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Usmanov increases stake in Arsenal to over 27 pc

 Arsenal manager Arsene Wenger looks on before the English Premier League soccer match against West Bromwich Albion at the Hawthorns stadium, West Bro...
 Arsenal players react after conceding a second goal against West Bromwich Albion during their English Premier League soccer match at the Hawthorns st...

Britain Soccer Premier League

Arsenal manager Arsene Wenger looks on before the English Premier League soccer match against West Bromwich Albion at the Hawthorns stadium, West Bro...

Britain Soccer Premier League

Arsenal players react after conceding a second goal against West Bromwich Albion during their English Premier League soccer match at the Hawthorns st...

Russian businessman Alisher Usmanov has increased his stake in Premier League club Arsenal.
Red & White Holdings, which is jointly owned by Usmanov and his business associate Farhad Moshiri, says it has taken its holding from 26 percent to "over 27 percent."
American investor Stan Kroenke remains the largest individual shareholder in Arsenal with 29.9 percent.
Unlike Kroenke, Usmanov has not been invited onto the board of directors.
If either investor was to take their stakes to 30 percent, he would have to make an offer for the remaining shares in Arsenal Holdings.
If either Kroenke or Usmanov manages to acquire more than 50 percent of the shares, he would gain legal control of the club.


Updated : 2021-08-04 21:59 GMT+08:00