just unidirectional. They support there own either by hook or crook.
thinking it was you. I was saying that if Dangote did buy Arsenal that the increased fanbase in northern Nigeria would be of little financial consequence to the club (see my reasons in previous posts) My focus was on that subset of the country not all of Nigeria.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by arsetalks(m): 11:26am On May 05, 2015
mrmetoo1:


Again my point really came down to racism!! I can see a lot of Brits kicking against a black African owning the club not saying it's impossible. Now they can't come out openly and say "we don't want him because he's black" what they'll do is "let's take a closer look at him". My point wasn't against Dangote. What I was trying to express was me being skeptical about the Brits acceptance of a black African owning such a historic club. Black players still suffer racism not to talk of a whole cub like arsenal now being in a hands of an African.
This assertion can only be valid when the fans still own the club. Even the Arsenal support Trust fund headed by Tim Payton and co does not have up to 3% of the club.

Didn't the fans kick against Abramovich? Where they able to stop Ken Bates from selling to him? Yes, they protested against him by ensuring they do not sell Stamford Bridge to him till date but that's the case with Arsenal as the club owns the stadium outright.

Yes, they may say he did not get his money clean but what court indicted him? Was Abramovich not indicted by a court and still very likely to serve a jail term? Was Usmanov also not indicted? I strongly think racism or not, if Dangote wants to buy the club, he will buy it and they can do nothing about it.

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by mrmetoo1: 11:35am On May 05, 2015
arsetalks:
This assertion can only be valid when the fans still own the club. Even the Arsenal support Trust fund headed by Tim Payton and co does not have up to 3% of the club.

Didn't the fans kick against Abramovich? Where they able to stop Ken Bates from selling to him? Yes, they protested against him by ensuring they do not sell Stamford Bridge to him till date but that's the case with Arsenal as the club owns the stadium outright.

Yes, they may say he did not get his money clean but what court indicted him? Was Abramovich not indicted by a court and still very likely to serve a jail term? Was Usmanov also not indicted? I strongly think racism or not, if Dangote wants to buy the club, he will buy it and they can do nothing about it.

Let's get this right Abramovich at the end of the day is a white Russian, Dangote is a black African.

Ticket buyers are a major part of the success of an establishment like arsenal. The racism I'm talking about is not that open racism, it's racist that are openly racist only at their dinner tables. For those, you'll be surprised the numbers are far higher than you can imagine. Those will not come out and say "we won't buy tickets he's black" even though those will exist. These will come out and look for other reasons to boycott the club.

Again this is my personal opinion, I could be very wrong. My view of the world might be warped.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by Orikinla(m): 11:38am On May 05, 2015
TheImp:



http://www.bloomberg.com/news/articles/2015-05-04/arsenal-ownership-remains-wish-for-richest-african-after-rebuff

Arsenal is richer than Alhaji Aliko Dangote.
He should go for Nigerian clubs.
Charity begins at home.
Re: Dangote Considering Buying Arsenal Fc-bloomberg by zheroes(m): 11:49am On May 05, 2015
shakazuldadon:
he cant



why can't he buy hull or Sunderland and make them a force to be reckoned with.....




by the way how many Nigerian clubs has he bought or sponsoring..


he is a business man bro. will you put your money where it will not yield profit in 100 years.? so many factors make it difficult to invest in our leagues, horrible patronage, lack of funds, worrying security for both fans and players, terrible pitch the list is endless. if he was wise he should have gone for a club in the ranks of aston villa etc get a good manager, invest a little , target europa spot and then gun for the big four in four or five years, for arsenal , the english people no go gree oooooo

1 Like

Re: Dangote Considering Buying Arsenal Fc-bloomberg by Joshkid(m): 11:51am On May 05, 2015
ritababe:

i hope u know we are talking abt ARM here
undecided

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