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Stan Kroenke set for Arsenal takeover deal
Stan Kroenke is poised to launch a full takeover for Arsenal after agreeing deals to buy shares owned by Danny Fiszman and Lady Nina Bracewell Smith.
The American businessman already owns 29.9% of the north London club.
BBC Sport understands that he is to acquire the 16.1% owned by Fiszman and the 15.9% owned by Lady Nina for around £11,000 a share, or £225m.
That will give him 62% and control of the Gunners and means he must offer to buy out all the remaining shareholders.
At that price, the club has a market value of around £750m.
With Arsenal carrying debts of £147m, the deals value the club at £900m.
Stan Kroenke is poised to launch a full takeover for Arsenal after agreeing deals to buy shares owned by Danny Fiszman and Lady Nina Bracewell Smith.
The American businessman already owns 29.9% of the north London club.
BBC Sport understands that he is to acquire the 16.1% owned by Fiszman and the 15.9% owned by Lady Nina for around £11,000 a share, or £225m.
That will give him 62% and control of the Gunners and means he must offer to buy out all the remaining shareholders.
At that price, the club has a market value of around £750m.
With Arsenal carrying debts of £147m, the deals value the club at £900m.