Kroenke One Small Step From Arsenal Ownership

It’s now or never for Arsenal Football Club.  Stan Kroenke has been mopping up small shareholdings over the last couple of weeks to raise his share in the club to 29.8%.  He is a fraction below the mandatory bid figure of 29.9%.
It was rumoured that he bought 100 shares from Arsenal chairman Peter Hill-Wood; this [...]

Usmanov To Launch Bid For Arsenal

There have been several reports recently that Alisher Usmanov will announce any day now that he has acquired Lady Nina Bracewell-Smith’s 15.6% share in Arsenal.  This will take Usmanov’s holding to over 40%, resulting in him being obliged to make a formal offer for the club.
The Board, namely Peter Hill-Wood will make statements to the [...]

United’s Debt Dwarfs Arsenal’s Debt

Earlier this week the sage of the financial world Alex Ferguson made a pronouncement on the financial situation at Arsenal.  His claim was that Arsene had very little money to spend and it will be tough for Arsenal this season.
This comes from the club who are £800million in debt and have annual interest payments of [...]

Board Puts Club’s Future at Stake

It was no surprise to anyone that the board even though they reviewed the possibility of raising additional funds, the board has come to the conclusion that the club does not need to raise any additional funds.
 In the board’s infinite wisdom, they are able to repay the £135million loan on Highbury Square by April 2010 [...]