Comments on: The Arsenal board should buy out Kroenke http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/ Football News Fri, 10 Feb 2012 21:17:04 +0000 hourly 1 http://wordpress.org/?v= By: Why isn’t the Arsenal board going on the offensive? | Soccerlens - Football News Blog http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-63358 Why isn’t the Arsenal board going on the offensive? | Soccerlens - Football News Blog Thu, 18 Oct 2007 18:15:39 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-63358 [...] Time to go on the offensive? srExecute(); Related Items from Soccerlens [...] [...] Time to go on the offensive? srExecute(); Related Items from Soccerlens [...]

]]> By: iqnadirshah http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60828 iqnadirshah Tue, 25 Sep 2007 17:57:02 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60828 Why should they buy out Kronke? They should buy out Usmanov instead(which will be impossible). Keep both the devils to counter each other.......... Why should they buy out Kronke? They should buy out Usmanov instead(which will be impossible). Keep both the devils to counter each other……….

]]> By: LB http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60786 LB Tue, 25 Sep 2007 10:02:57 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60786 They only need to purchase shares to enable the directors to get to 50%+. Much more affordable and is the only thing required to stop him. They only need to purchase shares to enable the directors to get to 50%+. Much more affordable and is the only thing required to stop him.

]]> By: SpiralArchitect http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60783 SpiralArchitect Tue, 25 Sep 2007 09:20:01 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60783 Its a tough decision to make. Better the devil you know than the devil you don't? Where are the responsible members of the Arsenal gonna get the money to buy him out? Does he want to be bought out? Maybe it'll turn out to be an old school cold war b/w the american & the russky, duking it out for takeover bids. This is a good news/bad news time for the Arsenal board. To be fair i think you're over-exagerrating the 'bulls-eye' theory. It is a valid theory but you are basing it on a logical set of principles that you presume a lot of rich people have. There are a hell of a lot of unknowns at this point & the board has to tread carefully & keep its cards close to its chest. One thing you didn't think about, much less mention, is what happens when this 'lockdown' agreement ends next year & every share is fair game again? I'm sure the 2 billionaires will want to position themselves for the stampede that will result when the gates fly open in that horse race & they won't mind waiting when that time comes. I think the board does have to spend the time until then to convince the smaller shareholders to stay in it for the long haul & try to come to sort of agreement with Kroenke. You are definitely right about that & at least the guy has SOME experience dealing with sports clubs. Its a tough decision to make. Better the devil you know than the devil you don’t? Where are the responsible members of the Arsenal gonna get the money to buy him out? Does he want to be bought out?
Maybe it’ll turn out to be an old school cold war b/w the american & the russky, duking it out for takeover bids. This is a good news/bad news time for the Arsenal board.

To be fair i think you’re over-exagerrating the ‘bulls-eye’ theory. It is a valid theory but you are basing it on a logical set of principles that you presume a lot of rich people have. There are a hell of a lot of unknowns at this point & the board has to tread carefully & keep its cards close to its chest.

One thing you didn’t think about, much less mention, is what happens when this ‘lockdown’ agreement ends next year & every share is fair game again? I’m sure the 2 billionaires will want to position themselves for the stampede that will result when the gates fly open in that horse race & they won’t mind waiting when that time comes.

I think the board does have to spend the time until then to convince the smaller shareholders to stay in it for the long haul & try to come to sort of agreement with Kroenke. You are definitely right about that & at least the guy has SOME experience dealing with sports clubs.

]]> By: JP http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60781 JP Tue, 25 Sep 2007 08:34:07 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60781 RearGunner I think the author was meaning the club itself buy back the shares, this 'lock down' agreement probably isn't worth the paper its written on anyway but irregardless I don't think it would cover the scenario the author is talking about however unlikely I feel the suggestion is. RearGunner I think the author was meaning the club itself buy back the shares, this ‘lock down’ agreement probably isn’t worth the paper its written on anyway but irregardless I don’t think it would cover the scenario the author is talking about however unlikely I feel the suggestion is.

]]> By: RearGunner http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60780 RearGunner Tue, 25 Sep 2007 08:29:45 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60780 The board can't purchase any shares for the time being, as part of that year lock down agreement. Not only did it mean they couldn't sell shares, it also meant they couldn't buy shares. The board can’t purchase any shares for the time being, as part of that year lock down agreement. Not only did it mean they couldn’t sell shares, it also meant they couldn’t buy shares.

]]> By: JP http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60779 JP Tue, 25 Sep 2007 08:26:42 +0000 http://soccerlens.com/the-arsenal-board-should-buy-out-kroenke/3252/#comment-60779 Wouldn't make much difference mate, ok the club buys back Kroenkes shares but its going to cost circa 75m (all our current cash reserves) at the current share price, a price thats inflated anyway and could drastically drop 20% or so easily when the current situation settles. In fact doing this could even play into Usmanovs hands as even after buying back these shares Usmanovs shareholding would increase from 21% to 24% and not only is he closer to the magic 50% mark but in fact it would cost him less to reach that figure and less again to get to the ultimate threshold of 75% that could enable him to wreak havoc with our balance sheet if he desired by placing his own debt on the clubs books. Wouldn’t make much difference mate, ok the club buys back Kroenkes shares but its going to cost circa 75m (all our current cash reserves) at the current share price, a price thats inflated anyway and could drastically drop 20% or so easily when the current situation settles.

In fact doing this could even play into Usmanovs hands as even after buying back these shares Usmanovs shareholding would increase from 21% to 24% and not only is he closer to the magic 50% mark but in fact it would cost him less to reach that figure and less again to get to the ultimate threshold of 75% that could enable him to wreak havoc with our balance sheet if he desired by placing his own debt on the clubs books.

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