world record takeover bid for Arsenal
A world record takeover bid for
Arsenal appears to be doomed.
Reports claimed Arsenal will be
the subject of a £1.5billion bid
from a Middle East consortium
within weeks.
The investors are prepared to
offer American owner Stan
Kroenke £20,000 a share and also
want to buy Alisher Usmanov’s
stake.
But, although he was unavailable
for comment, it is understood
Kroenke is not looking to sell
up and remains fully committed
to Arsenal.
Sources close to Usmanov also
insisted he is in it for the
long-term as Arsenal’s second
largest shareholder and is not
interested in cash incentives.
The wealthy American - reckoned
to be worth £4 billion by the
Forbes rich list - has told the
club on several occasions that
he is at Arsenal “ for the long
haul”.
And his history in dealing with
sports franchises shows that he
has never been keen to sell any
of them that include Denver
Nuggets of the NBA, Colorado
Rapids of the MLS and Colorado
Avalanche of the NHL.
He has said the in the past that
he does not want to sell - and
the feeling inside The Emirates
is that he will resist any
temptation to sell to a so-far
unnamed Arab consortium backed
by funds from Qatar and the
United Arab Emirates.
Arsenal travel to Tottenham for
a crucial north London derby on
Sunday afternoon.
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