SM
Liverpool vs. Villa: 23 hrs 3 mins
Upcoming predictions and previews

Stan Kroenke completes Arsenal takeover

:Headline: Stan Kroenke completes Arsenal takeover: ID:336935: from db_amp
Stan Kroenke completes his takeover of Arsenal after acquiring the remainder of the shares at the North London outfit.

The NEX exchange has revealed that Stan Kroenke has completed his takeover of Arsenal.

Kroenke has been the majority shareholder at the North London outfit in 2011, and an offer to purchase the shares of Alisher Usmanov - who held the next highest stake - was made earlier this year.

That bid was accepted, and that has led to Kroenke acquiring the remaining 2.86% which was held by a number of minority shareholders.

A statement from NEX - where Arsenal's shares are traded - read: "Further to the announcement made by KSE, UK, Inc. on 28 August 2018 confirming the closing of its offer for Arsenal Holdings PLC, the compulsory acquisition by KSE of all of the Arsenal shares not assented to the offer completed on 25 September 2018.

"As stated in KSE's announcement on 28 August, the trading in Arsenal shares on the NEX Exchange Growth Market will be withdrawn with effect from close of business today."

Kroenke also has involvement in a number of American sports teams, including MLS side Colorado Rapids.

amp_article__336935 : Database Data restored...  : 
last updated article - 2018-10-13 07:23:31:
html db last update - 2018-10-13 07:23:31 :

ex - 7200 : read : read cache amp html

Click here for more stories about Stan Kroenke

Click here for more stories about Arsenal

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool108111961325
2Manchester CityMan City1072121111023
3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .