Spotify owner could buy Arsenal this summer

By Raghu
2 Min Read
Spotify owner could buy Arsenal this summer

Spotify owner Daniel EK could buy Arsenal this summer

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Daniel EK, the founder of Spotify, has secured the funds to buy Arsenal and wants to bring a compelling offer to the Kroenke’s.

On Wednesday, Ek, who is estimated to be worth £3.4bn, spoke publicly for the first time in an interview with CNBC.

“I’ve been an Arsenal fan since I was 8 years old,” he said. “Arsenal is my team. I love the history, I love the players and of course I love the fans.

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

“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.”

In 2018, Daniel bought out rival shareholder Alisher Usmanov in a £550 million deal that valued the club at £1.8bn. This made him took control over Arsenal.

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

Around 2,000 fans gathered outside Emirates Stadium last Friday to protest at KSE’s ownership with further demonstrations planned in the coming weeks.