Arsenal’s majority shareholder Stan Kroenke has made an offer to purchase out Alisher Usmanov’s shareholding in the English Premier League club, turning the tables on the Russian Billionaire.
The Uzbek-born businessman has sought massive support for his own plans to take over the North London club but is thought to be considering the bid. He currently has a 30.04% shareholding in the club.
Yet, American Stan Kroenke has sought to reduce Usmanov’s influence in the club denying him a place on the board.
The American has 67% of the shareholdings in the Emirates club through his own company Kroenke Sports Enterprises [KSE] and has become a controversial person among supporters frustrated by his failure to invest in the side and willingness to splash out cash.
Should Russian Usmanov decide to cash in on a bid for his own shareholdings and sell to Stan Kroenke, the Russian business magnate could turn his attentions to investing heavily on Merseyside giant Everton for a future assault on the UEFA Champions League spot.
The Russian billionaire is a friend of Everton owner Farhad Moshirir who had initially partnered up with as ally in his bid to take control at the North London club.