hamptonmanger
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Alisher Usmanov is on the verge of triggering an automatic takeover for Arsenal as he contemplates increasing his stake in the club.
The Russian billionaire currently owns a 27% share of the Premier League club, while the present majority shareholder Stan Kroenkeowns 29.8 per cent.
Usmanov, though, is keen to acquire a further 2.9% stake, which would see him usurp the American Kroenke as the club's main shareholder.
A further 0.1% would be needed to activate a full takeover and that is a move the Uzbekistan-born metals and mining tycoon has refused to rule out.
Today, we have 27%. Our objective is to bring that up to a blocking state of 29.9%," Usmanov is quoted as saying on Russian state TV.
full link http://www.skysports.com/story/0,19528,11661_6606533,00.html
what are you thoughts on this? personally i hope it doesn't happen
The Russian billionaire currently owns a 27% share of the Premier League club, while the present majority shareholder Stan Kroenkeowns 29.8 per cent.
Usmanov, though, is keen to acquire a further 2.9% stake, which would see him usurp the American Kroenke as the club's main shareholder.
A further 0.1% would be needed to activate a full takeover and that is a move the Uzbekistan-born metals and mining tycoon has refused to rule out.
Today, we have 27%. Our objective is to bring that up to a blocking state of 29.9%," Usmanov is quoted as saying on Russian state TV.
full link http://www.skysports.com/story/0,19528,11661_6606533,00.html
what are you thoughts on this? personally i hope it doesn't happen