Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Football London
Football London
Sport
Jamie Kemble

Who is Daniel Ek? The Spotify founder who has declared an interest in buying Arsenal

Arsenal already have a potential buyer amid protests over Stan Kroenke's position at the club.

Stan Kroenke has rarely been popular figures at the Emirates Stadium, but they have reached a new low with supporters since they decided to make Arsenal one of the founding members of The Super League.

The decision caused outrage from supports, leading to the Gunners pledging to back out, but on the back of the incident, there are fresh calls for the Kroenke's to walk away with a protest taking place on Friday nigh t.

And during that protest, entrepreneur Daniel Ek tweeted: "As a kid growing up, I’ve cheered for @Arsenal as long as I can remember. If KSE would like to sell Arsenal I'd be happy to throw my hat in the ring."

With that in mind, we have put together a profile of Ek.

Who is Ek?

Ek is a 38-year-old Swedish billionaire entrepreneur who made his big business breakthrough with music streaming platform Spotify, founding the company along with Martin Lorentzon.

He currently serves as the CEO of Spotify and as fans will have seen, he is an Arsenal fan.

His career so far

He co-founded Spotify after starting his career making websites for business clients before working in a senior role with Nordic auction company Tradera which was acquired by eBay in 2006.

Spotify was Ek's big break and it's fair to say he's done pretty well.

By 2017, the company had raised $2.5 billion in venture capital and today has more than 345million users.

Spotify is now worth $67bn or £48.2billion.

What is Ek worth?

The latest estimates suggest Ek is worth a whopping $4.4billion (£3.17million).

He owns around 18.2% of Spotify and is the majority shareholder.

Ek's net worth is only around half of Stan Kroenke's, but it's still enough to purchase Arsenal, which was bought for £550million with Kroenke first buying shares in 2007 before his appointment to the board a year later. He upped his shares to become the majority shareholder in 2011.

The problem is that Arsenal's value has significantly grown since, and it's important to keep in mind thatEk's net worth does not account for available cash.

Though, like Kronke, the the club can be bought with loans, or indeed as part of a group of funders.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.