We don’t need the money: Spotify owner’s bid to buy Arsenal fails

Football
By Mirror | May 16, 2021
Daniel Ek, CEO of Spotify speaks at an event in Brooklyn, New York, U.S., August 9, 2018. [Reuters, Lucas Jackson]

="https://www.standardmedia.co.ke/sports/football/2001411226/billionaire-says-he-has-the-money-to-buy-arsenal">Daniel Ek< has confirmed that he made a bid to buy ="https://www.standardmedia.co.ke/sports/football/2001412354/aubameyang-makes-emotional-apology-to-arsenal-fans-after-difficult-season">Arsenal< only to see it knocked back.

Reports surfaced suggesting that the Swedish billionaire had backed out of his attempts to purchase the Gunners.

Ek has since released a statement insisting they were untrue as the Spotify CEO again signalled his desire to get involved with the club whom he supports.

He had the backing of several club legends including Thierry Henry but has confirmed that the Kroenkes have rejected his offer.

Ek said on Twitter: "Inaccurate reports emerged today saying I have not made a bid for Arsenal Football Club.

"I think it's important to correct the record - this week an offer was made to both Josh Kroenke and their bankers that included fan ownership, representation at the board and a golden share for the supporters.

"They replied that they don't need the money. I respect their decision but remain interested and available should that situation ever change."

Arsenal owner Stan Kroenke, whose son Josh is part of the club's board, has faced calls to sell as fans protest outside the Emirates.

The American businessman has long endured a difficult relationship with supporters due to his stand-off approach.

Henry was one of several Arsenal 'Invincibles' who backed Ek's proposal and he recently said on Sky Sports: "It is true. Daniel is an Arsenal fan, he didn't say it for any publicity. He is an Arsenal fan for a very long time.

"He already - I'll give you something - reached out [to the Kroenkes] and already said himself that he had collected the funds to make sure that he can put in a good bid.

"They now need to listen. A lot of people have been screaming that they want the owner out. We are trying to offer a solution involving the fans and getting the DNA of the club back."

Share this story
Kenya and Namibia conclude AFCON qualifiers with lacklustre draw in Polokwane
Kenya and Namibia played out a goalless draw in their final 2025 AFCON qualifier at the Peter Mokaba Stadium in Polokwane, South Africa, on Tuesday, November 19.
Misoi elated after winning Sydney race before elevation to a major
When Brimin Kipkorir Misoi delivered a brilliant victory at the 2024 Sydney 42km run, he didn’t know that he would be the last man to win it before it was elevated to a World Major.
Tuwei: Athletics is now suffering from effects of climate change
Effects of climate change have been felt in athletics, the 29th United Nations Climate Change conference (COP29), which is currently underway in Baku, Azerbaijan has been told.
Tottenham's Bentancur banned for seven games over racist remarks on Son
Tottenham midfielder Rodrigo Bentancur has been slapped with aa seven-match domestic ban by the FAn for using a racial slur about team-mate Son Heung-min.
Why Engin Firat was not the right man for Harambee Stars
Over 23 matches, Firat picked just seven wins, seven draws, and nine losses.
.
RECOMMENDED NEWS