Stan Kroenke is poised to launch a full takeover for Arsenal after agreeing deals to buy shares owned by Danny Fiszman and Lady Nina Bracewell-Smith.
American businessman Kroenke already owns 29.9% of the north London club.
BBC Sport understands that he is to acquire the 16.1% owned by Fiszman and the 15.9% owned by Lady Bracewell-Smith for about £11,000 a share, or £225m.
That will give Kroenke 62% and control of the club and means he must offer to buy out all the remaining shareholders.
At that price, Arsenal have a market value in the region of £750m. With them carrying debts of £147m, the deals value the club at £900m.
The Gunners are the only one of the Premier League's top four teams not currently under outright foreign ownership.
Kroenke, 63, is also the owner of Kroenke Sports Enterprises in the United States.
The company controls the NBA's Denver Nuggets, the NHL's Colorado Avalanche, NFL team the St Louis Rams, and Major League Soccer outfit the Colorado Rapids.
The man with the second largest Arsenal shareholding is Russian billionaire Alisher Usmanov, with just over 27%.
More here -
http://news.bbc.co.uk/sport1/hi/football/teams/a/arsenal/9453736.stm
