Get all your news in one place.
100's of premium titles.
One app.
Start reading
Football London
Football London
Sport
Tashan Deniran-Alleyne

When Aliko Dangote can start £2billion Arsenal takeover talks as Stan Kroenke is told to sell

Stan Kroenke remains an unpopular figure with many Arsenal fans and his plans to form a new European Super League hasn't done much to change that opinion.

There has long been frustration with the way in which Kroenke has been running the Gunners.

This is mainly down to a lack of investment in the first-team squad coupled with poor returns on the pitch in comparison to many of the Premier League rivals in recent years.

And things reached a new level over the weekend when it was confirmed that Arsenal were one of the 11 founding members - along with the likes of Barcelona, Real Madrid, Manchester United, Chelsea, and Liverpool - of the new breakaway competition.

According to reports, the American was eager for the Super League to go through as he saw the competition as the way to make Arsenal "the biggest team in the world".

However, not all Gunners supporters shared this view and many were calling for the American to step down from his position at the Emirates Stadium.

Those calls are only getting louder following reports that the Super League plans are in danger of collapsing with Chelsea planning to withdraw from the competition.

talkSPORT report that the 12 member clubs will be meeting on Tuesday evening to discuss disbanding the Super League, and that Manchester United chief executive Ed Woodward has handed in his resignation, while Andrea Agnelli is understood to have also left Juventus following his role as head of the European Club Association.

The news of Woodward handing in his resignation has prompted some Arsenal fans to demand Kroenke do the same - with many pleading with Nigerian billionaire Aliko Dangote to launch a bid.

Take a look at what's been said on Twitter...

Perhaps what is encouraging for Arsenal fans is the fact that Dangote has made no secret in the past of his desire to buy out Stan Kroenke one day and become the owner at the Emirates Stadium.

Amid The Africa Report stating his oil refinery is set to be operational in "early 2021", meaning he can soon start talks with Kroenke in regards to taking control in north London.

Aliko Dangote has said openly that he would like to takeover Arsenal one day (Riccardo Savi/Getty Images for International Commission on Financing Global Education Opportunity)

Something he stated back in January 2020 was his plan.

"It is a team that yes I would like to buy some day, but what I keep saying is we have $20billion worth of projects and that's what I really want to concentrate on. I'm trying to finish building the company and then after we finish, maybe some time in 2021 we can.

"I'm not buying Arsenal right now, I'm buying Arsenal when I finish all these projects, because I'm trying to take the company to the next level."

According to KPMG in 2020 - who measure clubs' enterprise value, which is a measure of a company's total value - a popular metric used to value a company for a potential takeover - stands at £2.073billion.

A timeline of "early 2021" would suggest that the project will be completed at the latest before the end of June and Arsenal fans will be interested to see if Dangote keeps to his word that he will make a move for the Gunners then.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.