Usmanov raises Arsenal stake

Russian billionaire Alisher Usmanov has increased his stake in Arsenal football club to just over 26%.

He bought into Arsenal in August 2007, paying former vice-chairman David Dein about £75m for his 14.65% stake.

But US billionaire Stan Kroenke, who has been increasing his stake in Arsenal, remains the largest shareholder with 29.9%.

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Posted by Bilal Sulehri on Dec 11 2009. Filed under Football. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry