REDaction e-mail:
Hi All,
Many fans are asking us our views on the current events going on at
OUR club. We would just like to confirm that we 100% support
everything our friends at the AST are saying. A few of us from
REDaction joined over 100 fans at the AST AGM last night to show our
support.
The full AST statement on the situation is below, we would just like
to add that if you have not already done so, now would be a great time
to join Fanshare to show that we really care about the ownership of
OUR great club.
http://www.arsenalfanshare.com/
If you're on Twitter, a good person to follow would be @timpayton -
one of the AST board members.
Last of all, we are glad to here that Ivan Gazidis has apologised for
Hill-Woods ludicrous comments over the weekend about Arsenal fans. The
ticket price increase to be imposed on hard working Arsenal fans?
£4.5M. Hill-Wood's shares sold for £4.7M, we'll leave you to do the
maths.
The AST statement in full:
More than 100 members of the Arsenal Supporters’ Trust (AST) met in
central London last night to discus the proposed takeover of Arsenal
Holdings PLC by Kroenke Sports Enterprises (KSE).
The members present voted unanimously that the AST continues its
campaign for supporters to remain involved in Arsenal’s ownership
structure.
The AST said:
"Arsenal is too important to be owned by any one person. The AST
wants to work with Stan Kroenke to keep Arsenal supporters involved in
the club’s ownership structure.
“The AST and the Arsenal Fanshare scheme will not be selling the
shares its owns and urges all supporters to reject this offer.
“In just six months the Arsenal Fanshare scheme has gained 1800
members who have invested £500,000 in Arsenal shares. This scheme has
been widely praised across the football community and is supported by
the Government who are currently reviewing football’s governance
structures.
Culture Secretary Jeremy Hunt yesterday called on Stan Kroenke to
continue the Fanshare scheme.
“The Arsenal Board supported Arsenal Fanshare and Stan Kroenke was a
member of the Board at the time. Stan Kroenke has also previously told
the AST that he sees supporter shareholders making an important
contribution to the club and that the AST provides ‘ independent
perspective to the shareholders, board and management’.
“The AST spoke to Ivan Gazidis on Monday 11 April and he reiterated
the importance he places upon fans involvement in the club and stated
his commitment to custodianship.
“The AST is encouraged that Kroenke's offer states that he does not
intend to 'de-list' Arsenal from the PLUS markets. In the next few
days we will seek further confirmation of his plans in this area and
would like to see more detail on this subject in the formal KSE offer
document.
"AST is encouraged to hear Red & White plan to keep their shares. They
have previously stated their long-term commitment to the club and this
decision would be a good demonstration of that".
Ends:
Ivan Gazidis has regularly spoken of the importance of supporter
involvement and plurality in the ownership structure of Arsenal
Football Club.
For more information on this subject please listen to a podcast that
AST Board member Tim Payton did with the Arseblog website yesterday.
The Arsenal Fanshare scheme continues to operate and we will keep
members updated when the formal offer document is published.