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Sports

Super League fallout: Twitter users urge African billionaire, Dangote to take over Arsenal

Twitter users have mounted pressure on Dangote to speed up the process to acquire English Premiership football club, Arsenal FC.

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Super League Fall Out: Twitter Users Urge African Billionaire, Dangote to take over Arsenal

The European Super League Initiative advanced by a few football executives met stiff resistance from passionate football fans around the world.

The Initiative was previously backed by Arsenal, Manchester United, Manchester City, Chelsea, Liverpool, Tottenham Hotspur, Real Madrid, Barcelona, Atletico Madrid, Juventus, AC Milan, and Inter Milan. Six English clubs withdrew on Tuesday. Inter Milan and Atletico Madrid followed suit and AC Milan has said they would as well.

The drama stirred up by this recent development has led football fans to review the ownership of their clubs. Arsenal, which was one of the initial supporters of the initiative has witnessed the most reactions from the fans.

Kroenke vs Arsenal fans

Stan Kroenke has remained unpopular amongst arsenal fans for a long while. Their reasons boil down to two things:
1. Poor investment in the Club’s first team
2. The recent European Super League attempt.

Arsenal fans have taken to Twitter to voice out their disapproval and discontentment with the club’s owner Stan Kroenke. The latest European Super League attempt seems to be the last straw for the angry fans.

Kroenke out, Dangote in

The pulling out of the six English teams from the now ill-fated European Super League has led to some executives resigning from their clubs. Manchester United’s Ed Woodward resigned from his position, Andrea Agnelli is understood to have also left Juventus following his role as Head of the European Club Association.

This announcement renewed resignation calls by Arsenal fans who desperately want the current owner of the club out by all means. The fans reverted to an old Bloomberg interview where Nigeria’s richest man, Alhaji Dangote confirmed his interest in buying the London club.

They begged the business magnate to make his move now as this is the perfect time to buy the club from Stan Kroenke. Alhaji Dangote is $3.3bn richer than Mr Stanley Kroenke by Forbes Statistics.

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The #Dangote trended on both London and Nigeria twitter space this morning.

What you should know

  • Enos Stanley Kroenke is an American billionaire businessman. He is the owner of Kroenke Sports & Entertainment, which is the holding company of English football club Arsenal F.C. He is worth 8.2bn according to Forbes.
  • Stanley Kroenke believed that the European Super League initiative will make Arsenal the biggest club in the world.
  • Liverpool owner, John W. Henry has issued an apology to Liverpool fans worldwide on the European Super League attempt. Other clubs have also put out apology and withdrawal statements.

I Am A Business Analyst And Digital Media Enthusiast Covering Wealth And Business Leaders. Follow Me On Twitter

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Sports

Jose Mourinho announced as Roma’s new head coach

Top Italian football club, AS Roma, has appointed Jose Mourinho as its new head coach for 2021/2022 season.

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Jose Mourinho announced as Roma's new head coach

Former Tottenham Hotspur manager, Jose Mourinho has reached an agreement with AS Roma to become the club’s Head Coach for the 2021/22 campaign.

The Portuguese manager who was sacked in April after just seven months in charge due to Tottenham Hotspur’s poor performance has agreed to a three-year contract with AS Roma which will run till June 2024.

In the early hours of today, AS Roma announced that their current manager, Paulo Fonseca, would leave the club at the end of the current season. Hours later, they announced their agreement with Mourinho.

What Jose Mourinho said about the new appointment

“Thank you to the Friedkin family for choosing me to lead this great club and to be part of their vision,” Mourinho said.

“After meetings with the ownership and Tiago Pinto, I immediately understood the full extent of their ambitions for AS Roma. It is the same ambition and drive that has always motivated me and together we want to build a winning project over the upcoming years.

The incredible passion of the Roma fans convinced me to accept the job and I cannot wait to start next season.

In the meantime, I wish Paulo Fonseca all the best and I hope the media appreciate that I will only speak further in due course. Daje Roma!” he added.

This is Jose Mourinho’s second spell in Serie A after his famous two seasons spent in Inter.

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What Roma bosses are saying about Mourinho’s appointment

In welcoming the Portuguese coach to the team, club president Dan Friedkin and vice-president Ryan Friedkin said:

“We are thrilled and delighted to welcome José Mourinho into the AS Roma family.

A great champion who has won trophies at every level, José will provide tremendous leadership and experience to our ambitious project. 

The appointment of José is a huge step in building a long-term and consistent winning culture throughout the club.”

Tiago Pinto, Roma’s General Manager (Football) also pitched in, saying:

“When José became available, we immediately jumped at the chance to speak with one of the greatest managers of all time. We were blown away by José’s desire to win and his passion for the game: no matter how many trophies he has won, his primary focus is always on the next one. He possesses the knowledge, experience and leadership to compete at all levels.

We know that in order to build a successful sporting project it takes time, patience and the right people in the right positions. We are supremely confident that José will be the perfect coach for our project, for both our immediate and long-term future.

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Together with the vision and ambition of Dan and Ryan Friedkin, we will build the foundations of a new AS Roma.”

In case you missed it

Jose Mourinho was sacked 17 months into a three-and-a-half-year contract, after which he got a £16m compensation fee for being relieved of his managerial duties early in his contract.

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Sports

Spotify CEO, Daniel Ek insists he is ‘very serious’ about Arsenal takeover bid

According to reports, Daniel Ek is expected to submit his first bid which is in the region of £1.8billion in the next few days.

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Following Stan Kroenke’s role in failed breakaway Super League, there has been outrage and protests with fans calling for his exit from the club’s ownership.

At Arsenal’s last Premier League match against Everton on Friday, thousands of fans protested outside the Emirates Stadium brandishing placards that read #KreonkeOut. Social media was also awash with protesting fans.

Daniel Ek, CEO of Spotify, the Swedish audio streaming and media services provider, has expressed his interest in buying the London giants on his Twitter account saying he would be happy to throw his hat in the ring if the club owner would like to sell.

READ: Abigail Johnson is the world’s richest in finance, manages a $5 trillion investment company

“As a kid growing up, I’ve cheered for @Arsenal as long as I can remember. If KSE would like to sell Arsenal I’d be happy to throw my hat in the ring,” his account read.

Daniel Ek is a Swedish billionaire entrepreneur and technologist. He doubles as the Co-Founder and CEO of audio streaming service, Spotify. The company has more than 180 million users and boasts of more than 87 million paying subscribers. According to Forbes, his real-time net worth is $4.3billion.

However, on Tuesday, Stan Kroenke through his Kroenke Sports and Entertainment (KSE), said in a statement that he doesn’t have any intention of selling.

READ: There are only 15 black billionaires in the world, here are the top 10

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“In recent days we have noted media speculation regarding a potential takeover bid for Arsenal Football Club. We remain 100 percent committed to Arsenal and are not selling any stake in the club. We have not received any offer and we will not entertain any offer,” read the KSE statement.

In 2007, Stan Kroenke bought a 9.9% stake in Arsenal. Slowly, he built up his shares until it shot to 62.89% in 2011. Then, in 2018, he assumed full control of the club after Russian Alisher Usmanov, who has a net worth of $18.4 billion accepted his bid of £550million to buy him out.

READ: Football fans cashing out with Crypto as Juventus’ fan token rises by 596.98%

Ek’s ambition to buy Arsenal FC

According to reports, Daniel Ek is expected to submit his first bid which is in the region of £1.8billion in the next few days. He has also enlisted the support of club legends Thierry Henry, Dennis Bergkamp and Patrick Vieira.

In an interview with CNBC, he said he has secured the funds to complete the takeover.

“I’ve been an Arsenal fan since I was eight years old. Arsenal is my team. I love the history. I love the players. And of course, I love the fans,” he said.

“So as I look at that, I just see a tremendous opportunity to set a real vision for the club to bring it back to its glory. And I want to establish trust with fans and I want to engage the fans again.

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So, to answer your question, I’m very serious. You know, I have secured the funds for it and I want to bring what I think is a very compelling offer to the owners and I hope they hear me out.

READ: Jeff Bezos now worth over $200 billion

I’ve been a fan for 30 years of this club and I certainly didn’t expect that this would happen overnight and I’m prepared that this could be a long journey. But all I can do is prepare what I think is a very thoughtful offer and bring it to them and hope they hear me out.

I’m just focused on the club, I focus on the fans and I focus on trying to bring the club back to glory and as you said, I’m first and foremost a fan. That’s the most important thing for me and I want the club to do better – that’s my primary interest,” he added.

What Arsenal’s legendary coach, Arsene Wenger thinks about Ek’s ambition

In an interview, Arsene Wenger faulted the Swedish billionaire, Daniel Ek, for expressing his interest to buy the club saying he now has ‘a mountain to climb.’

He said, “For the project, the best deals are made when nobody knew about it and you come out and it is done.”

“Once you announce things, you have a mountain to climb after. Nobody wants to give in and I think it is better always if you do your deal, then when it is done you come out and tell people what you want,” he added.

Can Ek fund the move?

“His wealth actually has been misreported in recent days. I mean the exact detail is that he owns 8 per cent of Spotify and currently Spotify shares have actually fallen by 10 per cent on the New York Stock Exchange (NYSE) this afternoon.

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The company is currently valued at around $50bn, so he owns 8 per cent of $50bn – around $4bn to be precise. Now we don’t know whether he has got liquid funds in addition to that,” Sky News Business Presenter, Ian King said.

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