Tuesday, March 27, 2007

Kroenke Sports Enterprise - Takeover or NOT?

A takeover of our club by an American Company??

Soccernet reported the following:" Kroenke Sports Enterprise have 'no interest or intention' of buying into Arsenal, according to a spokesman for the American company.

Although the major shareholders - ....... of the Premiership club have no intention of selling up, broadcaster ITV are likely to be open to offers for their 9.9% stake in the Gunners.
With the valuation of Arsenal - their parent company listed on the alternative Plus market - currently around £404million, ....... a significant outlay for any potential investor.
US billionaire Stan Kroenke had been widely reported to be interested in acquiring the shares.
His company - Kroenke Sports Enterprise - already have an 'innovative strategic relationship' with the north-London club through Major League Soccer team Colorado Rapids, and the group have a large portfolio of sports-related interests across the Atlantic.

However, any suggestions this would now be followed by KSE taking a financial stake in Arsenal have been quickly dismissed.....................

.............. The agreement in place at the moment between the two clubs is primarily designed to help develop the Gunners brand in America, and will also see an exchange of coaching as well as commercial ideologies, with an inaugural Arsenal Cup to be held for US clubs by the Rapids this summer.
Jeff Plush, managing director of the MLS outfit, was in London recently as part of a pre-season trip to Europe, which also included a visit to Valencia in Spain. He said: 'We can certainly give to Arsenal some of our expertise in sports marketing - we own five teams, a television network and four venues. 'With them, we are frankly a more credible football club than we were.'
Even though KSE are distancing themselves from any talk of a potential takeover, it was inevitable interest in Arsenal would surface sooner rather than later.
..............................With a strong tradition, established fan base and a young side, buying into the Gunners would certainly make an attractive proposition. "

The above speculation is very similar to the rumours flying around before Chelski or Manure take over... Its always done in such a way to prevent our share prices from shooting sky high. Well, Personally, I think it will be good. Free up some dough for the Gaffar to buy some experienced and established players... It can only be good news if we have the funds to battle the other big 3. That at least we are fighting on equal grounds.... now we are abled commandos with pistols. We need machine guns and cannons to fight for the title!!!

Go Gunners!!!

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