Usmanov shares a fan-friendly idea [Eire Region]

Daily MailJune 15, 2009

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Summary


RUSSIAN predator Alisher Usmanov is making his most significant move yet at Arsenal by proposing a rights issue to the board to raise much-needed funds.

Oligarch Usmanov, who has a 25 per cent shareholding but no director's position, has offered to fully underwrite the initiative - - guaranteeing to buy all shares that are not sold -- which will need the full support of the club to work.

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Usmanov shares a fan-friendly idea [Eire Region]

The Usmanov plan, recently outlined to the club hierarchy, i...

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