I want to buy Arsenal FC to make more money

I want to buy Arsenal FC to make more money - Kalu

The Chief Whip of the Senate, Orji Kalu, says his intention to buy English Premier League club Arsenal was purely for business reasons, adding that he had never been a fan of the Gunners.

According to Forbes, Arsenal are now worth just over £2billion with annual revenues of £309million and an operating income of £33.8million. That club value has risen 23% in the last two years alone and has risen significantly since KSE bought the club.

“I wanted to use Arsenal to make money because it is business. Honestly, I’m not an Arsenal fan,” Kalu said.

“I put a bill before them to sell the club but they were not serious in selling the club. I pray that they will listen to the words of nature. I sent them a bid and interest, and they just replied that they will get back to me.

“I think this is what the problem is. We were serious, backed up by one of the biggest banks in America to do this bid.”

Kalu is not the first Nigerian who has shown interest in buying Arsenal, currently owned by American businessman Stan Kroenke.

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