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Arsenal have welcomed American billionaire Stan Kroenke onto their board as a non-executive director as they attempt to stave off a potential takeover from Uzbek oligarch Alisher Usmanov.

The billionaire owner holds 12.4% of shares in Arsenal Holdings PLC and his appointment marks a thaw in the relationship between himself and Hill-Wood. However, Kroenke has not signed up to the 'lockdown' agreement drawn up by board members last year which prevents the trading of shares without the consent of fellow directors.

Following Kroenke's initial investment in April 2007 Hill-Wood famously remarked that Arsenal did not want "his sort"; but the club's directors have been establishing closer links with the American since Russian billionaire Usmanov, the club's largest shareholder, began raising his stake in the club to 24.9%.

Looks like there is turbulent at the top. Between Kroenke and Usmanov, I do prefer Kroenke. But ultimately, Just hope the players are not affected and we lift a trophy this season.

I dont really like him, but i think it is better than to have Usmanov.

Its ok. Bring on the millionaires. we need the money.