Arsenal director Josh Kroenke has once again insisted that the club is not for sale amid pressure from Spotify CEO Daniel Ek.
The Kroenkes have been widely criticised in recent years by the Arsenal fanbase, who demanded the owners' exits in the wake of the European Super League debacle.
Spotify chief Ek had a £1.8bn bid for the club turned down earlier in the summer, but the Swede has enlisted the help of Thierry Henry, Patrick Vieira and Dennis Bergkamp in his bid to purchase the club.
Kroenke has seemingly laid those hopes to rest, however, telling Sky Sports News: "We get bids for the club all the time, from many different parties around the world and that speaks to the strength of the Arsenal.
"It's a wonderful institution, Arsenal Football Club is a global brand and my only response to anything is the club is not for sale, we're just getting started. We've only really owned the club since 2018. We have a young manager, we have a young squad and we're charting our path to the future.
"In the United States we have a certain model [used at other organisations run by Kroenke Sports & Entertainment] and we're implementing that here, and we have over the last three years, which is, young players, talented players with the right mentality, let them grow together while continuing to sprinkle in talent throughout the squad.
"Eventually it grows into something very special. The power of continuity behind the scenes and people working together and pulling in the same direction is an underrated aspect of pro sports. With the power of continuity and allowing this group to grow together, special times are ahead for this club."
Arsenal will endeavour to climb above Brighton & Hove Albion and Manchester United into fifth in the Premier League table with victory over Watford on Sunday.