And so we have it... Kroenke set to buy 16% shares which will push him over the 30% to launch a formal takeover... http://soccernet.espn.go.com/news/story/_/id/905446/stan-kroenke-set-to-launch-arsenal-takeover-?cc=5901
Interesting.... what will Kroenke do going forward if he ends up with the largest chunk of ownership but still short of 50%
Once he breaks the 30% barrier he's required by British law to make a good faith offer for every outstanding share. So if he jumps up to 46% there's a good bet he gets at least 4% more off his good faith offer.
16 + 16 = 32. it didn't say he was buying 16%, he's buying both 16% shares that Lady Nina and Danny Fiszman own.
Kroenke is officially at 62.89% and has made an offer for the remaining shares. http://espn.go.com/sports/soccer/ne...ner-kroenke-set-buy-controlling-stake-arsenal First MLS owner to own an EPL team.
They already tried to re-brand to Arsenal when the Rapids moved into their new stadium but for some reason it was shot down at that time.
The general rumor is that Nike (as the co-owner of the Arsenal brand in the U.S.) stepped in and shot down the idea of the Arsenal brand being on an Adidas MLS kit. You have to wonder once the Arsenal-Nike contract is done fi a deal isn't done with Adidas so that Arsenal wears Adidas and the Rapids change their name.
I know linking to Trecker is a red card-able offense around these parts, but this part quoted was so amusingly hack-tacular and amazingly wrong, I can't resist: http://msn.foxsports.com/foxsoccer/...d-arsenal-purchase-premier-league-sale-041111 And local Denver sports fans will love the spin-job Trecker tries to pull on how good an owner Stan has been with his other sports franchises.
Stock the team full of DP's and just watch the team win and the fans break down the gates, just like in..... darn.
I looked a bit more into the whole "re-branding" talk from 2006-2007. And it all makes sense now more than ever if Arsenal did indeed be "branded" onto our club. Nikes deal w/ Arsenal ends this year, and Gzadis has said the club needs to seek other opputunities than what Nike has given. If Adidas does in fact take control of manufacturing the Arsenal brand, I see it as a very High possibility.
this... Arsenal colorado... here we come... and to be fair to stan until the economy tanked... he did invest a lot in his franchises, except the rapids(although DSGP is a fruit of his labor)
Hmm, who could we take on loan. Song, Nasri and Cesc? (Or sub Clichy or Sagna for Nasri or Cesc if worried about divability/durability...van Persie and Arshavin left out for similar reasons.)
Maybe Stan will force Arsenal to take a north american tour this summer, with a stop at the Dick of course...
I don't know, the faucet was turned off for the Avs a few years before the economic downturn... But that's not really the point. The point here was Trecker trying to spin "drafting Sam Bradford" and Melo passively-aggresively begging to leave Denver as bold team-building moves that somehow bode well for his ownership of Arsenal. His painting of the Avs situation as unchanged since 2001 one was offensive in its context-dropping and willful ignorance of what's happened since that Stanley Cup winning team. And to put the cherry on top, he tries to use the Rapids' winning MLS last year as evidence for how good of an owner Kroenke is, then damns the fact that more money wasn't invested in them this year 2 sections later? It's just comically bad writing and logic.
Fair amount of bad stuff in there, in that "making the big move" from an Arsenal fans' perspective surely means paying a big transfer fee even if that means an overall net loss in the transfer budget for the year. His seems ok with his people making big moves, but it's not really what Arsenal fans are looking for in the EPL context. The Nuggets were fairly big spenders, as were the pre-strike Avs. Was that payroll spending done at a loss, as EPL fans somehow hope their owners will continually do? Seems doubtful. I'd be much more optimistic about the Red Sox guys' purchase of Liverpool, though perhaps I'm selling Stan short. Those guys purchased a gold mine in the Red Sox and NESN, but they've also been willing to invest money to increase revenue further, and have increased spending on the team accordingly. One suspects they will do their damnedest to do the same w/LFC. Has Stan done much in that regard? Which is not to say Kroenke will be a *bad* owner. He seems smart enough not to screw up Arsenal and Highbury, which are their old goldmines.
Major Arsenal shareholder Stan Kroenke has revealed that his takeover at the Emirates will not be funded by a leveraged buy-out.