As featured on NewsNow: Football news

Arsenal chief Gazidis: Kroenke not interested in debt

Arsenal chief Ivan Gazidis is confident Stan Kroenke will not take the club into the red.

Kroenke is bidding to take complete control of the club, and some supporters have expressed concerns that he could do so by putting the club into debt.

Gazidis does not think that will happen, though, and said: "The confirmations that Mr Kroenke gave in relation to his offer were, one, that he supports the self-sustainable business model of the club, and secondly that the offer would not be funded by debt against the club or dependent on Arsenal's business.

"Those were two significant commitments and confirmations that he made."

 It's kicking off again! Click here for your No1 source for Arsenal transfer market news and gossip.

Video of the day:

About the author

Tribal Football Staff

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free