Click to use the eyefootball Desktop site.
Russian billionaire Alisher Usmanov has revealed that he intends to buy a "blocking stake" in football club Arsenal. By this, the tycoon means a stake high enough to make the corporate running of the club more tricky to carry out without a certain amount of shareholder backing.
"I want to be in a position that will allow me a blocking stake and will then wait for it to go up in value." Usmanov said on a Russian radio station.
"It refers to a stakeholding that would make it difficult for the club to do what it wants," said Harry Philp, of football finance consultants Hermes Sports Partners.
Written by majicka
Copyright 2007 - 2019 Eyefootball Ltd. All rights reserved. The news and views discussed here are those of the participating users, and do not necessarily represent or have the endorsement of the editors of Eye Football.
Terms of Use - Privacy Policy - Contact Us - Use Desktop Site