I mean the exact detail is that he owns 8 per cent of Spotify and currently Spotify shares have actually fallen by 10 per cent on the New York Stock Exchange (NYSE) this afternoon. "His wealth actually has been misreported in recent days. "There are a lot of questions that are raised from the interview that he has given to CNBC, one of which will be he says he has got the funding, where has he got it from and if successful, on what assets would the funding be secured? Would they, for example, be secured on his shareholding on Spotify? He is not going to try and rush his fences in that sense. The thing I took away, is that he said look 'I am not expecting this to be something that is sorted out overnight'. He did answer all the questions that they put to him on Arsenal. "I think he was pretty measured, to be honest with you. Sky News business presenter Ian King tells Sky Sports News: Sky Business Presenter Ian King explains how Spotify co-founder and CEO Daniel Ek could fund an Arsenal takeover bid. He has got the legends on board, and these fans who are unhappy with the Kroenkes now have somebody they can rally behind." How could Ek fund Arsenal takeover bid? We know now he is close to Thierry Henry, Dennis Bergkamp and Patrick Vieira. We know he is a real fan, he has been a fan for 30 years. But now he is always going to be in the background. He is expecting his offer to be rebuffed, he is expecting the Kroenke's to say to him the club is not for sale. Long-term, what I think is interesting, is that he himself said he is prepared for a long journey. "If he can tempt the Kroenkes to sell, then he is ready to move in and buy Arsenal. But in business, as our colleagues at CNBC pointed out, everything has a price. That is not a surprise, of course no one is going to come out and say their Premier League club, which is worth billions of pounds, is for sale.
He already knows that the Kroenkes have said Arsenal is not for sale. "He describes it as a very compelling, thoughtful offer and he is saying to the Kroenkes, 'please listen to me, I am going to make this offer in the next few days, it is going to be put in front of you and then it is up to you to make up your mind. We know that Arsenal are valued at, at least, £2bn so it would suggest that he has managed to get that kind of finance together to try and push ahead with this proposed deal. Daniel Ek has made it clear that he is very serious about trying to buy Arsenal, he has secured the funds. Well, we have heard from the main man himself now. The cynics were saying there is no way this is going to happen. "The sceptics were saying this was a publicity stunt. Image: Arsenal supporters protested against Stan Kroenke outside the Emirates last Fridayįans unhappy with Kroenkes have somebody 'they can rally behind'Īnalysis from Sky Sports News reporter Kaveh Solhekol:
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