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News US sports mogul Kroenke bids to buy Arsenal

Arsenal majority shareholder Stan Kroenke on Tuesday announced an offer to buy the entire British football club, valuing it at £1.8 billion ($2.3 billion, 2 billion euros).

The American sports mogul, who already owns 67 percent of Arsenal through his company KSE, has reached a deal with Russian billionaire Alisher Usmanov for the sale of his 30 percent stake, according to a statement to the Lon

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