It looks as though Arsenal are to be bought out by a Russian....
Quote:
David Dein, the former Arsenal vice-chairman, has sold his 14.5% stake in the club to a firm co-owned by a Russian billionaire.
The news of the involvement of Alisher Usmanov, who bought the stake for £75m, adds to pressure on the club's board to give in to a takeover.
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http://news.bbc.co.uk/1/hi/business/6971124.stm
More on this story from the
Daily Mail
Quote:
Now, he has been appointed chairman of a company whose goal is to gain hold of a significant stake in the club's shareholding, with Dein having sold his 14.58% stake for £75million to the Red and White Holdings Ltd company.
Red and White is jointly owned by Russian businessman, Alisher Usmanov, and London-based investor, Farhad Moshiri, but has appointed Dein as its chairman. Dein will spearhead plans to increase its stake in Arsenal, although he insists there is "no current intention to make a takeover offer".
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---------- Post added at 17:55 ---------- Previous post was at 17:49 ----------
Champions League Draw...
Group F
MANCHESTER UNITED
Roma
Sporting Lisbon
Dynamo Kiev
Roma again
http://newsimg.bbc.co.uk/sport1/hi/f...pe/6970924.stm