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Kalu wants to buy 35% of Arsenal

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Former Nigeria goalkeeper, Vincent Enyeama, has urged a former state governor to invest his money in local football rather than trying to buy a stake in Arsenal.

Orji Uzor Kalou wants to buy 35% of Arsenal - The Punch, Nigeria, 20 November 2020
Orji Uzor Kalou wants to buy 35% of Arsenal – The Punch, Nigeria, 20 November 2020

Whether incumbent Nigerian senator, Orji Uzor Kalu actually wants to invest in Arsenal or is just using their name to raise his profile, it’s hard to say. Either way, he won’t get his hands on 1% of the club, let alone the 35% he wants.

“Our success with Enyimba football club between 20002007 has continuously increased my passion for football,” Kalu wrote on Facebook. “As the pillar of sports in Africa, I am considering an investment in football and I will buy 35 percent stake in Arsenal FC.

“Our target is to lift the Champions league and premier League back to back as we did with Enyimba.”

His declaration that ‘I will buy 35% of Arsenal’ carries no more weight than me saying ‘I will marry Angelina Jolie,’ in fact, I’ve probably got more chance than Kalu has of getting any of Arsenal away from the Kroenkes.

A few years back, Kalu’s country man, and the richest man in Africa, also wanted to invest in the club. Aliko Dangote eventually gave up in 2018, however, when the penny dropped that the club was not for sale in any manner.

Aliko Dangote
Aliko Dangote

“I’m very attached to Arsenal but if he won’t sell, I might have to change,” said Dangote at the end of 2018. “I’m very much a fan of football. I have to have a club. I don’t have to own Arsenal.”

That was before he completed the construction one of the largest oil refineries in the world. Since then, the output from that plant has seen Dangote’s net worth rise to a reported $10.6bn, making him richer than Stan Kroenke ($8.3bn).

In comparison, Uzor Kalu’s net worth is around $330m.

With Arsenal valued at around $2.268bn, 35% would cost $793.8m.

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