Arsenal news

Former owner regrets Kroenke takeover

August 19, 2013
By ESPN staff

Arsenal honorary vice-president Lady Bracewell-Smith has once again expressed her disappointment with the Gunners board, admitting she "regrets" selling her shares in the club to Stan Kroenke.

Stan Kroenke
PA PhotosKroenke has come under strong criticism after Arsenal failed to secure a major signing this summer.

Kroenke, who became a controlling shareholder at the Emirates after purchasing Bracewell-Smith's stake in 2011, has come under significant criticism over the summer due to Arsenal's inactivity in the transfer market.

Saturday's 3-1 defeat to Aston Villa led Bracewell-Smith to hit out at the majority owner, continuing her suggestions from last year that the American has no passion for Arsenal.

She tweeted: "What a shame the board recommended a Kroenke takeover and paid Rothchilds 3m fee.

"And how deeply I regret selling to Kroenke. #AFC."

Bracewell-Smith then added: "Bring David Dein and give Usmanov representation on the board if we are to have success going forward. #AFC."

The tweets have since been deleted from her account.

Information from the Press Assocation was used in this report.


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