Dangote close to buying French club, switches attention from EPL giants Arsenal

Africa’s richest man, Aliko Dangote is on the verge of buying French Ligue 2 club, Valenciennes.

French outlet, Entreprendre said that the business mogul is ready to acquire 60% ownership of the club.

Aliko Dangote the Chief Executive Officer (CEO) of Dangote Group - the largest industrial conglomerate in Africa.

Recall that the businessman was interested in buying Premier League club, Arsenal in the past but failed to achieve his objective.

Valenciennes was formed in 1913 and plays its home matches at the recently built Stade du Hainaut.

The club have played 40 seasons in Ligue 1 and 36 seasons in Ligue 2.

The Athenians have never won the Ligue 1 title but have claimed the Ligue 2 title on two occasions.

Valenciennes have also played in the French Cup final once.

They currently occupy 15th position on the Ligue 2 table.