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Kroenke won't rule out Arsenal takeover

Arsenal shareholder Stan Kroenke is keen to stand side-by-side with the current Gunners board but has not ruled out one day owning the club outright.

American businessman Kroenke, who has acquired a 12.2 percent stake in the club, was linked with a takeover when he first acquired a stake in the club.

The Gunners board recently announced an extension of the 'lock-down' agreement by directors on the sale of shares in the club.

The move appears to rule out the possibility of a takeover bid in the immediate future at least.

Kroenke, who has interests in ice hockey, American football, basketball and soccer in the States, has said he would support the lock-down agreement.

"I certainly would. I don't have any problem with that," he told Sky Sports News.

Asked about his desire to potentially own the club, he said: "There are lots of owners in Arsenal so we'd have to see how that worked.

"It is a partnership at this point.

"Everything we are talking about, everybody has a tendency to want to speed up. Actually these things take a lot of time, a lot of effort and many years to develop. So we tend to look in the long-term.

"I think if you are an investor in a sports team and you don't look long-term, you're probably not a good investor."

Kroenke indicated he may be interested in securing a place on the board but admitted the decision is not his to make.

"We'll see, it's their board. They would have to invite me.

"This is a strategic investment for us. We are involved in sports in America, in the NBA, NHL, the NFL and Major League Soccer."

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