The Nigerian has an estimated fortune of $15 billion (£10.4billion) and is reported to have wanted to buy into the Gunners when former director Lady Nina Bracewell-Smith was selling her shares in 2010.
Arsenal’s current majority shareholder is American tycoon Stan Kroenke, who remains committed to the Barclays Premier League club for the long-term. Uzbek magnate Alisher Usmanov controls around 30 per cent and has also expressed no desire to offload any of his stock.
Nevertheless Dangote, whose business interests include sugar, flour and oil, remains keen to become part of the Emirates Stadium club sometime in the future. (Euro Sport).