American buys stake in Arsenal

Updated: 09 April 2007 15:56 IST

Stan Kroenke, the billionaire owner of the Colorado Avalanche, Denver Nuggets and Colorado Rapids, bought 9.99 percent of Premier League team Arsenal.

American buys stake in Arsenal
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London:

Stan Kroenke, the billionaire owner of the Colorado Avalanche, Denver Nuggets and Colorado Rapids, bought 9.99 per cent of Premier League team Arsenal from British Broadcasting Company.

The move comes just more than a month after Arsenal entered a partnership with Kroenke Sports Enterprises.

Topics : Football Arsenal
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