Alisher Usmanov, who owns 30.04 per cent of English Premier League (EPL) giants Arsenal, has made a one billion pound ($1.30 billion) bid to take control of the north London football club from majority shareholder Stan Kroenke.
English media reported that Kroenke has yet to formally respond to the offer, which was made last month and was reported initially by the Financial Times. Continue reading
Arsenal shareholder Alisher Usmanov has said that the Gunners can challenge for the European title by signing reinforcements for just one more role.
The Russian business magnate, who is the second largest shareholder at the club, was quoted telling the CNN: “Except for one position, I think Arsenal are ready to successfully fight for European cups.”
Nigerian billionaire Aliko Dangote, who is the founder and the owner of the Dangote Group, and is the 67th richest man in the world (the richest businessman in Africa), has spoken of his desire to buy Arsenal in the near future.
Dangote, who is believed to have been a Gooner since the 1980’s, was quoted telling the BBC: “There were a couple of us who were rushing to buy, and we thought with the prices then, the people who were interested in selling were trying to go for a kill [speaking about a previous attempt of his to buy the club]. We backtracked, because we were very busy doing other things, especially our industrialisation. When we get this refinery on track, I will have enough time and enough resources to pay what they are asking for.”
The loss to Aston Villa in Arsenal’s season opener has caused more finger-pointing towards majority shareholder Stan Kroenke, Ivan Gazidis and Arsene Wenger. Kroenke is also the owner of teams such as the Denver Nuggets in the NBA and Colorado Rapids in MLS, and is referred to by Arsenal fans as ‘Silent Stan’. This is because of the shareholder’s lack of involvement in the club, barely showing up for matches at the Emirates whilst remaining very silent despite Arsenal’s continuous failings in recent seasons. Lady Bracewell-Smith helped in making Kroenke majority shareholder in 2011, as her selling of shares to the American businessman gave him a controlling stake in the club. Continue reading
Russian Billionaire Alisher Usmanov, who holds more than a 29 percent stake in Arsenal, has appealed to the club to pursue their ambitions of signing Wayne Rooney even though the Gunners are on track to bring Gonzalo Higuain to the Emirates for a reported Â£22 million.
Rooney’s lack of happiness at Manchester United is no secret, and Usmanov who criticized the clubâ€™s lack of ambition when Robin van Persie shifted base has now given his public backing to the Gunners to fuel their title ambitions by splashing some cash this summer. Continue reading
Arsenal have gone from the Invincibles to a team fighting to finish in the top-four, and the club’s 8-year running trophy drought has resulted in a civil feud between its owners as Alisher Usmanov has claimed that majority stakeholder Stan Kroenke lacks the ambition to create a title winning team.
The exceptionally rich Usmanov, who recently topped the annual “rich list” compiled by The Sunday Times with a fortune of £13.3 billion, has enough money to make Roman Abramovich’s significant wealth of £9.3 billion look rather slender. Continue reading