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The US businessman, who has owned part of Arsenal since 2007 and is now the majority shareholder, acquired 23 ordinary shares of ?1 each in the company at a price of ?16,000 per share. That effectively means that KSE UK, which is wholly owned by Kroenke, has beneficial interest in, and controls the voting rights over, 41,721 ordinary shares ? equating to 67.06 per cent of the issued ordinary shares in Arsenal. In April 2011 Kroenke triggered a takeover bid for Arsenal when he moved his holding beyond the set mark. His dealings have been conducted through Delaware-based Kroenke Sports Enterprises (KSE). That came about when?he extended his ownership of the club by acquiring the 15.9 per cent interest of Nina Bracewell-Smith, 16.11 per cent interest of Danny Fiszman and other directors of the Arsenal board. Read some other football related stories:- Five things we can learn from Manchester United?s PR own goal
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