Arsenal board member Stan Kroenke has continued to buy up shares in the club.

The Guardian says Kroenke has continued to invest in Arsenal shares, picking up £100,000 worth on December 23. The stake pushes his holding in the club to 12.4%. Kroenke was appointed as a non-executive director last October, and his purchase could indicate a renewed desire to take over the club.

A further eight shares changed hands in a single transaction yesterday, and if the buyer was Kroenke a declaration to the stock market will be due today or tomorrow.