What does Stan Kroenke’s takeover of Arsenal mean for the club?

Arsenal supporters have voiced fears about Stan Kroenke’s takeover – but are they right to be concerned?

The first thing to note about Stan Kroenke’s takeover is that it cannot be stopped. The American already owns 67% and has secured an irrevocable commitment from Red and White Holdings, owned by Alisher Usmanov, for the Uzbek billionaire’s 30%.

Under UK takeover rules, anyone owning more than 90% of a company’s shares can force any other shareholders to sell their stock for a fee. Kroenke Sports & Entertainment has said it intends to do precisely that.

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via Football | The Guardian

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