Usmanov Raises Stake

Usmanov Raises Stake

Arsenal fans should be worried about takeover affairs; Alisher Usmanov and the ironically named Red and White Holdings have increased their stake to 23%, a two percent upwards movement. The company was first setup when former Arsenal vice-chairman David Dein sold his shares to Usmanov after “resigning” from the Arsenal board, and their aim is to move towards 25% and thus gain a ‘blocking stake’. He paid around £10,000 a share, making his latest increase cost around £6 million.
Usmanov has also declared revenge on the Arsenal board for “being treated with disdain” and for being “denigrated by comments”, and will reveal his plans for the club in the next few weeks to try and appease the fans. Hopefully the whole business off the pitch does not affect performances on it, as none of us would like to see our beloved being distracted by this. Stan Kroenke has gone quiet in the last few months, however it is thought that the current Arsenal board have him on their side and that he may attend the next AGM as a show of support for the current hierachy.
Other than that, there’s been some more lighthearted stuff; the pressure must be getting to Tottenham boss Martin Jol as he yesterday claimed that only Arsenal’s youth could match those at Spurs. The fact that they cost ten times as much was convieniently forgotten by the under-fire Spurs boss. With just five points in their first seven games and a top four finish almost firmly out of the equation, now is a good time as ever to laugh at our north London ‘rivals’ (the term is used loosely).
Eduardo is quietly settling in; a rare interview has him saying that he’s ‘enjoying life’ at Arsenal. He has shown flashes of what he is capable of and coupled with his goal record now looks a snip at around £7.5 million. Lastly, Gilberto revealed that he wants to extend his Arsenal contract and Wenger has finally revealed how much he paid for Lassana Diarra- a mere £2 million.

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