Arsenal's Aaron Ramsey (2nd R) celebrates after scoring their winning goal during the English FA Cup final against Chelsea at Wembley stadium last weekend. Stan Kroenke, Arsenal’s major shareholder, has reportedly been offered US$1.3 billion for his gradually acquired 67 per cent stake in Arsenal by the Uzbeck-Russian tycoon Alisher Usmanov. In the unlikely event that he were to accept, Kroenke would have more than doubled his investment. Photo: AFP
Stephen Vines
Opinion

Opinion

The View by Stephen Vines

Football investment: vanity, ego and sheer fandom, or hard-headed business?

There will always be another hapless individual willing to give ownership a go, but bear in mind no one has ever sold a major franchise for less than they paid

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Arsenal's Aaron Ramsey (2nd R) celebrates after scoring their winning goal during the English FA Cup final against Chelsea at Wembley stadium last weekend. Stan Kroenke, Arsenal’s major shareholder, has reportedly been offered US$1.3 billion for his gradually acquired 67 per cent stake in Arsenal by the Uzbeck-Russian tycoon Alisher Usmanov. In the unlikely event that he were to accept, Kroenke would have more than doubled his investment. Photo: AFP
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