kancutlawns wrote:Gooners up in arms about one billionaire buying the shares of another billionaire to pump billions into the club. What is there to complain about?
New manager and quality players like Lacazette and Aubameyang.
Rupe, can you answer?
Billionaire, Stan Kroenke has only put £49m if his own money into the deal. Kroenke has loaned the other £557m from Deutsche Bank. If things go wrong for Kroenke, Arsenal Football Club won't be responsible for the loan, which is a good thing.... BUT now Kroenke has full control of our club, he'll be able to do as he sees fit. When Kroenke Sports & Entertainment (KSE), came to our club they were takings millions out of the club and calling it a a consulting fee...
The shareholders soon put a stop to that. Only a matter of time before that starts up again, only this time there will be no to stop him. Fans of his MLS,NHL,NFL and NBA teams are far the happy with KSE. Kroenke is a billionaire in his own rights, his wife Ann Walton Kroenke, is an heiress to the Walmart fortune, also worth billions.Next summer will Arsenal be shopping in the same places as Man Utd, Chelsea, Liverpool, etc ? I think not. KSE, see Arsenal as a cash cow. They have no feeling or love for our club... They won't be putting in, but they'll be taking plenty out.
Kroenke, has also been talking about Arsenal winning the Champions League....