Spotify chief executive Danie Elk did make an offer to buy Arsenal, but was rebuffed by the club's owners.
'They replied that they didn't need the money,' Elk said. 'I remain interested and available should that situation ever change.'
Tom Payton, a member of the board of the Arsenal Supporters' Trust, called on Josh Kroenke (to whom the offer was made) to explain why it was rejected.
He commented: 'The direction that English football is going with a greater desire for fan involvement ... is not compatible with the Kroenke Sports and Entertainment model. If they can't adapt ro this it would be best if they left English foorball.'
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