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Football London
Football London
Sport
Tom Coley

Man United share price plummets amid takeover fears and what it means for Arsenal's Stan Kroenke

Arsenal could be set to benefit from the patience of Stan Kroenke in more ways than one as the season comes into its final straight. The Gunners are not only top of the league and in with a shout of Europa League progression, their young squad and characteristic manager has made them a true force in England.

It's easy to forget that just over one year ago they were in turmoil though with protests against their American businessmen owners and cries for Mikel Arteta to be sacked. Twelve months on and things are very different.

This is no new story by now but what has changed is a major financial advantage of the club's long-term planning. Whereas the Kroenkes came under pressure to sell the club and make big changes they stuck by their guns and have helped to transfer form Arsenal.

READ MORE: Gabriel Jesus decision as Mikel Arteta can hand recalls to Arsenal stars against Everton

Elsewhere in the Premier League and Manchester United are in a different boat. The Glazers have made their intentions of finding new shareholders and investors public but no bidding war has started yet. Only two bids have been made public and there is scepticism over the price of the Red Devils.

It is debatable that this is the most attractive United have looked for over ten years. Having just won the Carabao Cup and with a highly-rated manager in the dugout, the Glazers remain unpopular with large swathes of the fanbase as protests for them to leave and sell the club continue.

That is far from easy given the circumstances and the immediate value of Manchester United plc on the American stock market has plummeted despite their win on Sunday. Only last week share prices were at $25 (£20.78) and now they have dropped to $19.97 (£16.60).

It is a massive drop off that has happened suddenly on Monday, falling by ove 12% as questions are raised as to whether or not the Tampa Bay Bucaneers owners will sell or not. The uncertainty has seen the market value of the club drop by $1.2bn (£1bn) in just one week.

With United offering a potential title race to Arsenal as well as having similar ambitions in the transfer market it is a situation that Arsenal and Kroenke - as well as Chelsea owners Todd Boehly and Clearlake Capital - will be watching with interest.

United, if their ownership uncertainty continues, could struggle to attract players and seal new contracts with existing talent meaning ten Hag's men could struggle to build on progress made this season.

And if the share price continues to fall, then a takeover could be in the offing sooner as the club's market value drops. It is a complex chain of events that will have the Premier League on alert.

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