Arsenal are reportedly set to be subject to a huge bid, after Orji Kalu talked up a potential bid to get involved at the Emirates. The 60 year old has said that he will need a 35% stake in order to “bring trophies back” to the Emirates.
Among other factors, Arsenal’s lack of league and European success in recent years has been brought about by a lack of funding. Whilst fans are used to watching the likes of Manchester City, Manchester United, Chelsea and even Liverpool recently spend upwards of £150 million in one transfer window, Gooners must watch on in envy as Stan Kroenke keeps a tight reign on his purse strings.
Orji Kalu, who made his money predominantly through owning a newspaper company, wants to change that. Arsenal have a huge fan base in Nigeria and this is part of the reason why Kalu wants to take on this task. Additionally, Kalu has recent success in owning a football club, having taken over Nigerian outfit Enyimba FC and led them to domestic success ever since. He intends to form a partnership between Enyimba and Arsenal which to me seems similar to that of Manchester City and New York City FC.
Arsenal fans won’t care how he does it though, as long as he can back up his objectives which he claims ultimately is to win league titles and lift the champions league. Hopefully, within the next few years, Arteta will not have to feel the constraints of a tight transfer budget again, and he will be able to piece together his plan as he sees fit.
Photo: wonker, 2009