3 March 2013

Middle East consortium to bid £1.5bn for Arsenal

The world’s biggest ever bid for a football club, dwarfing the £800 million paid by the Glazers for Manchester United, will be backed by funds from Qatar and the United Arab Emirates. The group does not want its identity made public yet but a bid source told Telegraph Sport the intention is to buy out Arsenal’s American owner, Stan Kroenke, whose perceived weak stewardship of the club has also been called into question by frustrated supporter groups.

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