Arsenal news

Kroenke on verge of Arsenal takeover

April 11, 2011
By ESPNsoccernet staff
US businessman Stan Kroenke has confirmed he has increased his stake in Arsenal to 62.89% and will now make a mandatory offer to acquire the remaining shares in the Premier League club.

• Would a takeover be good for Arsenal?

Kroenke Sports Enterprises (KSE), which has gradually built its stake in the Gunners since first buying 9.9% of shares in 2007, has bought out major shareholders Danny Fiszman (16.1%) and Lady Nina Bracewell-Smith (15.9%) and agreed terms for ...

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