Stan Kroenke who used to hold 67% of the ownership of Arsenal Football Club has now acquired full ownership of the team. Previous owners Alisher Usmanov and his company Red and White Securities have accepted Kroenke’s £600m offer for rest of the 30% of the share. With this new deal, the London outfit is now valued at £1.8bn.
The owner’s company, Kroenke Sports & Entertainment(KSE), released a statement which said,”We at KSE are moving forward with this offer leading to 100% ownership of the club. We appreciate Mr Usmanov’s dedication to the Arsenal Football Club and the storied ethos and history the club represents. KSE’s ambitions for the club are to see it competing consistently to win the Premier League and the Champions League, as well as the major trophies in the women’s senior game and at youth level.”
KSE also happens to own NFL’s LA Rams, the NBA side Denver Nuggets, Colorado Avalanche of the NHL and Colorado Rapids in the MLS.
The move is likely to not go down well with the fans as they have been not impressed with him over the past few years. The time of the new deal is also to be questioned as a change of ownership just before the season begins might put an extra burden on the people working at the back. The club should currently concentrate on ending the transfer period on a high and making sure someone like Aaron Ramsey stays at the club.
From Arsenal’s point of view, they will hope that this transition will be smooth and it will not jeopardise their possible transfer targets. With just a few days remaining for the new season to begin, everyone should be concentrated on starting the season well under the new management of Unai Emery.
- Update In Barcelona’s Chase Of This Argentine Forward: Should Setien Pay His Release Clause? - March 31, 2020
- Celtic Forward Emerges As Transfer Priority For Newcastle United: What Will He Add To Bruce’s Team? - March 31, 2020
- Striker’s Agent Talks About A Possible Rangers Move: Will He Be A Good Signing For Gerrard? - March 31, 2020
more recommended stories
Arsenal Vs Tottenham Hotspur Preview & Prediction: Team News, Predicted Lineups, Streaming Links
After two consecutive wins in the.
Partey Starts, Lacazette To Lead The Line | Predicted 4-3-3 Arsenal Line Up Vs Tottenham Hotspur
Arsenal are flying high at the.
Tanganga & Lo Celso To Start | Predicted 4-2-3-1 Tottenham Hotspur Lineup Vs Arsenal
Tottenham Hotspur are hoping to get.
Arsenal And Leicester City Show Interest In Dutch Winger: Why Mikel Arteta Needs Him?
Arsenal have turned their season around.
Lokonga, Smith Rowe And Leno To Start | Predicted 4-2-3-1 Arsenal Lineup Vs AFC Wimbledon
Arsenal are eyeing their third consecutive.
Arsenal Forward Faces Uncertain Future At Emirates: What Should Be Arteta’s Play Here?
According to ESPN, Arsenal are yet.
Arsenal In The Market For This La Liga Forward: A Perfect Replacement For Aubameyang?
According to Rudy Galletti, Arsenal have.
Odegaard Gets 8, Ramsdale With 7.5 | Arsenal Players Rated In Hard-Fought Win Vs Burnley
Arsenal locked horns with Burnley at.
Partey To Start, Ramsdale Keeps His Spot | Predicted 4-3-3 Arsenal Line Up Against Burnley
Arsenal have found some sort of.
Why No Other Leagues Can Match The Premier League For Excitement
The Premier League returned in early.