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Arsenal in £1.5bn takeover bid?

Arsenal in £1.5bn takeover bid?
© PA Photos
A consortium made up of investors from Qatar and the United Arab Emirates are reportedly lining up a £1.5bn takeover bid for Arsenal.

Arsenal are reportedly being lined up for a £1.5bn takeover.

According to The Sun, a consortium made up of investors from Qatar and the United Arab Emirates having been working on a deal to put forward to the Gunners' majority shareholder Stan Kroenke.

It is believed that the deal could gather momentum over the next few weeks, as the consortium have been working on the proposal for the past four months.

The investors will offer Kroenke £20,000 per share for 66.64% of his
stake in the North London outfit.

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Paul Gorst
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Arsenal manager Arsene Wenger on the touchline in the match against Swansea City on December 1, 2012
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2Chelsea1594235181731
3Arsenal1585229151429
4Manchester CityMan City158342721627
5Nottingham ForestNott'm Forest157441918125
6Aston Villa157442323025
7Brighton & Hove AlbionBrighton156632522324
8Bournemouth157352320324
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10Fulham156542220223
11Tottenham HotspurSpurs1562731191220
12Newcastle UnitedNewcastle155551921-220
13Manchester UnitedMan Utd155461918119
14West Ham UnitedWest Ham155372028-818
15Everton143561421-714
16Leicester CityLeicester153572130-914
17Crystal Palace152761420-613
18Ipswich TownIpswich151681427-139
19Wolverhampton WanderersWolves1523102338-159
20Southampton1512121131-205


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