Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Kroenke Ties Force Dein Out of Arsenal
The Guardian, April 19th, 2007 3:22PM

MOST READ

MOST COMMENTED

The Arsenal takeover situation got a little more interesting on Wednesday after major shareholder David Dein, Arsenal's former vice chairman, vacated the club's board with immediate effect. Dein has been involved with the North London club for 24 years; he's also a prominent figure in European soccer politics, most recently chair of the G-14 group of Europe's major soccer clubs, a position he will now lose. A brief statement from Arsenal chairman Peter Hill-Wood said there were "irreconcilable differences between Mr. Dein and the rest of the board" that "necessitated a parting of the ways." Apparently, Dein didn't resign.

The Guardian claims "there is no question" those differences relate to American businessman Stan Kroenke's recent purchase of an 11.26 percent stake in Arsenal. Hill-Wood on Tuesday made it clear that he's adamantly opposed to a takeover, adding that at least three of the directors, who between them own 44 percent of the club, had "no intention" of selling to Kroenke. However, the agreement not to dispose of their shares lasts for only one year, according to the statement.

Now that Dein has left Arsenal, you can be sure Kroenke Sports Enterprises will be inquiring about Dein's remaining stake in the club. The Guardian believes that Dein had met with Kroenke and was more sympathetic to a potential sale.

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Five Lessons to Prepare for College Soccer    
Ed McLaughlin, the Athletic Director at Virginia Commonwealth who has been involved in college athletics for ...
Cal South TOPSoccer Program Turns 25    
"We're all soccer players, special needs or not," says Sandy Castillo, chair of the Cal South ...
How Neymar Played in Childhood     
Neyrmar: "I used to pick up the ball, set up the furniture and go around dribbling ...
Chivas USA Youth Players Face Murky Future    
Chivas USA, which folded after the 2014 season, had one of the MLS's most ambitious youth ...
Roma Partnering with U.S. Youth Clubs    
Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
LVG: Falcao "Has to Prove Himself"    
Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
Report: Adidas to Assist Messi Move?    
According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
Mourinho Questions Man City's Transfer Policy     
Chelsea coach Jose Mourinho suggested that rival Manchester City is not adhering to UEFA's Financial Fair ...
Toure Admits Man City Future in Doubt     
Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
Ronaldo Blasts 'Defensive' Atleti Tactics    
Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
>> Section 2 Around the Net Archives