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Arsene Wenger has revealed that the club have moved a step closer to replacing Keith Edelman. It is understood that Arsenal have already shortlisted various men to take over the role, including former Manchester City chief executive Alistair Mackintosh.
Keith Edelman has left Arsenal. The Managing Director was influential to the Emirates Stadium project. Edelman will still remain in his role at the club for a year to ensure a smooth transition, but his departure has sparked rumours of a potential takeover on the cards.
Liverpool chief executive Rick Parry has admitted he is a little disappointed to have drawn Arsenal in the Quarter Finals of the Champions League. Parry admitted that he had hoped to avoid any English opposition in the tournament.
Arsenal boss Arsene Wenger will remain at the helm for a long time according to managing director Keith Edelman. Barcelona have been consistently linked with a move for the French coach.
Arsenal managing director Keith Edelman has emphasised that there is no succession plan for boss Arsene Wenger. Edelman has said plans are being drawn up to keep the Frenchman on board till 2015.
Russian tycoon Alisher Usmanov last night promised he would continue to ‘buy, buy, buy’ - and take over Arsenal within 12 months. The Russian has bought up shares continuously and recently upped his holding to 23 percent.
Alisher Usmanov continues to purchase up Arsenal shares as this morning it has been revealed that the Russian has increased his stake to 23 percent. The Russian paid £6m a share for a further 2 percent holding at £10,000 each.
Amongst the battle for shareholdings at Arsenal is US tycoon Stanley Kroenke, who happens to have a very large stake in Arsenal. Before the threat of takeover from Alisher Usmanov, there were worries that Kroenke could too mount a takeover bid. However, it is now believed that Kroenke will display a show of support for the Arsenal board.
Arsenal's Managing Director Keith Edelman has revealed that the club does not need any significant financial investment and can compete with any club in the world in terms of finance. Earlier in the week, Alisher Usmanov had increased his stake to 21 percent to spark rumours of an imminent take over.
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