Alisher Usmanov has reportedly made a £1.3 billion bid for the controlling stake of Arsenal Football Club. The Russian Billionaire is already a major shareholder but is looking to buy out current owner, Stan Kroenke (via The Financial Times).
On the pitch, there is so much uncertainty about Arsenal right now. Will Mesut Özil and Alexis Sanchez remain at the club? Will Arsene Wenger be there next season?
Nobody really knows and now, there could be even more uncertainty within the club.
The Financial Times is reporting that shareholder Alisher Usmanov has made a £1.3 billion bid to Stan Kroenke to buy the club.
Usmanov currently owns 30% of the club and has made the offer to Kroenke, owner of 67% in the last month. The US sports mogul is yet to formally respond.
“Two weeks ago, I thought something could realistically happen. Now I am not so sure,” a Financial Times source said.
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Stan Kroenke is far from the most popular figure with Arsenal fans. ‘Silent Stan’ as he is less than affectionately known has often been blamed by supporters for either failing to or overly backing manager Arsene Wenger.
Usmanov would offer an alternative to that. Born in Uzbekistan, the 63-year-old has made his money in metal, mining and phone companies and is said to have a net worth of close to $15 billion, almost double that of Roman Abramovic.
It’s unclear whether any deal could be reached between the pair but it’s fair to say that change is needed at Arsenal at almost every level. Stan Kroenke is hated by the majority of Arsenal fans and any report that he could be set to leave the club will be music to the ears of many.