On Tuesday, Spotify, which has never made a profit, soared to a market capitalisation of more than $26 billion in its long-awaited debut on the New York Stock Exchange. 'He's quite Swedish in terms of values: we don't see him on magazine covers alongside celebrities, he's not hierarchical and does not hesitate to showcase his collaborators,' Snickars told AFP.Įk's pragmatic approach has endeared him to investors, consumers and employees. 'He is shy, comes from a working-class background and was very interested in computers and music early on,' said Pelle Snickars, co-author of a forthcoming book, 'The Swedish Unicorn: the story about Spotify'.

If KSE would like to sell Arsenal I’d be happy to throw my hat into the ring.A casual dresser with his habitual sneakers, T-shirt and blazer, the 35-year-old is known for being extremely tight-lipped about the financial deals of the world's largest music streaming company, which he co-founded with Martin Lorentzon in 2006.

On Friday, Ek took to Twitter to write: “As a kid growing up, I’ve cheered for Arsenal as long as I can remember. With Arsenal, however, it looks a bit more personal for the 38-year-old billionaire.

This isn’t the first time Ek has expressed interest in buying a football team, although this reportedly never got past the earliest stages. Of course, that could be because he’s joining three Arsenal legends in his bid: Thierry Henry, Dennis Bergkamp and Patrick Vieira. Although he’s a widely disliked character in the music industry (his quote “you can’t record music once every three to four years and think that’s going to be enough,” lives in infamy), in the world of football, that reputation doesn’t seem to have followed him. Step forward, Swedish entrepreneur and Spotify CEO Daniel Ek. The latter’s owner, Stan Kroenke, who owns Kroenke Sports & Entertainment, is under increasing pressure from fans to sell the club to someone more receptive to fans’ interests. With the ill-fated European Super League now left in ruins, the fallout of the attempted league is still sending shock waves through European football.įor the uninitiated, it appears the breakaway league was the collective brainchild of the wealthy owners of some of Europe’s top clubs, including English teams Manchester United, Manchester City, Chelsea, Tottenham Hotspur, Liverpool and Arsenal.

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