Aliko Dangote: Ten things to note about Africa’s richest man’s proposed purchase of Valenciennes

Aliko Dangote, the wealthiest man in Africa and the 86th richest man in the world, is reportedly close to acquiring a French Ligue 2 team, Valenciennes FC. Here are ten important things to note about Dangote’s proposed purchase:

1. Dangote had previously attempted to purchase a controlling share in Arsenal FC, but his bid was unsuccessful.

2. The Nigerian businessman will reportedly acquire 60% of Valenciennes FC’s ownership for 10 million euros.

3. Valenciennes FC was established in 1913 and has a history of winning various French football championships.

4. However, the team is currently ranked 15th in Ligue 2 and is not performing well in the 2022-23 season.

5. The acquisition by Dangote could potentially bring in better players and revitalize the team.

6. Dangote wants to buy 100% of the club’s capital and turn it into a major player in European football.

7. The businessman is reportedly ready to invest in recruitment and infrastructure to achieve this goal.

8. Valenciennes FC is currently plagued by internal conflicts and is for sale.

9. The current president of the club, Eddy Zdziech, holds about 60% of the capital.

10. Dangote’s financial resources could help turn the club around financially.

In conclusion, if Dangote’s acquisition of Valenciennes FC is successful, it could potentially bring in significant changes to the French football club and potentially propel it to the next level. The businessman’s financial resources and interest in making the team a major player in European football could also bring in significant investment in infrastructure and recruitment, which could benefit the club in the long term.