*BREAKING NEWS*

stearmaster · Post by **stearmaster** » Wed Apr 18, 2007 5:00 pm

DAVID DIEN HAS LEFT ARSENAL

stearmaster · Post by **stearmaster** » Wed Apr 18, 2007 5:09 pm

OFF ARSENAL.COM

David Dein leaves Arsenal Football Club
Arsenal today announces that vice-chairman, David Dein has left Arsenal Football Club and ceases to be a director of the Club with immediate effect.

Arsenal Chairman Peter Hill-Wood said: â€œOn behalf of the Board I would like to express our gratitude to David Dein for the many years of loyal service he has given to the Club. We sincerely regret that irreconcilable differences between Mr. Dein and the rest of the board have necessitated a parting of the ways.â€

Graham Wilkinson · Post by **Graham Wilkinson** » Wed Apr 18, 2007 5:13 pm

A useful clue as to what was about to happen was in an article the Guardian this morning.

http://blogs.guardian.co.uk/sport/2007/ ... es_ag.html

Makes it clear that Dein was isolated in favouring a Kroenke takeover.

Dein still has a 14.5% stake. What happens to that?

northbankbren · Post by **northbankbren** » Wed Apr 18, 2007 5:27 pm

From the standpoint the club are taking it seems that maybe dein was looking for the club to be taken over and the board disagreed?

I have to say I'm not sure and am very sceptical about the boards announcement that they have agreed not to sell their shares for one year, why not five or ten if they want to stay with the club and not cash in.

Seem's a takeover could be on the horizon. I hope not but Dein leaving the club scares me. Will we be another chelski or man usa?