IFLR1000

Stan Kroenke £602 million bid for Arsenal

7/8/2018
Private acquisition
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£ 600 million

$ 767 million

Announced

7/8/2018

Overview:

  • Stan Kroenke has made a €602 million takeover bid for Alisher Usmanov's 30% stake in Arsenal Football Club.
  • Kroenke currently holds a 67% stake in the club.
  • The deal values Arsenal at £1.9 billion.

Mihail Georgiev - Data analyst

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Sport

Firms:
Clifford Chance

Party: Stan Kroenke (Acquirer)

Lawyer: Katherine Moir

Freshfields Bruckhaus Deringer

Party: Red and White Securities (Seller)

Party: Alisher Usmanov (Seller)

Lawyer: Julian Long

Slaughter and May

Party: Arsenal's independent directors (Target)

Lawyers: Andrew Jolly, Paul Mudie

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