Arsenal, the next foreign owned club?!

'Chopper' · 02-15-2008, 02:59 PM

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 Â£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.

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!

'Chopper' · 02-15-2008, 03:09 PM

If he got the additional shares at the same price as Dein's that means he's spent Â£124,137,931 on buying his 24%!"shakehead"

'Chopper' · 02-15-2008, 03:32 PM

That values the club at Â£517,241,379 if the shares are all sold at the same price Dein sold his! Yes, over Â£500m for Arsenal!"wht"

'Chopper' · 02-15-2008, 03:55 PM

Quote:

Originally Posted by Josh-burton albion fc

That is alot of money !

"Idea"You could probably buy Burton with the odd Â£241,379"wave"

02-15-2008, 03:09 PM	#2 (permalink)
'Chopper' Semi-Pro Join Date: Feb 2008 Location: Norwich, "A fine city! .... full of inbreds! Posts: 722 Thanks: 0 Thanked 2 Times in 2 Posts Nominees Submitted: 0 Nominated 0 Times in 0 Posts Has Not Won Any TOTM Yet	How much???????????? If he got the additional shares at the same price as Dein's that means he's spent Â£124,137,931 on buying his 24%!"shakehead" __________________ There *ARE* two teams in Edinburgh, Hearts .......... and Hearts reserves!

02-15-2008, 03:32 PM	#3 (permalink)
'Chopper' Semi-Pro Join Date: Feb 2008 Location: Norwich, "A fine city! .... full of inbreds! Posts: 722 Thanks: 0 Thanked 2 Times in 2 Posts Nominees Submitted: 0 Nominated 0 Times in 0 Posts Has Not Won Any TOTM Yet	Arsenal are worth how much? That values the club at Â£517,241,379 if the shares are all sold at the same price Dein sold his! Yes, over Â£500m for Arsenal!"wht" __________________ There *ARE* two teams in Edinburgh, Hearts .......... and Hearts reserves!

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode