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Stan Kroenke Has Bid Accepted To Become Full Owner Of £1.8bn Arsenal
Stan Kroenke has had a bid accepted by Alisher Usmanov to become the sole owner of Arsenal Football Club (via The Telegraph). It's the news which the vast majority of Arsenal fans have dreaded but Stan Kroenke and KSE Holdings are now reportedly the sole owners of the football club. The news spells an end to a decade-long power struggle in the Arsenal boardroom which culminated in Stan Kroenke's bid to buyout Alisher Usmanov's shares. Usmanov and his company, Red & White Holdings owned 30% of the club's shares but has reportedly accepted a £540 million offer from Kroenke and KSE Holdings. 'We at KSE are moving forward with this offer leading to 100% ownership of the club,” said Kroenke....
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-5y from AllArsenal.com
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