Arsenal insist they're not for sale amid reports of an imminent £1.5 billion offer from a Middle East consortium. The club insist they have received no contact from potential bidders and that Kroenke would have no intention of selling his controlling stake.
"Stan Kroenke is committed to Arsenal for the long term and has no intention of selling his stake," said Mark Gonnella, the club's communications director.
"There has been no contact from any potential investors."
"I don't know anything about it, I heard it like you (in the newspapers)," team manager Arsene Wenger said after the 2-1 north London derby defeat by Tottenham at White Hart Lane.
"You are only vulnerable if you want to sell and you need money. (However), that doesn't concern me at all, that is down to the owners."
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