It has just been announced that Stan Kroenke has bought another 25 shares in Arsenal, taking him to just 17 shares away from making a takeover bid. The financial website Bloomberg reported it in the last hour. The article said: Dec. 21 (Bloomberg) U.S. investor Stan Kroenke bought 25 more shares in Arsenal, bringing [. Click to continue reading...

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.
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Official announcements were made to the PLUS market towards the close of business today (Friday 1 May 2009) that Stan Kroenke has acquired a further 4,839 Arsenal Holdings shares to take his total stake in the club's holding company to 17,613 shares, or 28.3% of the total 62,217 issued.

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