I’d expect his ownership group to first buy a controlling share, which in this case would be 50.1% or more of Kroenke’s shares because he’s the sole owner, and then buy more over time.īut there’s been a critical piece missing in the discourse about Ek’s interest - for a club to change hands, you need a willing buyer and a willing seller. He likely wouldn’t buy all the Kroenke’s shares either, although that’s just my guess. He’s not going to just fork over a lump sum, cash payment - that’s not how transactions of this size are conducted. Ek is worth around £3B (compared to Stan Kroenke’s £6B) but with partners and financing would likely be able to afford Arsenal, which Forbes has valued slightly north of £2B. The Spotify CEO has reportedly teamed up with Thierry Henry, Dennis Bergkamp, and Patrick Vieira to bolster his bid to takeover the club. Ek is expected to give an interview with CNBC on Wednesday, April 28th to publicly discuss his interest for the first time.

The Swedish billionaire tech entrepreneur said that should the Kroenke’s be interested in selling, he’d be interested in buying the club he’s supported since childhood.

Daniel Ek, Spotify co-founder and CEO, expressed interest in purchasing Arsenal in a tweet a few days ago.

Spotify to buy arsenal