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 Kroenke Buys More Shares
| Oh Rocky Rocky |
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Manager
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| In Lehmanns Terms |
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Gods' idea of a practical joke
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| Jens' Face |
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en buyuk Türkiye (limeyland'dan buyuk)
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| QUOTE (In Lehmanns Terms @ May 12 2009, 05:57 AM) | | As long as it keeps Usmanov out of the picture! |
 also in Kranky news: his basketball team is on the verge of reaching the SF of the NBA championship. They're a darkhorse to win it all.
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| bergstar |
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Elite Member
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| QUOTE (Jens' Face @ May 12 2009, 04:13 PM) | | QUOTE (In Lehmanns Terms @ May 12 2009, 05:57 AM) | | As long as it keeps Usmanov out of the picture! |
also in Kranky news: his basketball team is on the verge of reaching the SF of the NBA championship. They're a darkhorse to win it all. |
Any decent CB's in that side ?
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| Jens' Face |
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en buyuk Türkiye (limeyland'dan buyuk)
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he could do a job, maybe  though, fair warning -- he is Brazilian |
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| The Wengerbabies |
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| QUOTE |
Stan Kroenke's silence may offer hint over Arsenal takeover intentions
• US businessman fails to offer clarification at club's AGM
• Denial of takeover wish would rule out offer for six months
Stan Kroenke maintained the silence he is famous for when Arsenal's shareholders sought clarification of his intentions at yesterday's AGM.
In building his stake in the club to almost 29% the US billionaire has been the subject of an investigation by the Takeover Panel, the regulator of stockmarket-listed companies such as Arsenal.
That came about after his rival shareholder in the club, Alisher Usmanov, lodged a complaint over suspicions that Kroenke was acting in concert with another senior shareholder, Danny Fiszman.
So angst-ridden is the atmosphere that the club's chairman, Peter Hill‑Wood, said the city regulator was "breathing down our necks" and had silenced Silent Stan, as he is known back in his homeland.
But Kroenke's inscrutability invites serious questions. Under the City Code – the rules that govern listed companies – a statement to shareholders would have been treated as binding. Had he reassured them he does not intend to launch a takeover for Arsenal, it would have had tangible consequences.
The Code states: "The person making the statement may [not] within six months from the date of the statement announce an offer or possible offer for the offeree company."
This means that, if you say you will not bid, then you cannot bid for fully six months. Was it Kroenke's reluctance to be constrained by those terms that kept his mouth shut? Even his advisers refused to illuminate in private.
Everyone around the club says he is content to stay as the biggest single shareholder without making Arsenal his own. But that message would be much more compelling from Kroenke himself – and something is stopping him from making it.
County's hefty stamp
Sven-Goran Eriksson has made clear he will remain with Notts County after the Football League's approval of Qadbak's takeover of the club three months ago. But will he ever get the money he was promised by the owners through the shareholding they gave him in Swiss Commodity Holding?
Well, before going offline for a number of weeks the Zurich-based company's website claimed to have SFR160bn (£100bn) of assets under management. Having been set up only in March, with the sole directors Nathan and Peter Willett – both closely involved at County – the transfer of such an enormous amount of assets would, under Swiss law, require the payment of a 1% stamp duty.
In line with its inability to discuss individual cases, the Federal Tax Administration in Switzerland refused to confirm whether SCH had made payment of what would amount to £1bn. But if a single, newly incorporated company were to make a payment equivalent to 0.7% of the country's entire annual tax receipts, that would be newsworthy in Switzerland, no? Yet no one has heard tell of such a fabulous windfall. |
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| McNamara That Ghost... |
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....Just Isn't Holy Anymore
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Just showed on SSN Bryan Swanson's attempt to interview Kroenke. Rather than ask the guy an approachable question and then ask about his possible takeover intntions he just comes out rightly and says whilst he is walking past "are you intending to take over at Arsenal?"
Kroenke just laughed to himself.
Bryan Swanson is a moron.
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| The Wengerbabies |
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Chairman
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| QUOTE (McNamara That Ghost... @ Oct 23 2009, 12:49 PM) |
Bryan Swanson is a moron. |
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| tech12 |
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I would think it's pretty obvious he is planning on taking over at some point. There would be no reason to invest so much without wanting to own the whole damn thing.
I'm pretty sure he doesn't have enough money to pay with cash though. So I worry if we're going to get saddled with debt like United.
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| JackTheLad19 |
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Ultimate Member
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He's bought 10 more, 1% away now
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| Ach |
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The Classiest Poster On GW
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From what?
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| Little Miss Gooner |
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as touched by Cesc! (c)
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| QUOTE (Ach @ Oct 27 2009, 04:27 PM) | | From what? |
winning a trophy
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| The Wengerbabies |
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Chairman
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| QUOTE (Little Miss Gooner @ Oct 27 2009, 04:28 PM) | | QUOTE (Ach @ Oct 27 2009, 04:27 PM) | | From what? |
winning a trophy
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Thats 2% away
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| Jack Bauer |
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Knight of Cydonia
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| QUOTE (Ach @ Oct 27 2009, 04:27 PM) | | From what? |
World domination.
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| tech12 |
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Captain
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Is anyone else worried about how he's going to finance these purchases? He doesn't have enough money to buy AFC. According to the papers he didn't even have enough money to buy some of the shares to get to 30%. According to the papers, he had to borrow quite a bit to make this happen.
MUFC, anyone?
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