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03/30/2009 - London, England (Sportsbook Betting Lines) - American business tycoon Stan Kroenke has increased his stake in Arsenal to just over 20 percent after purchasing further shares from fellow director Danny Fiszman.
The Gunners board have acted together to try and prevent a possible takeover of the club by Alisher Usmanov's Red & White Holdings.
Fiszman commented: "I am pleased that Stan Kroenke has made a further substantial commitment to the club by acquiring approximately a third of my holding.
"Stan's long-term commitment to sport in general and football in particular has been well documented.
"I am therefore delighted that he has shown this desire to deepen his ties with Arsenal.
Kroenke himself added: "After having been invited to join the board last year, I am delighted to be able to increase my shareholding in Arsenal.
"I will continue to work closely with my board colleagues to maintain the stable environment in which the club operates and to preserve the self- sustaining business model enjoyed by the club."
(Courtesy of sportbox.tv)
<< Oklahoma cruises past Pitt on way to Elite Eight
Oklahoma City, OK (Sportsbook Betting Lines) - Freshman Whitney Hand poured in a career-
high 22 points to power the top-seeded Oklahoma Sooners over the fourth-seeded
Pittsburgh Panthers, 70-59, in the Sweet 16 round of the NCAA Tournament's
Oklahom
<< Suns' playoff hopes take a hit in loss to lowly Kings
Sacramento, CA (Sportsbook Betting Lines) - Jason Thompson was one of seven Kings in
double figures, logging 21 points and eight rebounds as Sacramento dealt
Phoenix's playoff chances a crushing blow in a 126-118 decision over the Suns.
Spen
<< Williams sisters continue to cruise, Safina ousted in Miami
Miami, FL (Sportsbook Betting Lines) - Sisters Serena and Venus Williams won their
matches in straight sets Sunday and advanced to the fourth round of the $4.5
million Sony Ericsson Open.
Top-ranked Serena topped China's Peng Shuai, the 32n
<< Pair of Hockey East teams highlight 2009 Frozen Four
Washington, DC (Sportsbook Betting Lines) - Boston University and the University of
Vermont, both from Hockey East, highlight the final four schools in the NCAA
men's ice hockey tournament, set for April 9-11 at Verizon Center in
Washing
Petrov nears return for City >>
Manchester, England (Sportsbook Betting Lines) - Long-term injury absentee Martin Petrov
has handed Manchester City a timely boost by returning to training.
The 30-year-old Bulgaria international winger has been sidelined by knee
ligament damag
Hull City chairman seeks Fabregas apology >>
Hull, England (Sportsbook Betting Lines) - Hull City chairman Paul Duffen says he would
draw a line under the club's case against Arsenal's Cesc Fabregas if the
Gunners midfielder issued an apology.
Fabregas is alleged to have spat in the dire
Hangeland dismisses Fulham exit talk >>
London, England (Sportsbook Betting Lines) - Key Fulham defender Brede Hangeland has
again poured cold water on continuing rumors linking him with a move away from
Craven Cottage.
The 27-year-old Norway international has been in outstanding fo
Terry warns England about Shevchenko >>
London, England (Sportsbook Betting Lines) - England captain John Terry has warned his
colleagues not to underestimate the threat posed by former Blues striker
Andriy Shevchenko in Wednesday's World Cup qualifier against Ukraine.
The 32-year-
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