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Spotify founder Daniel Ek reveals he DID make an offer to buy Arsenal and remains interested after it was rejected, with the club's owners saying they 'didn't need the money'

The intrigue over potential bids for Arsenal and the future of ownership of Stan Kroenke took a dramatic twist on Saturday night after Spotify founder Daniel Ek insisted that he had made a substantial bid for the club and planned to include fan ownership as part of the future structure.

It is understood that Swedish billionaire Ek has engaged a bank, submitted the bid last week and that it has been delivered to Kroenke’s company KSE and to vice chairman Josh Kroenke.

The Kroenke family position has been that they have no intention of selling and on Saturday they denied there had been a bid but Ek, who founded the music streaming app, tweeted: ‘Inaccurate reports emerged today saying I have not made a bid for Arsenal Football Club.