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After a 10-year battle, Stan Kroenke is finally set to get full control of Arsenal.

The American billionaire's latest offer to buy out fellow shareholder Alisher Usmanov's stake for £550 million has been accepted by the Russian.

The deal, which values the club at £1.8 billion, means Arsenal are set to pass into single ownership for the first time in the club's 132-year history.

But what does that mean, and how did we get to this point? Here's a brief look at the history of Kroenke's takeover battle and what the future might hold for the club.

Why is this news significant?

The announcement that Usmanov's Red and White Securities has accepted an offer from Kroenke Sports & Entertainment ends a long tussle between the two billionaires, who have not had a working relationship and each has tried in the past to buy up the other's stake.

For Kroenke, it means he gets full ownership of the club. Buying up Usmanov's shares puts him over the 90-percent threshold that allows him to force out smaller remaining shareholders, who own a combined three percent.

They have been presented with an offer of £29,419.64 per share from Kroenke. While they don't have to voluntarily accept -- They have until Aug. 28 to respond to the offer -- KSE has stated its intention to force through the sale of all remaining shares

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