Showing posts with label Stan Kroenke. Show all posts
Showing posts with label Stan Kroenke. Show all posts
Apr 19, 2011
Stan Kroenke and Arsenal: The More Things Change The More They Stay The Same
It would seem that the old adage of "the more things change, the more they stay the same" will be most apt following Stan Kroenke's move to take control of the boardroom at Arsenal FC.
The American businessman is now in receipt of 62 percent of the club and is facing an uphill battle to take full control of it after both Alisher Usmanov (26 percent) and the Arsenal Supporters Trust (claims to own 3 percent and represent up to 15 percent) both refused to sell him their holdings within the club.
As such, the boardroom is now locked in a stalemate; on the pitch the club are more interested in finishing in the top four than winning trophies and given Stan Kroenke's past, this philosophy looks like it will be continued into the future...
Apr 11, 2011
Stan Kroenke Moves to Take Over Arsenal. Bright Future for the Gunners?
American businessman Stan Kroenke has increased his shareholding in Arsenal to more than 62 percent and has now agreed to make an offer for the rest of the club and to Alisher Usmanov who owns just over 26 percent of the club.
A full takeover of the club was triggered after Kroenke Sports Enterprises acquired the stakes of Danny Fiszman (16.1%) and Lady Nina Bracewell-Smith (15.9%) forcing him over the 30 percent threshold which forced a complete buyout of the club...
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