text

Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

Business News

BUSINESS / Business News 39 Views comments

Usmanov's rivalry with Kroenke has become increasingly public

Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest control of Arsenal from majority shareholder Stan Kroenke.

But with Kroenke showing no interest, the bid has in effect been rejected, though Usmanov is yet to receive written confirmation.

The Financial Times reported