Spotify CEO and founder Daniel Ek is preparing a bid to buy Arsenal from under-fire owner Stan Kroenke, according to The Guardian's Nick Ames and Will Unwin. Club legends Thierry Henry, Dennis Bergkamp, and Patrick Vieira are believed to be involved in the process.
Kroenke, who owns Arsenal through holding company Kroenke Sports & Entertainment, would want at least £2 billion, sources told The Guardian.
With a net worth of around £3.4 billion, Ek would apparently have little issue raising the necessary funds to purchase a majority stake.
The 38-year-old declared his interest in acquiring the Gunners on Twitter last week.
Ek wrote, "As a kid growing up, I've cheered for Arsenal as long as I can remember. If KSE would like to sell Arsenal, I'd be happy to throw my hat in the ring."
The Swedish mogul has also reportedly enlisted Henry, Bergkamp, and Vieira's help to curry favor with disenfranchised fans who have railed against Kroenke's ownership for years. Thousands of supporters demonstrated at the Emirates Stadium on Friday to protest against Arsenal's involvement in the controversial European Super League.
The club offered an apology after eventually withdrawing from the project last Tuesday.
But Kroenke's son Josh, who also serves on Arsenal's board of directors, said during a fan forum Thursday that his father has no intention of selling the club.