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Football London
Football London
Sport
Chris Davison

Stan Kroenke faces new Arsenal takeover threat as world’s 10th richest person shows interest

It’s certainly been far from a walk in the park for Stan Kroenke since his full takeover of Arsenal Football Club in 2018.

A lack of communication, presence and understanding of the club’s values tipped supporters over the edge when news broke that Arsenal were one of the teams to have signed up to the hugely controversial European Super League, a decision which his son, Josh Kroenke, has since admitted was wrong.

As the owners looked to gain trust and make amends for their mistakes, one billionaire sought the opportunity to throw his name in the ring as a potential buyer at a time when fans demanded change. It was somewhat of a smart move by Spotify founder Daniel Ek, but one which turned out to be very short-lived.

READ MORE: Kroenke declaration, failed takeover - One year on from Arsenal's European Super League debacle

The Kroenke's made it absolutely clear that they had no interest nor plans to sell up, and that their project in north London was only just getting started. A year on from all of the drama and it’s safe to say they meant what was said, with overall views on the American businessmen a major contrast to what they had been for so long.

A combination of the £270m spent over the past two summer transfer windows, increased involvement from Josh and the success we are currently seeing on the pitch has certainly changed many perspectives, handing KSE some much-needed stability in the process.

However, whilst they enjoy the calmness and look to get Arsenal back on track after years of stagnation, a fresh takeover threat appears to be looming in the background.

The Athletic has been told by sources that the family of Indian businessman Mukesh Ambani, who is the world’s 10th richest person according to Forbes, would target the Gunners should they enter the footballing world.

Ambani is worth a reported $90.7billion (£73.7billion) and his son, Akash, is said to be a huge Arsenal fan. The Ambanis have also been linked with Liverpool after experts claimed that they were making a shift into football having previously targeted Cricket, bagging the rights to stream the IPL for $2.6billion (£2.1billion) back in June.

Forbes say Stan Kroenke’s worth is $12.9billion (£10.4billion), that’s quite the difference, a $77.8billion (£63.2billion) gap in fact. The prospect of having someone as wealthy as Ambani in charge will no doubt intrigue fans, but would the timing be right for KSE and Arsenal? You would have to say no right now.

After all, the Kroenke's hold all the cards and with things seemingly going well on and off the pitch, it would come as a significant surprise to see them entertain any offers in the months and even years ahead unless things turn sour once again.

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