Arsenal: Usmanov plans to overtake Kroenke

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The Independent Football

Alisher Usmanov said yesterday he hopes to increase his stake in Arsenal and overtake Stan Kroenke as the club's main shareholder.

The Russian billionaire owns a 27 per cent share in the Premier League club and hopes to buy another 2.9 per cent, which would see him surpass Kroenke, who owns a 29.8 per cent stake. Should Usmanov succeed in increasing his share to 29.9 per cent, he would still be 0.1 per cent short of the holding required to trigger an automatic takeover.