Arsenal Takeover Takes New Twist
April 13th, 2010
posted by admin 2:45 am
Just when you thought you had things figured out someone throws a curveball at you. I bet that is what Stan Kroenke is thinking today.
There “Silent Stan” is, sitting with 29.98% of Arsenal shares, only 10 shares away from launching a takeover bid for the club.
Then the news breaks that Arsenal’s fourth largest shareholder, Lady Nina Bracewell-Smith, who owns 15.9% of Arsenal, has hired an Investment group to help her sell her shares. The estimated
value of Lady Bracewell-Smith’s shares is around £80million. Read more… (273 words, 2 images, estimated 1:06 mins reading time)
