Kroenke edges closer to takeover threshold

Stan Kroenke has purchased another 10 shares in Arsenal’s parent holding company, at a cost of some £85,000 (€93,000), to edge closer towards the takeover threshold.

The Denver-based sports magnate is now the largest individual shareholder in the Gunners, with a stake of some 28.9%, which includes a £765,000 (€843,000) purchase earlier this month.