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Arsenal: Spotify founder Daniel Ek says his bid for the club has been rejected

Spotify founder Daniel Ek says he has had an offer to buy Arsenal rejected.

On Saturday, he released a statement on Twitter to deny reports he was yet to make an offer for the club.

"This week an offer was made to both Josh Kroenke and their bankers that included fan ownership, representation at board and a golden share for the supporters," Ek wrote.

"They replied that they don't need the money. I respect their decision but remain interested and available should that situation ever change."

Ek is worth worth a reported $4.