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Stan Kroenke Has No Interest In Arsenal Sale, Turns Down $1.3B Offer

A source said that EPL club Arsenal Owner Stan Kroenke has "no interest" in selling the team and "remains determined to make the club a force in Europe." A source said that Kroenke has "turned down" a $1.3B bid for his 67% share in the club from minority shareholder Alisher Usmanov. Kroenke has "faced increasing criticism" from Arsenal fans in recent years, with some "viewing him as an absentee owner who is more interested in profit than trophies." But the source said that Kroenke's ambition is still to "win the Premier League and make the club competitive in the Champions League again" (ESPNFC.us, 5/20). Arsenal today "failed to qualify for the Champions League for the first time in 20 years" (AP, 5/21).

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