LONDON: Arsenal manager Arsene Wenger said the multi-million pound investment of American entrepreneur Stan Kroenke will not be decisive in changing the club’s “basic human values”.
Kroenke, who owns several major sports franchises in the United States, on Thursday completed the purchase of a 9.99% shareholding in Arsenal from ITV, and also secured a 50% stake in Arsenal Broadband Ltd for a combined total of £65mil (US$127mil). Kroenke owns soccer side Colorado Rapids, basketball team Denver Nuggets and ice hockey side Colorado Avalanche.
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