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A number of English clubs have recently been put up for sale, including giants like Manchester United and Liverpool.
Earlier, Indian business tycoon and billionaire Mukesh Ambani had shown interest in buying the renowned English football club, Liverpool. However, he has reportedly changed his mind now and is now interested to buy another English football club, Arsenal.
As per media reports, Mukesh’s son Akash Ambani is a big fan of Arsenal and the family is likely to enter the race to buy Arsenal FC instead of Manchester United or Liverpool FC.
The Arsenal is a 100% owned subsidiary of Arsenal Holdings Limited. Arsenal Holdings Limited is 100% owned by Kroenke Sports & Entertainment (KSE) UK INC. KSE UK INC is 100% owned by E. Stanley Kroenke.
As per reports, India's appetite for investing in non-cricket entities is increasing. Mukesh, who is reportedly worth USD 90.7 billion at the moment, is interested in the project.
Earlier, it was reported that Mukesh had entered the race to bid for the world-renowned English football club Liverpool’s takeover.
The English Premier League giants have been put up for sale by their current owners Fenway Sports Group (FSG), who bought the Merseyside club in October 2010, and have reportedly appointed Goldman Sachs and Morgan Stanley to assist them in selling the club.
