Spotify founder says he made offer to buy Arsenal

Spotify president Daniel Ek exposed on Saturday that he tried today to purchase Arsenal, the English Premier League football club, however was rejected by the club’s United States proprietors.

The quote from Ek, the billionaire owner of the songs streaming solution, came much less than a month after he went public with his passion in purchasing the North London club, where bitterness amongst followers versus its proprietors has actually been steaming for many years.

In a picture shared on his Twitter account, Ek composed that he had actually made a deal for the club, which is possessed by United States billionaire sporting activities magnate Stan Kroenke, in reaction to “inaccurate reports” that he had actually not tried.

Ek claimed his was made to Kroenke’s child Josh, that is a supervisor at the club and also vice-chair of Kroenke Sports & Entertainment (KSE), as well as likewise shown to the proprietors’ lenders.

“They replied that they don’t need the money,” composed Ek. “I respect their decision but remain interested and available should that situation ever change.”

Arsenal, which last won the Premier League in 2004, indicated a previous declaration made by KSE, in which the team explained it was not marketing the club or enjoyable any kind of deals.

Stan Kroenke came to be an investor in Arsenal in 2007 and also took bulk control 4 years later on. In 2018, he got a continuing to be 30 percent risk from Russian steels tycoon Alisher Usmanov for £550m in cash money, finishing a top-level fight for control in between both. 

Arsenal followers for many years have actually implicated the Kroenkes of doing not have the dedication to create the club to make sure that it can complete at the highest degree of English and also European football.

That temper was stimulated over again last month when Arsenal was just one of 12 European clubs that registered to a breakaway European Super League, a strategy which fell down after simply 2 days adhering to reaction from followers and also political leaders.

Arsenal was just one of 6 English clubs, likewise consisting of Chelsea, Liverpool, Manchester United, Manchester City and also Tottenham Hotspur, that quickly retreated from the Super League after objection from their fans. 

The breakaway competitors was criticised for efficiently being a shut organization with long-term placements for its creators, making it harder for opponents to get into their rankings. Within days of the statement on April 18, Ek explained his love for the club and also exposed his passion in getting it from the Kroenkes.

The UK federal government struck out at the breakaway organization and also ultimately established an evaluation of football administration that will certainly take into consideration whether an independent regulatory authority is needed for the sporting activity. Ek claimed his deal consisted of “fan ownership, representation at the board and a golden share for the supporters”.

Tim Payton, a board participant at the Arsenal Supporters’ Trust contacted Josh Kroenke to clarify why the quote was declined.

“The direction that English football is going in, with a greater desire for fan involvement from the government to the Premier League to supporters, is not compatible with the KSE model,” he claimed. “If they can’t adapt to this it would be best if they left English football.”