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LONDON: Spotify CEO and founder Daniel Ek (pix) said on Saturday an offer to buy Premier League Arsenal had been rejected by owner Stan Kroenke’s fami.
Spotify Technology SA Chief Executive Officer Daniel Ek said he made a bid for London’s Arsenal Football Club that was rebuffed by American billionaire Stan Kroenke.
“It’s important to correct the record,” Ek said, referring to reports that he hadn’t made an offer. “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,” he said.
“They replied that they don’t need the money,” Ek said, adding that he remains “interested and available should that situation ever change.”
According to Forbes, Arsenal is valued at $2.8 billion, making it the eighth most valuable soccer club in the world. Kroenke, who’s worth $9.7 billion according to the Bloomberg Billionaires Index, owns all of Arsenal after taking it private several years ago in a deal valuing the club at $2.3 billion.
Daniel Ek has revealed his next move as Josh Kroenke responds to Arsenal takeover bid
The Spotify co-founder has already doubled down on his desire to buy the Gunners despite resistance from Stan Kroenke and KSE to not entertain any offers
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Daniel Ek has confirmed his offer to buy Arsenal has been rejected.