Kroenke scraps plans for full Arsenal takeover
American billionaire Stan Kroenke is not interested in seizing control of Premier League giants Arsenal, according to the club.
Kroenke owns a 12 percent share in the Gunners and is poised to take a seat on the board in the very near future.
It has long been suggested the Missouri-born magnate has been planning to seize control of the north London club ahead of Uzbekistani tycoon Alisher Usmanov, who owns a 24 percent stake through his investment vehicle Red & White Holdings.
But Arsenal chairman Peter Hill-Wood told the