Stan Kroenke sitting on £700 MILLION in Arsenal shares.

Arsenal owner Stan Kroenke would walk away with £300 MILLION should he sell up.

The Daily Mail says the last Arsenal transaction on the NEX Exchange on March 27 saw a single share in the club trade for an unprecedented £17,750 — putting the club's market capitalisation at £1.073bn.
That means Kroenke is sitting on a paper fortune of £700million from his 67 per cent stake on the back of Arsene Wenger's consistent management, which fans are clamouring to end.
If Kroenke sold at this record price, he would make a £300m profit. No wonder he is in no rush to disrupt Wenger's regime, even after the 3-0 horror show at Crystal Palace.
Silent Stan can also put his Arsenal shareholding up as a guarantee if he leverages money for the new stadium being built in Los Angeles for his relocated American football franchise LA Rams.
All creditS: TRIBALFOOTBAL
Stan Kroenke sitting on £700 MILLION in Arsenal shares. Stan Kroenke sitting on £700 MILLION in Arsenal shares. Reviewed by Unknown on April 13, 2017 Rating: 5

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