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**Devius** · May 19th, 2017, 05:56 PM

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

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.

Details:
http://www.bbc.co.uk/sport/football/39981841

May 19th, 2017, 05:56 PM	#20055
Devius Veteran Member Join Date: Jun 2007 Location: It's a London Thing.... Posts: 23,496 Thanks: 142,090 Thanked 228,284 Times in 23,529 Posts	Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke 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. Details: http://www.bbc.co.uk/sport/football/39981841 __________________ "I've had it with them, I've had it with you, I've had it with ALL THIS - I WANT ROOM SERVICE!* I want the club sandwich, I want the cold Mexican beer, I want a $10,000-a-night hooker!"* Johnny Mnemonic (1995)