Select a Team

Prev Game: Barclays Premier League Sun 7th Feb

prev game - Arsenal
team 1 score team 2
B'mouth 0 - 2 Arsenal

Next Game: Barclays Premier League Sun 14th Feb

next game - Arsenal
team 1 score team 2
Arsenal 12:00 Leicester

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:

Related

Most Popular

Features

Who has the best 'keeper?

Who has the best 'keeper?

As the race for the Premier League title heats up, we analyse the top four's goalkeepers...

This time last year...

This time last year...

Leicester were bottom of the Premier League this time last year. They're not the only side whose fortunes have changed. Take a look...

Ox's time to step up

Ox's time to step up

After Alex Oxlade-Chamberlain scored his first league goal in over 16 months, it's time for the Arsenal youngster to deliver regularly...

Missing Men

Play Missing Men

Arsenal

Arsenal's FA Cup final win in 1998