Select a Team

Prev Game: Barclays Premier League Sun 15th May

prev game - Arsenal
team 1 score team 2
Arsenal 4 - 0 A Villa

Kroenke ups Arsenal stake

American businessman buys further 160 shares

By James Dall.   Last Updated: 10/07/09 11:02am

  • Share:
Kroenke: 28.58%

Kroenke: 28.58%

Sky Bet

    • Retrieving latest Sky Bet odds

Stan Kroenke has purchased a further 160 shares in Arsenal to take his total holding of the Premier League club to 28.58 per cent.

Last year, American businessman Kroenke accepted an invitation to join the Gunners' board and he is currently the club's largest shareholder.

News of the latest purchase, which cost £1.36million, sees the Kroenke Enterprise Group edge ever closer to the 30 per cent threshold, whereby they would be obliged to make a takeover bid.

However, it has been reported Kroenke has no intentions of any such move, with chief executive Ivan Gazidis recently stating Arsenal's current capital structure is "very efficient".

This week, Arsenal's second-largest stakeholder Alisher Usmanov saw a proposal for a rights issue of new shares to generate cash for new signings rejected by the Gunners' board.

  • Share:


Most Popular


Arsenal's third-biggest transfer?

Arsenal's third-biggest transfer?

Granit Xhaka will become Arsenal's third most expensive signing if he joins from Borussia Monchengladbach this summer.

Who is Granit Xhaka?

Who is Granit Xhaka?

We profile Granit Xhaka - the midfielder Arsenal will pay in the region of £30m for from Borussia Monchengladbach...

Vieira's story so far

Vieira's story so far

Ahead of the New York derby, we take a look at the progress of Patrick Vieira's coaching career with New York City FC.

Missing Men

Play Missing Men


Arsenal's FA Cup final win in 1998