It has been an unsettling week for Arsenal fans, with David Dein, the man who brought Wenger to the club, leaving after a disagreement with the board.
Kroenke increased their stake in the club to 11%, and whilst Dein was in favour of this, it appears Peter Hill-Wood, the Arsenal chairman and the fellow directors disagreed.
Hill-Wood has today spoken out about the chance of a takeover. “I don’t know for certain if Kroenke will mount a hostile takeover, but we shall resist it with all our might,” he said. “I am not complacent at all, but we don’t need his money and I’ll tell you why. Everyone talks about our new stadium as a handicap to finance for new players, but the move to the Emirates is well-funded. Everyone thinks it has created a huge deficit but it hasn’t as we have a massive asset on a 25-year fixed-rate loan.”