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Stan Kroenke Now Owns a True Football Team -- Arsenal of British Premier League

Categories: Bidness, Sports
kroenke.jpg
Stan Kroenke's fabulous life just got fabulouser.
Stan Kroenke, owner of the St. Louis Rams, is now the majority owner of a legitimate football squad. You know, the variation of the sport that -- as its name suggests -- is played with the feet. Yes, here in the U.S. of A. we call that soccer. Why?

Anyhoo, over the weekend the Missouri billionaire upped his stake in Arsenal of the British Premier League to 63 percent. Kroenke (who also owns solely -- or with his family -- the Denver Nuggets of the NBA, Colorado Avalanche of the NHL, and Colorado Rapids of the MLS) had owned 30 percent of the Arsenal football club. He's now purchased the shares of two other investors for 230 million pounds (roughly $368 million), increasing his position from a minority investor to the majority owner of the club.

Given the backlash when other non-Brits have purchased English football franchises, the reaction over Arsenal is surprisingly positive.

Commenters on Arsenal fan sites generally support the Kroenke's purchase. And even the spokesman for the Arsenal Supporters Trust has given Kroenke his blessing.

Word is that Kroenke is now negotiating to send Sam Bradford and Steven Jackson to Arsenal in exchange for the Rams picking up a pair of strikers in return.


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5 comments
Handsome Jimmy
Handsome Jimmy

Well...there goes our Ram's off-season shopping cash. Donny Avery just breathed a sigh of relief.

Jdub
Jdub

Can we hope that the Rams score more often than Arsenal?

Anonymous Hominid
Anonymous Hominid

We are only following the lead of the creators of the sport ....

http://en.wikipedia.org/wiki/N...

"In many of these countries, the term "soccer" is also widely used. For example, several official publications of the English Football Association have the word "soccer" in the title.[4] Simon Kuper and Stefan Szymanski write that soccer was the most common name for the game in Britain from the 1890s until the 1970s, and suggest that the decline of the word soccer in the UK, and the incorrect perception that it is an Americanism, were linked to awareness of the North American Soccer League in the 1970s."

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