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Africa’s richest man, Aliko Dangote is reportedly close to buying French Ligue 2 outfit, Valenciennes.
Dangote, according to French news outlet, Entreprendre will acquire 60% ownership of the club.
The Nigerian businessman has in the past been linked with interest in buying Arsenal.
Valenciennes was formed in 1913 and plays its home matches at the recently built Stade du Hainault.
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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 has 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.
This article was updated 2 days ago