free hit counter
An unofficial blog from the creators of
Liverpool Pies

Should Arsenal look west, rather than east, for investor saviour

Back at the start of the season, Arsenal were being touted as a takeover target by the headline writers, as an American, then a Russian billionaire took hefty stakes in the club.

It is understood that both deals were brokered by former Gunners vice chairman David Dein, who was anxious to see some big money being invested in the club that he loves.

First Dein persuaded ITV to sell its stake in Arsenal to Denver-based sports magnate Stan Kroenke (pictured). That deal ultimately led to Dein falling out with his fellow directors and saw the enigmatic double-D leaving the club.

Upping the ante on the incumbent board, Dein then sold his near 15% stake in Arsenal to Uzbeki-born metals billionaire Alisher Usmanov and with Dein's influence the secretive Usmanov has now amassed close to 25% of Arsenal shares.

With such heavyweight investors pumping up the share price, Gunners chairman Peter Hill-Wood got on his high horse and publicly declared of Kroenke that he "didn't want his sort" involved in Arsenal.

A year later, however, Hill-Wood is eating humble pie and is hinting that he sees Kroenke as the lesser of two evils when it comes to the club's foreign investors...

Admitting that he was a tad hasty in bad mouthing the American, Hill-Wood reportedly said, "Contrary to what I said before, I now believe [Kroenke] may have a vital contribution to make to the future of this club.

"I'm not denying I said what I said, but I made those observations before meeting Stan. I have now got to know him and I have changed my opinions.

"Before I met him I didn't think he was the right person to take control of Arsenal. Now I know him as a man who is very much steeped in sport. He's a sports man. He has a major link with the club through the broadband rights and there is every reason to expect we shall discuss further how his involvement can be extended."

That statement seems to pave the way for Kroenke to be offered a seat on the board. And it would appear that having not spoken of Usmanov in the same glowing terms, Hill-Wood is singularly unimpressed by the new money from Russia.

Personally speaking, I believe that by having someone with the marketing savvy of Kroenke - he already owns the St Louis Rams American football franchise, basketball outfit the Denver Nuggets, ice hockey team the Colorado Avalanche and soccer team Colorado Rapids, among others - Arsenal could derive major benefits from his knowledge and expertise.

But what do you lot think? Do you care who owns Arsenal? Perhaps you would welcome Usmanov and his billions. Or maybe you believe the club should fight tooth and nail to remain in English hands. Share your thoughts here.

Came straight to this page? Visit for all the latest news.

Posted by Gordon Masson on May 15, 2008 11:01 AM in Debate of the Day
| Comments (1) | digg.gif digg this | this | stumble.gifStumble It!


TrackBack URL for this entry:

Listed below are links to weblogs that reference Should Arsenal look west, rather than east, for investor saviour:


sell the club..arsenal needs some big mone if they want to keep up with the rest of the world..arsene has a great youth system going but that wont be enough...he needs summ big money to splash out on a few players and then run his youth system around them...sell the club to Kroenke

Posted by: Arsene | May 17, 2008 8:33 AM

Post a comment

Type the characters you see in the picture above.

Shiny Latest

Shiny Tech Shiny Fashion Shiny Lifestyle Shiny Sport Shiny Games
Subscribe to my feed, Tech Digest Tech Digest
  1. Eee PC 901 will be launching June 3rd, for under $650 according to blabbermouths
  2. Last call for "My Video Life" entries!
  3. BT still the leading ISP in the UK
  4. The Star Wars R2-D2 web-cam is also a VoIP phone, digital camera, remote control...
Subscribe to my feed, Catwalk Queen  Catwalk Queen
  1. Shiny Fashion TV gets a makeover
  2. The Sex and the City fashion show rolls on... to Germany!
  3. Nylon's artist in residence Coco draws up a storm
  4. Missing Style This? Then Play The Shoe Stylist instead!
Subscribe to my feed, Hippyshopper  Hippyshopper
  1. Charity tees by Luella for Tonic Generation
  2. It's not green to be fat, scientists say
  3. Top 10 Eco-friendly uses for: vinegar
  4. Let your food rot in style in a shiny compost bin
Subscribe to my feed, Who Ate All The Pies Who ate all the Pies
  1. Last call for "My Video Life" entries!
  2. The Fiendish Friday Quiz
  3. Competition: Caption this & WIN a Man Utd FA Cup DVD box-set!
  4. Bet of the day: Man Utd vs Chelsea, Champions League Final
Subscribe to my feed, PSPSPS  PSPSPS
  1. Sony reveals US line-up for remainder of 2008
  2. Microsoft's Greenberg scoffs at GTA IV PS3 DLC claims, calls it "wishful thinking"
  3. GGL's Warhawk gaming tourney nets you some ace goodies... if you live in the US
  4. Shuhei Yoshida announced as Harrison's successor
Subscribe to my feed, Shiny Shiny Shiny Shiny
  1. Last call for "My Video Life" entries!
  2. Ditch crappy laptop sound with Urban Outfitter's laptop speaker
  3. Forget flowers and choccies and even diamonds, we want gadgets
  4. PC power: Computers are going to get very exciting over the next 25 years...apparently
Subscribe to my feed, Shoewawa  Shoewawa
  1. Miss L Fire 'Make Do and Mend' flats at Office
  2. Ethical summer style at Beyond Skin
  3. Jean Paul Gaultier Camouflage sandal
  4. Pick of the Shoe Blogs
Subscribe to my feed, Corrie Blog  Corrie Blog
  1. This week in Coronation Street history
  2. Vicky Binns can't wait for Molly and Tyrone's wedding
  3. Police get their hands on Sarah Platt's dress
  4. Yet another new job for Leanne Battersby
Subscribe to my feed, Chelsea Pies  Chelsea Pies
  1. Strange new advert reunites Michael Ballack, Mourinho and Robben...
  2. Caption comp: what is going through Avram Grant's mind right now?
  3. Roman Abramovich spends £1million on Amy Winehouse...
  4. Avram Grant spends night with Chanelle Hayes. Is success going to his head?
Subscribe to my feed, XBoxer  XBoxer
  1. Realtime angling for GTA MMO gig?
  2. Valve confirms no Left 4 Dead demo until after release
  3. Golden Axe: Beast Rider shown off by Sega
  4. Itagaki looking to do something different now Gaiden is gold
Subscribe to my feed, iPhonic  iPhonic
  1. Orange seal Apple deal to sell iPhone in new countries
  2. Community city guide Qype gets iPhone version: iQype
  3. Klipsch launches Custom Series in-ear headphones
  4. AT&T; limits iPhone sales to one per customer
Subscribe to my feed, Kiss and Makeup  Kiss and Makeup
  1. Barry M releases Dazzle Dust in six scintillating shades
  2. The Megabalm Ultra Soothing Lip treatment is good enough to challenge the 8 hour cream
  3. Product review:Dentaburst, the toothbrush that travels with you
  4. It's Tan Time! What happens when you get spray tan crazy!
Subscribe to my feed, Available For Panto  Available for Panto
  1. Panto Poll: new Big Brother eye
  2. Bebo to launch reality show: The Gap Year
  3. Kelly Brook to host Dirty Dancing show
  4. The Apprentice: watch Sara get fired again
Subscribe to my feed, ManunitedPies  Man United Pies
  1. Who should United go for in the transfer market this summer?
  2. Barcelona want to buy back Gerard Pique - but should United let him go?
  3. Watch Aaron Ramsey play in the FA Cup final because he could soon be at Old Trafford
  4. More Ronaldo transfer speculation - but is it all lost in translation?
Subscribe to my feed, Wii Wii  Wii Wii
  1. test
  2. Why Nintendo should buy Twitter to integrate with Wii
  3. On the Virtual Console today:
  4. WiiWare: Original downloadable games on Wii
Subscribe to my feed, HDTV UK  HDTV UK
  1. ITV tests high definition service
  2. freesat HD boxes in short supply due to "high demand"?
  3. Toshiba joining in with Samsung to make Blu-ray drives?
  4. HANNS-G launches 28 inch full HD monitor
Subscribe to my feed, The Bag Lady  The Bag Lady
  1. Momosa wicker bag by Louise Sandberg
  2. Hogan's shopping soft
  3. Samsonite Black Label's 'Fashionaire' suitcase
  4. Shiny Fashion TV gets a makeover
Subscribe to my feed, Crafty Crafty  Crafty Crafty
  1. Stylish contemporary lamp from 70 yoghurt pots
  2. How to make a beach cover from an old towel
  3. Classic Nintendo controller coffee table
  4. How to make a 'voodoo' pin cushion
Subscribe to my feed, Liverpool Pies  Liverpool Pies
  1. Player of the Year poll: Number 9 is...
  2. Only one Liverpool defender in Daily Post's Mersey XI
  3. Former Red set for Anfield return
  4. Red set for La Liga?
Subscribe to my feed, Bridalwave  Bridalwave
  1. Bernard Maisner's gorgous calligraphic invitations
  2. New Dominic and Jayne 'Weddings Abroad' range arriving June '08
  3. Fancy flats for brides from French Connection
  4. Shift dress for civil ceremonies from See by Chloé
Subscribe to my feed, Brandish  Brandish
  1. Velvet Revolver's Matt Sorum opens LA boutique.
  2. Lanvin metallic deck shoes
  3. Fred Perry for DSM polka dot polos
  4. Grey and neon Swear lace-ups from Office
Subscribe to my feed, SpursPies  Spurs Pies
  1. What's Radek Cerny's goodbye message to Spurs?
  2. Will the Dimitar Berbatov saga damage Tottenham's summer?
  3. Don't we have enough youth at Spurs without buying John Bostock?
  4. The Spurs Pies 2007/08 Season Review: August