Tag Archives: Stan

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.

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This post originally appeared on Daily Express :: Sport Feed

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

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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.”