BEYONCE OUTDOING KIM KARDASHIAN'S CLEAVAGE WITH HUGE BOOB SHOT ???

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Beyonce Outdoing Kim Kardashian’s Cleavage With Huge Boob Shot?

Bow down to Yoncé (and her cleavage)! Queen Bey rocked some insane cleavage in a sexy new Instagram pic, and it’s definitely enough to give Kim K a run for her money. The question is, who outdid who?

Kim Kardashian, 34, and Beyoncé, 32, are both show stoppers who turn heads everywhere they go. While Kim is known for her sexy, cleavage baring ensembles, Yoncé is more picky and choosy about when she decides to bare it all! The “Flawless” singer showed off a huge boob shot in an Instagram pic on May 9 and we want YOU to decide who rocked the cleavage look better — Kim or Bey?

It’s getting hot in here! Oh wait, that’s just Beyonce!The singer bared her sexy cleavage in a low-cut, revealing top for a new photo shoot, which she posted on Instagram. She looks wet and wild in the pic with her hair tightly pulled back, making her cleavage the focus of the pic. How could we possibly focus on anything else?!

Meanwhile, Kim is pretty much the queen of cleavage, and we admire her for being able to rock pretty much every outfit and be super confident about it!

Kim Kardashian & Beyonce: Battle Of The Beauties
Whose cleavage pic is hotter: Beyonce or Kim?Beyonce all day everyday!Kim K and there's no other way!VoteView ResultsIt seems that Kim and Beyonce have been going head to head lately in a hotness battle. At the Floyd Mayweather and Manny Pacquiao fight on May 2, Beyonce ran the world in a red hot ensemble which put her cleavage on full display yet again. Of course, Kim rocked a sexy ensemble during the night as well

SHOCKING BUT TRUE : CHECK WHAT THIS GUY PUT UP ON SOCIAL MEDIA.........

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Check out what this man accused General Hospital, Gbagada of!!!!!!!

He tweeted this yesterday morning.

SEXY MOTHER OF ONE KIM KARDASHIAN SETS OFF TO BRAZIL TO PROMOTE HER CLOTHING LINE

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Kim Kardashian West jets off to Brazil to promote her clothing line

The ever busy, Kim K was spotted in L.A. airport wearing a white top that showed a hint of nipple with a matching high waist pencil skirt.

 She went to Brazil to promote her K Kardashian collection at shopping malls. She said this will be the 1st mothers day she'll spend away from her daughter- North.

She said "I'm actually so sad that I'm going to be in Brazil for Mothers day, so we're doing something the day before.  I just sent out my grandmother's gift, I wrapped my mom's gift, a gift for Kourtney and I know the family's going to get together.

She said I'm going for literally one day so I had North prepare something for Kourtney and my mom"

A PROPHET HIS WIFE, CHILDREN AND LANDLADY FOUND DEAD......

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Prophet, wife, two children and landlady found dead

A 54-year-old Abia State-born Prophet, Onyenonachi Ihezuk­wu Agwu, has been found dead in his four-room apartment in Umuosu Afugiri, in Umuahia North Local Gov­ernment Area of Abia State.

Prophet Ihezukwu, who was blind was the founder and General Overseer of Faith Healing Taberna­cle Ministry, Nkwoegwu. He was a native of Umukabia, but resided in Umuosu Afugiri, while running his ministry at Nkwoegwu.

Others who were found dead with the blind prophet in the apart­ment include his wife, Comfort Ihezukwu who was in her thirties, his 11-year-old son, Emmanuel Godwin Onyenonachi, his daugh­ter, Miracle Onyenonachi Ihezuk­wu, 13 years and his 50-year-old landlady, Mrs Hannah Okpara. Also, three fowls were found dead close to the bathroom of the four-bedroom bungalow.

A very dependable family source who spoke with Sunday Sun on condition of anonymity said that the five corpses were discovered in different places.

His words: “We were called up at the early hours of Sunday, April 19, 2015 and when we got to Umu­osu Afugiri, where they lived be­hind the Methodist Church, we saw hundreds of sympathizers, some crying and others just agonising over the unfortunate incident. We also met policemen from Afugiri Division.

“When we inquired from the police, they told us that they met the generating set on, on arrival. The generator, we were told, was bought three days before their deaths. The generator was found along the passage, inside the bunga­low and the policemen told us that they were the ones that put it off.

The police said that the victims probably died from excessive inhaling of carbon monoxide pro­duced by the generator. The man was the only surviving child of his parents, late Mr and Mrs Ihezukwu Agwu. So far, we are his only direct relations, running around for the burial.”

The five corpses were found in different locations in the apartment. The wife and daughter were found in a room, the Pastor’s was found in the dining area, the landlady was found on the passage, close to the generator, and the three fowls were found clustered close to the bathroom.

According to our source, a cur­sory look around the apartment in­dicated that the victims had eaten a meal of rice before going to bed on the fateful night.

It was also learnt that the lady was a regular visitor to the home of the late prophet, as she usually join the family for all-night prayer sessions.

 This probably explained her presence in the house on the ill-fated night.

When the policemen arrived the scene, Sunday Sun was told, they broke the door to the apartment open and met the generator still running and promptly switched it off.

Going back into the past, he provided a profile of the late prophet, who he said, had lived in Kaduna for 20 years right from 1990, but relocated from there in 2012 to Nkwoegwu to re-start the ministry which he established while in the northern part of the country.

He disclosed that he was still young when the late prophet left their community for Kaduna, re­vealing that the victim was not born blind.

“The blindness developed af­ter the death of his father in August 2002. After a year or two, he devel­oped sight problems, which led to this blindness.

When his father died in 2002, he did not come home for the funeral, even though the mother had been dead long before then. He married before going blind.”

Sunday Sun checks revealed that he ran a flourishing ministry that conducted prayer sessions for people. Two years ago, he lived at Nkwoegwu, close to where his ministry was located.

 Our source disclosed that the last time he visit­ed the late prophet was in Novem­ber 2014.

“After then, I never saw him until this incident happened and we were invited to come to Umuosu.

The problem we are having now is how to bury all of them because there is nobody that is directly re­lated to him except we who are his cousins and we are not financially buoyant to take on the responsi­bility of these burials.

That is why we are appealing to Abia state government and other good spirited people to come to our aid. It has become a big problem for us now.

Burying the five persons at a time is not an easy task for us. Our concern now is to get the case out from the police and make arrangements for their burial,”

Sunday Sun.

ELECTRICITY WORKERS TELLS BUAHRI ' PRIVATISATION OF PHCN IS A FRAUD........

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Privatisation Of PHCN A Fraud, Electricity Workers Tell Buhari

In apparent response to the statement made by the out-going minister of power, Professor Chinedu Nebo, on the need for the in-coming administration not to tamper with the privatization of the power sector, electricity workers in the country have demanded a thorough review of the privatization of Power Holding Company of Nigeria, PHCN, alle-ging that the privatization project was fraught with irregularities.

The workers further alleged that the privatisation exercise had made electricity generation and consumption in the country ineffective.

The workers, under the aegis of National Union of Electricity Emplo-yees, NUEE, insisted that the payment of over N200 billion to the private sector by the government after the privatization exercise leaves much to be desired, and urged the incoming administration of Gen. Muhammadu Buhari, rtd, to revisit the exercise.

The executive members of the union, led by the General Secretary and factional President of Nigerian Labour Congress, NLC, Comrade Joe Ajaero, said this in Abuja, while conducting select journalists round the site of abandoned 60 containers of 52KVA electricity transformers, at Kubwa, in Abuja.

Speaking on behalf of the NUEE executive members, Ajaero argued that if after many months, privatization of electricity in the country had failed to bring positive impact to electricity consumers, then, there was the need for the Buhari-led presidency to revisit the programme.

Comrade Ajaero said: “We want to say, as a union that the sham called privatization should be revisited. If privatization, as we were told, was to bring us heaven-on-earth elderado, and it has not done that, why should we insist on it?.“

Of course, our position as NUEE, has been no to privatization, especially given that we are an underdeveloped economy. It is the function of the state to provide power.

“Even the so called privatization, you can see that even this year alone, between January and now, they have even given the so called private sector over N200 billion. So, why fund them if you say the electricity is in the hands of the private sector?

That brings you to the point of the fraud on who owns them.“Why would you sell your house to somebody and you still give him money to maintain it? So, it’s a fraud.”

Emphasizing on the minister’s comment that privatization of PHCN must stay, Ajaero added: “We want Buhari to ask questions first and foremost because it is wrong for a an out-going minister to be setting agenda for Buhari to reverse or not to reverse the privatization of PHCN.“

A minister who inherited about 4000 megawatts and is today, battling with just 2000 and something megawatts, doesn’t have the moral courage to advise incoming government on what to do.


Ajaero stressed: “If he Buhari asks questions for some months, he will now know the direction to move.

”On the abandoned containers, Ajaero said he was alerted on the abandoned equipments by concerned citizens who got wind of the development.“

With these transformers hidden here, you can now understand that while they were privatizing, certain properties were being hidden, “he alleged.www.vanguardngr.com/2015/05/privatisation-of-phcn-a-fraudelectricity-workers-tell-buhari/

ABIGAIL, JOHN FASHANU'S WIFE ,ATTACKED HIM WITH SAMURAI SWORD HIS SISTER CLAIMS ........

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John Fashanu's wife, Abigail, attacked him with samurai sword his sister claims

The last has not been heard on the on-going battle between former football star John Fashanu and his estranged wife Abigail Onyekwelu, Adaeze Yobo's mum. In a new interview, John's sister, Princess Fashanu claimed that Abigail attacked John with a ­samurai sword during one of their fights..many of which she witnessed.


"She’s dangerous, she’s a violent woman. I’ve seen the violence. Trust me, I don’t want my brother in this relationship.

 She swung my brother’s Samurai sword, which he has for martial arts, at him. If he hadn’t been alert and in the right position she would have stabbed him right through the heart.

 She would have killed him."
"She also threw a bottle of wine at his head. She was complaining that she needed some money to get some stuff.

My brother was saying to her, ‘Calm down’. Before you knew it she just threw a bottle of wine at him. There was blood everywhere.

The woman is crazy. She spent £500 on a fake plastic bum to make it look bigger. She’s not normal. You can’t meet violence with violence, for God’s sake. He had to walk out.” Princess said

THE WORLD HEALTH ORGANIZATION DECLARED LIBERIA EBOLA FREE ...........

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Liberia declared Ebola free

The World Health Organization WHO has declared Liberia, one of the countries worst hit with the deadly Ebola virus epidemic in Africa free from the virus.


This declaration comes after no new case has been reported in the last 42 days. Over 4,700 deaths from Ebola virus disease was recorded in Liberia.

KARRUECHE TRAN SHOWS BIRTHDAY FLASHBACK OF LAST YEAR PLUS PHOTO OF CASSIE TOUCHING HER BEHIND..........

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Karrueche Tran shows birthday TBT photo of Cassie touching her 'behind' (Photo)

Chris Brown's ex, Karrueche, whose birthday is coming up in a week took to her Instagram page to share this throwback photo. :-)

GRAPHIC PHOTO : A MAN WAS CAUGHT HAVING SEX WITH A GOAT IN OGUN STATE......

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Man Caught Having Sex With A Goat (Photo)

A man named Akinbobola Taiwo Oluwa was caught having sex with a goat in Ogun state.  One word for this man...


Source: https://m.facebook.com/profile.php?id=82652570677#!/story.php?story_fbid=10152883170765678&substory_index=0&id=82652570677

KENDALL JENNER SHOWS OFF SEXY KINKY BOOTS WHILE OUT WITH KHOLE KARDASHIAN........

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Kendall Jenner Shows Off Kinky Boots While Out With Khloe Kardashian

Slam dunk for Kendall! The ‘KUWTK’ star sported one of her sexiest fashion choices yet while attending an L.A. Clippers game with Khloe on May 8, rocking a pair of knee-high gladiator boots. So sexy!

Well, that’s one way to make a statement! Kendall Jenner, 19, turned heads while cheering on the Los Angeles Clippers with Khloe Kardashian, 30, on May 8, scoring some major fashion points. The sexy reality star and model showed off her mile-long legs in a pair of kinky gladiator boots, which is by far one of her hottest fashion choices yet!

STEVE GOCHUKWU SAYS YUL EDOCHIE AND I WERE LOVERS ..........

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Yul Edochie And I Were Lovers –steve Ugochukwu......

Last week, in an exclusive chat with Saturday Beats, popular actor, Yul Edochie, explained how a gay stalker was making life unbearable for him. He claimed that the gay stalker, Steve Ugochukwu, met him through Facebook and demanded to be his gay partner.

He also shared how Ugochukwu always called him and his wife incessantly.But in a twist of event, Ugochukwu contacted Saturday Beats via Facebook to state his side of the story.

Steve UgochukwuThe young man who resides in Canada, expressed shock that Edochie referred to him as a stalker. He told Saturday Beats via a series of mail how he met Edochie and sent some snapshots of their conversation.

He claimed that he was in a discreet sexual relationship with Edochie who always demanded gifts from him. He queried why the actor would demand gifts from him if he were a stalker.Ugochukwu said that so far he had sent an iPad and two wristwatches to the actor.

 He said whenever they have lover’s tiff, Edochie would get slightly upset and would ask him to pay a fine which he would gladly pay.He said, “I met him via a friend, a gay Nollywood location manager.

My friend told me that Yul Edochie was his ex boyfriend, so I decided to give it a trial of which he accepted. He requested that I should send him my picture of which I did. I started asking for his and he refused.

By that time, I had filed papers for his family to travel to Canada and sent him two chronograph timepieces and other material things which he requested.

 We were in a discreet bisexual relationship because he mentioned to me not to get his wife involved. He also told me over the phone the hours I should call him and when not to.

“When he is on location, I can call anytime I want. The relationship went sour because he refused to send the pictures of his manhood after I sent mine. When he refused, I kept calling his line and he started changing his numbers.


But later, he told me he didn’t want to send it to me because of his colleagues. He said he was scared that I might leak the pictures and his colleagues would see it.”Ugochukwu told Saturday Beats that he and Edochie were in a relationship for about a year and a half.

He said that they had intimate discussions over the telephone.“I need to know if he was trying to scam me or rip me off. Why would he be requesting gifts from me if we weren’t into each other? If we weren’t in a discreet relationship, he wouldn’t say such to me.


No hard core straight guy would ever open his mouth to say that to a stalker but he told me that several times. He said anytime I insulted him, I would pay fine. Yes, I paid fines because he kept demanding things from me,” he said.http://www.

punchng.com/entertainment/saturday-beats/yul-edochie-and-i-were-lovers-steve-ugochukwu/

MAN STABS GIRLFRIEND AFTER SHE CAUGHT HIM SUCKING HER SISTER'S BOOBS.......

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Man Stabs Girlfriend After She Caught Him Sucking Her Sister's Boobs.

The trouble began when James was caught sucking the bosom of Rita’s sister, Juliet at their White House road residence, Agudama- Epie.

Juliet, a nursing mother, had paid a visit to her sister at her residence and at night when she fell asleep, James allegedly crawled up and started sucking her bosom.Juliet was woken up by this and immediately raised the alarm waking up her sister and some neighbours.

Due to the degree of perversion, Rita could not cope with the embarrassment and she decided to end her relationship with James.Friday afternoon, neigh­bours alerted the Akenfa Police station when Rita was found in the pool of her blood with a kitchen knife by her side.

The police having been told of the story between Rita and James immediately launched a man­hunt for him and he was found unconscious in a nearby bush af­ter taking a substance suspected to be poison.



The police rushed him to the Federal Medical Centre, where doctors were able to revive him and are battling to save his life, while the body of Rita has been deposited at the FMC mortuary.

http://pulse.ng/gist/disturbing-man-stabs-girlfriend-after-he-was-caught-sucking-her-sisters-bosom-id3739172.html

WHEN THE BRIDE PRICE IS TOO HIGH FOR HIM TO PAY.........

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When The Bride Price Is Too High For Him To Pay....

There are different wedding traditions which are observed by prospective couples across the world, while some are pretty simple, straight forward and cost nothing, others can be complex, expensive and deeply involving too.

 In Nigeria and most African countries, the most important tradition of all is “the bride price” a wedding tradition observed according to the customs and norms of the bride’s family. Every culture has different process of paying the bride price but every tradition serves the common interest of the bride and her family.

The significance of a bride priceA bride price is a traditional practice to receive from the groom’s family in form of goods, livestock and money given to the family of the bride in appreciation of her nurturing from infant to maturity during the traditional marriage rites. It demonstrates the ability of the man to continue to take care of their daughter as they set out on life’s journey together.

 It is often based on the bride’s family’s set rules and requirements and can also be measured according to her family’s wealth and social status. Where the bride attains a good level of education, the bride price tends to be much higher.

The implicationThe importance of the bride price cannot be overlooked so much that women whose bride prices are not paid before marriage often feel cheated and unsettled in their marriage. A marriage is incomplete when the bride price is still outstanding and until the man does the right thing, the woman’s family will not accept him as an in-law.

ExploitationAs significant as the tradition is, the practice appears to have become so commercialised that it has lost the flavour of the old school and the traditional values are gradually fading away too. Commercialisation of bride price or high bride wealth is a common practice in some parts of Nigeria.

A young man recently called to seek my advice on his bride price dilemma; he was given a list of items by his prospective in-laws which included a cow and several other expensive goods. Just as he was finalising the list, he received a call to attend a meeting with the head of the family.

At the meeting, he was told that the first list he was given was not conclusive. In a nutshell, he was asked to buy another cow but unfortunately, he had spent all his savings buying all the items on the list.

 They continued to demand for the extra cow which left him sad and confused.Today, many men fall into this trap and others choose to delay their wedding proposal since the bride price is gradually shifting towards buying a wife too.

NotesWith due respect to our elders and families who truly believe in the traditions of bride price, I hold this issue in high esteem with so much emotional attachment too.

Yes, I obviously sympathise with many young men and their families who have to pay the price but in my opinion, it truly sets the men apart from the boys and men who have respect for such traditions are more likely to meet their financial obligations within the marriage too.

On a lighter note, negotiations can also be made where necessary but strong traditions such as these should not be undervalued and misunderstood.Let us give Caesar what belongs to Caesar.

www.punchng.com/entertainment/dreamweddings/when-the-bride-price-is-too-high-for-him-to-pay/

WHO WARNS THAT EBOLA MIGHT BE TRANSMITTED SEXUALLY.....

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WHO warns that Ebola might be transmitted sexually

The World Health Organisation has issued an interim advice on the possibility of Ebola Virus of being sexually transmitted.

The WHO had directed all Ebola survivors and their sexual partners to receive counselling to guard against possible transmission of the disease.

This is contained in a statement made available by WHO to newsmen in Lagos on Saturday.

It indicated that the sexual transmission of the Ebola Virus had yet to be established.

WHO said, “The sexual transmission of the Ebola Virus from males to females is a strong possibility, but has not yet been proven; less probable, but theoretically possible.

“Studies have shown that Ebola virus can be isolated from semen up to 82 days after symptom onset.

“A recent case investigation identified genetic material (RNA) from the virus by nucleic acid amplification tests (such as RT-PCR) 199 days after symptom onset.

“This is well beyond the period of virus detecting ability in the blood of survivors and long after recovery from illness.

“The detection of virus genetic material many months after symptom onset is assumed to reflect the continuing, or at least very recent, presence of live and potentially transmissible Ebola virus.”

More surveillance data and research are needed on the risks of sexual transmission and particularly on the prevalence of viable and transmissible virus in semen over time, WHO said.

WHO recommends that, in the interim, all Ebola survivors and their sexual partners should receive counselling.

It added that this is to ensure safe sexual practices until their semen has twice tested negative; and survivors should be provided with condoms.

“Ebola survivors and their sexual partners should either abstain from all types of sex or observe safe sex through correct and consistent condom use until their semen has twice tested negative.

“Having tested negative, survivors can safely resume normal sexual practices without fear of Ebola virus transmission,” the statement added.

NAN

AMBER ROSE STUNNING DRESS FOR THE PREMIERE OF HER NEW MOVIE SISTER CODE IN LOS ANGELES , CALIFORNIA ..........

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Check out what model/actress and Wiz Khalifa's ex-wife, Amber Rose wore when she stepped out for the premiere of her new movie Sister Code in Los Angeles, California.

The mum-of-one opted for all black to flatter her form, topped it off with elegant peep toe heels and a pink colour-pop mani-pedi. Homegirl was really flaunting her assets! More pics after the cut.

35 YEARS TEACHER ARRESTED FOR RAPING 12 YEAR OLD STUDENT ......

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35-yr-old Teacher Arrested For Raping 12-yr-old Student.

A teacher who is supposed to impart good morals into his students is now in the net for raping one of his 12-year-old pupil.


A 35-year-old secondary school teacher in Jigawa State, has been arrested by the Nigeria Security and Civil Defence Corps (NSCDC), in the state for allegedly raping a 12-year-old Junior Secondary School, JSS1, student.

According to the state Commandant of the corps, Muhammad Gidado, the suspect who is a classroom teacher in a Junior Secondary School is the state, allegedly raped the girl on Wednesday, May 6, 2015, in one of school toilets and was caught in the act by another teacher who reported the case to the school authority.


The commandant added that when the girl was interrogated, she confessed that the teacher had been having carnal knowledge of her for a long time, both during school hours and after school.


Gidado said further that the suspect who is married with four children, has confessed that he committed the crime and would soon be charged to court.

http://pulse.ng/gist/bad-example-35-yr-old-teacher-arrested-for-raping-12-yr-old-student-id3736779.html

TYGA'S FUTURE BABY &THEN MARRIAGE PLANS WITH KYLIE JENNER .........

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Tyga’s Future Baby & Then Marriage Plans With Kylie Jenner.

Tyga is all about Kylie! In fact, he’s in it for the long haul with the reality star, as HollywoodLife.com EXCLUSIVELY learned that he wants to settle down with her, and is already thinking of baby and marriage plans. Find out all the details!

Tyga, 25, is head over heels for his girlfriend Kylie Jenner, 17, and he knows he wants to be with her a very long time! After his ex Blac Chyna, 26, tried to come between them, Tyga has only grown more fond of Kylie, and is already thinking big when it comes to their future together. So what exactly does he want and when?

AMBER ROSE TAKES BACK WHAT SHE SAID ABOUT KANYE WEST AND BLAMES IT ON ALCOHOL LOL..........

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Amber Rose tries to take back what she said about Kanye, blames it on alcohol

Amber Rose has a gag order not to spill any secrets about Kanye from when they dated. Well, she did last weekend while hosting at a club when she accused Kanye of not writing his own songs.

After the video went viral, Amber took to her Instagram page to kinda take back what she said and blamed it on being drunk.

DISCOVERY : 8 YEARS OLD BOY FOUND IN SUITCASE AT SPANISH BORDER.....

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Photos: 8 year old boy found in suitcase at Spanish border

How can you risk your child's life this way? An 8-year-old boy from the Ivory Coast survived several hours locked in a suitcase, bundled in a fetal position, as his family tried to smuggle him into Spain. But they didn't succeed as police officers discovered him in the suitcase via scan on Thursday May 7 in El Tarajal, a terrestrial point of entry at Spain's border with Morocco. See more pics after the cut...

The boy, who is now in Spanish custody, is believed to have spent many hours in the pink, medium-sized polyester suitcase, pressed against a few personal belongings.
"He was shocked when we opened the suitcase to see so many people looking at him," a Spanish police spokesman told CNN. He also said the boy is in good condition.
The police spokesman said police officers in El Tarajal became suspicious when a 21-year-old woman, a Moroccan National, showed signs of nervousness as she attempted to cross the border wheeling the suitcase down the street.
"Our officers asked her if she needed help as the wheels began to give in," the spokesman said.

Suspecting a drug smuggling case, police brought the suitcase in for an x-ray. That is when they found the boy.

He was immediately taken to a state child custodian and awaits judicial process, the official said.
A man who is apparently his father, identified as A.O., was arrested a few hours after the boy was found. The man, who has permanent residency in Spain, awaits formal charges.

The spokesman said this is the first time they have found this type of smuggling, in which a child was locked into a container.

Source:CNN

ETCETERA SAYS DABGOTE CANNOT AFFORD TO BUY ARSENAL FOOTBALL CLUB.......

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Dangote Cannot Afford To Buy Arsenal Football Club – Etcetera.

You have sold some shares and you’ve got some money to spend. Now you want the ultimate: Your own football club. Hold on there, are you sure?

 Football clubs are a nightmare to run. In fact, almost two-thirds of premiership clubs have been in receivership at some point. Remember Portsmouth FC ploughed through four owners some seasons back and landed itself a debt of £60m and relegation in the Championship.

Think of Leeds United’s tragicomic collapse; the balls-up at Cambridge United; Rotherham going into receivership in 2006 and 2008; Southampton’s sorry saga. And, of course, Crawley Town getting a winding up order years back. So, what do we know? Don’t buy a football club for the glory.

 So, before Dangote aspires to join Abrahamovic, Glazers and Al Mansours, he should make sure he knows his stuff.But does Dangote know how much these football clubs really cost?It is often mistaken that these clubs go for a quid. For instance, Swansea City was bought by investors for £100, and sold four years later for a £1.

But beware: underneath those figures lies a pile of debt.Does Dangote have the cash, can he do an Abramovich?No, he can’t. New UEFA Club Licensing and Financial Fair Play Regulations already in place, require clubs to balance their income and expenses. Dangote cannot operate under such rules.

The premiership is too organised and transparent for any businessman to easily manipulate. The wage structure of footballers is too large for a businessman like Dangote to take on. Let us forget that those goons at Forbes have told us that Dangote is Africa’s richest man

 As it stands, he cannot afford the outright purchase of a big football club like Arsenal. It is as simple as that. He will go broke. It is a possibility if we are talking about a club in the coast of West Africa. Dangote has most of his wealth in shares and physical assets and the football business requires liquid cash to sustain.

Have we all forgotten that the same Dangote got a 3G licence and sold it to Etisalat? He is a very smart businessman who knows how to pick his areas of investments.Can he get Bank backing?Unlikely! No serious private equity firm would get involved with a football club. They are not proper businesses.

Too much politics, too many egos. And there’s no proper exit route – the history of football clubs on the stock market is chequered, to say the least. They are rich men’s toys, great for entertaining your mates, and that’s about it. I don’t think Dangote can afford such an expensive toy.A lot of people think it is relatively easy to make a million pounds by being the owner of a football club.

That all you have to do is put in that first two million pounds. But these people should also know that since the English Premier League was formed in 1992, football finances have dried up to the extent that making a million pound profit is no longer a walk in the park.

 It is also the case that buying a football club is unlikely to yield that much of a return. Despite the significant TV and other commercial revenues, football clubs in England’s top flight still struggle to break even.

This is ironic, given the goal of setting up the Premier League was to stabilise club finances.Is Dangote putting his heart over his head?Yes I think so. Simon Jordan, in his autobiography, tells the story of how owning a football club can go terribly wrong. Jordan amassed a fortune of £75m in the early days of the mobile phone revolution.

In 2000, he paid £10m to take control of South London football team Crystal Palace, becoming the youngest football club chairman at the age of 32. He was warned by many not to do it, but having watched the club since his childhood, he could not resist. Fast-forward 10 years and the club was in administration and Jordan’s personal wealth largely wiped out.


 It is reported that Roman Abramovich, the Russian owner of Chelsea, has written off more than one billion pounds he ploughed into the club since acquiring it in 2003. Catching him up fast is Sheikh Mansour from Abu Dhabi, who has invested close to one billion pounds in Manchester City since 2008.

Can Dangote write off such a huge amount of money? It is in fact the amount of money he borrows to invest in businesses. But again, I think Dangote is just trying to hype himself. Most of the serious money flowing into football recently has come from the Middle East.

 The Qatar Investment Authority (the country’s sovereign wealth fund) bought the French Ligue 1 side Paris St Germain in 2011 and has gone about transforming them in the same way Sheikh Mansour has Manchester City.

Forget those guys at Forbes, Dangote is not in the same league as these guys.The Glazer Family bought Manchester United in 2006, recognising the immense value of its global brand as a cash generator and the opportunities to enhance it even further.


 The cost of buying the club was loaded on to the club itself, with the revenues it generates used to pay the debt and interest that the Glazers undertook to buy the club. Eventually, the hope is that the club will essentially pay for itself leaving its American owners in possession of a multi-billion pound asset but till date, the Glazers are still gnashing their teeth and are still neck deep in debt.

When it was speculated that a Middle East consortium was willing to pay £1.5bn for Arsenal Football Club, it was stated that Stan Kroenke, the American who owns about 63 per cent of the shares in the club, would have made just £400m on his shares.

 So, given the appalling financial returns, why do people buy football clubs?Who can buy Arsenal football club?Anyone can buy Arsenal football club, but that anyone doesn’t include anyone who obtains bank loans to fund a business. Sir John Madejski, chairman of Reading Football Club, describes the ideal football club owner as having deep pockets, mercurial, and not faint-hearted.

http://www.punchng.com/columnists/etcetera/dangote-cannot-afford-to-buy-arsenal-football-club/