Arsenal director Josh Kroenke has told staff at the club that KSE will provide fresh funds into Mikel Arteta's summer transfer budget, according to reports. Kroenke and his father Stan released a statement on Tuesday stating they will not entertain any offers from Daniel Ek to buy the north London outfit. Spotify co-founder Ek made it clear he wants to buy Arsenal following protests by supporters against owner Stan Kroenke last Friday.
Arsenal transfer news: Josh Kroenke says funds will be made available to Mikel Arteta (Image: GETTY)
Josh Kroenke spoke at a fans' forum last week, stating KSE have no desire to sell.
ESPN claim the American held an internal phone call with around 350 members of Arsenal staff on Tuesday afternoon to reiterate that stance.
The call lasted 50 minutes, with chief executive Vinai Venkatesham also present.
Kroenke Jnr said they are not interested in listening to any offers from any party and are fully committed to helping Arsenal compete for major honours again.
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He also said funds will be made available to strengthen Arteta's first-team squad in the upcoming window.
KSE funded Arsenal's late £45million move for Thomas Partey last summer and are prepared to add more to Arteta's budget despite the financial impact of the coronavirus pandemic.
Stan Kroenke only took full control of Arsenal in 2018 but has held shares at the club since 2007.
Arsenal's decision to join the breakaway European Super League earlier this month, which they have since withdrawn from, was the final straw for many supporters.
Arsenal transfer news: KSE funded the signing of Thomas Partey last summer (Image: EXPRESS)