Alisher Usmanov has increased his stake in Arsenal from 26.29 per cent to 26.31 per cent. This is a miniscule increase, but it could be a significant signal of his intentions, given that he paid over the odds at £10,500 for the 37 shares. His Red and White Holdings have said that they are keeping all options and have refused to rule out a bid for the club.
Alisher Usmanov has increased his stake in Arsenal from 26.29 per cent to 26.31 per cent. This is a miniscule increase, but it could be a significant signal of his intentions, given that he paid over the odds at £10,500 for the 37 shares. His Red and White Holdings have said that they are keeping all options and have refused to rule out a bid for the club.
Given that Lady Nina Bracewell-Smith is effectively auctioning her shares, Usmanov may feel that he can afford to acquire at least some of them, although she would prefer to sell them as a block.