Stan Kroenke , the owner of National Football League and the National Basketball Association teams, agreed to boost his stake in Arsenal soccer club to 63 percent, triggering a takeover bid for the English Premier League team.
National Football League owners unanimously approved Stan Kroenke ’s purchase of the St. Louis Rams, the latest addition to the billionaire’s sports stable that includes basketball’s Denver Nuggets, hockey’s Colorado Avalanche and part of soccer’s Arsenal.
Stan Kroenke , the owner of National Football League and the National Basketball Association teams, said he won’t take out debt against Arsenal soccer club to fund his proposed takeover of the English Premier League team.
The mayor of Bridgeview, Illinois, said building a taxpayer-financed arena for the billionaire owner of Major League Soccer’s Chicago Fire would bring hotels and restaurants to his suburb. Instead, the town has more than doubled property taxes and may raise them again to pay more than $200 million in stadium debt.
Arsenal’s controlling shareholder Stan Kroenke said he can’t understand Manchester United supporters’ criticism of the Red Devils’ owners, who’ve led the club as it won four of the last five Premier League titles.
Outdoor Channel Holdings Inc., the owner of a cable channel with hunting and fishing programs, said its board has accepted an increased buyout offer from billionaire Stan Kroenke’s Kroenke Sports & Entertainment LLC.
A company with ties to Stan Kroenke, the billionaire owner of the St. Louis Rams, bought 60 acres (24 hectares) of land in the Los Angeles area, where investors have been trying to lure a National Football League team.