American billionaire Stan Kroenke makes $777m offer for 100% ownership of Arsenal

( CNN) The merger clash for English Premier League side Arsenal between American and Russian billionaires could be about to end.

On Tuesday, Arsenal majority shareholder Stan Kroenke made a $777 million( PS600m) offer to usurp full domination of the English Premier League squad, which would take its cost to $2.33 billion( PS1. 8 billion ).
Kroenke, which is now owns 67% of the sorority through his corporation KSE, has put forward a proposal to buy the remainder of the club’s shares — 30% of which are owned by Russian billionaire Alisher Usmanov and his companionship Red and White Protection. The consider was published on the London Stock Exchange Tuesday.

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