Board Sells - Kroenke Takes Control Of Club!!

leedsgooner · Post by **leedsgooner** » Sun Apr 10, 2011 4:20 pm

http://news.sky.com/skynews/

No story yet but apparetly Kroenke in advanced talks to take over at Arsenal

rigsby · Post by **rigsby** » Sun Apr 10, 2011 4:21 pm

As long as he fucks out Hill-Wood I'll welcome him with open arms

leedsgooner · Post by **leedsgooner** » Sun Apr 10, 2011 4:22 pm

Looks like this is the big story we were waiting for. I take it he'll be reaching 30% or over and making an offer for remaining shares.

Gunner4LiF3 · Post by **Gunner4LiF3** » Sun Apr 10, 2011 4:26 pm

I dont know whether this is good news or not

1989 · Post by **1989** » Sun Apr 10, 2011 4:26 pm

Task 1 for Stan the Man:

Get Hill Wood and Wenger OUT!

1989 · Post by **1989** » Sun Apr 10, 2011 4:29 pm

Gunner4LiF3 wrote:I dont know whether this is good news or not

Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.

leedsgooner · Post by **leedsgooner** » Sun Apr 10, 2011 4:30 pm

But will it not be a debt leveraged takeover? Im not sure where it would leave us financially. However, we are crying out for a new broom to sweep out the piss stinking old duffer that is PHW

mcdowell42 · Post by **mcdowell42** » Sun Apr 10, 2011 4:32 pm

Best to go into hiding now can hear usmartin beginning to wake.

Gunner4LiF3 · Post by **Gunner4LiF3** » Sun Apr 10, 2011 4:33 pm

mcdowell42 wrote:Best to go into hiding now can hear usmartin beginning to wake.

Fair point!

selsdon · Post by **selsdon** » Sun Apr 10, 2011 4:34 pm

SteveO 35 wrote: Well that's what the club would like you to believe but it's not what happens in reality. At the end of each year the Chavski Russian writes converts the debt to equity, so if that day ever comes they are virtually debt free.

Kroenke is more of a worry because he will bring a more heavily leveraged debt package with him (like the high interest bonds used at Man United)

I'll bow to Steve0's greater knowledge on this, it doesn't look like the takeover some of us want.

Peeman · Post by **Peeman** » Sun Apr 10, 2011 4:34 pm

US Martin will let us know where we now stand i'm sure

Rugby Gooner · Post by **Rugby Gooner** » Sun Apr 10, 2011 4:35 pm

1989 wrote:
Gunner4LiF3 wrote:I dont know whether this is good news or not
Absolutely good news mate. Wenger will now be under a whole lot more pressure as Kroenke is a winner.

Great! Now we will have 20 more years of Wenger and FOOTBALL stagnation! All that American wanker cares about is making money!Why do you think that Hill-Woods etc welcomed him with open arms! The days of Arsenal Football Club winning anything,(other than stock market plaudits),are over.This is a black day in the history of Arsenal Football Club!!!

Dan_85 · Post by **Dan_85** » Sun Apr 10, 2011 4:37 pm

Peeman wrote:US Martin will let us know where we now stand i'm sure

And i'm sure he'll do so in a brief & concise manner...

AA23Northbank · Post by **AA23Northbank** » Sun Apr 10, 2011 4:39 pm

Dan_85 wrote:
Peeman wrote:US Martin will let us know where we now stand i'm sure
And i'm sure he'll do so in a brief & concise manner...

BournemouthRED · Post by **BournemouthRED** » Sun Apr 10, 2011 4:40 pm

All those Years of taking the piss out of united, Liverpool
Chelsea etc! And now look at us!