30 years ago I used to work for a Share Registrar and Arsenal Fans would be some of the shareholders I spoke to checking their small shareholdings. These days when it comes to Football Club ownership at the top we're talking $billions and global brands and therefore it becomes easier to forget the fans and season ticket holders when creating a business strategy for a team. There are unfortunately some English Premier League team owners who have already discovered this to their cost. (A few of those teams also play in red). Having a plan to communicate with (and listen to) the fans when there are big changes about to happen to a club is never a bad idea. And also it helps to prevent unfortunate lyrics being sung by the fans about the owners at matches!
On Tuesday, Arsenal majority shareholder Stan Kroenke made a $777 million (£600m) offer to assume full control of the English Premier League club, which would take its value to $2.33 billion (£1.8 billion). Kroenke, who currently owns 67% of the club through his company KSE, has put forward a proposal to buy the remainder of the club's shares -- 30% of which are owned by Russian billionaire Alisher Usmanov and his company Red and White Securities. The deal was published on the London Stock Exchange Tuesday.