football
Latest News:
This is the board where Arsenal fans can discuss all things Arsenal, and any other football issues that they feel are of interest to Gunners. Opposition fans are welcome, but remember this board is from an Arsenal point of view. Off Topic Discussion should take place on the Off Topic Forum. Off Topic discussion will be removed. Any topic that is football related, within reason, is not off topic.

 
Report This Message
Are you sure you want to report this post?

Kroenke bid to purchase Usmanov’s shareholding in Arsenal.
Posted by: Boston Gooner
Date: 29/09/2017 12:57
By arseblog - September 29, 2017

Stan Kroenke has made a bid to purchase Alisher Usmanov’s shareholding in Arsenal, an offer which is currently under consideration by the Russian business magnate.

Back in May the Financial Times reported that Alisher Usmanov had made a bid to purchase Stan Kroenke’s shareholding in Arsenal.

The billionaire, who currently holds a 30.04% stake, tabled a £1.3bn offer which the American rejected, reaffirming his desire to maintain his own 67% shareholding.

Now, Arseblog News understands that Kroenke has turned the tables, and approached Usmanov two weeks ago with a bid to purchase his shares, a move which would give him more than 97% of the shares in the club.

The two men are not friendly, but Usmanov knows he will never have a seat on the board or any influence at Arsenal while KSE remain in charge.

His former partner in Red & Holdings, Farhad Moshiri, purchased a 49.9% stake in Everton in 2016, and his USM Holdings company put pen to paper on a five year deal to sponsor the Merseyside club’s training ground.

As yet the 64 year old oligarch has not accepted the bid, and is holding out for improved terms. However, the temptation that he could sell and immediately reinvest into Everton, teaming up with Moshiri once again, is obvious.

You may optionally give an explanation for why this post was reported, which will be sent to the moderators along with the report. This can help the moderator to understand why you reported the post.
Name:
Email:

We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing abuse@sportnetwork.net
 

Who is online?

Total users online:  

Most users online:  

Users on this site:  

Where are they?