Arsenal fans are not happy with the news that majority shareholder Stan Kroenke has no plans to sell his shares.

Last week, a report from the Financial Times claimed that Alisher Usmanov, who owns a minority stake in the North London club, offered a deal to Kroenke last month.

It is believed that he tabled £1billion to take control of Arsenal, but his rumoured offer seems to have been knocked back.

In a statement, revealed by AP journalist Rob Harris, Kroenke has insisted that his shares are not for sale.

Usmanov has previously been outspoken about the board's activity, in particular Kroenke, who has often received criticism from the fans.

Many have blamed the American businessman for the club's failure to progress and inability to compete with the financial clout of Manchester United and Manchester City.

Kroenke's latest statement has not helped him win back the supporters.

Arsenal can still end the season with silverware as they prepare to face Chelsea in the FA Cup final this weekend, but they failed to finish inside the top four of the Premier League for the first time in over two decades.

https://video.footballfancast.com/video-2015/arsenal-appeal.mp4