Arsenal and Everton stakeholders’ close ties laid bare in leaked files

Links between Alisher Usmanov and Farhad Moshiri prompt calls for broadening of Premier League ‘dual ownership’ rules

It is a tale of two major Premier League football clubs. And two billionaires. And how their close relationship and the opaqueness and secrecy of the companies they own in offshore tax havens has led to questions over who owns what. As a result, campaigners are calling for changes to the rules intended to safeguard the independent ownership of Premier League teams.

The story begins with Arsenal and a very rich supporter, the Uzbek-Russian oligarch Alisher Usmanov. Ten years ago, Usmanov decided to buy a stake in the London Premier League giant whose home is the 60,000-seat Emirates Stadium, and he turned to the Isle of Man law firm Appleby to get it done.

Continue reading...

About the Author

Comments are closed.