Arsenal close to Stan Kroenke takeover

26 November 2009 16:41
Kroenke, the American businessman, bought a second batch of Arsenal shares this week, pushing himself closer to the threshold that forces him into make a takeover bid. [LNB]The Premier League club have said that Kroenke acquired 20 more shares at a cost of £170,000. [LNB] Related ArticlesStan Kroenke gains support for Arsenal takeoverStan Kroenke increases Arsenal stake to 29.9pcStan Kroenke keeps Arsenal fans guessingSport on televisionThe Denver-based businessman took his stake in Arsenal to 29.9 per cent on Monday after acquiring 10 shares. If he reaches 30 per cent, he must make a takeover bid. [LNB]Kroenke, who also owns the Colorado Rapids, the Denver Nuggets and the Colorado Avalanche, needs to buy 42 more shares to take his holding to 30 per cent. [LNB]Alisher Usmanov is the club's second-largest shareholder with a 25 per cent stake, but the Russian businessman has not been invited on the board of directors. [LNB]Free bet on Arsenal v Chelsea. Guess the outcome right and win £15[LNB]

Source: Telegraph