Nigerian denies Gunners link

Image: No new investment for Wenger or Hill-Wood

Nigerian billionaire Aliko Dangote has denied rumours linking him with buying a stake in Arsenal.

Nigerian billionaire not interested in stake

Nigerian billionaire Aliko Dangote has denied rumours linking him with buying a stake in Arsenal. Reports over the weekend linked Dangote, his country's wealthiest man, with buying a 16 per cent share from Nina Bracewell-Smith, the Gunners' fourth biggest investor. With Gunners boss Arsene Wenger notoriously frugal with his funds in the transfer market, and with the possible sale of captain and talisman Cesc Fabregas, the prospect of more money in the club's coffers would certainly be one that would appeal to the club. Bracewell-Smith has appointed a US private equity firm the Blackstone Group to find a buyer for her stake in the Gunners.

Supporter

Dangote however insisted that he has made no connection about buying any stake in the club in recent times, despite being an avid supporter of the team. "I am a longstanding supporter of Arsenal Football Club and have been involved in conversations around investment in the past," Dangote said in a statement. "However, I can say categorically at this time that I have no intention of investing in the club and will not be acquiring a stake. "I wish Arsenal Football Club the best for the future and will continue to follow the team as a fan."

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