Kroenke ups Arsenal stake

ARSENAL last night confirmed director Stan Kroenke has increased his stake in Arsenal to 28.3%.

The American businessman last year accepted an invitation to join the club’s board and yesterday his company bought 4,839 shares from members of the Carr family, including Arsenal director Richard Carr.

Carr said: “It has been a wonderful ride and the family have enjoyed every minute of it. I hope there will be many more magic moments for us in the future.”