Just on the subject of sponsorship etc - I find it a bit odd that a company is allowed to sponsor a tournament in which a team which they also sponsor is taking part in. FA Cup and Arsenal being the obvious example.
But why? He won't sell regardless, so nothing tangible gained.
I always look for a motive. Other than baiting Kroenke to buy him out, I can't see another serious motive here.
He doesn't need to though, their fans already blame him and Wenger for the teams lack of recent success, it is well known that Kroenke refuses to allow Usmanov to play any meaningful role at boardroom level. Problem is, for the Arsenal fans that is, he doesn't care and he's not likely to any time soon either. It's not as if Kroenke needs the money, he's mega rich himself and then his wife is also mega rich from the walmart side. Usmanov won't win his battle against Kroenke, but then is he really trying to?To get fans on his side one I would suggest.
Yes that is something I read too, interesting.According to the Arsenal blog a couple of pages back Usmanov knows bidding will flush out other prospective buyers and if they make a bid for Kronke's stake, then they legally have to bid for Usmanovs stake too and he will sell. Just a theory though.
The only way that would work is if the buyer buys all the shares and then promptly sells them to usmanov for a small profit. Long winded but a way to do it.According to the Arsenal blog a couple of pages back Usmanov knows bidding will flush out other prospective buyers and if they make a bid for Kronke's stake, then they legally have to bid for Usmanovs stake too and he will sell. Just a theory though.
Just seen this on the Peoples Forum
Can someone confirm whether this is indeed true
The ownership of Arsenal Football Club is considerably different from that of other clubs in English football. It is owned by a parent company, Arsenal Holdings plc, which has relatively few shares which are infrequently traded. Historically, the club has been owned by descendants of the Bracewell-Smith and Hill-Wood families, but since 2007 the club has attracted outside interest and two rival tycoons have acquired significant share holdings. As of 1 July 2011, the majority shareholder in the club is the American Stan Kroenke, who holds 67.05% of the parent company. His rival, the Russian-Uzbek Alisher Usmanov, owns 30.04%.[1] Under Takeover Panel rules, Kroenke must in due course make an offer for every available share in the club.[2]
Thanks for clearing that upHe made an offer about 5-6 years ago after taking the majority of shares mate, Usmanov rejected it, he has no obligation to make any additional offer after the initial one
Then is it possible there has to be some sort of official bid made before a shareholder of a certain percentage can move from one premier league team to another. It is a possibility.He doesn't need to though, their fans already blame him and Wenger for the teams lack of recent success, it is well known that Kroenke refuses to allow Usmanov to play any meaningful role at boardroom level. Problem is, for the Arsenal fans that is, he doesn't care and he's not likely to any time soon either. It's not as if Kroenke needs the money, he's mega rich himself and then his wife is also mega rich from the walmart side. Usmanov won't win his battle against Kroenke, but then is he really trying to?
I think there would be a benefit from an asset point of view potentially. That's why kronk won't sell, he's putting Arsenal up as an asset against all his projects in the US.Problem with this is I'm not sure who would buy them. He essentially owns 30% of Arsenal (for an extortionate amount of money) and has absolutely no say in any club decisions. Who would spend that amount of money when they realise that Kroenke has no intention of sharing power.
Very interesting, I think a fanfare with jesters and things would be a great welcome for our Russian messiah.According to the Arsenal blog a couple of pages back Usmanov knows bidding will flush out other prospective buyers and if they make a bid for Kronke's stake, then they legally have to bid for Usmanovs stake too and he will sell. Just a theory though.
The only way that would work is if the buyer buys all the shares and then promptly sells them to usmanov for a small profit. Long winded but a way to do it.
Although it looks like kronke won't sell.
There's a massive yacht on the Mersey now, I'm sure I see an Uzbek flag as well
It's on