Nigerian billionaire Aliko Dangote has told Bloomberg he still plans to buy Arsenal for the "right price" in the future.
Dangote was linked with making an approach to buy a stake in Arsenal in 2010, before he said he decided against the investment.
This week, however, Dangote has been quoted as saying: "I still hope, one day at the right price, that I'll buy the team.
"I might buy it, not at a ridiculous price but a price that the owners won't want to resist. I know my strategy."
Arsenal fan Dangote is Africa's richest man, according to Forbes, and is worth $15.7 billion, reports the Bloomberg Billionaires Index.
Dangote said: "We have $16 billion-worth of investments in the next
few years. Right now I want to take my own business to a certain level.
Once I finish on that trajectory, then maybe" an offer will follow.
He added that Arsenal "need new direction" and manager Arsene Wenger "needs to change his style a bit."
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