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£1.7 billion price tag set on Arsenal by owner Stan Kroenke

Stan Kroenke

The Arsenal takeover

Arsenal fans will be excited to learn of any news regarding a possible takeover of the club.

Last Friday, after the collapse of the Super League, thousands of Gunners supporters gathered outside the Emirates to protest against the club’s ownership.

£1.7 billion price tag set on Arsenal by owner Stan Kroenke

LONDON, ENGLAND – APRIL 23: Arsenal fans chant and hold placards during a protest against the club’s owner Stan Kroenke ahead of the Premier League match between Arsenal and Everton, outside Emirates Stadium on April 23, 2021 in London, England. The protest, which takes place amid growing discontent over the running Arsenal FC, was sparked by the club’s recent involvement in the European Super League. There was uproar from football fans across the country earlier this week when six major Premier League football clubs, including Arsenal, announced that they were to join the controversial “closed-shop” tournament. Each club has subsequently withdrawn from the competition. (Photo by Leon Neal/Getty Images)

Not only was this directed at Kroenke Sports Entertainment for their involvement in the Super League proposal, but also in response to the club’s gradual decline over the last decade-plus, and silence from Stan Kroenke himself.

This led to Spotify co-founder Daniel Ek committing to tabling a bid for the club. Three club legends even supposedly made their support of Ek’s bid clear.

Arsenal up for sale?

Ek’s interest led to a statement from KSE, denying that any offers had been received, whilst reiterating their intention not to sell.

“In recent days we have noted media speculation regarding a potential takeover bid for Arsenal Football Club,” said Stan and Josh Kroenke in a joint statement.

£1.7 billion price tag set on Arsenal by owner Stan Kroenke

COMMERCE CITY, COLORADO – JULY 15: Josh Kroenke the Arsenal Director with Stan Kroenke the Arsenal Owner before the match between Colorado Rapids v Arsenal at Dick’s Sporting Goods Park on July 15, 2019 in Commerce City, Colorado. (Photo by David Price/Arsenal FC via Getty Images)

“We remain 100 per cent committed to Arsenal and are not selling any stake in the club. We have not received any offer and we will not entertain any offer.

“Our ambition for Arsenal remains to compete to win the biggest trophies in the game and our focus remains on improving our competitiveness on the pitch to achieve this.”

Despite this stance, reports have today suggested that Arsenal has been up for sale for two years now. This isn’t hugely surprising, considering the aforementioned statement. Publicly welcoming offers would drive down the club’s price.

A price tag of £1.7bn had been touted, but this figure is now said to have risen to £2bn, in spite of the club’s decline.

Whether Ek boasts the funds to test the resolve of Kroenke and co. is yet to be seen, though he claims to have acquired the necessary capital to make an offer.

Spotify owner Daniel Ek ‘very serious’ about Arsenal takeover & has secured necessary funds

What Arsene Wenger thinks of Daniel Ek’s possible Arsenal takeover


This article was edited by Conor Laird.

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