Barclays English Premier League

Gunners in dark over takeover

Arsenal have had no contact over a potential takeover, sources told the Press Association on Sunday, amid reports of a looming record bid by a Gulf consortium.
Reports in British newspapers suggested that an investment group backed by funds from Qatar and the United Arab Emirates were preparing a £1.5 billion ($2.25 billion, 1.75 billion euro) bid for the English Premier League club.
However, sources close to the Gunners' board told Britain's PA domestic news agency that there had been no approach -- informal or otherwise -- to the US owner Stan Kroenke, who has no intention of selling his controlling stake and remains "in it for the long term".
Kroenke pushed through his £430 million-plus takeover in April 2011, and now holds 66.83 percent of the club, giving him overall control.

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