A SENSATIONAL £1.5billion bid for Arsenal is
being lined up by a powerful Middle Eastern
investment group
The consortium — which includes wealthy
investors from Qatar and the United Arab
Emirates — have been working on the deal for
the last four months.
They will make their big move to majority
shareholder Stan Kroenke in the next few weeks
and aim to take Arsenal to the top of world
football. The investors will offer Kroenke £20,000
per share for his 66.64 per cent stake in the
Gunners.
That would net the American £830million — a
profit of around £350m.
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If Kroenke accepts, the same offer will be made
to the other major shareholder, Alisher
Usmanov, who holds 29.11 per cent.
The group want a total takeover of all the shares
— although they believe it is possible to work
with Usmanov if he decides not to sell.
They also plan to clear the club’s debts of £250m,
put separate funds aside for transfers and stop
the sale of star players.
A source told SunSport: “These are serious
investors with serious money. They are not
messing about.
“Kroenke must realise it is time to get out.