Articles

American Billionaire Joins Arsenal Board

By Billionaire News on  From billionairenews.blogspot.com
Stan Kroenke, the billionaire owner of the Denver Nuggets, Colorado Avalanche, and Colorado Rapids, has joined the board at Arsenal. Just over a year ago, the boys over in London were up in arms when Kroenke started buying shares of the club. They more or less told him where he could shove his American money. Now they are falling all over themselves in an attempt to get that same American to protect them from a different potential takeover.Russian billionaire, Alisher Usmanov, is gunning to...Read Full Story

Usmanov plans new co to own MegaFon, Scartel -paper

By latestbusinessreport on  From latestbusinessreport.com
MOSCOW, April 25 (Reuters) - Russian billionaire Alisher Usmanov is in talks to set up a holding company to own his stake in MegaFon and next-generation telecoms operator Scartel, the head of his... < Prev   Next >Read Full Story

Usmanov plans new co to own MegaFon

By ramycaspi on  From prepaidmvno.com
Russian billionaire Alisher Usmanov is in talks to set up a holding company to own his stake in MegaFon and next-generation telecoms operator Scartel, the head of his Telecominvest holding was quoted on Wednesday as saying.Read Full Story

Alisher Usmanov hits out at ‘trophyless’ Gunners for ripping off fans

By Abubakar Saddique on  From ssportsnews.com
Uzbek billionaire Alisher Usmanov has laid the blame for Arsenal’s failure to secure any silverware in the last six seasons squarely at the door of the club’s board. Read Full Story. http://www.football.co.uk/arsenal/alisher_usmanov_hits_out_at__trophyless__gunners_for_ripping_off_fans_rss1686724.shtmlRead Full Story

Alisher Usmanov wont' sell Arsenal stake

By Ivelin Cholakov on  From topnews1.com
Alisher Usmanov has refused to clear the way for Stan Kroenke to complete a full takeover of Arsenal after revealing that he isn't selling his 27 per cent stake in the club.Read Full Story

Russian billionaire, Alisher Usmanov charged with fraud

By Billionaire News on  From billionairenews.blogspot.com
Newsbrief: Russian billionaire, and Arsenal shareholder, Alisher Usmanov has been charged with fraud. He is being sued by De Beers Group, for fraudulently enriching himself at their expense.Newslink: http://www.russia-ic.com/news/show/4899/Read Full Story

Usmanov To Launch Bid For Arsenal

By Panicos1964 on  From arsenalnewsnewsnews.wordpress.com
There have been several reports recently that Alisher Usmanov will announce any day now that he has acquired Lady Nina Bracewell-Smith’s 15.6% share in Arsenal.  This will take Usmanov’s holding to over 40%, resulting in him being obliged to make a formal offer for the club. The Board, namely Peter Hill-Wood will make statements to the effect that the club is not for sale, despite the fact the Hill-Wood sold his shares in Arsenal many years ago to David Dein!   Danny Fiszman will also resist...Read Full Story

Can Kroenke and Usmanov Co-Own Arsenal?

By Panicos1964 on  From arsenalnewsnewsnews.wordpress.com
Arsenal’s Chief Executive, Ivan Gazidis has been talking about our three main shareholders, Lady Nina Bracewell-Smith, Alisher Usmanov and Stan Kroenke.   Lady Nina Bracewell-Smith, who owns 15.9%, was ousted shortly before Gazidis was appointed.  She has spent more time in India recently. Her shareholding is vital as to who will control the club.    Gazidis said, “I certainly plan to meet with Lady Nina and have a productive ongoing dialogue. She is a significant shareholder and she...Read Full Story

Kroenke Increase Stake in Arsenal

By Panicos1964 on  From arsenalnewsnewsnews.wordpress.com
The news this morning is that Danny Fiszman has sold 5,000 shares to fellow director Stan Kroenke for £42.5 million.  This means that Kroenke is now the second largest shareholder with 20.5%, whilst long time director Fiszman has reduced his stake to 16.1%. Fiszman is subject to the lock down agreement, under which all the directors agreed not to sell any of the shareholding.  Kroenke, however, is not party to this lock down agreement and this could be significant.  The Arsenal board agreed...Read Full Story

A Rights Issue is Top Priority for the Board

By Panicos1964 on  From arsenalnewsnewsnews.wordpress.com
This week could be a monumental week in the history of the ownership of Arsenal Football Club. At a board meeting this week, the directors will discuss, amongst other matter the option of raising additional capital. Alisher Usmanov has sent a letter to the club formally offering to under-write a £100 million rights issue.  Such a move cannot be ignored by the directors as it will be a dereliction of their duties. What Alisher is saying is that any shareholder who does not wish to take up his...Read Full Story
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