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Arsenal spending beyond their means: Will Stan Kroenke's takeover help or hinder?
When Stan Kroenke first joined Arsenal's board in September 2008, the club had enjoyed a trophy-laden golden decade the likes of which they had not experienced since the 1930s. A lot has changed in the 10 years since. Kroenke's initial accession to the board was as a minority shareholder, but he has held a controlling stake at Arsenal since 2011. Now he is set to make the club a wholly owned subsidiary of his Kroenke Sports & Entertainment (KSE) business as Alisher Usmanov agreed to sell his 30.05 percent shareholding for £550 million ($697.9m), triggering the mandatory purchase of another £33.3m ($42.4m) of shares belonging to small shareholders. Here is how Arsenal got to where...
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-5y from ESPNFC.co.uk
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