U.S. sports tycoon Stan Kroenke has increased his stake in English Premier League club Arsenal to over 20 percent after buying a third of director Daniel Fiszman's holding, the club said.
Premier League club Arsenal said on Monday it had agreed to be taken over by American billionaire Stan Kroenke in a deal which would value the club at 731 million.
Arsenal are currently in fourth place and occupy the last Champions League spot with four games remaining.
Kyle Walker extends Manchester City stay until 2026
A day after Novak Djokovic won his 23rd Grand Slam title, Serbia's Nikola Jokic was named Most Valuable Player of the NBA Finals
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Arsenal said on Sunday there had been no approach from potential bidders for the Premier League football club and that majority shareholder Stan Kroenke had no plans to sell up.
Liverpool striker Daniel Sturridge was substituted with a thigh injury as the English Premier League club beat Bayern Munich 3-0 in a pre-season match in Germany on Tuesday.
Arsenal finished eighth in the Premier League but their record 14th FA Cup triumph last Saturday ensured another year of European football and the possibility of earning up to 40 million pounds ($52.58 million) in the Europa League.
Arsenal have sacked manager Unai Emery following a run of seven games without a victory.
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The 37-year-old Mikel Arteta played for Arsenal from 2011 to 2016 before moving to Manchester City as assistant manager, where he won the Premier League twice.
Arsenal's decision to purchase Mesut Ozil and the form that has propelled them to the top of the English Premier League is proof the club is showing ambition and could be the catalyst for more trophies, part-owner Alisher Usmanov has said.
A Middle Eastern consortium is poised to bid 1.5 billion pounds for full ownership of Britain's Arsenal Football Club in the biggest-ever takeover of a soccer team, The Telegraph newspaper reported.
Arsene Wenger signed a new two-year deal with Arsenal that will keep him at the Emirates Stadium until 2019, the English Premier League club announced on Wednesday.
Arsene Wenger is one of the world's greatest managers and his future at Arsenal is assured for as long as he wants to stay, the club's owner Stan Kroenke said in a rare interview on Friday.
One of Arsenal's biggest shareholders decided to sell her stake in the Premier League club on Monday raising the possibility of a takeover bid for the north London side.
Earlier in the day, Russia was banned from defending its Davis Cup and Billie Jean King Cup titles but its players will still be allowed to compete at the Grand Slams and in regular tour events.
Arsenal are the latest English Premier League club to forge ties across the Atlantic.
Formula One chief Bernie Ecclestone made it clear on Saturday he wants to buy Arsenal, but accepted the Premier League club is currently not for sale.
Images from UEFA Europa League semi-finals played on Thursday.
Injury-plagued midfielder Jack Wilshere is fit and with a few more games under his belt will be ready to play for England at the European Championship next month, Arsenal manager Arsene Wenger has said.
Arsenal manager Arsene Wenger has not yet decided on his future, with his contract due to expire at the end of next season, the Frenchman said on Friday.
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With no Champions League football for a third straight season, the financial realities are starting to bite and Arsenal will be desperate for some of their talented youngsters to come through.
The 46-year-old has been hired to fill the sizeable void left by the departure of Frenchman Arsene Wenger who had been at the Arsenal helm since 1996.
Arsene Wenger will have more money to spend on players this summer after the club signed a new kit supply deal with German company Puma that begins on July 1.
Arsenal manager Arsene Wenger is to stand down at the end of the season after a reign of almost 22 years that made him the most successful boss in the Premier League club's history.
Benzema to stand trial in sex tape case, says lawyer.
Arsenal manager Arsene Wenger has said he was unsure whether there were divisions in the club's boardroom regarding his future and that he was more focused on salvaging his team's stuttering Premier League campaign.
Manchester City made sure of third place in the Premier League when they romped to a 5-0 win at Watford on Sunday to ensure a Champions League berth for next season.
Former Arsenal striker Ian Wright has launched a scathing attack on the club's manager Arsene Wenger, saying he could not make a case for the Frenchman to extend his reign beyond this season.
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