Sky reporting that Stan Kroenke is close to launching Arsenal takeover bid

Sky News has written that American billionaire Stan Kroenke, who owns the St. Louis Rams, the Denver Nuggets, the Colorado Rapids, and 29.9% of Arsenal, is in talks to buy the shares of Lady Nina Bracewell-Smith and Danny Fiszman, and thus be legally obligated to launch a takeover bid for the club.  The article points out that Kroenke is in "advanced talks", which is something I don't totally understand, since whenever the subject of business comes up, my brain sort of shuts off.

Kroenke is a pretty solid owner, by all accounts.  Notable Arsenal blogger and business-savvy person Swiss Ramble wrote an excellent account of the man last spring, and nothing has really changed since then, aside from the Nuggets continuing to be awesome.  Kroenke is a smart and understated sports mogul, and if someone's going to take over the club, I'd prefer it to be someone like that.  Hopefully he wouldn't use the club as leverage in any sort of financial tomfoolery.

What does everyone think?  If this actually happens, is it positive?

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join The Short Fuse

You must be a member of The Short Fuse to participate.

We have our own Community Guidelines at The Short Fuse. You should read them.

Join The Short Fuse

You must be a member of The Short Fuse to participate.

We have our own Community Guidelines at The Short Fuse. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9353_tracker