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Spotify founder Daniel Ek refuses to back down from Arsenal takeover

Spotify founder Daniel Ek has reaffirmed his intentions of putting forward a "serious" offer for English Premier League giants Arsenal FC.

Spotify founder Daniel Ek refuses to back down from Arsenal takeover

Following the Gunner's fan's protests on Friday, after the failure of the European Super League, the Swedishman, alongside Arsenal legends Thierry Henry, Dennis Bergkamp and Patrick Viera, formed a bid which could see them buy the club.

It is said that the American owners expect at least £2 billion for the purchase of the club, but after Friday they said that they are “100% committed” to the club and that they “are not selling at any stake.”

Ek’s response to the Americans through CNBC was: “I’m very serious. I have secured the funds for it and I want to bring a very compelling offer to the owners and I hope they hear me out.

“I certainly didn’t expect this will happen overnight and I am prepared for this to be a long journey.

“I’ve been an Arsenal fan since I was eight years old. Arsenal is my team. I love the history. I love the players. And of course, I love the fans.

“So as I look at that, I just see a tremendous opportunity to set a real vision for the club to bring it back to its glory. And I want to establish trust with fans and I want to engage the fans again.”

It might be more difficult than Ek and co thought in order to takeover the London club, as involved in the daily running of the club is Stan Kroenke’s son Josh, who holds the role of a director at Arsenal.

The Kroenke’s got involved in Arsenal back in 2007 when they bought a stake of 9.9 per cent, which increased to 62.89 per cent by April 2011.

In 2018, Alisher Usmanov accepted Kroenke’s bid to buy him out for £550 million, and managed to fully own Arsenal.

Now, the new potential buyers look to bid £1.8 billion in the following days, which the Kroenkes said they “will not entertain.”

Author: Catherine Micallef