Arsenal major owner Stan Kroenke says 'shares are not, and never have been, for sale' after £1bn Alisher Usmanov takeover is rejected

Arsenal majority shareholder Stan Kroenke has insisted he remains committed to the club and his company's shares are 'not, and never have been, for sale'.

KSE UK, which is the holding company for the American's interest in the Gunners, issued a statement to the London Stock Exchange on Monday morning.

It follows 'recent media speculation' concerning their commitment to the Premier League club, who this season missed out on the top four of the Premier League for the first time in 20 years.

There is a growing dissatisfaction with the Stan Kroenke regime among Arsenal supporters

There was a small smattering of banners hoisted during the 3-1 victory over Everton

Russian businessman Alisher Usmanov, who currently owns 30 per cent of the club, tabled a formal £1billion bid to buy Arsenal, but Kroenke has no intention of relinquising any of his 67 per cent holding.