A Fistful Of Dollars Or The Fatman Menace?
The quiet time is upon us, no football until Sunday. A time when journalists will devour their plates of food and consume copious quantities of alcohol whilst attempting to create mayhem all around them. So, a normal week then.
It appeared that the fallout from Hull would be the talk of the week but never one to let the grass grow under his feet, Stan Kroenke snaffled a handful of shares to leave himself even closer to the edge of an Arsenal takeover attempt. Given that he could buy the remaining 17 or so shares required to cross that threshold from Danny or any one of the Board crew, exterior reasons must be behind any stalling on this front.
The popular reason or belief is that he does not want to pay the £10.5k per share he would have to for any deal before May of next year. Quite possibly this is true.
Or perhaps he is waiting for the outcome of the renegotiation of the contracts concerning sponsorship of shirts and the stadium. According to a report in this morning’s Daily Mirror, envious glances have been cast around the Premier League as Arsenal realises that the long-term nature of The Emirates deal was good at the time in helping secure the external borrowing for the new stadium and disposal of Highbury flats but now looks somewhat paltry compared to deals achieved elsewhere.
Perhaps he is waiting for Usmanov to get close to the threshold and then hope he tippi-toes over it, ridding the club of the Uzbek Menace once and for all when the bid fails. The Uzbek can see £32m disappearing down the swanee if Kroenke does not make a bid in the next five months or so, observing that, “it is important for the stability of the club for him to clarify his position“.
Mr Pot? Please let me introduce you to my good friends, Kettle and Black. If anyone is unsettled by Kroenke, the vast majority are deeply disturbed by Usmanov and his intentions. The media would adore a battle between the two, guaranteeing that back pages would be filled with all manner of salacious gossip disguised as background fact, mixed with a sprinkling of attention to the detail of each deal.
The pair know the Takeover Panel rules and therefore the calls from Red & White are empty rhetoric. Usmanov does not have to wait until he reaches 30% to launch a bid neither does Kroenke. So, let’s be having the pair of you: outside with your piles of used fivers, business plans, the works.
Prove that you can afford to buy Arsenal through improving the club’s financial standing, without loading debt and still have money to spare to continue the investment in not just the first team squad but the reserves and youth academy as well. As it is the season of goodwill, put together a package that will permit a reduction in ticket prices to boot, opening more of the stadium to proper fans rather than relying upon corporate sponsors.
One upshot of this is that according to reports in The Guardian, Kroenke wants Arsenal t0 undertake pre-season tours to the USA, a direct conflict with Arsene’s desire to continue taking the team to Central Europe. In a World Cup year, there is little football sense in undertaking such a jaunt but huge commercial scope, even if none of the first team ‘regulars’ (although they are all regulars with the current spate of injuries) can be there. Whilst I can see Wenger’s point, no evidence exists that such trips are detrimental with all recent Premier League champions traversing the globe.
Posted on December 22, 2009, in Arsenal, Football, Premier League, Premiership, Soccer and tagged Alisher Usmanov, Arsenal, Football, Premier League, Soccer, Stan Kroenke. Bookmark the permalink. 175 Comments.