Arsenal not up for sale

  Posted: 4 Mar 13, 08:53

By: Brian Moseti

On Sunday 2 March, a section of UK media reported that a consortium from the Middle East had requested to meet with American Billionare Stan Kroenke, who owns 66.7% of the English Premier League side Arsenal, with an aim of placing a 1.5-billion-pound ($2.25-billion) for his share.  

In quick response, Arsenal have trashed the reports, saying that Kroenke is with the team for the long haul.

No such plans

-Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake, Arsenal communications director Mark Gonnella told Reuters.

-There has been no contact from any potential investors.


Arsenal have not won a trophy since 2005 and are under pressure by fans who find the decision by the club to sell its finest players irresponsible.


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