Following Stan Kroenke’s position in failed breakaway Super League, there was outrage and protests with followers calling for his exit from the membership’s possession.
At Arsenal’s final Premier League match towards Everton on Friday, 1000’s of followers protested outdoors the Emirates Stadium brandishing placards that learn #KreonkeOut. Social media was additionally awash with protesting followers.
Daniel Ek, CEO of Spotify, the Swedish audio streaming and media providers supplier, has expressed his interest in shopping for the London giants on his Twitter account saying he can be glad to throw his hat within the ring if the membership proprietor want to promote.
“As a kid growing up, I’ve cheered for @Arsenal as long as I can remember. If KSE would like to sell Arsenal I’d be happy to throw my hat in the ring,” his account learn.
Daniel Ek is a Swedish billionaire entrepreneur and technologist. He doubles because the Co-Founder and CEO of audio streaming service, Spotify. The firm has greater than 180 million customers and boasts of greater than 87 million paying subscribers. According to Forbes, his real-time web price is $4.3billion.
However, on Tuesday, Stan Kroenke via his Kroenke Sports and Entertainment (KSE), mentioned in a statement that he doesn’t have any intention of promoting.
“In recent days we have noted media speculation regarding a potential takeover bid for Arsenal Football Club. We remain 100 percent committed to Arsenal and are not selling any stake in the club. We have not received any offer and we will not entertain any offer,” learn the KSE assertion.
In 2007, Stan Kroenke purchased a 9.9% stake in Arsenal. Slowly, he constructed up his shares till it shot to 62.89% in 2011. Then, in 2018, he assumed full management of the membership after Russian Alisher Usmanov, who has a web price of $18.4 billion accepted his bid of £550million to purchase him out.
Ek’s ambition to purchase Arsenal FC
According to reports, Daniel Ek is predicted to submit his first bid which is within the area of £1.8billion within the subsequent few days. He has additionally enlisted the help of membership legends Thierry Henry, Dennis Bergkamp and Patrick Vieira.
In an interview with CNBC, he mentioned he has secured the funds to finish the takeover.
“I’ve been an Arsenal fan since I was eight years old. Arsenal is my team. I love the history. I love the players. And of course, I love the fans,” he mentioned.
“So as I look at that, I just see a tremendous opportunity to set a real vision for the club to bring it back to its glory. And I want to establish trust with fans and I want to engage the fans again.
So, to answer your question, I’m very serious. You know, I have secured the funds for it and I want to bring what I think is a very compelling offer to the owners and I hope they hear me out.
I’ve been a fan for 30 years of this club and I certainly didn’t expect that this would happen overnight and I’m prepared that this could be a long journey. But all I can do is prepare what I think is a very thoughtful offer and bring it to them and hope they hear me out.
I’m just focused on the club, I focus on the fans and I focus on trying to bring the club back to glory and as you said, I’m first and foremost a fan. That’s the most important thing for me and I want the club to do better – that’s my primary interest,” he added.
What Arsenal’s legendary coach, Arsene Wenger thinks about Ek’s ambition
In an interview, Arsene Wenger faulted the Swedish billionaire, Daniel Ek, for expressing his curiosity to purchase the membership saying he now has ‘a mountain to climb.’
He mentioned, “For the project, the best deals are made when nobody knew about it and you come out and it is done.”
“Once you announce things, you have a mountain to climb after. Nobody wants to give in and I think it is better always if you do your deal, then when it is done you come out and tell people what you want,” he added.
Can Ek fund the transfer?
“His wealth actually has been misreported in recent days. I mean the exact detail is that he owns 8 per cent of Spotify and currently Spotify shares have actually fallen by 10 per cent on the New York Stock Exchange (NYSE) this afternoon.
The company is currently valued at around $50bn, so he owns 8 per cent of $50bn – around $4bn to be precise. Now we don’t know whether he has got liquid funds in addition to that,” Sky News Business Presenter, Ian King mentioned.