Sunday, March 3, 2013

Arsenal owner says no plans to sell amid Gulf reports


The owner of English Premier League club Arsenal FC said that he has received no offer for the side and has no intention to sell following a report that a consortium of Gulf investors was planning a US$2.25bn offer, it was reported.

Sources close to the Arsenal board told the Press Association that Stan Kroenke, who owns 68.83 percent of the London-based team, was "in it for the long-term".

The UK's Sunday Telegraph had earlier claimed that a mystery consortium from Qatar and the UAE is preparing to table a world record bid for the English Premier League football club.

If it went through, the deal would dwarf the current record of US$1.2bn, paid by the Glazer family for Manchester United, and would strengthen the Arab influence among Europe’s top clubs, with Manchester City owned by Abu Dhabi and Paris St Germain owned by Qataris.

1 comment:

  1. Of course he's gona deny it! If it was made public their wouldn't be a deal to discuss.

    I'm not saying there is an offer... But all deals go through the same process of denial

    ReplyDelete

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