Stan Kroenke purchased another 25 shares in Arsenal and now holds about 29.9 percent ownership of the club. The shares were reported to have cost £8,500 each.
This most recent purchase puts Kroenke just 17 shares shy of the 30 percent ownership level, which would trigger a mandatory takeover bid.
Seems to me that he is getting as close as he can without having to launch the whole bid, as that would be a sizeable chunk of money he would have to raise. I still think it is a good purchase and makes sense for either buyer at this price.