Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

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.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...

Walker Morris Advise On Leeds United Sale

Thu 5th Jan 2017 | Clubs Ownership

Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...

Aser Group Holding Acquires 50% Of Leeds United

Wed 4th Jan 2017 | Clubs Ownership

Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...

Notts County Sold To Local Businessman

Mon 19th Dec 2016 | Clubs Ownership

Notts County owner Ray Trew has confirmed the sale of the club after reaching an agreement with local businessman Alan Hardy. Having held discussions with a number of prospective buyers in recent...