Daniel Ek’s bid to buy Arsenal is doomed given that the significantly richer Alisher Usmanov failed to wrestle control from Stan Kroenke.
That is according to finance expert and Football Insider columnist Kieran Maguire, speaking exclusively with Ek readying a takeover bid.
Ek, who made his money through music streaming service Spotify, is worth approximately £3.4billion, according to Forbes.
Usmanov meanwhile, who was formally involved with Arsenal between 2007 and 2018, is worth £13.3bn, £10.1bn more than Ek.
Arsenal fan Ek announced his ambition to purchase a controlling stake in the club via Twitter last Friday.
But Maguire claimed an Ek takeover is unlikely given Usmanov’s failure, while he also blasted Ek for choosing to pursue a deal through social media.
“I would be very surprised,” he told Football Insider correspondent Adam Williams.
“Alisher Usmanov wanted to acquire a greater influence in Arsenal, and he is worth a lot more money than Ek.
“Usmanov also owned 30 per cent of Arsenal because he’d bought Moshiri’s shares and he’d bought other shareholding himself.
“He couldn’t even get a seat on the board. That shows that Kroenke is A) worth a lot more money than Ek and B) very, very stubborn.
“Also, if you’re involved in a takeover, I’m not convinced that Twitter is the best vehicle to conduct negotiations.”
Ek brought Arsenal legends Thierry Henry, Dennis Bergkamp and Patrick Viera on board to sweeten a potential buyout.
But Kroenke released a statement on Wednesday reiterating his continued commitment to the club, even in the face of fan protests.