Usmanov increases his stake in Arsenal FC
Thu 15th Apr 2010 | Clubs Ownership
Alisher Usmanov has reportedly increased his shareholding in Arsenal.
According to Sky Sports news, the Russian steel magnate has bought another 37 shares in the Gunners, at a cost £10,500 each, to strengthen his position at the club.
The Arsenal shareholding of Usmanov's investment company, Red & White Holdings, has therefore risen from 26.29 per cent to 26.31%.
Usmanov's activity is likely to increase speculation that he is plotting a takeover bid for the Premier League club after reports that Lady Nina Bracewell-Smith has appointed a firm to sell her 15.9% shareholding.
The prospect of US billionaire Stan Kroenke upping his 29.98 % stake appears unlikely after the sports tycoon said he planned to take full ownership of the St Louis Rams American football team.
Kroenke already owns the NBA's Denver Nuggets, the NHL's Colorado Avalanche and Major League Soccer's Colorado Rapids.
Earlier on Wednesday, Gunners chairman Peter Hill-Wood revealed that Barcelona have offered assurances that they will not submit a summer bid for Cesc Fabregas.
Google
Yahoo
Live
del.icio
DiggRelated Articles
Ebbsfleet United Appoint New Chairman
Wed 23rd May 2012 | Clubs Ownership
MyFootballclub have announced today that Jessica McQueen has been appointed as Chairman of Ebbsfleet United Football Club for the coming year following a member vote. Jessica, a member of...
Liverpool fans call for end to 'chaos'
Tue 22nd May 2012 | Clubs Ownership
Liverpool owners have been challenged to publicly explain their strategy for the club by a leading fans group. Spirit of Shankly, who led the protests against the despised former regime of Tom Hicks...
Premier League rule out Rovers investigation
Thu 10th May 2012 | Clubs Ownership
The Premier League have dismissed an MP's calls for an investigation into Venky's takeover of relegated Blackburn Rovers. And the Premier League say they are confident the club will remain financially...
Rangers Administrators Announce Preferred Bidder
Thu 3rd May 2012 | Clubs Ownership
Rangers Administrators Duff & Phelps have announced Bill Miller as the preferred bidder for the Scottish Premier League side. Paul Clark, joint administrator announced the American...
