Tag Archives: Kroenke

Stan Kroenke 'approves £250m Arsenal transfer spree' as Mikel Arteta eyes five signings

Arsenal owner Stan Kroenke will provide the club with an eye-watering transfer budget of £250million this summer, with Mikel Arteta looking to build on this season’s eighth-placed finish in the Premier League, according to reports. The Gunners failed to escape the clutches of mid-table during the Spaniard’s first full campaign at the helm, missing out on European qualification for the first time in over 25 years.

The squad looks set for a large-scale overhaul in the coming weeks and months, with many players expected to leave the club ahead of the start of next season.

The likes of Hector Bellerin, Granit Xhaka, Bernd Leno and Matteo Guendouzi appear to be facing uncertain futures at the Emirates Stadium and will need replacing if they are to seek pastures new this summer.

Meanwhile, Dani Ceballos and Martin Odegaard have returned to Real Madrid after their respective loan spells.

Significant levels of investment will be needed for Arsenal to stand any chance of returning to the upper reaches of the Premier League table next season, given their recent lack of quality and the number of expected departures.

This is a view seemingly shared by Kroenke, who is prepared to bankroll a comprehensive summer rebuild to the tune of £250m, according to 90min.

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It is claimed that Arsenal are looking to target young, high-potential players with the ability to develop into more expensive assets, which is said to be a significant factor in Kroenke’s willingness to spend.

Arteta will reportedly push for at least five additions this summer, with the former Gunners playmaker hoping to land a goalkeeper, full-back, central defender and two central midfielders.

However, the report states that other signings could be on the agenda if players are sold to make room for new arrivals.

Arsenal are believed to be keeping tabs on a number of potential targets, with Sheffield United goalkeeper Aaron Ramsdale and Brighton and Hove Albion defender Ben White understood to be on the club’s radar.

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The latter was reportedly the subject of a failed £40m bid earlier this week and it remains to be seen whether the Gunners will go back in for his services in the near future.

Norwich City right-back Max Aarons is also said to be an option for Arteta, with Bellerin likely to call time on his ten-year spell in north London before the start of the new campaign.

In the middle of the park, Albert Sambi Lokonga, Yves Bissouma and James Maddison of Anderlecht, Brighton and Leicester City respectively are understood to be on Arsenal’s shortlist.

Arteta revealed earlier this year that he is expecting to lead a summer of change ahead of next season, but stressed that a number of factors will influence the Gunners’ fortunes in terms of recruitment.

“We don’t know yet because we have so many things to do,” Arteta told reporters in March when quizzed on his transfer strategy.

“We have people on loan, people finishing contracts. There has been a lot going on in the last two transfer windows, the amount of things that had to be done was probably unprecedented and it will be again in the summer.

“We are trying to put a plan together to see the resources that we have, how much we want to improve, how we’re going to do it and at what cost. There are so many factors, it’s not just about one thing or an [financial] amount.

“It’s about the project and, timewise, how to build it is going to take some effort from everybody and we know that. The challenging moments that we are facing at the moment is making it even harder.”

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This post originally appeared on Daily Express :: Sport Feed

Mikel Arteta makes Arsene Wenger Arsenal claim with ruthless Stan Kroenke transfer warning

Mikel Arteta insists he remains the right man to revive Arsenal but insists the club’s hierarchy must get “ruthless” over the summer months in order to overcome yet another below-par campaign, one which he thinks continues a five-year decline.
The Gunners boss insists the club’s decline started well before him and even before Arsene Wenger left, with Unai Emery – the man who dumped Arsenal out of the Europa League at the semi-final stage on Thursday night – failing to arrest the slide after the Frenchman left in 2018.

Arsenal owner Stan Kroenke is expected to stick with Arteta into next season although the north Londoners’ season, which was pinned on the Europa League, fell apart this week.

A 0-0 draw against Villarreal, after a 2-1 first-leg defeat, means Arsenal’s chances of silverware are over and that they will go another year without Champions League football having been stuck outside of UEFA’s premier competition since 2016-17.

Arteta’s charges are sat ninth in the Premier League table at present and could feasibly finish in the bottom half for the first time since the 1994-95 season.

The season after that was the last time Arsenal had no European football and it is highly likely that their 25-year run of Champions League or Europa League football will end. It does not even appear that there will be Europa Conference League nights at the Emirates next term.

Yet though Arsenal are moving further backwards, having won the FA Cup last season and the Community Shield at the start of the current campaign which has soured badly, Arteta is confident he can be the one to turn the tide.

But the former midfielder insists it will be no easy task because he claims Arsenal have been battling mediocrity for the past five years, despite winning two FA Cups in that time.

And Arteta wants Arsenal to get ruthless as he made it clear to the Kroenkes that they must address the problems in their first-team squad over the summer.

The Spaniard said: “We have not been competing with the top clubs in this country for five years. It is not as if this process started six months ago – it started five years ago and you can see this trend.

“I understand those concerns because when you are out of the Champions League for five years it is not just a casualty, it’s a trend.

“This year is not year one. I think a project has its phases and I am telling you we are in a much better position today to be where we want to be very soon, if we do what we have to do.

“But we have to be ruthless. There is no time to waste and there is a lot to do.

“What I felt was a deep pain because where this club is at the moment, with everything it has been through over the last months, I had a feeling that if we could take the team to the final, it could be a great turning point.

“I know that we have disappointed a lot of people as well, and that really hurts because we want to give the best to everybody, but one thing I made clear is that to do what we want to do, I have no doubts that we are going to achieve it. If not, I wouldn’t be sat here.”

Arteta is desperate to repay the club’s fanbase, who have largely stuck by the former captain’s side, at least prior to the semi-final loss to Villarreal, which prevented an all-English final showdown against Manchester United.

“They have been incredible with the team and incredible with me since I arrived and I have to show my appreciation first of all,” Arteta, 39, said.

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“I know their disappointment. We are here to give them joy, to give them moments where they can feel proud of what we do.

“We were able to do that last season and we haven’t this season. We are the ones who have to give them something to cheer about. I think it is our moment to do something for them.”

Arsenal will look to pick themselves up and at least end the season respectably following their European disappointment.

They take on West Brom this Sunday (7pm kick-off) knowing they could relegate the Baggies with a win, then face Champions League finalists and London rivals Chelsea at Stamford Bridge the following Wednesday.

Arteta’s first full season in charge then sees Arsenal face Crystal Palace in their penultimate match before hosting Brighton to see out the campaign.

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This post originally appeared on Daily Express :: Sport Feed

Arsenal owner Stan Kroenke makes decision on Mikel Arteta future after Europa League exit

The Americans’ decision to join the breakaway European Super League, which they have since withdrawn from, was the final straw for many supporters.

Arsenal have been subject of a takeover offer from Spotify founder Daniel Ek, who is leading a consortium of three Gunners Invincibles.

However, the Kroenkes say they have no intention in selling the club.

Josh Kroenke, son of Stan and director at Arsenal, said last month money will be made available this summer to improve the squad.

But there will be no financial injection of Champions League qualification money, which would have been there if they got past Villarreal and beat Manchester United in the Europa League final.

Author:
This post originally appeared on Daily Express :: Sport Feed

Wenger willing to help Arsenal legends with takeover despite Kroenke statement

Author: [email protected] (Daniel Blackham)
This post originally appeared on Mirror – Football

Arsenal icon Arsene Wenger has confirmed he is willing to help club legends Thierry Henry, Dennis Bergkamp and Patrick Vieira in their joint takeover bid alongside Spotify CEO Daniel Ek, despite current owners the Kroenke family insisting they will not sell.

Gunners fans are dreaming of a potential takeover in the coming months after taking to the Emirates in their thousands to protest against the current owners.

Following the European Super League fiasco, coupled with the consistently below-expectations results on the pitch, fans have started to call for change in their droves.

Spotify co-founder and self-proclaimed Arsenal fan Ek recently confirmed he is looking into the potential of buying the club, and has asked Henry, Bergkamp and Vieira for their support if he is successful.

And now, Wenger has thrown his hat into the ring by confirming he would do whatever he could to help the club he managed for 22 years.

Arsene Wenger has pledged his support to Daniel Ek's takeover attempt of Arsenal
Arsene Wenger has pledged his support to Daniel Ek’s takeover attempt of Arsenal

Speaking to beIN Sports, he expressed he is still an Arsenal fan and wants to see the club run in the correct way, saying: “I would say I like the fact that former people of the club run the club.

“Basically you have two examples in the football world – former players who run the club like Bayern [Munich], or big investors who buy a club like Man City.

“I personally, because I’m a football man, I like the fact that former Arsenal players take over and give advice.

Spotify co-founder Daniel Ek wants to buy Arsenal with the help of a few club icons
Spotify co-founder Daniel Ek wants to buy Arsenal with the help of a few club icons

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“For the project, I prefer personally… the best deals I made were when nobody knew about it and you come out and it’s done. When you announce things, you have a mountain to climb after. Nobody wants to give in. It’s easier always when you do your deals, when it’s done you come out and [announce it].

“Look, I will always support Arsenal. If I can help Arsenal I will do it in any way. That’s my answer. If not, I am happy in my life.”

Earlier on Tuesday, however, Josh and Stan Kroenke issued a statement confirming they would reject any takeover bid made for the club.

Arsenal owner Stan Kroenke has no interest in selling the club
Arsenal owner Stan Kroenke has no interest in selling the club

The statement read: “In recent days we have noted media speculation regarding a potential takeover bid for Arsenal Football Club. We remain 100 per cent committed to Arsenal and are not selling any stake in the club. We have not received any offer and we will not entertain any offer.

“Our ambition for Arsenal remains to compete to win the biggest trophies in the game and our focus remains on improving our competitiveness on the pitch to achieve this.”

Wenger often received criticism from fans towards the end of his time at the Emirates, and the Frenchman conceded that he made mistakes towards the end of his tenure.

However, he insisted that he only ever had the club’s best interests in mind, adding: “I think the fans give me credit that I always put Arsenal first. I sacrificed many of the best years of my life in my career to help the club get out of building the new stadium without any money from anybody.

“We didn’t go out and say we needed money, we did it with the quality of our work and we remained at the top.

“Yes, I was criticised, you have to accept that when you’re in a public job. I don’t think anyone would question the fact that I did it genuinely with desire to do what is best for the club. Afterwards, I made mistakes, I don’t deny that.”

Not for sale: Arsenal owner Kroenke issues statement

 

Arsenal owner Stan Kroenke has released a statement to say that he is not interested in selling the club following the fallout of last week’s ill-fated Super League proposal as rumors of a takeover bid swell.

Spotify chief Daniel Ek had reportedly made initial moves as part of a consortium also featuring Gunners icons Thierry Henry, Dennis Bergkamp and Patrick Vieira to propose a takeover bid rumored to be in the region of £1.8 billion (£2.5 billion / €2 billion) for the North London club.

News of the potential offer gained steam this week amid massive fan protests at the club’s involvement as one of the founding members and initial signatories of the Super League, a proposal which lies in ruins today.

Regardless of the fan rancor, the Kroenke’s are refusing to budge.

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A press release issued on Tuesday by Kroenke Sports & Entertainment essentially told Ek to keep his checkbook in his pocket, and that Arsenal are not for sale at any price.

In recent days we have noted media speculation regarding a potential takeover bid for Arsenal Football Club. We remain 100 percent committed to Arsenal and are not selling any stake in the Club. We have not received any offer and we will not entertain any offer,” the statement, which was attributed to both Stan and Josh Kroenke, read.

Our ambition for Arsenal remains to compete to win the biggest trophies in the game and our focus remains on improving our competitiveness on the pitch to achieve this.”

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This news will come as a blow to a large section of Arsenal supporters who have been openly agitating for a change in ownership. The potential bid from Ek, along with the trio of Arsenal legends, was thought to have garnered significant fan backing – particularly after scenes of fan protest outside the club’s Emirates Stadium in the wake of the Super League breakaway plans.

I wasn’t surprised Arsenal were involved, given they have an American owner – an absent owner – who rarely says anything regarding the football club,” said former Arsenal striker Alan Smith to Sky Sports recently.

“There is very little bond between Stan Kroenke and the club. He rarely comes over. His son has a more hands-on connection with the club, but Josh is new to the game, he’s not been brought up around football.

“Kroenke obviously has seen that model work in the States with the NFL, NBA, and, along with the Liverpool and Manchester United owners, they have seen how profitable it could be.”

Ek, meanwhile, is understood to be a lifelong Arsenal fan and likely represents the blueprint of the type of owner that Gunners fans would be enthusiastic about – but Kroenke’s refusal to budge looks set to raise the temperature even further among a fanbase wholly unsupportive of their ownership.

Also on rt.com ‘We want our Arsenal back’: Gunners fans protest & demand US owner Kroenke leaves club after Super League debacle (VIDEO)

Author: RT
This post originally appeared on RT Sport News

Arsenal takeover: ‘Thierry Henry and two other Invincibles team up to oust Stan Kroenke’

Author:
This post originally appeared on Daily Express :: Sport Feed

Spotify owner Daniel Ek has joined forces with Thierry Henry, Patrick Vieira and Dennis Bergkamp in preparing an Arsenal takeover bid to oust Stan Kroenke, according to the Daily Telegraph.

Spotify’s billionaire owner Ek has joined forces with the three Arsenal legends and will test Kroenke with an offer.

If the takeover is successful Henry, Bergkamp and Vieira could all return to the Emirates.

All three were part of the infamous 2003-2004 Invincible team who didn’t lose for an entire season in winning the Premier League title, wrestling it back from Manchester United in the process.

Ek is worth a staggering £3.4billion according to Forbes and he is set to make a formal offer to Kroenke to buy the Gunners.

Arsenal director Josh Kroenke, the son of Stan, insisted last week the club is not for sale following the European Super League fiasco.

Ek confirmed his interest in the Gunners last week as Kroenke was the subject of protests outside the Emirates from disgruntled fans.

On Twitter, Ek said: “As a kid growing up, I’ve cheered for @Arsenal as long as I can remember. If KSE would like to sell Arsenal I’d be happy to throw my hat in the ring.”

On selling the club Josh Kroenke exclaimed: “When are we going to sell? I am not willing to answer that question because we have no intention of selling.”

Henry made clear at the weekend he was unhappy with the way Arsenal is being run.

He told The Daily Telegraph: “This club belongs to the fans, I love the club and I will support the club until I die, but I do not recognise my club and what happened just now, with them trying to join a league that would have been closed, makes no sense to me.

“They have been running the club like a company, not a football club, and they showed their hand. Maybe it’s a lack of understanding of the core football values and maybe the money was too big of a temptation. But whatever it was, they got it wrong. Badly wrong.”

Henry also gave his verdict on whether the current owners should sell.

He explained: “Fans always decide, as you saw with the ESL. You have to listen to the fans and I can understand why they protested.

“The ESL didn’t happen because of the fans, not because anyone else was talking, Not only me, you and the fans said it was wrong, they (the owners) also said it was wrong. They showed their hand and that was disappointing.

“I remember when I arrived, not the Tottenham fans or our rivals, but a lot of the time I used to hear ‘my second team, if I had to pick one, is Arsenal’, because of the history, the culture, the class, the family.

“But I don’t hear that or see that anymore and it pains me. We need to get that image back. We need our identity back.”

‘We want our Arsenal back’: Gunners fans protest & demand US owner Kroenke leaves club after Super League debacle (VIDEO)

Author RT
This post originally appeared on RT Sport News

Arsenal fans have gathered outside their Emirates Stadium to protest against scrapped plans to join the European Super League and the club’s owners.

Taking advantage of the Gunners’ home game against Everton in the Premier League on Friday, hundreds of supporters brandished banners, sang chants and let flares off.

The brunt of their anger was aimed at owner Stan Kroenke, the club’s majority shareholder for a decade now who assumed full control of the north Londoners in 2018.

Facing calls to get “out” of the club since it withdrew from the failing Super League project, Kroenke’s son Josh revealed his father has “no intention” of selling up at a fans’ forum yesterday despite the furor and long-harbored resentments.

“I believe we are fit to carry on in our position as custodians of Arsenal. We were put in a very difficult position by forces outside of the club,” the younger Kroenke added, but these remarks have evidently done little to defuse tensions.

Putting further pressure on the ruling family, club legend Alan Smith has also blasted the Kroenkes by saying to Sky Sports“I wasn’t surprised Arsenal were involved, given they have an American owner, an absent owner, who rarely says anything regarding the football club.” 

“There is very little bond between Stan Kroenke and the club. He rarely comes over. His son has a more hands-on connection with the club, but Josh is new to the game, he’s not been brought up around football,” Smith went on.

“Kroenke obviously has seen that model work in the States with the NFL, NBA, and along with the Liverpool and Manchester United owners, they have seen how profitable it could be.

“I don’t think they understand how the European mind thinks about our sporting culture. It was ignorant not to appreciate there would be such a backlash. It beggars belief,” the former striker scathed.

“For Stan, it’s about figures on the page and profits and losses. There is no emotion there. Myself and the majority of Arsenal fans are not surprised he jumped into it [the Super League], but so did some other clubs. Maybe they had some misgivings and had to be persuaded, but they were persuaded and that’s the damning thing.”

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As the faithful were reported singing “We want our Arsenal back” and “We want Kroenke out”, this sentiment was echoed online by other fans.

#KroenkeOut was widely-shared on Twitter, even by club legend Ian Wright.

And the hashtag – or rather a misspelled “KronekeOut”, highlighting the lack of familiarity he has with the club, some said – trended number one in the UK.

But one contrarian went against the grain by saying: “As an honest Kroenke Out fan I have no choice but to strongly agree with Josh here.”

“The Kroenkes are setting us up on the right path now and we should be glad they are our owners. Ignore the haters,” he finished, which was definitely not a popular take.

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