Arsenal have for a long time been known as the money savvy club, the spendthrifts, and the cautious shoppers. We can’t compete with the likes of Manchester City and Chelsea, as we just don’t have the funds.
The Forbes billionaire list has been released, and three of our major shareholders can count themselves among the exclusive crowd.
Alisher Usmanov is far and away the richest on the list at #71, with an estimated net worth of £9.4 billion.
He is above Chelsea owner Roman Abramovich – who ranks in at #137 – reportedly worth £5.9bn.
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Both men dwarf the fortunes of Arsenal’s current majority shareholder Stan Kroenke, who is valued at a meagre £4.1bn, and comes in at #225.
Farhad Moshiri – also a shareholder at Arsenal – makes the list as well, although his value of £1.37bn sees him way down the list at #894.
Usmanov has previously attempted to gain a majority share at the club, but the move has always been blocked.
Many fans have called in the past for the Uzbeki businessman to take control of the club, with an injection of cash thought to be exactly what we needed.
With Financial Fair Play rules tightening, however, it seems a sustainable business model – such as the one we currently employ – is a far more prudent strategy.