Arsenal’s majority shareholder Stand Kroenke has increased his stake in the club to 67.01% as the American gradually takes more control at the Emirates, according to reports (via the Real Business).
Kroenke triggered a takeover in 2011 after reaching the 30% threshold in the club where he increased his stake to over 65% and gained majority control.
The constant presence of multi-billionaire Alisher Usmanov and his company Red & White Holdings have been a problem for Kroenke as they have made no secret of their desire to take full control of the club.
Arsenal transfer news
Usmanov has a 30% stake in the club, and is a self confessed Arsenal fan who attends game much more frequently than his American rival.
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The refusal to have any contribution from Usmanov or his colleagues is visible given the fact that they haven’t been offered a place on the club’s board.
In any case, Usmanov will need to acquire Kroenke’s stake in order to become Arsenal’s majority owner and given that the American is still accumulating shares, it seems as though he isn’t looking to depart anytime soon.