Quote:
Alisher Usmanov's company Red and White Holdings Ltd have increased their shareholding in Premier League club Arsenal to 24%.
The investment company, whose chairman is former Gunners vice-chairman David Dein, is owned by Russian businessman Usmanov and London-based investor Farhad Moshiri.
It was formed in August 2007 following the initial sale of Dein's 14.5% stock for £75million, and by October had increased their stake to 23% - making them the second biggest individual shareholder behind director Daniel Fiszman, who has 24.11%.
Usmanov's interest precipitated a 'lock-down' agreement by the Gunners board which expires April - and has an option to be extended - meaning the Uzbek-born metals magnate cannot launch a takeover bid for the time being.
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Getting positioned for an April bid for the whole shebang? Another British institution falling into foreign hands?
Where will it end? With some lottery winner from Albania buying Burton Albion!