Arsenal rejects £1billion takeover bid

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Time will tell if Arsenal end the season trophy-less and what that in turn means for Wenger and Kroenke's plans moving forward, but for now it's not a happy time at the Emirates as they look back on a really disappointing Premier League campaign.

Kroenke is the club's majority shareholder, effectively making him the owner.

Scroll through the gallery above to see some of the best reactions as Arsenal fans urge Stan Kroenke to sell his shares in the club.

However, according to Sky Sports News, Kroenke has no intention of selling up at the Emirates Stadium and is said to be intending to remain at the club on a long-term basis.

KSE UK, Inc notes the recent media speculation concerning its shareholding in Arsenal Holdings PLC and confirms that its shares are not, and never have been, for sale.

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On Friday, Alisher Usmanov, who now owns 30.04 per cent of Arsenal through his Red and White Holdings investment vehicle, made a £1bn bid to become majority shareholder of Arsenal.

But Kroenke's emphatic statement suggests any follow-up offer from Usmanov will again be rebuffed.

There were chants against Kroenke during Arsenal's game against Everton on Sunday as the team failed to qualify for the Champions League for the first time in 20 years.

Arsenal may have come up short in the Premier League, but could yet win what would be a third FA Cup in four seasons when they take on Chelsea at Wembley on Saturday.

Arsenal spent a club record £110 million on players last summer and are expected to be active in this upcoming transfer window as well. "He is not at fault if we did not reach the Champions League", Wenger said.

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