The London club’s managing director, Keith Edelman, was responding after mounting speculation Kroenke was on the verge of making a bid for the club.
Kroenke Sports Enterprises, which owns the NBA’s Denver Nuggets and NHL’s Colorado Avalanche had reported been in talks with UK media company ITV about acquiring its 9.9 percent stake in the club.
Edelman said: “As everyone knows the ITV stake has been for sale for the last 12 months. They have announced that owning football clubs was not part of their strategy.
“That started a lot of media speculation but, as a board, we want to step back from that. The directors are committed to the club and love the club. That is all we want to say on the matter at the moment.”
