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Arsenal's Stan Kroenke makes offer to buy whole of London club
Arsenal's Stan Kroenke makes offer to buy whole of London club.
Arsenal's majority shareholder Stan Kroenke has made a £600m offer to buy the whole of the club in a deal that would value the Gunners at £1.8bn.
The American billionaire owns 67% of Arsenal through his company KSE, which says Alisher Usmanov has agreed to sell his 30% stake in the club.

I say, sell it to him Mr Usmanov and for god sake buy us from that fat idiot Ashley and you still have 2 or 3 hundred mil left to buy top players, you wouldn't regret it, you'd get one of the top managers in the game already in place,  so buy it man and enjoy a great welcome to the NorthEast.
He's already involved with Everton I believe....But it doesn't sound good for Le Arse, no longer needs an AGM, no accounts published and can asset strip the club without anybody knowing....And saddled with a 600Mil debt, announcing this just a few days before the start of the season, Usmanov has left a parting shot to Kronkite..
Arsenal: Shareholder Alisher Usmanov says he accepts rival Stan Kroenke's bid for club

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[Image: _102862265_kroenke_usmanov_getty.jpg]
Kroenke (left) refused to sell to Usmanov in May 2017
Arsenal shareholder Alisher Usmanov says he will accept rival Stan Kroenke's bid to buy him out for £550m and take full control of the club.
American billionaire Kroenke owns 67% of Arsenal through his company KSE and announced on Tuesday he had made an offer to buy up the rest of the shares.
Usmanov has confirmed he has agreed to part with his 30% stake in the club.
"I have decided to sell my shares in Arsenal, which could be the best football club in the world," he said. 
Despite his shareholding, Usmanov is not part of the board or the decision-making at Arsenal.
The metal magnate made a £1bn bid to buy the Emirates outfit in May 2017 but this was rejected by Kroenke.
Kroenke's offer to shareholders values the Gunners at £1.8bn. Acquiring Usmanov's shares for £550m means remaining shareholders would be legally obliged to sell theirs to Kroenke.
The KSE statement to the London Stock Exchange said taking the club private will help to further Arsenal's "strategy and ambitions". 
"KSE's ambitions for the club are to see it competing consistently to win the Premier League and the Champions League, as well as the major trophies in the women's senior game and at youth level," it added.
Arsenal have a new manager in charge this season after Unai Emery took over from Arsene Wenger, who had been Gunners boss for 22 years.
In Wenger's final season, Arsenal finished sixth in the Premier League as they missed out on the Champions League but qualified for the group stages of the Europa League.
The Gunners start their Premier League campaign against champions Manchester City on Sunday.

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