Kroenke raises stakes in battle of billionaires colege football ranking

The battle for control of Arsenal entered a new phase yesterday as the American billionaire, Stan Kroenke, bought another eight per cent of the club's shares for �42.5m from a fellow board member, Danny Fiszman, taking his holding to 20.5 per cent, and then received a lavish endorsement as "a model owner" from the club's chief executive, Ivan Gazidis.