Talks about Aliko Dangote, Valenciennes takeover emerge again
i

Aliko Dangote

Talks about Aliko Dangote, Valenciennes takeover emerge again

Jidechi Chidiezie 23:07 - 24.04.2023

Should the Dangote deal pull through, he could join an elite list of Nigerian billionaires with major stakes in European football clubs.

Nigerian billionaire Aliko Dangote has reportedly entered discussions with the French club Valenciennes to take over 60-100% of the club in a deal that could amount to €10 million.

Since he twice attempted to purchase London giants Arsenal, in 2016 and 2020, it's been clear that the Nigerian businessman has had his eye set on European football.

Dangote in talks with Valenciennes

President of the Ligue 2 side Eddy Zdziech, had earlier in April, confirmed to the French newspaper L’Equipe that there was indeed a “rapprochement” with the founder, chairman, and CEO of the Dangote Group.

According to a report by Entrpendre, the Nigerian could edge the owners of Premier League club Southampton, to the ownership of the French club.

Dangote is said to want to be the sole owner of the club and wishes to buy 100% of the capital of the club, although the current president Zdziech, holds around 60% of the capital.

Billionaire Aliko Dangote has been in France several times since the reelection of President Emmanuel Macron (Laurence Jay/pool/ABACAPRESS.COM)
Billionaire Aliko Dangote has been in France several times since the reelection of President Emmanuel Macron (Laurence Jay/pool/ABACAPRESS.COM)

It is also understood that the 66-year-old does not just want to own the football club in France, but wants to own a club he can make a major player in European football.

Dangote to join growing list of Nigerian European club owners?

Should the Dangote deal pull through, he could join an elite list of Nigerian billionaires with major stakes in European football clubs.

In March, Danish second division side Aarhus Fremad announced that Nigeria techpreneur Shola Akinlade had bought a 55% majority stake to take control of the club, joining the likes of Nneka Ede, who bought the Portuguese side Lusitano GC in 2020 and C.D. Feirense's owner Kunle Soname as Nigerian European club owners.

English club Sheffield United could be another European club with a Nigerian owner in not distant future following conversations with businessman Dozy Mmobuosi.

Tags: