Posted on May 19, 2017 by ADMIN

Kroenke refusing to give up Arsenal ownership despite monster bid?

Arsenal’s management structure may currently be one falling into turmoil, with future of Arsene Wenger remaining uncertain and whether Ivan Gazidis is going to stick with the Gunners next season. However such uncertainty doesn’t seem to be putting one shareholder off from making an offer for the entirety of the club.

Arsenal are currently owned by a number of shareholders, with the main stakeholder Stan Kroenke, or Silent Stan as he is commonly referred as, being in control of the club’s affairs. The American is notorious for being more interested in the financial gain of owning a sports club than for the success it can bring in from achieving major honours. As a result, Kroenke focuses on making profits under a buy to sell regime rather than looking to increase gain from being a successful football club. His prioritises are often scrutinised by the fans and media alike, and it’s Kroenke’s main shareholder rival, Alister Usmanov, who is at the forefront of the attack.

Usmanov has been very critical of Kroenke in the past and today it is being reported that the Russian has again made another official offer to the Chief regarding a takeover bid for the club. Today’s reports suggest that Usmanov has made a £1 billion bid to Kroenke for the American’s majority stake in Arsenal, although it’s likely it will be rebuffed. Kroenke has turned down bids from Usmanov in the past, with his own intentions to one day buy out the Russian’s share and have full ownership over Arsenal.

Usmanov currently has the maximum stake he can hold without making an official takeover, with 30% ownership in his hands. The Russian will need to acquire Kroenke’s shares if he is to have any say in the future of Arsenal football club, something he really aspires on doing.
A change of ownership will be a positive move for the Gunners, with Kroenke having being the majority shareholder since 2011. Since then he’s been in charge of the club during a time of which the Gunners should have been thriving. Kroenke isn’t willing to offer up too many funds and as a result the Gunners have suffered to compete in the transfer market. Usmanov on the other hand is anticipated to have twice the wealth of the American businessman, an opportunity that Arsenal fans would surely desire at the club right now.

By AH

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19 thoughts on “Kroenke refusing to give up Arsenal ownership despite monster bid?

    1. gmv8

      How can anyone thumb this down? Well done that man 🙂

      Top Gooner!. Agree or not?: Thumb up 32 Thumb down 3

    2. dragunov762mm

      And let me guess Kroenke’s reaction : What the hell that Russian had been smoke of?!!

      Rate this comment: Thumb up 1 Thumb down 2

  1. Fatboy Gooney, Too Fat to track back.

    I’m guessing that the shouts for Kroenke Out will be a lot louder than the Wenger Outs, on Sunday.
    Hopefully the Fans won’t just sit there & be as silent as Stan, they all need to stand up and give it to him throughout the 90 minutes, I’m sure that he’ll be at the game … But as if that’s going to happen, who am I kidding, when our fans are bottlers too lol.

    Oh well, Even though it seems highly unlikely that the Yank would sell to the Russian, this news certainly brought the much needed breath of fresh air in and around the club.

    Maybe the yank will reconsider if we finish 5th & pot-less at the end of this season?
    Anyways, I hope that Usmanov turns up to inspire the fans into chorus.

    Top Gooner!. Agree or not?: Thumb up 50 Thumb down 2

    1. dragunov762mm

      Remind me why Stan have majority of the stake not the twice richer Usmanov? Was it because David Dein came back too late to bring his boss Usmanov or Usmanov himself lost in the head to head bid battle? Anyone knew the story?
      Usmanov might exhales a little fresh air to us, but I don’t think he is as crazy as Roman Abramovich. Because if he is, than this club should belong to him years ago. Looks like our chance for change now are laying in the life of the Kroenk. If he badly sick or better (R.I.P) than Usmanov can take over. Kroenke now is 69, and super rich man like him could survive until 100. You (and me) might not life that long fatty, hahaha…

      Rate this comment: Thumb up 0 Thumb down 2

  2. Terry

    It’s time we as fans made a commitment to our club! Remember it’s our money that made the club! It’s our passion that made the move happen from Highbury. It’s not Stans club, it’s our club! It’s time to stand up and walk out of the stadium on Sunday it’s time to tell Stan to leave our club, it’s time to shout out and tell him what he has done to our once proud club! Tell him to leave! Shout out for new leadership walk out the stadium don’t go back until we have a new owner

    Rate this comment: Thumb up 5 Thumb down 0

  3. gmv8

    Press seem to think the Krank will reject it, but it’s given us all something … hope!

    Top Gooner!. Agree or not?: Thumb up 23 Thumb down 1

  4. John0711

    Sky are reporting that he will reject it because he knows the financial value of keeping the club. This shows what’s written by with Arsenal now please use your voices at the match to show how you feel then stop buying anything

    Top Gooner!. Agree or not?: Thumb up 25 Thumb down 2

  5. Sean

    This would change the landscape of Arsenal forever… in a fantasic way! This man Usmanov wants to win & is willing to invest heavily… that alone will keep Sanchez at the club. Wait & see what bids this man would throw down for bog players to come to Arsenal Football Club.

    Kronke Gone along with Gazidaz & Dick!! What a summer we would have regardless of where we finish!!

    Top Gooner!. Agree or not?: Thumb up 37 Thumb down 1

  6. gmv8

    Looked up Arsenal share price and it rose sharply between 24/04 and 27/04 which is when Usmanov must have made his bid, since then it has been flat. The total value of Kroenke’s shares on today’s price is £747,042,945, so £1 billion is a fair price, Kroenke may be riding the Usmanov interest, but if he rejects the offer, I assume the price will drop, so I don’t think it is a forgone conclusion.

    Top Gooner!. Agree or not?: Thumb up 15 Thumb down 1

  7. Bright

    Kroenke is a parasite – sucking the life out of the club.
    He can take his money and go back to the USA.
    He is NOT wanted at Arsenal…
    #wengerout
    #Ozil must go

    Opinions divided. What do you think? Thumb up 14 Thumb down 7

    1. John0711

      I think that guy Dangote not sure on his name is richer than Ustanov but would prefer the Russian

      Rate this comment: Thumb up 1 Thumb down 9

  8. Janssen

    Usmanov could hardly be a worse owner than Stan. I would love to see a change in ownership.
    He might not be an Abramovich but he certainly has made more ambitious noises than Stan.

    Rate this comment: Thumb up 3 Thumb down 0

  9. Yossarian

    Newspapers are reporting that the bid has been rejected. So disappointed.

    Nobody wants him. Why can’t Kroenke just take the money and leave us alone?

    Rate this comment: Thumb up 3 Thumb down 0

  10. RichSAAlao

    It is a topic that one does not need to belabour a response. What was Mr Usmanov passion, whta was his preferences, what was his priorities, what was is business/ investment philisophy? when Mr Kroenke was buying up share in anticipation of a time like this, reaping time like this. I think I read he is oil magnate, or something. With wells of crude what were his thoughts about Arsenal?
    Mr Kroenke is not in distress or meltdown, and is no dull someone to want to sell when ”the cow is milking”.

    Rate this comment: Thumb up 0 Thumb down 0

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