Football
Arsenal shareholders show discontent at AGM, against Keswick re-election

Arsenal's smaller shareholders showed an unprecedented level of discontent with the club's board of directors by voting against the re-election of chairman Sir Chips Keswick and board member Josh Kroenke.

Oct.26 - SportLand: Arsenal's smaller shareholders showed an unprecedented level of discontent with the club's board of directors by voting against the re-election of chairman Sir Chips Keswick and board member Josh Kroenke.

Both were still re-elected thanks to the majority vote held by majority shareholder Stan Kroenke -- Josh's father -- but only after the smaller shareholders forced two separate paper poll votes by voting against the resolutions with a show of hands.

While the combined votes from the individual shareholders amounts to less than three percent, it was a symbolic victory for those who feel frustrated with a perceived lack of progress at the club.

Key fan group Arsenal Supporters' Trust (AST) had issued a call for all shareholders to vote against the resolutions, arguing that the board needs more diversity and truly "independent" directors.

However, club secretary David Miles announced the result before the full number of votes against were counted, saying: "It is evident the resolution will carry."