Sports

Nigerian CEO Buys Majority Stake In Danish Football Club

Shola Akinlade, 38-year-old Nigerian CEO, has bought a 55% stake in second division Danish football club, Aarhus Fremad.

Akinlade, who is also is the co-founder of financial technology company Paystack and Sporting Lagos FC – a football club in Nigeria’s commercial capital, said he was honoured and excited to start this new chapter.

Aarhus Fremad did not disclose for how much Mr Akinlade bought the stake in the club.

Mr Akinlade, who currently lives in California, founded Paystack in 2015 with an old schoolmate and went on to sell the company for $200m (£162m).

Aarhus Fremad is currently top of Denmark’s second division – which is the third tier of the Danish football league system.

BBC 

Follow us on:

AriseNews

View Comments

Recent Posts

Trump Rejects Second Debate With Harris Ahead of US Presidential Election

Former US President Donald Trump on Saturday declined a second debate with Vice President Kamala…

6 hours ago

Oktoberfest 2024 Kicks Off in Munich Amid Stepped-Up Security Following Recent Knife Attack

Munich's Mayor Dieter Reiter has officially opened Oktoberfest at noon Saturday by tapping the first…

7 hours ago

Daniel Dubois Knocks Out Anthony Joshua To Retain IBF Title

Daniel Dubois scored an upset victory and ruined Anthony Joshua's return to London's Wembley Stadium…

7 hours ago

Elon Musk’s X Appoints Legal Representative in Brazil To Comply With Court Orders and Fight Ban

Elon Musk’s social media platform, X, has named Rachel de Oliveira Conceicao as its legal…

12 hours ago

Labour Party’s Olumide Akpata Defeated By PDP’s Asue Ighodalo At His Polling Unit

In a surprising turn during the Edo state governorship election, Olumide Akpata, the Labour Party…

12 hours ago

Ondo Will Become Nigeria’s Entrepreneurship, Innovation Hub, Says Governor Aiyedatiwa

The Governor of Ondo state, Mr. Lucky  Aiyedatiwa, has vowed to transform the state into…

12 hours ago