Kroenke set to buy St Louis Rams

Published : 13 Apr 2010 15:55:53

US billionaire Stan Kroenke has said he intends to take full ownership of the St Louis Rams American football team.The move surprised observers as it was thought that Mr Kroenke was focusing on a possible bid for Arsenal football club, where he already holds 29.98%. Mr Kroenke, who owns 40% of the Rams, will have to spend about $750m (£486m)to buy the rest of the NFL team. However, Henk Potts, analyst at Barclays Stockbrokers, said the Rams' deal did not preclude an Arsenal bid. The owners.... read more