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Stan Kroenke Reportedly Increases Arsenal Stake: Latest Details and Reaction
- Updated: May 26, 2016
Arsenal majority shareholder Stan Kroenke has increased his stake in the club to more than 67 percent, despite persistent protests against the American business owner and his handling of the Gunners.
According to the Press Association (for the Daily Mail), the Kroenke Sports Enterprise bought 23 more shares for £368,000, bringing their total amount of shares to 67.05 percent.
The Gunners endured another disappointing season in 2015-16, once again falling short of their goal of winning the Premier League title. Unlike most of their rivals, the club barely invested in new players during the summer of 2015, as …
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