Spotify co-founder, Daniel Ek set to increase bid to buy club from Stan Kroenke to £2bn

Stan Kroenke’s position remains unchanged. He and his son Josh released a statement at the end of April saying they remain “100 per cent committed to Arsenal and are not selling any stake in the club”.

“Our ambition for Arsenal remains to compete to win the biggest trophies in the game and our focus remains on improving our competitiveness on the pitch to achieve this,” the statement read.

The billionaire said he would make a “very compelling offer” to the Kroenkes in order for them to sell the club after fans protested outside the Emirates Stadium in April following Arsenal’s decision to join a European Super League and called for the club’s current ownership to resign.