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Category: Alisher Usmanov

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Alisher Usmanov’s remedy for love? New love. And a £6.8m Olympic manifesto | Marina Hyde

The Russian oligarch has moved on from Arsenal to Everton but more intriguing is his decision to buy Pierre de Coubertin’s 1892 manifesto and donate it to the Olympic MuseumAt last, the mystery buyer of the world’s most expensive piece of sports memora…

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Alisher Usmanov donates £6.8m Olympic manifesto to Games museum

Billionaire reveals himself as mystery buyer of document14-page manifesto was written in 1892 by Pierre de CoubertinThe Russian billionaire Alisher Usmanov came out on Monday as the mystery buyer of the original 1892 Olympic manifesto, the most expensi…

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Alisher Usmanov pays £30m for naming rights at Everton’s new stadium

• Russian billionaire secures exclusive option on naming rights• Club makes record £111.8m loss despite revenues of £188mEverton have announced a record loss of £111.8m for the financial year to June 2019, an alarming plunge after the club made a £30m …

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Pleas for Usmanov’s riches may add to Big Six but result in Glasgow United | Paul Doyle

Careful what you wish for Newcastle and Everton fans – more competition could stave off a European Super League, but forward-thinking billionaires may find other corners to cutIt’s a good thing that Alisher Usmanov is not, so far as we can tell, Sacha …

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Why Stan Kroenke’s sole ownership of Arsenal is worrying news for fans | Andrew Mangan

Once football clubs are bought, assets can be stripped or they can fall into disrepair – with nothing the fans can do to stop itFor some years now, Arsenal football club has been in an unusual ownership position. Two billionaires own 97.13% of the shar…

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Why Stan Kroenke’s sole ownership of Arsenal is worrying news for fans | Andrew Mangan

Once football clubs are bought, assets can be stripped or they can fall into disrepair – with nothing the fans can do to stop itFor some years now, Arsenal football club has been in an unusual ownership position. Two billionaires own 97.13% of the shar…

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Stan Kroenke makes £600m offer to buy ‘100% ownership’ of Arsenal

• Majority shareholder’s deal would value the club at £1.8bn• Ambition is ‘to compete consistently for Champions League’Arsenal’s majority shareholder Stan Kroenke has made a £600m offer to buy the whole of the Premier League club, which would take its…

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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’ rulesIt is a tale of two major Premier League football clubs. And two billionaires. And how their close relationship and the opaqueness and …

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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’ rulesIt is a tale of two major Premier League football clubs. And two billionaires. And how their close relationship and the opaqueness and …

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Arsenal impasse leaves fans with few ways to vent their frustrations | Amy Lawrence

In the mid-1980s Arsenal supporters gathered outside the boardroom to shout ‘sack the board’. But how do today’s fans reach Kroenke and Usmanov?

Len Shackleton, a footballing maverick who was earning the maximum wage of £17 per week by the end of his luminous career in 1957, chose a particularly striking way to outline his disdain for the men who ran football clubs. In his autobiography he dedicated an entire chapter to the occupiers of the boardroom titled “The Average Director’s Knowledge of Football” – it consisted of a single blank page.

Having fallen out with various directors, Shackleton curtly referred to them as “those people upstairs”. It just goes to show that a disconnect between the proletariat and the businessmen who get to make decisions about club affairs is a thread that goes way back in the history of the game.

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Stan Kroenke makes £525m offer to buy Alisher Usmanov’s Arsenal shares

• Power struggle at Arsenal itensifies as American looks to buy out rival
• Fans fear move would put Kroenke in position to squeeze out shareholders

Arsenal’s majority shareholder, Stan Kroenke, has bid almost £525m to buy out Alisher Usmanov, the second-largest shareholder who has tried several times to wrestle control of the club. Only last May the American resisted Usmanov’s latest attempt at a takeover, and within the past couple of weeks this slow-burning power struggle for full control took a twist as Kroenke offered Usmanov £28,000 per share for the Russian’s stake.

Kroenke owns 67% of Arsenal; Usmanov has a 30.4% stake. The remaining shares belong to minority shareholders, many of whom have preserved a small holding for decades, even passing down the generations. Having two main investors who do not have a working relationship despite having been on the scene for the past 10 years, and who appear to hold one another in low regard, is not a healthy situation. Usmanov has never been able to secure a seat on the board or influence any decision-making, and both men know this will continue with the current awkwardly cut pieces of the Arsenal cake.

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Alisher Usmanov fails with £1bn bid to buy out Stan Kroenke at Arsenal

• Usmanov owns 30% of Arsenal and Kroenke 67%
• Russian billionaire has said he would spend big at Arsenal

Alisher Usmanov has made a $1.3bn (£1bn) bid for near total control of Arsenal. The Russian billionaire, who holds a 30% stake in the club, indicated to Stan Kroenke, the majority shareholder, that he was willing to pay the sum to buy him out. The approach, made last month, values Arsenal at $2bn.

Yet Kroenke, who owns 67%, after gradually building up his holding since 2007, is unwilling to contemplate the deal. He remains fully committed to the club and, even though Usmanov’s offer would net him a massive profit, he is not minded to sell. Kroenke has long maintained his investment is on behalf of his family for the long term and that he sees it as being for generations.

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Russian rouble collapse costs Arsenal’s Alisher Usmanov £517m in 48 hours

• Chelsea owner Roman Abramovich lost nearly £300m
• Usmanov is Arsenal’s second largest shareholder with 30%

An index of the world’s richest people has claimed that Arsenal’s second largest shareholder, Alisher Usmanov, has been among the hardest hit by this week’s collapse of the rouble, with the Uzbek-born businessman losing $809m (£517m) in the last 48 hours, while Chelsea’s Roman Abramovich lost nearly $450m.

The Russian currency has fallen to its lowest value in more than a decade as a result of falling oil prices. That has led to major losses among some of the country’s oligarchs, with a total of $10bn wiped off their collective fortunes since Monday night.

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Arsène Wenger hits back at Alisher Usmanov over Arsenal’s values

Major shareholder questioned manager’s direction of club
• ‘When we go through a difficult patch, we show solidarity’
Jack Wilshere out ‘for a while’ with ankle injury Continue reading…



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Arsène Wenger accused of not learning from his mistakes at Arsenal

• Alisher Usmanov questions Arsenal manager’s principles
• Second largest shareholder: every position needs improving
Match report: Arsenal 1-2 Manchester United
Arsène Wenger: why didn’t manager go out on FA Cup high? Continue reading…

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Alisher Usmanov: Arsenal ready to compete for more silverware

Second largest shareholder predicts new era for club Usmanov says financing of Emirates Stadium had major impact Continue reading…