Arsenal: Fans protest against owner Kroenke
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Arsenal fans hoping to see owner Stan Kroenke sell up are set to be majorly disappointed if reports are to be believed. Arsenal supporters gathered outside the Emirates last week to protest against Kroenke’s ownership of the club.
Following the protest, Spotify co-founder and life-long Arsenal fan Daniel Ek stated his desire to buy the club from Kroenke.
Ek is leading a consortium which includes three legendary former Gunners players.
Thierry Henry, Patrick Vieira and Dennis Bergkamp are all backing the proposed takeover of the north London club.
But it appears extremely unlikely that Kroenke has any interest in selling.
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The Athletic say the message from the club is that Kroenke won’t be going anywhere and one source says it is “a joke” to think the American would facilitate a quick sale.
Kroenke’s son Josh, who is a director at Arsenal, reiterated that stance at a fans’ forum last week, stating that KSE had “no intentions” of selling.
Arsenal’s decision to join the breakaway European Super League, which they have since withdrawn from, was the final straw for many supporters.
Kroenke has been much-maligned in his role at the club since buying his first shares in 2007.
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He saw off competition from Russian billionaire Alisher Usmanov and finally took complete control of the Gunners in 2018.
Arsenal are reported to be worth around £2billion.
Swedish financial journalist Johan Wendel believes Ek has enough money to buy the Premier League side.
But he admits it all depends on what the intentions of KSE are.
Wendel told Sky Sports News: “Well it all comes down to what the Kroenkes are asking for, of course, but I don’t think Daniel Ek would make a tweet like that, a comment like that, if he hadn’t thought of the financial considerations.
“I think he can afford it and the bulk of that wealth is Spotify shares.
“He owns Spotify shares worth almost £3.2bn, so that’s the bulk of those shares.
“He might be able to use those for leverage for a bank, stuff like that.
“But I think he could afford it, but it all depends on the price and if the Kroenkes are [prepared] to sell.”
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