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Middle Eastern investors to make 1.5bn bid for Arsenal FC

Just hours before the North London derby, there are reports that Arsenal FC are set to be the sub...
Newstalk
Newstalk

23.00 2 Mar 2013


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Middle Eastern investors to ma...

Middle Eastern investors to make 1.5bn bid for Arsenal FC

Newstalk
Newstalk

23.00 2 Mar 2013


Share this article


Just hours before the North London derby, there are reports that Arsenal FC are set to be the subject of a sensational takeover bid by a Middle Eastern consortium within weeks.

The bid is said to be in the region of £1.5 billion, or £20,000 per share as they look to tempt majority shareholder Stan Kroenke into selling up. Currently shares are valued at £17,000 each.

The investors come from Qatar and the UAE and intend to spend heavily in order to put the Gunners back among European football's elite.

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