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Football London
Football London
Sport
Matthew Holt

Stan Kroenke makes £270m investment as Arsenal transfer bid for Mykhaylo Mudryk rejected

Arsenal owner Stan Kroenke has added yet another piece of real estate in San Fernando Valley to his portfolio.

The 75-year-old completed the $325million (£270m) purchase earlier this week amid the Gunners' ongoing transfer battle regarding Ukrainian winger Mykhaylo Mudryk. Arsenal's first bid, thought to be in the region of £65million including add-ons, has been rejected.

With Mikel Arteta's side leading the way in the Premier League at present, a recent injury blow to striker Gabriel Jesus has set some supporters' nerves jangling regarding the ongoing title race. Mudryk, 21, has enjoyed an impressive spell with Shakhtar Donetsk this term and his current club is said to be holding out for a fee of around £100million.

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