There should also be supporter representation on the club Board and/or much more structured relationships with the owners and directors. Brooklyn, NY 11219, US. Transmission system operator information for the year 2018; Transmission system operator information for the year 2017; Transmission system operator information for the year 2016 The other Board members sold all their shares to him and ceased to represent any equity interests.To fund the purchase of shares from Red & White Holdings, Kroenke took out a loan of £557m secured against KSE’s assets – its Arsenal shares.We will maintain the reserves accrued from the forced sale of the AST’s Arsenal shareholding for the eventual use of reinvesting in Arsenal. We want to see profits made at Arsenal reinvested in the club and we do not support dividend payments or excessive management salaries or fees as ways of extracting money from the club.To date Stan Kroenke has maintained a very low profile as owner and, despite promises to do so, has not met with the AST or any other supporters’ group since becoming majority owner in 2011. Mission Statement AST statement of principles and policies for 2020 The founding principles of the AST are set out in detail on our website ( www.arsenaltrust.org ) and in our constitution, but as times change and different challenges arise for the club and supporters it is important to update and amend the policy aims and objectives of the Trust. Approximately three per cent of the club's equity was still owned by small shareholders. AST Statement Regarding COVID-19 Posted on Mar 25, 2020 The following statement from president and CEO Joe Hoff explains AST's commitment to maintaining the utmost safety standards while remaining fully operational throughout the current COVID-19 outbreak. This is a position we keep under annual review.We believe that ideally at least ten per cent of Arsenal shares should be in the hands of small shareholders and/or supporters' groups.
This could arise as a result of a future sale or listing of Arsenal by the present owner, or through legislative changes made by Parliament. The best ownership model for Arsenal will always include supporters being represented and involved in the ownership structure as shareholders.The following are the specific priorities of the AST Board for 2020:On August 7, 2018, KSE announced they had agreed to buy the shares of Red & White Holdings. The Arsenal Board had to answer to all shareholders, up to a point, with important accountability and transparency occurring through the publication of the Company Report & Accounts and the holding of an Annual General Meeting to which all shareholders were invited.The AST continues to believe that Arsenal is too important to be owned by any one person. We, the management of AST Eis- und Solartechnik GmbH, strive for quality and technology leadership in our market and see it as a challenge to combine growth and competitiveness with environmentally conscious and socially acceptable action.