SHOCKING BUY! Arsenal Owner Splashes Out £85 Million On A French…………….Vineyard

The American billionaire Stan Kroenke has not endeared himself to the Emirates Stadium support since increasing his stake in the club in 2011, with many feeling he has not used his purchase of club shares to boost the team with extra finances in the transfer market.

The 69-year-old businessman, worth £6 billion, has shocked the close-knit burgundy wine world by purchasing a majority share in family-run Bonneau du Martray, whose vintages are believed to be a favourite of the Queen.

The estate is one of just two that produce nothing but grands crus wines, which the monarch reportedly served at her 80th birthday party.

Financial terms were not disclosed but it is thought the deal could be worth more than £85 million. The French family which owns the vineyard, best-known for the highly ranked Corton-Charlemagne and Corton wines, confirmed the deal.

Jean-Charles Le Bault de la Morinière, whose family has owned the Burgundy site for nearly 200 years, said the deal would boost their overseas presence.

Unfortunately, the money did not go into the football transfer account and that would infuriate most of the Arsenal fans.

Many of the Gunners faithful would have hoped to see some new signings come into the transfer window but that was not the case. But Wenger had already suggested he wasn’t going to sign any players in the winter transfer window, which probably would have made Kroenke’s decision a bit easier.

Written by Arnold Riley

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