Quote of the Day
"Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake. There has been no contact from any potential investors."-- Arsenal Communications Dir Mark Gonnella, denying a report that a Middle East consortium was making a $2.25B bid for the club. (REUTERS, 3/3)
Events
Top Stories
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Arsenal Denies Takeover
Arsenal Owner Stan Kroenke has reportedly been offered $2.25B for the club.
Arsenal is "poised to be subjected to" a £1.5B ($2.25B) takeover bid from a Middle East consortium in the next few weeks, according to Jason Burt of the London TELEGRAPH. The bid would be "the world’s biggest ever" for a football club, dwarfing the £800M paid by the Glazers for ManU, and "will be backed by funds from Qatar and the United Arab Emirates." The group does "not want their identities made public yet," but a bid source said that the intention is to "buy out Arsenal’s American owner, Stan Kroenke, whose perceived weak stewardship of the club has also been called into question by frustrated supporter groups."
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The Bottom Line
Beckham's businesses booming in wake of PSG signing.
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The Rainmaker
NRL set to reap millions from Sonny Bill Williams' return to Sydney Roosters.
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Sponsor On Hold
Corinthians sponsorship in limbo over legality of state bank paying football club.
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Doctor's Orders
FIFA says it will move Qatar Cup to winter if doctors say it's best.
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The Wrecking Ball
Britain's second-largest athletics venue to be leveled.
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The Vote Is In
Swiss vote no on St. Moritz, Davos bid for 2022 Winter Olympics.
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Full Court Press
British Basketball Association courting American investors.
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View From Above
Channel Nine to use Spidercam on National Rugby League telecasts.
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Road To Rio
Bulls, Wizards expected to play game in Rio de Janeiro.
