The news of Arsenal's possible takeover by a Middle-East Consortium surfaced yesterday. It was said that investors from Qatar and the United Arab Emirates had been working on the deal for about 4 months. £1.5 billion was the reported bid.


On hearing the news, there were mixed reactions by many Arsenal fans. The ones who wanted Wenger out said they wanted the sale to take effect while some were against it saying it would ruin the club. I was neutral though.


Amidst the new development, some sources have laid doubts on the possibility of this deal. According to a local source, the deal won't happen because the UAE and Qatar won't run a single football club together.


"The UAE and Qatar will never do a football deal together. Qatar might do something on their own, but they wouldn't talk about it, they'd do it. They wouldn't negotiate through the media in this way."


A football finance consultant, David Bick, who had been involved in many club takeovers also expressed his doubts.


"The valuation is nonsensical. Arsenal are odds on not to qualify for the Champions League, so £1.5bn is toppy to say the least."


According to another source,


"Qatar might buy something in England but when you have a single shareholder, you don't negotiate through the media. There are a few conspiracy theories going around about who put this out."


Arsenal's communication director, Mark Gonnella revealed Stan Kroenke who owns the highest shares at the club is not willing to sell his stakes at the moment.


"Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake,"
As a Gunner, do you want Arsenal handed over to Arab investors who'll spend big during transfers just like Manchester City??

SOURCE: http:/www.arsenalterritory.com/2013/03/objections-to-news-of-arsenals-possible.html

Selling the club to the Arabs will only bring more misery, as their demands (instant success) and expectations will destabilize the coaching staff.