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Usmanov won't sell Arsenal stake

Russian billionaire Alisher Usmanov insists he will not sell his stake in Arsenal after fellow shareholder Stan Kroenke triggered a mandatory buyout offer for the club.

Usmanov won't sell Arsenal stake

American businessman Kroenke secured a 62.89 per cent controlling share in the club earlier this week after agreeing to buy out major shareholders Danny Fiszman (16.1 per cent) and Lady Nina Bracewell-Smith (15.9 per cent) for around £234m. By passing the 30 per cent threshold, Kroenke is obliged to make a cash offer for the remaining capi...

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