Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

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Alisher Usmanov: Arsenal shareholder makes £1bn...
 © Parikiaki 2018
Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest control of Arsenal from majority shareholder Stan Kroenke.

 

But with Kroenke showing no interest, the bid has in effect been rejected, though Usmanov is yet to receive written confirmation of that.

 

The Financial Times reported Usmanov made the offer last month, and that Kroenke has yet to formally respond.

 

Metal magnate Usmanov owns 30% of Arsenal’s shares.

 

He is, though, not part of the board or decision-making at the club.

 

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Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke


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