LYCOS RETRIEVER
Stan Kroenke: Arsenal Chairman
built 159 days ago
The AST notes that these press reports have ... stated that Stan Kroenke has been snapping up scores of individual shareholdings in Arsenal. This is not true. It would have taken just five minutes to look at the share register or check the daily transactions on the PLUS market to see that there has been very little trade in shares in recent weeks and that Kroenke's holding has not changed.
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Stan Kroenke is about as self-promoting as David Dein is shy and retiring. In other words, not very. The 59-year-old is an intensely private man who rarely speaks in public, and is known in Denver as "Silent Stanley". So as and when the proposed partnership between Arsenal and Kroenke's MLS team, the Colorado Rapids, comes to fruition, it is safe to say he won't be reaching for the mic to announce it himself.
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Stan Kroenke's company, Kroenke Sports Enterprises (KSE), owns the Colorado Avalanche (NHL), the Denver Nuggets (NBA) and the Colorado Rapids (MLS). His MLS club recently entered into a partnership agreement with Arsenal further fueling the rumors of a Kroenke/Arsenal link.
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Stan Kroenke moves to take over Arsenal. This is huge. David Dein has resigned and there is speculation that he will join forces with Kroenke, thereby giving both a 30% share of the club. British law would require them to make a formal bid for the team.
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Mr Kroenke is Chairman and Owner of the Kroenke Group, a private real estate investment and development company with properties located throughout the United States and Canada, including the Rocky Mountains region. Over the past three decades, he has built a reputation as one of the nation’s leading developers of shopping centers and apartment complexes. Mr Kroenke’s current and former board and trustee memberships include Wal-Mart Stores, Central Bank Holding Company, Boone County National Bank, Community Investments Partnership of St Louis, the College of the Ozarks, and the Missouri Basketball Hall of Fame. He is a member of St Louis’s Civic Progress, which provides support and leadership for vearious community improvements that promote economic development, education and quality of life. Mr Kroenke holds undergraduate degrees from the University of Missouri.
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Stan Kroenke, the American sporting tycoon, is plotting a £650m takeover of Arsenal, calling in JP Morgan for advice and possible financial support. JP Morgan ... helped to bankroll Malcolm Glazer's successful bid for Manchester United two years ago.
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