By Kieran Maguire

23rd May, 2021 | 8:00am

Kieran Maguire: Arsenal takeover 'deal goes ahead' on one condition after Ek latest

Arsenal takeover hopes are “certainly not” over and Stan Kroenke will sell up if he knows there is profit to be made.

That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Daniel Ek revealed last Saturday that his recent bid to buy the club was rejected by KSE.

In a statement posted on Twitter, Ek claimed he “remains interested and available should [the] situation ever change.”

The music streaming mogul enlisted the help of Arsenal legends Dennis Bergkamp, Thierry Henry and Patrick Viera as part of his takeover strategy.

Bergkamp today claimed “Daniel is not a quitter” and that the takeover team is “here to stay.”

Maguire remains optimistic about the prospect of the club changing hands in the future.

Subscribe to Football Insider TV now

Asked whether Ek’s rejected bid spelt the end Arsenal fans’ takeover dreams, Maguire told Football Insider correspondent Adam Williams: “Certainly not.

“It’s all a question of price when it comes to Stan Kroenke. If someone comes to him with an acceptable offer, the deal goes ahead.

“He’s called ‘Silent Stan’ for a reason – he much prefers things to be done behind closed doors. The Daniel Ek bid, it smacked of publicity first and serious business offer second.

“Given that it cost [Kroenke] around £1.83billion in terms of him buying out Usmanov a couple of years ago, he will want to make a return on that.

“From any buyer, I think anything around the low £2bn mark would be enough. If he makes £200million or £300m profit, he’ll be quite happy.

“The club is losing money and whoever is running Arsenal is going to have to accept that. If they want to return to the top table, it’s going to cost.

“Talent, recruitment and retention are not going to be cheap, especially when you’re not in the Champions League.”

In other news, five Arsenal mainstays tipped to quit in summer.