It has been the wish by Nigerian billionaire businessman Aliko Dangote to take over Arsenal for the past years but that is now being threatened with the latest proposals tabled by Liverpool and Man United.
The two Premier League clubs had tabled what they called the ‘Project Big Picture’ which includes reducing the Premier League to 18 teams, scrapping the League Cup and the Community Shield, eliminating the one-club, one-vote principle, and also giving the top nine clubs almost total control.
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Part of the proposal also includes 25 percent of the annual revenue going to EFL Clubs and £250 million paid upfront to help them cushion the effect of the coronavirus pandemic.
Most importantly, the proposal will allow sides to veto a new owner taking over a club and that could affect Aliko Dangote’s bid to take over the North London outfit.
The Nigerian billionaire, who is also the richest man in African, has hinted at the possibility of taking over Arsenal. Although he noted that it might not happen now because of the projects he has and must see them through.
He noted that his company has about $20 billion worth of projects he must concentrate on, hinting that taking over Arsenal can happen after he must have finished his projects around 2021.