It is a two way battle between Stan Kroenke and Alisher Usmanov and the balance of power lies
with Nina Bracewell- Smith and her family's 15.9% stake holding.
Usmanov bought more shares to increase his share to 26.07%. I think the Kazakh is trying to
maneuver himself into a " I told you so" position if Arsenal lands up with yet another trophy less
season.
As news filters through that Stan Kroenke has purchased 25 more shares of Arsenal Football Club
edging him closer to the 30% threshold for the mandatory takeover bid, it has become apparent to
the fans that they might be looking at the future owner of the club.
Having Kroenke as the owner of the club will not be bad.
On Monday, it was announced that Stan Kroenke had purchased another 25 shares in Arsenal
Football Club for £212,500, bringing him within 17 shares of being forced to launch a takeover
bid. Of course, it must be stressed that even the seemingly apocalyptic figure of 29.99% does not
mean anything is going to happen.