Wenger backs Kroenke plans for Arsenal

Arsenal manager Arsene Wenger has given his approval to Stan Kroenke’s takeover bid – declaring the American businessman has the club’s “best interests at heart”.

Kroenke Sports Enterprises (KSE) yesterday secured a controlling 62.8% stake in the club and are now obliged to make a cash offer for the remaining capital at £11,750 (€13,300) per share.