Stan Kroenke's No2 says the American billionaire will be a great influence on Arsenal.
Kroenke was in the news again earlier this month when he took his stake in Arsenal's parent holding
company to 29.9%.
If he goes beyond 29.99%, he is legally obliged to launch a formal takeover bid for the club but,
despite moving very close to that mark, he has remained silent on his intentions towards the
Gunners.
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My lover and I went to Reading today to visit two long standing friends of my lover.
Neither are football fans but both are two of the most delightful people you could wish to
meet.
Anyway, prior to having a wonderful lunch and afternoon of laughter and music, my lover took the
backroads to his old home town.
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Stan Kroenke owns the NBA's Denver Nuggets and Colorado Rapids MLS team.
The latest 200 shares that he bought; 100 shares from Arsenal Chairman, Peter Hill-Wood, for 8,500
Pounds per share put him on a brink of the threshold mark set up by the Arsenal Board of
Directors.
29.
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EPL Talk 05 November @ 03:54 PM EST
Stan Kroenke has purchased even more shares in Arsenal today taking his holding to 29.9% of the
club. With only another 0.09% required to reach the threshold to make an offer for the rest of the
clubs shares, Kroenke has purchased 627 shares this week for the princely sum of £5.3 million.
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EPL Talk 05 November @ 03:05 PM EST
"It is difficult for us to qualify, but not impossible,We have to win our game and see what
happens with Fiorentina and Lyon. Then we will approach the last game." Benitez has certainly
fought his corner today after the galling last minute equaliser Liverpool conceded in the Stade
Gerland last night.
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Stan Kroenke continues to edge closer to a takeover of Arsenal. He is now at a
29.6% shareholding, just shy of the 29.9% that by city rules would trigger a takeover bid. The
Arsenal Supporters' Trust (AST) sent out a press release about the news today,
which stated that they were opposed to a takeover by Kroenke (and also mentioned they did not
believe one was imminent anyway).
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Clive Palmer, owner of Gold Coast United
Gold Coast United, an expansion team in Australia's premier A-League, have already generated
negative headlines it takes some teams decades to generate: "A-League may hit rock bottom thanks to
the Coast," says Adrian Musolino in today's Roar, which also features another piece titled "Gold
Coast "United" – How to lose fans and alienate people".
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Dirty Tackle 27 October @ 04:34 PM EST
Clive Palmer, The owner of new Australian A-League club Gold Coast United, is sick and tired of
people not coming (they have the smallest average attendance in the league at 4,500) to see his
team play in the 27,400 seat Robina Stadium that he's overpaying to rent for home matches, so he's
opted to go with perhaps the dumbest PR move a club owner has ever attempted by closing all but one
side of the stadium and only allowing a maximum of 5,000 people in for each game.
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by CARL ELDRIDGE The stars and stripes will soon be flying over the Emirates Stadium. Well,
maybe not but surely it can't be much longer before Yank billionaire Stan Kroenke launches a
takeover bid for the Arsenal.
For the Denver Nugget has snapped up a further 10 shares in our holding company, at a cost of
£85,000 and now the odd-haired moneybags owns 28.
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In terms of English clubs that are facing financial disasters we are used to discussing WHU,
Liverpool Beachballs and Manchester U. To that list we can now add Portsmouth. Their new owner
in September turned out not to be the billionaire Sheik Yermoney but a guy who borrowed £50 off a
bookie's runner and [.
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American billionaire Stan Kroenke faces a grilling at today's Arsenal AGM.
The Times says the American has increased his stake substantially in recent months to a level that
is a little short of that which would trigger a mandatory takeover bid, but he has never spoken
about the reasons for investing about £160 million in the stock.
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SoccerLens 23 October @ 01:34 AM EST
Last night the Guardian published a damning article quoting Portsmouth's new owner, Ali Al
Faraj, as saying that he had bought the club on borrowed money, that he wasn't a billionaire, that
he knew nothing about football and that he planned to sell on the club in six months after he had
stabilised it.
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Following their recent take-over by a Sudanese billionaire food additive magnate, Heart of
Clackmanannshire is buzzing. However, Faisal Wally Camel has something of a maverick streak and, in
this week's "Shit Shot Mungo", he decides that the "man in the street" could do better job than any
of these so-called football "managers" and appoints, well, the first person that he comes up in the
street.
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by CARL ELDRIDGE HOW close are we to a takeover bid from Stan Kroenke? Well this afternoon's AGM
was always going to shed some light on the American billionaire's intentions wasn't it. Er, no.
That doesn't appear to be the case, the latest reports from the meeting suggest.
For it seems Kroenke has maintained his silence at the AGM, when questions were directly raised
as to his plans for further investment in the Gunners.
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Russian star highlights a potentially big problem.
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Arsenal midfielder Andriy Arshavin says he expects a large number of Premier League
stars to abandon England in the near future, as the tax band is almost twice as big as in
Spain.
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Newly promoted Premier League club Birmingham City will have £40m to spend in the upcoming winter
transfer window 2010 ( January). The announcement was made by the new Blues president, Hongkong
businessman Carson Yeung. The billionaire bought Birmingham City for £81.5m recently after failing
in his attempt to take over the Midlands club two years [.
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Anfield Talk 15 October @ 01:34 PM EST
Prince Faisal Bin Fahd Bin Abdullah has confirmed that he would be
interested in investing his money in a football club.
The Saudi billionaire is reportedly set to invest his considerable funds in Liverpool after being
caught pictured sitting with co-owner George Gillett at the 6-1 win over Hull at Anfield last
month.
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I remember reading in the FourFourTwo season preview that around half of fans wish for
the season was that their club would be taken over by a foreign billionaire.
There are plenty of examples where clubs have improved greatly under new investment, whether
from abroad or overseas.
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Rafael Benitez, Liverpool Manager with the weight of the World upon him.Losing playmaker Xabi
Alonso in the summer was bad enough but having to replace him with Lucas Leiva was the kick in the
goolies I even felt myself, Owwhh!Half his team not playing well so far including Skrtel, Jamie,
Masch and Stevie G.
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Big Story
Right now, Chelsea are hosting the Leaders in Football conference, billed as "the
world's most exclusive football business event where 1,000 senior executives linked to
International Clubs, Leagues, Federations and Brands come together over 3 nights and 2 days at
Chelsea FC to learn, network and do business.
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SoccerLens 05 October @ 06:02 AM EST
Ever since the arrival of the Roman Abramovich era at Chelsea, the world of football seems to
exist in two separate yet parallel universes.
There are clubs who teeter on the brink of bankruptcy despite brief flirts with glory (a la
Leeds United and recently at Portsmouth). Then there are other clubs whose history has been
blanketed by anonymity and mediocrity but now whose names, with the financial aid of the
multi-billionaire, are dared uttered in the same sentence with title aspirations.
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Albion Road 02 October @ 05:32 PM EST
It looks as if Arsenal may soon lose its status of being the only top four club controlled by an
English board, while Liverpool continues its search for a purchaser. At Arsenal, American sports
entrepreneur Stan Kroneke is close to winning the battle with Moscow-based billionaire Alisher
Usmanov to control Arsenal.
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Big Story
New models in stadium ticketing don't come along too often, and when they do, they are rarely great
for fans. Many in England will remember the massively unpopular bond schemes dreamed up by clubs
such as Arsenal and West Ham in the 1990s when they were
scrambling around for a new way to suck cash from fans to pay for needed stadium redevelopment.
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Thirteen years to the day a spectacled Frenchman signed a contract making him the manager of
Arsenal Football Club, out went the old training methods and unhealthy foods and in came strict
diets and training regimes. It was a day that not only started our ascent to one of Europe's elite
clubs but it was also a day that started a revolution in English football.
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Anfield Talk 30 September @ 11:45 AM EST
Speculation continues about the possibility of Prince Faisal bin Fahd bin Abdullah al-Saud, a
member of the ruling family of Saudi Arabia, buying into Liverpool, after the English Premier
League club admitted that it had appointed advisors to look at new investment opportunities.
Fahd bin Abdullah's F6 company has signed an agreement with Liverpool and co-owner George Gillett's
Nascar franchise, Richard Petty MOtorsports, that will see two Liverpool-backed youth academies and
a number of motor racing tracks built in Saudi Arabia.
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Russian side want Andrey back, but they can't have him!
Zenit St Petersburg have announced their intentions to lure former star Andrey Arshavin
away from Arsenal and back to Russia after a huge financial injection from billionaire gas giants,
Gazprom.
Global fuel providers, Gazprom, have decided to substantially increase their investment in the
2008 UEFA Cup winners in an attempt to create a European super-force to compete with the like of
Manchester United, Barcelona, and Real Madrid.
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The Russian billionaire Chelsea owner Roman Abramovich has some James Bond technology in his
yacht.
And no I don't mean the two helipads, two swimming pools, the movie screens in all the guest rooms,
the mini-submarine or the missile-proof windows.
He's got a paparazzi shield:
Lasers sweep the surroundings and when they detect a CCD, they fire a bolt of light
right at the camera to obliterate any photograph.
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Extra Time. We can end the debate about where the seven minutes of extra time
came from in the Manchester derby. They were taken from the Bundesliga's three Sunday fixtures,
where the refs decided to call it a day after pretty much exactly 90 minutes. It's not really a
coincidence but rather an annoying habit.
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Serie A Talk 16 September @ 03:37 PM EST
A lot has been said about Serie A's decline over the past couple of years. Critics have
claimed the English Premiership and Spain's La Liga have become Europe's best leagues leaving Serie
A to challenge the Bundesliga for third spot.
Sadly, Serie A has witnessed a sharp decline in the past few years that cannot be attributed to
the lack of financial means alone.
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Anfield Talk 15 September @ 12:16 PM EST
UEFA have approved plans to bar high-rolling Barclays Premier League clubs from the Champions
League if they spend beyond their means.
Michel Platini has got his way on 'financial fair play' rules that in principle will ban clubs from
spending more than they make from their revenues.
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Soccerblog 15 September @ 11:56 AM EST
Plans are afoot to prevent clubs from spending more than they make from their revenues and aim to
curb billionaire owners throwing cash around.
The new rules are going to be in place from the 2012/13 season and clubs could be thrown out of
European competition if they do not abide by the regulations.
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A big story that broke late Friday was this one in The Times which stated the actual figure paid
for Carlos Tevez was £47 million rather than the more widely reported (at the time of the
transfer) £25 million:
Manchester City are paying an astonishing £47 million fee to Carlos Tévez's private "owners"
in a move that obliterates the British transfer record.
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SoccerLens 02 September @ 04:03 AM EST
Every club has one. That vital cog that keeps the team wheels turning. With the season in its
infancy, supporters up and down the land are still harbouring dreams of glory (or at the very least
over achievement, given that short of a billionaire Sheikh turning up on your doorstep, thoughts of
the title are confined to a privileged few these days).
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Time for a Flashback...
Timeline: 27/07/07
When the Billionaire Barber was first considering a low flat-top for Birmingham City over two years
ago, we took the clippers and gave the man a No 1 all over.
And now, the sequel.
Most of what we said about the Barber still stands and all that we stated regarding ScudamoreWorld
remains a plague today.
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