Wenger calm over Kroenke investment

Published Add your comment

Arsene Wenger has no problem with Stan Kroenke's continued investment in Arsenal - so long as it never impacts on the way he runs the team.

The American tycoon has edged closer towards the takeover threshold following the announcement of the purchase of another 427 shares in Arsenal's parent holding company, at a cost of some £3.6million.

"Inside the club, on a daily basis, it does not change anything," the Arsenal boss said. "As long as I am not told I have to change the way I see the vision for the club on the technical side, as long as nobody interferes with that, then I do not see what kind of impact it could have on me."

The Denver-based sports magnate is now the largest individual shareholder in the Gunners, with a stake of some 29.6% after acquiring more stock from the estate of the late British industrialist Ernest Harrison.

Should Kroenke, or indeed anyone else such as second-largest shareholder Alisher Usmanov, reach a figure of 29.9%, they would, under the City's financial regulations, be obliged to launch a formal takeover bid.

Wenger, though, insists it remains very much business as usual at London Colney.

He added: "I believe I have shown I can manage a club on the technical side - and I have that guarantee at the club, no matter who the owner will be."

As yet, Kroenke - nicknamed 'Silent Stan' for his choice to keep away from the media spotlight - has made no public statement on his long-term intentions for the Barclays Premier League club.

Indeed, when Kroenke, now on the Arsenal board, was directly questioned during the recent Annual General Meeting, the American chose not to take the opportunity to address the gathered shareholders, with chairman Peter Hill-Wood intervening.

While Hill-Wood insisted major changes behind the scenes were not on the agenda, the Arsenal chairman has also suggested he was "very relaxed" about a proposed takeover by the American.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Premier League

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again