Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Arsenal: Usmanov plans to overtake Kroenke

Wednesday 22 December 2010 01:00 GMT
Comments

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.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in