Date: 6 months ago   Category: Sport

Usmanov has confirmed sale of a share in the London Arsenal — Rambler News Service


Photo: Sergey the Russian businessman Alisher Usmanov has confirmed to Guneev/RIA Novosti sale of the share in the London Arsenal Football Club. "I have made the decision to sell my shares of football club & #39; & #39; Арсенал' & #39; which can be the best football club of the world. I wish great success to remarkable football club and all whose life and career are connected with it" — RNS in the press service of USM Holdings of a word of Usmanov have told. Earlier, as reported to RNS, Red and White Securities of Alisher Usmanov has agreed to sell the share in the London Arsenal Football Club of the KSE company belonging to the American businessman and the main owner of club Stan Kroenke. The cost of the transaction will be 550 million pounds sterling ($712,76 million). Usmanov has acquired 14,6% of shares of Arsenal in 2007. At the beginning of 2016 he has increased the share to 30%, having redeemed a package of the business partner Farkhad Moshiri. The American businessman Stan Kroenke has also entered the capital of club in 2007, the main owner he became four years later. Now Kroenke owns 67% of a share in club. In May, 2017 FT reported that Usmanov intends to redeem a controlling stake for $1,3 billion.

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