Saturday, August 11, 2007

Bernie Ecclestone is interested in buying Arsenal.

Just came across this news, Bernie Ecclestone who as we all know is the Formula One Supremo is interested in buying Arsenal football club. Though five directors who own 45% of the club have signed an agreement to resist any takeover that will run until April, this I think would probably stop a complete takeover but wont stop Bernie Ecclestone buying shares from the other 55% of club shareholders.

American sports magnate Stan Kroenke has also been linked with a possible takeover, having spent £65m for 12.2% stake in the club in the last year.

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