World’s tenth Wealthiest man would prefer to buy Arsenal over Man Utd and Liverpool

Arsenal are viewed as a more attractive proposition than either Liverpool or Manchester United to the world’s tenth richest man, Mukesh Ambani, who is said to be considering a move into the world of football ownership.

After 17 tumultuous and often controversial years at the helm, the Glazer family put United up for sale last month hoping to net at least £6billion.


That valuation has been deemed unrealistic by a series of financial experts while the market has been complicated by FSG’s decision to open up the bidding for Liverpool.

John W Henry has presided over a period of success at the Merseyside club and with a new training ground in place and Jurgen Klopp’s long-term future apparently resolved following his decision to sign a new contract, Liverpool appear on a much more stable footing than their north west rivals.

The Glazer family have put Manchester United up for sale

With the £80million redevelopment of the Anfield Road stand, which will take the stadium capacity up over 60,000, due to completed in time for the start of next season, Liverpool will also boast the modern home United can only dream about with the current state of Old Trafford also said to be putting off potential investment.

The Ambani family, meanwhile, have been mooted as potential buyers for the two most successful clubs in English football history, but The Athletic reports that Arsenal would represent their No.1 choice if and when they choose to invest in a Premier League powerhous

Ambani’s son Akash, 31, is said to be a passionate Arsenal fan and that is likely to prove decisive in determining where and when they will direct their vast fortune which is said to be worth $90.7billion.

Simon Chadwick, professor of sport and geopolitical economy at the SKEMA Business School, said: “There is an increasing appetite in India for non-cricket investment opportunities in sport.

‘This links to India’s digital and entertainment economy. City Football Group invested in Mumbai, and Mumbai is the digital, entertainment and financial capital of India. If you look at some of the things Abu Dhabi’s wealth fund is investing in, they have invested in digital start-ups in Mumbai.

‘There is a sense India could be the next great frontier. We’ve already had China, and now we have Saudi Arabia.’

The Kroenke family have owned Arsenal outright for the last four years and have until recently been unpopular custodians.

At the height of their disdain, Arsenal fans protested ahead of a behind-closed-doors fixture against Everton during ‘Project Restart’ and hung effigies of Stan Kroenke following the decision to commit to the ill-fated European Super League.

With Stan’s son, Josh, taking a more active role in overseeing the club’s development, the resentment has dissipated, while renewed investment in the playing squad, to the tune of over £300million, has produced a dynamic, young side led by Mikel Arteta.

The Arsenal manager committed his future to the club last summer and with Edu recently promoted to the position of sporting director under Josh Kroenke’s watch the Gunners are unlikely to be under new ownership any time soon.

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