Arsene Wenger insists Arsenal takeover will not affect control of team
Arsenal manager Arsene Wenger insists he will remain very much in charge of team affairs regardless of Stan Kroenke's multi-million takeover at Emirates Stadium.
The American tycoon, who has a proven track record of successful sports ownership in the United States, is set to take a controlling 62.89% stake in the Barclays Premier League club having agreed to buy out the holdings of the late Danny Fiszman and Lady Nina Bracewell-Smith for around £234million.
Kroenke Sports Enterprises are now obliged to make a cash offer for the remaining capital at £11,750 per share, valuing the Gunners' parent company at around £731million.
However, that process is by no means yet guaranteed, with Red & White Holdings - backed by Usbek oligarch Alisher Usmanov - stating they have no intention of selling a 27% stake, while the Arsenal Supporters Trust have stressed all of their minority shareholders will not sell.
The deal is now subject to the strict rules of the Takeover Panel, and as such Arsenal are limited as to any public comments made.
However, when pressed at today's press conference ahead of the clash against Liverpool, Wenger maintained changes behind the scenes would have no impact on the way his team is managed.
"We will continue to run the club with the technical department having the decision on what is technical," said the Gunners boss, who had long talks with Kroenke at yesterday's board meeting.
"For all the rest I have to answer to Stan Kroenke and I am ready for any questions, but I run the technical department."
Wenger continued: "On the football side of things we will continue to focus on the football the way we want to play it to develop our players.
"We have a squad which is about 23 years of age who are in a strong position in the league.
"We have a certain philosophy of football and we will continue to develop that and to play even better.
"We will continue to run the club like it has been done until now - that means live within our resources, produce our own resources and develop our football team."
Arsenal host Liverpool looking to claw back the seven-point deficit on leaders Manchester United, who take a break from league action this weekend when they face rivals City in the FA Cup semi-final at Wembley.
With the Gunners set to play their game in hand against north-London neighbours Tottenham on Wednesday night, Wenger knows there can be no more margin for error if his team are to stay in contention ahead of the showdown with United at Emirates Stadium on May 1.
However, the Arsenal manager stressed there can be no talk of one bad result now effectively ending their title bid.
"We don't approach a game in that mental state, we think it is an opportunity we want to take," Wenger said.
"It is one of the games that can get us to the target that we want so we look at it in a positive way."
Wenger added: "Liverpool have a good offensive force with [Andy] Carroll and [Luiz] Suarez, we are as well an offensive team so it promises to be an interesting game."
Latest in Sport
The Premier League is about earning the right to play on the counter-attack - Danny Higginbotham
John Stones to Chelsea: Next season's bumper TV deal means clubs such as Everton can say 'no'
Tottenham vs Everton live: Latest score reaction to Chelsea vs Crystal Palace, Liverpool vs West Ham and Arsenal vs Newcastle
Kevin De Bruyne: Why do Manchester City put such a high value on a player Chelsea rejected?
Paul Pogba to Chelsea: Blues will have to pay £72m for Juventus midfielder and top Eden Hazard's wages with £300,000-a-week offer
- 1 The difference between a migrant and refugee, in one sentence
- 2 Miley Cyrus calls out hypocrisy of women’s nipples being taboo
- 3 Celebrity Big Brother 2015: Tila Tequila kicked off show after 'describing Hitler as a good man'
- 4 iPhone 5c to be discontinued, no iPhone 6c to replace it
- 5 Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
Stock up on canned food for stock market crash, warns former Gordon Brown adviser
Labour leadership: Jeremy Corbyn voters most likely to believe 'world is controlled by a secretive elite'