Kroenke says Arsenal not for sale after Usmanov bid

Kroenke says Arsenal not for sale after Usmanov bid

As noted in the report, there has been tension between Usmanov and Kroenke, with the latter not allowing the former a place on the club's board.

Russian billionaire Alisher Usmanov has had a £1billion bid for Stan Kroenke's 67 per cent Arsenal stake rejected but still appears to harbour hopes of a takeover, with the club on the brink of failing to qualify for the Champions League this weekend.

Manager Arsene Wenger has been the target of most of the criticism for Arsenal's disappointing campaign but fans turned their attention to the owner, singing "Stan Kroenke, get out of our club" during the second half.

Thierry Henry has highlighted the haste with which Stan Kroenke has moved to address speculation about selling Arsenal while remaining silent on other matters concerning the club.

Asked when the board meeting is scheduled for, Wenger replied: "I think it is after the FA Cup final".

'The Arsenal fans are waiting for way more answers about what's happening at the club, or might happen at the club, that didn't come - yet'.

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What he and other guys did for the club, helped [make] this club what it is right now. At the clubs I worked at before, I am not here, but here we have a second chance".

The Emirates Stadium outfit finished fifth in the Premier League, despite a 3-1 victory at home to Everton, condemning them to the Europa League for the first time in 20 years. "I don't see what he has to do with that".

Kroenke, though, could face a battle to win back the trust of those supporters who believe a change is needed in the boardroom. The approach, made last month, values Arsenal at $2bn. Does Kroenke and Wenger both need to go?

Usmanov has also called for an overhaul of Arsenal's commercial operations.

The Financial Times first reported that Usmanov made the recent offer to buy out Kroenke, who also owns Los Angeles Rams NFL team and Major League Soccer's Colorado Rapids.

"We are already missing out on the managers we are supposedly interested in and we are going to start missing out on the kind of players that are going to be available and want to play in the Premier League".

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