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.
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.
I have it on good authority that Thierry Henry, Dennis Bergkamp and Patrick Vieira have joined Daniel Ek in his bid to buy Arsenal FC and I am told it is very real. #afc Story: https://t.co/jKhk28kZ9k
— Matt Law (@Matt_Law_DT) April 26, 2021
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.
“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 co-founder and CEO Daniel Ek says he has ‘secured the funds’ to takeover Arsenal and will now present a ‘very compelling offer’ to owners Stan Kroenke and Josh Kroenke to buy the club. pic.twitter.com/JLWskeOHU1
— Sky Sports News (@SkySportsNews) April 28, 2021
This article was edited by Conor Laird.
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