Reports have grown this week that a middle east-based consortium are on the verge of bidding a record £1.5 billion takeover of Arsenal.
A takeover by a group backed by funds from Qatar and the United Arab Emirates would be a world record for a football club, nearly doubling the £800m the Glazers paid for Manchester United eight years ago.
It's understood that the consortium are willing to back manager Arsene Wenger by offering him funds which were never made available to him in the past. The aim of this is to make Arsenal a dominant force in world football, and sign the best players with money being no obstacle.
Since Stan Kroenke became the majority shareholder at the club in 2011, Arsenal fans have always been promised that funds are available to sign top players, but instead, the only thing they have seen is their key players departing the club.
In the past two years, Arsenal have lost players such as Samir Nasri, Cesc Fabregas, Alex Song and Robin van Persie, which left fans questioning the ambition of their club.
Arsenal have not won a trophy since they won the FA Cup in 2005, and show no signs of breaking that duck this year without the help of a miracle, as they trail Bayern Munich 3-1 going into the second leg of their last 16 Champions League tie. In the league, a place in the top four looks out of their reach following yesterday’s defeat to rivals Tottenham Hotspur, whereas embarrassing defeats in both domestic cups to Bradford and Blackburn Rovers mean it has been a terrible season for the Gunners.
But if this takeover goes through, it will mean Arsenal have funds that possibly only a handful of teams around the world could match. This would mean that fans will see exciting players arriving at the Emirates Stadium, rather than leaving the club.
The consortium also have plans which will benefit fans directly as they feel the prices for match tickets are far too expensive for the average person to afford. They have promised to reduce the prices, as it is among the highest in the world.
It's also understood that the consortium highly regard Wenger as a manager, therefore stability would be shown at the club, whereas with other clubs this is a constant problem.
Arsenal fans will surely be happy that someone has promising plans for the club to succeed, as their patience is running out for Stan Kroenke and chief executive Ivan Gazidis.
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