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).
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.
