Usmanov

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In defence of ESK, he does not claim to be ITK about Usmanov. He is using his experience and knowledge of football finance to make a judgement call. When someone, writes a piece, backed up by as much background knowledge and as convincing as ESKs, Im listening, but for now he makes a convincing argument.
Is this the ESK who claimed the £60m Overdraft was being provided unsecured, only for it then to come out that it is secured. No company provides £60m unsecured unless they get equity!
 
Right, here's my take on the situation, and feel free to call me a tit. NEA ...

  • Kroenke has had some initial interest from a potential buyer of Arsenal
  • But, that potential buyer doesn't want Usmanov hanging around making life awkward, so ...
  • Kroenke starts the ball rolling on buying out Usmanov, but at a price a wee bit less than what he'll get from his "potential buyer"
  • Usmanov plays hard ball for a bit, then caves in
  • Six to twelve months later, Kroenke sells Arsenal on.

Now, OK, the financial whizz kids among you will bleat "But Arsenal's quoted on the stock exchange, if Kroenke has a potential buyer lined up, he has to inform the city". To which I would say ... they're quoted on NEX ( used to be called ISDX, OFEX and, if memory serves me right, PlusX) which, though it falls under the remit of the FCA, makes the AIM market look tightly regulated, so look on it as the Wild West of the stockmarket.

You read it here first.


Heh, it's fantasy, but if it happens, then I'm the best ITK in the land
I'm gonna say that buyer is the African bloke. If that is the case and Usmanov was adamant that he won't sell to SK then the buyer could buy Usmanov out first then SKs shares yeah?
 

He's just waiting for us to get our own Angry Birds game and then it's going to be announced via some elaborate video where Usmanov is an Angry Bird and knocks down a video game version of the Emirates and when he progresses to the next level, he's suddenly hurtling towards Goodison but when he knocks Goodison down, the stadium plans for Bramley-Moore appear.
 

2011 article. Think things have changed slightly since then.

Vis this snippet from the Newcastle Chronicle who are jizzing themselves at the thought of Ms Staveley at the helm:

it’s understood that she would be the principal investor through her PCP Capital Partners firm – which represents interests in the Gulf and China.

The financial muscle would be provided by her Gulf backers: PCP Capital Partners is worth $37billion.
 

I'm gonna say that buyer is the African bloke. If that is the case and Usmanov was adamant that he won't sell to SK then the buyer could buy Usmanov out first then SKs shares yeah?

It's possible but any buyer of Usmanov's shares will be in the same situation he's currently in. 30% ownership of an asset with zero say. SK cannot be forced to sell.
 

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