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.
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.
Arsenal said majority owner Stan Kroenke is committed to the 13-time English soccer champion for the long term and wouldn’t consider a sale following newspaper reports that a Gulf-based group may make an offer for the club.
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.
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.