Spotify founder ‘very serious’ about buying his favorite club, Arsenal, says he got funding

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Spotify founder and CEO Daniel Ek told CNBC on Wednesday he is “very serious” about wanting to buy Arsenal, despite current ownership promising it. don’t want to sell the English football club.

Ek first floated his interest in buying the team on Twitter after plans to create an elite, breakaway football league in Europe collapsed last week following widespread backlash from fans, government figures, former players and other sports observers.

Arsenal was one of the founding clubs behind the short-lived effort known as the European Super League. Arsenal eventually apologized to supporters for their participation, saying: in a statement that ‘it was never our intention to cause such suffering’.

“I want to make a very attractive offer to the owners, and I hope they listen to me,” Ek said on CNBC’s “Squawk on the Street.” “I’m very serious. I got the money for it,” he added.

However, Arsenal owner Stan Kroenke said in a joint statement with his son and club director Josh on Tuesday that they have no intention of selling. The statement acknowledged recent “media speculation about a possible takeover bid for Arsenal Football Club”.

“We remain 100% committed to Arsenal and are not selling any stake in the club,” the statement read. according to the Associated Press. “We have not received an offer and we will not accept any offer.”

Billionaire Kroenke, who also owns the NFL’s Los Angeles Rams, took full control of Arsenal in 2018 in a deal that valued the team at $2.3 billion, according to The New York Times. Arsenal currently play at the highest level in the English Premier League.

Ek, whose bid for the north London-based club is reportedly… include some former players such as Thierry Henry, said his interest is rooted in his longstanding support for the Gunners, who last won the Premier League title in the season 2003-04.

“I’ve been an Arsenal fan since I was 8 years old,” said Ek, a 38-year-old Swedish billionaire who founded Spotify in 2006. “Arsenal is my team. I love the history. I love the players and, of course, I love the fans, so when I look at that I see a great opportunity to set a real vision for the club , to bring it back to its glory.”

Pressured by CNBC’s David Faber over Kroenke’s lack of interest in a deal, Ek said: “I certainly didn’t expect this to happen overnight. I’m prepared this could be a long journey.”

“All I can do is prepare what I think is a very thoughtful offer and bring it to them and hope they listen to me,” Ek added. “I want the club to do better. That is my primary interest,” he said.

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