bluemanc said:
But there are no guarantees that it is good news for Arsenal fans. For despite Kroenke's appearance at No117 on the Forbes rich list, no one can know for sure what he is worth nor indeed how indebted he is. Kroenke's sports holding company, Kroenke Sports Enterprises, is based in Delaware where there is no regulatory requirement to file annual accounts. And he has not volunteered them. Likewise his real estate company, THF Realty, based in St Louis, Missouri. There is no way of substantiating its claims of having grown into a $2bn (£1.3bn) concern since he set it up in 1991 as again no paperwork is available for public scrutiny.
Search from Colorado to Missouri to Delaware, where his business interests are registered and Silent Stan's disclosures are nowhere to be seen. So itis impossible to tell how much debt, if any, the billionaire has built up. Kroenke's defenders – and he has quite a few – point out he operates in the highly regulated market of US sports, where everything from accounts to FBI checks must be declared to the authorities. But that is no catch-all: so do Tom Hicks and George Gillett, and they are winning no popularity contests at Anfield.
That was 2yrs ago.
It's a debt leveraged takeover by the looks of it,PMSL. EEEEEEEEKKKKK
Kroenke has no history of loading debt onto his sports teams.
Also, he has never attempted a hostile takeover of the club. This is most likely happening because the board have decided it is for the best.
SwissRamble suggests that the board have planned for this, hence Gazidis' and our commercial officer's appointments from MLS, and their invitation to Kroenke to join the board. This eventuality has been planned for, and is now occuring because the time is right.
I am confident that the board know what they are doing and the club is in safe hands.