Kroenke Increases Holdings to 28.7% In Arsenal

Stan Kroenke has moved up his stake in Arsenal to 28.7% after buying another 80 shares at £8,500. He is the largest Stakeholder in the club at the moment and once he reached 29.9% he will then be forced to make an offer for the remaining shares.

This will be interesting to see what happens and we now have another American in play within the EPL. Kroenke already owns a few professional clubs, The Denver Nuggets of the NBA, Colorado Rapids in the MLS and The Colorado Avalanche in the NHL.

Uzbek metals magnate Alisher Usmanov continues to remain at a 25% stake under the company Red & White Holdings. So what will be the next play in this overall battle.

Tune in and see.