Majority shareholder Stan Kroenke has made an offer to take full ownership of Arsenal in a deal that would value the English Premier League club at 1.8 billion pounds ($2.3 billion)
The U.S.-based Kroenke Sports and Entertainment owns 67 percent of the club and has offered to purchase the 30 percent held by Alisher Usmanov's Red and White Securities firm.
In a statement published Tuesday via the London Stock Exchange, the company said the successful implementation of the offer would bring benefits of a single owner "better able to move quickly in furtherance of the club's strategy and ambitions. KSE is a committed, long-term owner of the club."
"We at KSE are moving forward with this offer leading to 100 percent ownership of the club," Kroenke was quoted as saying. "We appreciate Mr. Usmanov's dedication to the Arsenal Football Club and the storied ethos and history the club represents."
The KSE, which also owns the NFL's Los Angeles Rams, says it has received an "irrevocable undertaking" from Red and White Securities to accept the offer for its 18,695 Arsenal shares as soon as possible.
The statement on the London Stock Exchange said KSE, a Delaware corporation wholly owned by Kroenke, holds 41,743 Arsenal shares. It said Arsenal shareholders under the offer will be entitled to receive 29,419.64 pounds for each share.
Arsenal last won the Premier League in 2004. Arsene Wenger ended his 22 years as manager after a sixth-place finish last season and has been replaced by Unai Emery.
SAN FRANCISCO (AP) — Shai Gilgeous-Alexander had 30 points and seven assists, and the Oklahoma City Thunder dominated the short-handed Golden State Warriors for a 131-94 win Friday night.
Stephen Curry sat out because of a left ankle sprain and backcourt mate Jimmy Butler became ill earlier in the day. Draymond Green rested, while Jonathan Kuminga missed the game with back soreness.
That left Steve Kerr's starting lineup as Brandin Podziemski, Moses Moody, Will Richard, Gui Santos and Quinten Post.
Kerr was optimistic Curry would play Saturday against the Jazz.
Gilgeous-Alexander shot 10 for 20 with three 3-pointers and converted all seven of his free throws for his seventh game in the last nine with 30 or more points — and now three straight. He had 38 points on 13-for-21 shooting with five 3-pointers in the last matchup against the Warriors.
Chet Holmgren contributed 15 points and a season-best 15 rebounds — two off his career high — as Oklahoma City (30-5) won a fourth straight following its first two-game skid of the season.
Richard had 13 points and five rebounds, Al Horford and Moody also scored 13 while Pat Spencer dished out 11 assists against the defending champion Thunder, who had lost their previous two road games but also won 124-112 at Golden State exactly a month earlier on Dec. 2.
Richard's 3-pointer with 7:19 left in the second quarter got Golden State within 38-36 before Oklahoma City answered with a 19-0 run to go ahead 64-45 at halftime.
The Warriors had won two straight, five of six and three in a row at home, where they are in a stretch with 10 of 11 at Chase Center.
Thunder: Visit Phoenix on Sunday.
Warriors: Host Utah on Saturday night to complete a back-to-back.
AP NBA: https://apnews.com/NBA
Golden State Warriors forward Gui Santos (15) is fouled by Oklahoma City Thunder guard Alex Caruso (9) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)
Golden State Warriors guard Brandin Podziemski (2) shoots a 3-point basket during the first half of an NBA basketball game against the Oklahoma City Thunder, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)
Oklahoma City Thunder center Chet Holmgren (7) dunks during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)
Oklahoma City Thunder center Chet Holmgren (7) shoots while defended by Golden State Warriors center Trayce Jackson-Davis (32) during the first half of an NBA basketball game, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)
Oklahoma City Thunder guard Luguentz Dort (5) celebrates after making a 3-point basket during the first half of an NBA basketball game against the Golden State Warriors, Friday, Jan. 2, 2026, in San Francisco. (AP Photo/Godofredo A. Vásquez)
