Stan Kroenke closer to takeover bid after snapping up more Arsenal shares

22 December 2009 08:20
American business tycoon Stan Kroenke is just 17 Arsenal shares away from being obliged to make a formal offer for the Barclays Premier League club. [LNB]Kroenke - Arsenal's largest shareholder - acquired 25 shares at a cost of £212,500 last week. [LNB]The Denver-based businessman took his stake in Arsenal to 29.9 percent last month. [LNB] Major shareholder: Stan Kroenke (left) with Arsenal chairman Peter Hill-Wood[LNB] PICTURE SPECIAL: Andrey Arshavin gets into the Christmas spirit as Arsenal star takes family to Winter WonderlandArsenal goalkeeper Almunia slams Hull for 'not knowing how to play football'Dutch fight Arsenal over compensation for Robin van Persie injuryARSENAL FC

Source: Daily_Mail