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Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

Alisher Usmanov

Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest control of Arsenal from majority shareholder Stan Kroenke.

But with Kroenke showing no interest, the bid has in effect been rejected, though Usmanov is yet to receive written confirmation of that.

The Financial Times reported