Kroenke says Arsenal not for sale after Usmanov bid
Posted May 22, 2017 7:00 am
LONDON (AP) - Arsenal owner Stan Kroenke says he has no interest in selling the Premier League club.
The statement from the American sports tycoon comes after The Associated Press reported on Friday that minority Arsenal shareholder Alisher Usmanov offered a $1.3 billion takeover bid.
Kroenke's company said Monday that "its shares are not, and never have been, for sale," adding that it "is a committed, long term investor in Arsenal and will remain so."
There were chants against Kroenke during Arsenal's game against Everton on Sunday as the team failed to qualify for the Champions League for the first time in 20 years.
An Arsenal fan holds up a protest banner in reference to Arsenal majority owner Stan Kroenke, during the English Premier League soccer match between Arsenal and Everton at The Emirates stadium in London, Sunday May 21, 2017. (AP Photo/Tim Ireland)
The Associated Press
Arsenal manager Arsene Wenger looks across the pitch during the English Premier League soccer match between Arsenal and Everton at The Emirates stadium in London, Sunday May 21, 2017. (AP Photo/Tim Ireland)
The Associated Press
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