Usmanov makes bid to buy Arsenal — report

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London (AFP) – Russian billionaire Alisher Usmanov has made a $1.3 billion (£998 million, 1.1 billion euros) bid to take control of Arsenal from rival majority shareholder Stan Kroenke, according to a Financial Times report on Friday.

Uzbekistan-born Usmanov owns 30 percent of the Premier League club and is said to have recently made the offer in a letter to Kroenke, who controls a 67 per cent stake.

Read more at EPL Talk

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