Arsène Wenger believes it will be 'business as usual' at Arsenal despite the sale of 9.9 per cent of his Club's share to the KSE Group on Thursday.
The American company is owned by Stan Kroenke, who also controls the Colorado Rapids. The MLS side began a "strategic relationship" with Arsenal earlier this year and this latest move has lead to speculation that the KSE Group may buy out the Emirates Stadium club completely. The move would follow the path of Chelsea, Liverpool and Manchester United, who have all fallen into foreign ownership in recent years. However Wenger believes KSE's recent purchase will change little and described the development as "positive for Arsenal".
"I don't think that the club has been bought by somebody," he said. "It's just somebody who has bought shares. To me it seems this is an investment not an ownership.
"You have to wait for the future to see what his intentions are. But he has not come out and said wants to buy the club, he wants just a partnership and that should not change anything inside the club at the moment.
"At the moment 60 per cent of shares are in the hands of three people and he has just put 10 per cent, so that means nothing will change for us.
"In fairness to Manchester United, life hasn't changed a lot [after they were taken over]. They are different owners, but they have respected the values of the club."
Copyright 2014 The Arsenal Football Club plc. Permission to use quotations from this article is granted subject to appropriate credit being given to www.arsenal.com as the source 6 Apr 2007