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Arsenal Takeover
naman93 11 years ago
Real Madrid 82 859

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Comments
man_utd 11 years ago
Manchester United, South Korea 91 1444

Woah.

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raimondo90 11 years ago
Valencia, Argentina 89 2492

Can't see it happening. I'd like to hear some gunners thoughts 

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naman93 11 years ago
Real Madrid 82 859

Can't tell whether it will happen or not .... But I don't want to see it happening !!

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Heisinburg 11 years ago
Manchester United 67 1516

Doesn't sound like my sort of taste, but thinking realistically, I think it will happen...

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awais007 11 years ago
Chelsea, Pakistan 178 922

Arsenal poised to be subjected to £1.5bn takeover bid from Middle East consortium within the next few weeks

The world’s biggest ever bid for a football club, dwarfing the £800 million paid by the Glazers for Manchester United, will be backed by funds from Qatar and the United Arab Emirates.

The group do not want their identities made public yet but a bid source told Telegraph Sport the intention is to buy out Arsenal’s American owner, Stan Kroenke, whose perceived weak stewardship of the club has also been called into question by frustrated supporter groups.

The cash offer, which is more than twice the amount at which Arsenal were valued two years ago, will be for 100 per cent of the club, and if successful would wipe out debts that stand at around £250 million according to the last full year’s financial results.

According to a bid source, there would be substantial transfer funds made available to transform the club into a major force in European and world football. There would also be a pledge to reduce ticket prices at the Emirates Stadium — currently among the highest in the world — as well as an attempt to recreate “some of the feel of the old North Bank” at Highbury.

The bid team has noted the damage caused by Kroenke, who owns two-thirds of the club, refusing to engage with Uzbek billionaire Alisher Usmanov, who owns 29.96 per cent.

The bidders would like to unite the ownership, putting all the shares together in one fund. The offer will be for the full 62,217 shares which have been issued, but effectively it will be to buy out Kroenke, in the first instance, paying around £830 million for his 66.83 per cent shareholding (41,581). The offer equates to around £20,000 per share.

The deal would provide the American with an approximate profit of £400 million given the majority owner is believed to have paid around £430 million to build his stake in the club since he first became involved in 2007. When Kroenke made his mandatory cash offer for Arsenal in April 2011, buying up the stakes owned by Danny Fiszman and Lady Nina Bracewell-Smith, it valued the club at £731 million.

A meeting has already been requested with the American to discuss the proposed offer. The seriousness of the bid is reinforced by the recent successful takeovers of Manchester City and Paris St-Germain by Middle East backers.

It is unlikely Usmanov will want to sell his shareholding, given his “dream” of taking control of Arsenal himself, but the Middle East consortium believes it will be able to work with the billionaire, who does not currently have a seat on the board and who has been frustrated in his attempts to get more involved.

Any takeover would inevitably raise questions over the future of manager Arsène Wenger, although the Frenchman is understood to be highly-regarded by the consortium They do not want to lose his football knowledge and want him to remain at the club.

But they are well aware that the last trophy won was the 2005 FA Cup and that Arsenal have become less of a rival to the Premier League's top clubs. They believe that the club have settled for relative mediocrity.

Arsenal travel on Sunday to north London rivals Tottenham with the club in a desperate fight to finish in the top four of the Premier League and qualify for next season’s Champions League. Arsenal currently lie in fifth place, four points behind their neighbours.

Despite protestations to the contrary, failure to qualify for the Champions League would undoubtedly have serious ramifications for Arsenal, who have been in Europe’s premier club competition for the past 16 years under Wenger.

A bid source told Telegraph Sport: “Arsenal is at a pivotal position at the moment. The fear is that the club is facing a cycle of decline like Liverpool. From our point of view it is the perfect moment to make this bid because at this moment in time you can still genuinely justify this extraordinary valuation on the club.

“We will not bid for Arsenal if they go into decline. Kroenke and Usmanov will not get this kind of valuation if Arsenal do not succeed and will not get this kind of valuation ever again.

“We think that bidding now is the key because it is going to give every shareholder maximum value. We are giving them peak valuation.

“The amount of capital required to pump into Arsenal to make it competitive within England, Europe and the world means that the valuation cannot go any higher.”

It makes the prospect of a gargantuan bid to buy the club all the more tantalising for frustrated Arsenal supporters.

“No big club can go eight years without winning anything,” the source added. “No manager of a big club, not even Sir Alex Ferguson, would have survived eight years without winning.” It is not an unreasonable statement.

Whether Wenger would voluntarily stay and work under a new regime is another question. Should a bid prove successful, Wenger would be in an awkward position, having previously criticised clubs with wealthy owners, accusing them of “financial doping”, although he has strong links with Paris St-Germain who, of course, also have Qatari owners.

Wenger’s current contract runs until June 2014 and it is understood that as things stand he has no intention of quitting even if Arsenal finish outside the top four, although he has faced growing calls to go.

The proposed new owners claim they are serious in their desire to turn Arsenal into a force again and also to do it in the right way. They say they do not want to acquire the club to make money but to invest.

The bid group believe that the ownership of Kroenke and his son and heir, Josh, has been at the heart of the club’s lack of competitiveness. They have also identified a lack of experience in football as a significant barrier to success.

“The biggest problem with Arsenal is that it has no owner, no face and there is no one to report to,” the bid source claimed. “The management of the club at every level is not put under scrutiny and does not have to report to anyone.”

The inference is that neither Kroenke nor his son has a feel for Arsenal – a claim which has been lent weight by the former’s low profile at the Emirates Stadium – and that the current board lacks strength and leadership.

Chief executive Ivan Gazidis has been criticised for being too deferential towards Wenger, who enjoys a huge amount of control at Arsenal.

Supporters have complained that Kroenke is not a visible presence and has not met directly with them since the takeover, although he has attended recent home games against Bayern Munich and Aston Villa. His reign at the club has come under criticism from fans at successive annual meetings.

Arsenal currently have a clear, self-sustaining structure, rejecting the benefactor model, with Wenger, the board and majority owner believing their approach will eventually succeed, especially with the incoming Uefa Financial Fair Play rules.

But there are genuine fears among fans that Arsenal are simply slipping away and becoming less competitive.

If successful, the bid would almost certainly take Arsenal to another level. The prospective owners claim their intention is to turn Arsenal into a major force in European football; one that will compete with Manchester United and Manchester City for the Premier League title and with Barcelona, Bayern Munich, Real Madrid and PSG in the Champions League.

Given the nature and structure of the funding, the bidders say they are confident they will still be able to comply with FFP.

It is understood that they wish to maintain a degree of stability at the club, despite the upheaval of a takeover, although there would be a new board and, in all probability, a new chief executive as it is understood that Gazidis would be unlikely to be retained.

The bid team regard Arsenal as one of the great clubs of European football but also one that is no longer punching its weight and is in danger of falling behind.

Arsenal’s failure to hang on to their top talent has been a source of major unease at the club. Losing Holland international striker Robin van Persie — who left for Manchester United criticising a lack of ambition – Spain international Cesc Fabregas and France international Samir Nasri all hit hard.

The prospective owners claim there would be a firm commitment to a model of developing and keeping young players but also, and as a priority, to strengthening the squad so that those players, such as Jack Wilshere, have no reason to leave in the future.

Wenger believes he has a core of a squad that can challenge but this is not a universally-held opinion with doubts over the strength of the spine of the team.

Even his most fervent supporters struggle to make a case that Wenger is on the verge of creating another great team or that the squad has depth and quality to compete despite a high wage bill.

The Middle East consortium claim to sympathise with Arsenal supporters and their contention that many of them have been priced out of following their club.

Supporters groups have already warned that generations of fans could be lost.

Ticket prices, among the highest in the world and an increasingly contentious issue, will be reduced, the bid source said, and there will be an attempt to recreate “some of the feel of the old North Bank” at Highbury within the Emirates Stadium.

The bid source added there was a real desire to “bring back some of the true supporters” who have been priced out or become disillusioned.

The disillusionment is undoubtedly there. Cup defeats to Bradford City and Blackburn Rovers heightened that sense as did the humiliating Champions League 3-1 defeat to Bayern Munich at the Emirates a fortnight ago, when the German side played with a verve and tempo Arsenal no longer recognise.

Finishing outside the top four would compound it even more especially if the proposed takeover is rejected. That would further increase the pressure on Kroenke in particular.

http://www.telegraph.co.uk/sport/football/teams/arsenal/9904640/Arsenal-poised-to-be-subjected-to-1.5bn-takeover-bid-from-Middle-East-consortium-within-the-next-few-weeks.html

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winecooler 11 years ago
Borussia Dortmund, Japan 14 186

I hope this happens. Arsenal's board members have no plan and no vision. They are just concerned about earning money and put that into their pocket. Kroenke actually haven't made any investment for his team and wenger fell into mannerism. A football club is not a department store; every supporter wants trophies and glories. It's time to rebuild arsenal. This team has already been taken over by the american owner and if both are "foreigners," the one who can guarantee the huge investment is definitely the better choice. Hope arsenal doesn't fall like this. 

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ramaboy10 11 years ago
Mauritius 285 6463

no.

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Footaholic 11 years ago
Arsenal, Egypt 178 2277

What the fuckity fuck is this shit? First of all, the "source" is unnamed and I'm not sure if this consortium even exists or not (could be a destabilizing ploy by Usmanov). But what's the deal with breaking this news right before the NLD and our last match with any meaning for the rest of the season? Either these guys are real and are thinking that if we lose the NLD, it will help their cause or someone is trying to fuck with us before the match.
 

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Footaholic 11 years ago
Arsenal, Egypt 178 2277

Even if it were real, there is no way this would happen. First of all, Uzmanov is a multi-billionaire (the richest man is Russia and 28th in the world) and he wants to take become the owner of the club himself. That absolute cunt bucket Kroenke is also a billionaire and, despite the fact that every fan wants him to fuck off and leave us in peace he has repeatedly stated that he doesn't want to sell any of his "sports empire".

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Footaholic 11 years ago
Arsenal, Egypt 178 2277

So let's recap. We already have two billionaire's fighting over the club. One looks like he wants to become Roman Abramovich the second & the other doesn't give a flying fuck about the club, it's history, it's supporters, and just wants to add it to his collection of sports clubs he's turned into bottom dwelling failures.
Now, we have a consortium of Arabs (from BOTH UAE and Qatar) who want to join the fun and spend their way to becoming the Sugar-Daddy kings?

NO. Fuck off. We have problems and yea, they badly need addressing but we have always maintained our class. In a world where the end justifies the means, where could've easily given into the temptation of previous offers by oligarch's and become a egomaniac's play thing, we have remained strong. We have stood firm and have tried to do things the old-fashioned way. We may have made some terrible decisions along the way and haven't been our best but at least our supporters know that we've stayed true to our traditions. We can be proud to wear that cannon on our chests. 

I love my club. I honestly do, but if there is one thing that would ever make me stop supporting it, it is that we become another PSG. NO. It will not and it must not happen.

We must stand firm and remain strong even if we drown by the sea of plasticity that surrounds us. We may not win much but when we do our fans can be proud of how we did it. I wouldn't trade that for the world.

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ramaboy10 11 years ago
Mauritius 285 6463

True story

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man_utd 11 years ago
Manchester United, South Korea 91 1444

"Even if it were real, there is no way this would happen." - Footaholic
lol

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FredTilson 11 years ago
Manchester City, France 61 769

http://www1.skysports.com/football/news/11670/8537337/Arsenal-have-denied-takeover-claims-and-insist-owner-Stan-Kroenke-has-no-plans-to-sell-the-club

"Arsenal have received no approach over a potential takeover and insist majority shareholder Stan Kroenke has no plans to sell up.

Reports claimed a Middle East consortium are preparing a £1.5b bid to buy out the Premier League club at around £20,000 a share.

However, the club insist they have received no contact from potential bidders and that Kroenke would have no intention of selling his controlling stake.

"Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake," said Mark Gonnella, the club's communications director.

"There has been no contact from any potential investors."

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AlexBatak 11 years ago
Chelsea, Italy 204 2707

You know what's ironic? they would buy back all the players they sold and sell what they have except Wilsher & Walcott :)) 

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quikzyyy 11 years ago
Arsenal 429 9002

you know what? I WISH THIS WILL HAPPEN!
you know why? selling all players because that american d*ckhead called Kroenke!
finally we will be able to spend something on players? teams like Chelsea, Man City, Real Madrid are already spending so much on players, so why can't arsenal?

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Lodatz 11 years ago
Tottenham Hotspur, England 150 4992

And look at how much you've loathed them for it, quik. ;)

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AlexBatak 11 years ago
Chelsea, Italy 204 2707

@quikzyy Not just Chelsea, Man city, Real Madrid mostly all rich clubs. PSG, Man Utd, Barcelona, Bayern Munich etc. So i think it's a good thing that would happen to Arsenal *At least they won't sell their best players anymore!*

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quikzyyy 11 years ago
Arsenal 429 9002

@Lodatz it's true that i hate it when others can spend but "my team can't" if it's a way to bring arsenal to winning way i would like that.

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quikzyyy 11 years ago
Arsenal 429 9002

MAKE THIS HAPPEN, there's no way we can win anything with Kroenke in the team.

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