“And I certainly didn’t expect that this would happen overnight, and I’m prepared that this could be a long journey. “I have been a fan for 30 years of this club,” Ek said. (CNBC anchors did not ask Ek about the players’ support in the Wednesday interview.)Īnd at least for now, he seems undaunted by the Kroenke’s public statements.
And the company has deep pockets: Kroenke himself is a billionaire who is married to Walmart heiress Ann Walton Kroenke.īut Ek is leveraging the support of a group of former Arsenal players - including Thierry Henry, Patrick Vieira and Dennis Bergkamp - to try to stoke fan support for his potential bid, according to British media reports. KSE controls an arena and three stadiums - including the new SoFi Stadium in Los Angeles and Arsenal’s Emirates Stadium in London - and seven sports franchises, most prominently Arsenal, the Los Angeles Rams of the NFL, the Denver Nuggets of the NBA and the Colorado Avalanche of the NHL. (Spotify did not respond to questions from Billboard on Wednesday about Ek’s bid.)įrom a financial perspective, Kroenke is not under pressure to sell Arsenal. Analysts attributed the drop mainly to a slight fall in the company’s forecast for the number of listeners the platform expects to have at the end of 2021. Three of Arsenal’s most famous Invincibles have joined Spotify’s billionaire founder in a £1.
Spotify’s stock price dipped 12.9% on Wednesday (April 28). Spotify Quarterly Revenue Grows 16% as Paid Subscribers Tick Up to 158M
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