Could there be light at the end of the tunnel regarding the ownership of our club by the Kroenke family? by ken1945
I have been reading several articles regarding The Los Angeles Rams and Walmart, both of whom are being investigated for numerous irregularities in the USA.
Forbes are reporting that the Kroenke family have been ordered to hand over years of emails and phone records, following a lawsuit by The Saint Louis Rams. It follows the move from St. Louis itself to LA. and will be heard in a courtroom based in St Louis itself.
It seems that the Kroenke family have already agreed to pay $31.2million following an agreement on two lawsuits, with others still to be decided.
Meanwhile, Walmart have agreed to pay yet a further $160 million, following on from a corruption lawsuit that saw them already agreeing to pay another $282 million fine.
While Silent Stan and his wife Ann Walton Kroenke are not involved with the running of Walmart, they are obviously affected by these on-going fines and lawsuits.
Of course, The Kroenke family are billionaires in their own right, but if the kind of penalties, as detailed above continue, they might just decide to use the sale of The Arsenal as a means to claw back these tremendous losses…although their combined worth (Wikipedia April 2019) is estimated at $15.8 billion.
Could it possibly happen, or am I just clutching at straws?