Arsenal: Alisher Usmanov Lodges (And Reportedly Fails) With £1bn Bid To Buy Out Stan Kroenke

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It's being reported that Alisher Usmanov, the Russian billionaire who owns a minority stake in Arsenal, has lodged a $1.3billion (approx. £1billion) bid to buy out his rival shareholder, Stan Kroenke.

Usmanov currently owns 30% of the club as opposed to Kroenke, who owns a controlling 67% stake in the Gunners.

Read more at Who Ate All the Pies

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