Source: Team_Talk
Kroenke closer to Gunners bid
The Gunners announced that Kroenke has spent £765,000 (US$1.2million) buying 90 shares to increase his holding from 28.7 to 28.9 per cent.
That is a fraction short of the 30 per cent threshold that would trigger a mandatory offer for the remaining shares, although Kroenke has previously said he is not interested in pursuing a full buy-out.
Kroenke has made his personal fortune from real estate, which is estimated to be around US$3.5billion (£2.2billion).
He first acquired shares in the London giants when buying a 9.9% stake in April 2007 and has gradually increased his holding, joining the club's board of directors in September 2008.
The 62-year-old has been praised as a "model owner" by Arsenal chief executive Ivan Gazidis and owns American MLS franchise Colorado Rapids, with whom Arsenal have a technical link-up.
He is a keen sports fan and also owns basketball team Denver Nuggets and ice hockey team Colorado Avalanche, along with a 40% share in American football's St Louis Rams.
