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’Arsenal boss to leave
In a world where tycoons are taking over football, one of the sport’s top businessmen is leaving the pitch.
Keith Edelman has resigned as Arsenal chief executive after eight years with the club – a move that is bound to reignite the debate about the football club’s ownership and future.
Kroenke rules out bid, but could join UK’s Arsenal board
US Sports franchise billionaire Stan Kroenke could be offered a board position by the directors of Arsenal, the Premier League UK football club. Mr Kroenke already owns 12.2 per cent of the club. Kroenke is understood to have ruled out a bid for the club in a meeting with chairman Peter Hill-Wood and the board last week.
Arsenal, with £70m transfer kitty, maintains stance
Directors of Arsenal, the UK Premier League football club, are likely to extend their pact to retain their shares to deter takeover attempts, according to chairman Peter Hill-Wood, reports the FT. Board members had agreed in April to keep their shares for a year to ward off Stan Kroenke,
Arsenal board eager to keep Wenger
Arsenal’s manager Arsène Wenger met the football club’s board members Thursday afternoon as minority shareholders expressed concern that the sudden exit of influential vice-chairman David Dein could herald Mr Wenger’s departure.
Kroenke ‘eyes ITV’s 10% Arsenal stake’
Stan Kroenke, the billionaire owner of American soccer club Denver Rapids and Arsenal’s new commercial partner, is being pencilled in by analysts as a potential bidder for ITV’s near 10 per cent stake in the club,