Russian Ups Stake ; Sports Agenda

Daily MailFebruary 16, 2008

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Summary


ALISHER USMANOV, the Russian billionaire, last night moved closer to becoming the largest single shareholder at Arsenal when he spent Pounds 1.7m on another 189 shares at Pounds 9,000-a-time.

This was Usmanov's first move in the market since well before Christmas and shows that his Arsenal share-buying vehicle, Red & White Holdings, chaired by estranged former Arsenal vice-chairman David Dein, still has long-term ambitions to take command at the Emirates Stadium despite the lockdown agreement of the board not to sell any shares before April 2009.

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Russian Ups Stake ; Sports Agenda

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