Usmanov

[roydo]

6 months ago Usmanov was adamant he would not sell to Kroenke at any cost.
I don't believe anyone apart from a close few know what Usmanovs plans are, only time will tell.

Thats it. We can wax lyrical about a narrative, (guilty), or latch onto uninformed bits in the press. But the bloke has form for not letting on what he will do. Till he does it.

 

[Number_25]

I don't want him near the club.

 

[Azza]

I don't want him near the club.

But you're okay with the guy doing his books?

 

[Jreverton1]

I don't want him near the club.

Why Not? Moshiri's just the same but with less money. I'd be absolutely made up if he came on board, We could f*** the Sky 'Top 6' up

 

[Baldynut]

I don't want him near the club.

Tough

 

[peteblue]

I don't want him near the club.

Nor me, just his money, business acumen and contacts.......

 

[Bluebonic]

I don't want him near the club.

Thats OK mate, he wont be able to get through any of the turnstiles, he has, as you might say, a ‘fuller figure’

 

[Joey66]

I don't want him near the club.

So you don't want a multi billionaire near our club that's as mad as you get.........

 

[James]

What's the tax bill like for selling his Arsenal shares?

Yes I think you are right , isn't it called "rollover relief" .

Tax bill --> rollover relief by buying other shares in another UK company.

Stand by it's really possible.

Technically he didn’t sell them. It was his investment company in the Isle of Man. That company won’t be paying any tax on the disposal so rollover isn’t needed

 

[tim cahill]

Technically he didn’t sell them. It was his investment company in the Isle of Man. That company won’t be paying any tax on the disposal so rollover isn’t needed

It’s crazy that this sort of thing is allowed. Tax laws need to be rewritten by people that know what they’re doing.

 

[James]

It’s crazy that this sort of thing is allowed. Tax laws need to be rewritten by people that know what they’re doing.

It will be the same with Moshiri when he eventually sells up as Blue Heaven Holdings is also based in IOM. These guys don’t set things up to pay tax.

I would guess the only UK tax paid on this sale was the 0.5% stamp duty paid by Kroenke.

 

[tim cahill]

It will be the same with Moshiri when he eventually sells up as Blue Heaven Holdings is also based in IOM. These guys don’t set things up to pay tax.

I would guess the only UK tax paid on this sale was the 0.5% stamp duty paid by Kroenke.

I don’t doubt it. It just bugs me.

 

[canuckblue]

It’s crazy that this sort of thing is allowed. Tax laws need to be rewritten by people that know what they’re doing.

And they'll be circumvented every time by people who know what they're doing.

 

[sheedys big toe]

I couldn’t disagree more. London resi property prices have been stagnant for over a year and in Battersea and other over-developed areas have gone down significantly.
Conversely, all of the big London-based commercial property funds have been pulling out of London and investing in the M6 corridor and in particular Haydock (quadrupling their return in one instance since 2014).

Bigger returns in the North, more stability in London. Usmanov appears to like a risk.

This was mentioned in the gaurdin a few months back. He wants to develop the docklands into offices etc

 

[sheedys big toe]

I wouldn't be surprised in the slightest. If only he had an accountant who'd tried out a similar "wheeze" to make sure.

Could give him another gift. Say 500 Mil.