Usmanov increases Arsenal stake

Mardi 18 septembre 2007

Usmanov increases Arsenal stake

Russian billionaire Alisher Usmanov has upped his stake in Arsenal to become the club’s second largest shareholder.

Red and White Holdings Ltd, which is co-owned by Usmanov and business partner Farhad Moshiri, now have 21%, with Danny Fizman possessing 24%.

Arsenal chairman Peter Hill-Wood has said the club’s major shareholders have no intention of selling their stakes.

Usmanov first bought into Arsenal in August when he paid David Dein around £75m for his 14.65% holding.

Former vice-chairman Dein left the club in April over differences with the board over investment possibilities, with American businessman Stan Kroenke’s potential involvement thought to be the main sticking point.

Lire la suite sur le site de la BBC.

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