Previous
Krasnodar
VfL Wolfsburg
2
4
FT
Game Details
Standard Liege
Sevilla FC
0
0
FT
Game Details
Lille
Everton
0
0
FT
Game Details
PAOK Salonika
Fiorentina
0
1
FT
Game Details
Tottenham Hotspur
Asteras Tripoli
5
0
ESPN3 LIVE 86'
Game Details
Internazionale
St Etienne
0
0
LIVE 82'
Game Details
Villarreal
FC Zürich
4
1
LIVE 87'
Game Details
Next

Cobos: Neymar stronger in 2014-15

Barcelona 3 hours ago
Read

Drogba 'not fully fit yet'

Chelsea 13 hours ago
Read

Valdes to rebuild fitness at United

Barclays Premier League 4 hours ago
Read
Mar 3, 2013

Kroenke not interested in £1.5bn takeover

Arsenal have insisted that majority shareholder Stan Kroenke would have no interest in selling his stake amid reports of a potential £1.5 billion bid from the Middle East.

The Sun on Sunday and Sunday Telegraph have both reported that an Arab consortium is interested in the Gunners and would be prepared to pay double the amount the club was valued at two years ago to take 100% ownership.

The group is apparently ready to cut ticket prices, which has been a cause of significant concern in recent times, as well as to prevent the regular sales of the club's key players. It is suggested that Arsene Wenger would come under scrutiny, having failed to bring any silverware to the club since the 2005 FA Cup.

It is said that the deal, which would reportedly wipe out the club's £250 million debt, would be dependent on Arsenal qualifying for next season's Champions League.

However, Arsenal communications director Mark Gonnella told Reuters: "There has been no contact from any potential investors.

"Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake."

Kroenke holds 66.83% of the club, having pushed through a £430million-plus takeover in April 2011. Uzbek oil magnate Alisher Usmanov, who holds a 29.96% stake in the club, is believed to be similarly reluctant to consider cashing in.

Information from the Press Association was used in this report

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.